Wendy’s Company (The) which can be found using ticker (WEN) have now 22 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 29 and 20 with the average target price sitting at $24.75. Given that the stocks previous close was at $21.61 and the analysts are correct then we can expect a percentage increase in value of 14.5%. It’s also worth noting that there is a 50 day moving average of $21.79 and the 200 day moving average is $21.15. The market capitalization for the company is $4,561m. Find out more information at: https://www.wendys.com
The potential market cap would be $5,224m based on the market consensus.
The Wendy’s Company, together with its subsidiaries, operates as a quick-service restaurant company in the United States and internationally. It operates through Wendy’s U.S., Wendy’s International, and Global Real Estate & Development segments. The company is involved in operating, developing, and franchising a system of quick-service restaurants specializing in hamburger sandwiches. The company also owns and leases real estate properties. The company was formerly known as Wendy’s/Arby’s Group, Inc. and changed its name to The Wendy’s Company in July 2011. The Wendy’s Company was founded in 1969 and is headquartered in Dublin, Ohio.
The company has a dividend yield of 4.65% with the ex dividend date set at 28-2-2023 (DMY).
Other points of data to note are a P/E ratio of 26.23, revenue per share of 9.8 and a 3.96% return on assets.
