Wendy’s Company (The) which can be found using ticker (WEN) now have 24 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The range between the high target price and low target price is between 29 and 20 suggesting an average Analsyt target price of $24.90. Given that the stocks previous close was at $20.90 and the analysts are correct then we can expect a percentage increase in value of 19.1%. There is a 50 day moving average of $22.11 and the 200 day MA is $20.85. The company has a market capitalization of $4,443m. Company Website: https://www.wendys.com
The potential market cap would be $5,294m 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 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 4.83% with the ex dividend date set at 28-2-2023 (DMY).
Other points of data to note are a P/E ratio of 25.11, revenue per share of 9.8 and a 3.96% return on assets.
