Equities research analysts expect that Wendys Co (NASDAQ:WEN) will post $0.15 earnings per share (EPS) for the current quarter, according to Zacks. Seven analysts have issued estimates for Wendys’ earnings. The lowest EPS estimate is $0.14 and the highest is $0.16. Wendys reported earnings per share of $0.11 in the same quarter last year, which would suggest a positive year over year growth rate of 36.4%. The company is scheduled to announce its next earnings report before the market opens on Thursday, February 21st.

On average, analysts expect that Wendys will report full-year earnings of $0.57 per share for the current year, with EPS estimates ranging from $0.57 to $0.58. For the next financial year, analysts expect that the business will post earnings of $0.66 per share, with EPS estimates ranging from $0.62 to $0.70. Zacks Investment Research’s EPS averages are an average based on a survey of sell-side research analysts that follow Wendys.

A number of brokerages have weighed in on WEN. Stifel Nicolaus lowered shares of Wendys from a “buy” rating to a “hold” rating in a research note on Monday, January 7th. BidaskClub raised shares of Wendys from a “hold” rating to a “buy” rating in a research report on Thursday, November 22nd. Wedbush reissued a “buy” rating and issued a $20.00 price objective on shares of Wendys in a research report on Wednesday, November 7th. Mizuho set a $20.00 price objective on shares of Wendys and gave the stock a “buy” rating in a research report on Thursday, November 8th. Finally, Oppenheimer raised shares of Wendys from a “market perform” rating to an “outperform” rating and set a $20.00 price objective on the stock in a research report on Wednesday, January 9th. Nine research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. Wendys presently has an average rating of “Buy” and an average target price of $19.65.

Shares of WEN opened at $18.00 on Thursday. The company has a debt-to-equity ratio of 3.52, a quick ratio of 2.51 and a current ratio of 2.52. Wendys has a twelve month low of $14.96 and a twelve month high of $18.68. The company has a market capitalization of $4.26 billion, a price-to-earnings ratio of 41.86, a P/E/G ratio of 1.29 and a beta of 0.80.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 15th. Stockholders of record on Friday, March 1st will be given a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.22%. This is a positive change from Wendys’s previous quarterly dividend of $0.09. Wendys’s payout ratio is currently 79.07%.

In related news, COO Robert D. Wright sold 28,300 shares of the business’s stock in a transaction on Wednesday, November 21st. The shares were sold at an average price of $17.78, for a total transaction of $503,174.00. Following the transaction, the chief operating officer now directly owns 48,467 shares in the company, valued at $861,743.26. The sale was disclosed in a filing with the SEC, which is available through this link. Insiders own 23.10% of the company’s stock.

A number of institutional investors and hedge funds have recently modified their holdings of WEN. Enlightenment Research LLC acquired a new position in Wendys during the fourth quarter worth $28,000. Oregon Public Employees Retirement Fund increased its holdings in Wendys by 1,553.1% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 1,163,242 shares of the restaurant operator’s stock worth $75,000 after buying an additional 1,092,875 shares during the last quarter. Clarfeld Financial Advisors LLC acquired a new position in Wendys during the fourth quarter worth $94,000. Valeo Financial Advisors LLC increased its holdings in Wendys by 2,200.0% during the third quarter. Valeo Financial Advisors LLC now owns 6,900 shares of the restaurant operator’s stock worth $118,000 after buying an additional 6,600 shares during the last quarter. Finally, OLD Mission Capital LLC acquired a new position in Wendys during the fourth quarter worth $164,000. Institutional investors and hedge funds own 76.25% of the company’s stock.

Wendys Company Profile

The Wendy's Company, through its subsidiaries, operates as a quick-service restaurant company. It is involved in operating, developing, and franchising a system of quick-service restaurants specializing in hamburger sandwiches. The company's restaurants offer a range of chicken breast sandwiches, chicken nuggets, chili, French fries, baked potatoes, salads, soft drinks, desserts, and kids' meals.

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Earnings History and Estimates for Wendys (NASDAQ:WEN)

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