Wendy’s Company (The) (WEN) Receives News Impact Rating of 0.14
Media coverage about Wendy’s Company (The) (NASDAQ:WEN) has been trending somewhat positive on Wednesday, according to Accern. The research firm ranks the sentiment of media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Wendy’s Company (The) earned a media sentiment score of 0.14 on Accern’s scale. Accern also gave news coverage about the restaurant operator an impact score of 45.951887649129 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the news articles that may have impacted Accern Sentiment Analysis’s scoring:
- The Wendy’s Company (WEN)- Performance Assessment Buzzers on Charts – NASDAQ Times (nasdaqtimes.com)
- Dominos and Wendy’s Are Kickin’, Thanks to Millennials – TheStreet.com (thestreet.com)
- Fast-growing IT company Roc which serves Tesco, BAE Systems and the BBC grabs £10m funding (cityam.com)
- Racing around the world: Exotic marathons for runners with wanderlust (chicagotribune.com)
- Noodles & Company has closed all 6 Massachusetts locations (boston.com)
Shares of Wendy’s Company (NASDAQ:WEN) opened at 15.47 on Wednesday. The stock’s 50 day moving average is $15.08 and its 200-day moving average is $15.10. The company has a market cap of $3.77 billion, a price-to-earnings ratio of 40.18 and a beta of 0.99. Wendy’s Company has a 52 week low of $10.51 and a 52 week high of $16.66.
Wendy’s Company (The) (NASDAQ:WEN) last issued its earnings results on Wednesday, August 9th. The restaurant operator reported $0.15 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.13 by $0.02. The firm had revenue of $320.34 million during the quarter. Wendy’s Company (The) had a net margin of 7.68% and a return on equity of 19.67%. The firm’s revenue for the quarter was down 16.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.10 earnings per share. On average, equities analysts anticipate that Wendy’s Company will post $0.47 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which was paid on Friday, September 15th. Shareholders of record on Friday, September 1st were given a $0.07 dividend. The ex-dividend date was Wednesday, August 30th. This represents a $0.28 annualized dividend and a yield of 1.81%. Wendy’s Company (The)’s dividend payout ratio (DPR) is 75.68%.
Several brokerages recently issued reports on WEN. Sanford C. Bernstein reiterated a “market perform” rating and issued a $16.00 target price on shares of Wendy’s Company (The) in a research report on Tuesday, July 25th. Zacks Investment Research raised Wendy’s Company (The) from a “hold” rating to a “buy” rating and set a $18.00 price target for the company in a research note on Thursday, July 20th. BidaskClub raised Wendy’s Company (The) from a “sell” rating to a “hold” rating in a research note on Monday, September 18th. SunTrust Banks, Inc. reiterated a “buy” rating and issued a $18.00 price objective on shares of Wendy’s Company (The) in a report on Monday. Finally, Bank of America Corporation reiterated a “neutral” rating and set a $17.00 price objective on shares of Wendy’s Company (The) in a research report on Monday, August 14th. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating and nine have issued a buy rating to the stock. Wendy’s Company (The) has a consensus rating of “Hold” and an average price target of $15.89.
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About Wendy’s Company (The)
The Wendy’s Company is the parent company of subsidiary holding company Wendy’s Restaurants, LLC (Wendy’s Restaurants). Wendy’s Restaurants is the parent company of Wendy’s International, LLC (Wendy’s), which is the owner and franchisor of the Wendy’s restaurant system in the United States. Wendy’s is a restaurant company specializing in the hamburger sandwich segment.
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