Wendy’s Company (The) (WEN) Receiving Somewhat Positive News Coverage, Report Finds
Media coverage about Wendy’s Company (The) (NASDAQ:WEN) has been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group rates the sentiment of press coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Wendy’s Company (The) earned a news sentiment score of 0.16 on Accern’s scale. Accern also gave news headlines about the restaurant operator an impact score of 45.7484150601092 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Here are some of the headlines that may have impacted Accern’s rankings:
- Fake labor pains veil counterfeit $100 bill at Dayton Wendy’s (whio.com)
- Panera CEO Pushes Fast-Food Chains to Sell Better Kids’ Meals (adage.com)
- JQH Promotes Wendy Magnuson to Senior Director of Strategic Sales (businesswire.com)
- JOSEPH UVINO WENDY UVINO v. BARROWS INC (caselaw.findlaw.com)
- ETFs with exposure to The Wendy’s Co. : September 20, 2017 (finance.yahoo.com)
Shares of Wendy’s Company (WEN) opened at 15.15 on Friday. The company has a 50-day moving average of $15.12 and a 200-day moving average of $14.96. The company has a market capitalization of $3.69 billion, a PE ratio of 39.35 and a beta of 1.00. Wendy’s Company has a one year low of $10.47 and a one year high of $16.66.
Wendy’s Company (The) (NASDAQ:WEN) last issued its quarterly earnings data on Wednesday, August 9th. The restaurant operator reported $0.15 EPS for the quarter, topping analysts’ consensus estimates of $0.13 by $0.02. Wendy’s Company (The) had a net margin of 7.68% and a return on equity of 19.67%. The business had revenue of $320.34 million for the quarter. During the same quarter in the previous year, the business earned $0.10 earnings per share. The company’s revenue was down 16.3% on a year-over-year basis. On average, 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. Investors of record on Friday, September 1st were issued a dividend of $0.07 per share. The ex-dividend date of this dividend was Wednesday, August 30th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.81%. Wendy’s Company (The)’s payout ratio is 75.68%.
WEN has been the topic of several recent analyst reports. Longbow Research raised shares of Wendy’s Company (The) from a “neutral” rating to a “buy” rating and boosted their target price for the company from $15.23 to $18.00 in a research note on Friday, September 15th. Sanford C. Bernstein reissued a “market perform” rating and set a $16.00 target price on shares of Wendy’s Company (The) in a research note on Tuesday, July 25th. UBS AG reissued a “sell” rating and set a $13.00 target price (up from $12.00) on shares of Wendy’s Company (The) in a research note on Thursday, August 10th. BidaskClub downgraded shares of Wendy’s Company (The) from a “buy” rating to a “hold” rating in a research note on Monday, August 14th. Finally, Royal Bank Of Canada reissued a “hold” rating and set a $16.00 target price on shares of Wendy’s Company (The) in a research note on Thursday, June 22nd. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating and eight have issued a buy rating to the stock. Wendy’s Company (The) has a consensus rating of “Hold” and an average target price of $15.77.
Wendy’s Company (The) Company Profile
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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