Sentiment Report: Wendys Co (NASDAQ:WEN)

Sentiment for Wendys Co (NASDAQ:WEN)

Wendys Co (NASDAQ:WEN) institutional sentiment decreased to 1.21 in Q4 2018. Its down -0.31, from 1.52 in 2018Q3. The ratio fall, as 115 funds increased or opened new equity positions, while 95 sold and trimmed equity positions in Wendys Co. The funds in our partner’s database now have: 171.81 million shares, down from 177.37 million shares in 2018Q3. Also, the number of funds holding Wendys Co in their top 10 equity positions decreased from 4 to 2 for a decrease of 2. Sold All: 28 Reduced: 67 Increased: 70 New Position: 45.

The Wendy's Company, through its subsidiaries, operates as a quick-service restaurant firm in the hamburger sandwich segment worldwide. The company has market cap of $3.83 billion. It is involved in operating, developing, and franchising a system of quick-service restaurants. It has a 8.85 P/E ratio. The companyÂ’s restaurants offer a range of chicken breast sandwiches, chicken nuggets, chili, French fries, baked potatoes, salads, soft drinks, Frosty desserts, and kidsÂ’ meals.

The stock decreased 1.01% or $0.17 during the last trading session, reaching $16.63. About 4.12M shares traded or 8.51% up from the average. The Wendy's Company (NASDAQ:WEN) has risen 8.14% since March 15, 2018 and is uptrending. It has outperformed by 3.77% the S&P500.

Analysts await The Wendy's Company (NASDAQ:WEN) to report earnings on May, 14. They expect $0.12 EPS, up 9.09 % or $0.01 from last year’s $0.11 per share. WEN’s profit will be $27.63M for 34.65 P/E if the $0.12 EPS becomes a reality. After $0.16 actual EPS reported by The Wendy's Company for the previous quarter, Wall Street now forecasts -25.00 % negative EPS growth.

Managed Asset Portfolios Llc holds 6.59% of its portfolio in The Wendy's Company for 1.47 million shares. Trian Fund Management L.P. owns 31.63 million shares or 5.35% of their US portfolio. Moreover, Eminence Capital Lp has 2.43% invested in the company for 8.01 million shares. The New York-based Horizon Kinetics Llc has invested 1.75% in the stock. Boyar Asset Management Inc., a New York-based fund reported 91,874 shares.

Since January 1, 0001, it had 0 insider purchases, and 2 sales for $51.83 million activity.

The Wendy's Company (NASDAQ:WEN) Ratings Coverage

Ratings analysis reveals 56% of Wendy’s’s analysts are positive. Out of 9 Wall Street analysts rating Wendy’s, 5 give it “Buy”, 0 “Sell” rating, while 4 recommend “Hold”. The lowest target is $16 while the high is $21. The stock’s average target of $18.81 is 13.11% above today’s ($16.63) share price. WEN was included in 12 notes of analysts from September 25, 2018. The firm has “Outperform” rating given on Wednesday, January 9 by Oppenheimer. The stock of The Wendy's Company (NASDAQ:WEN) earned “Hold” rating by Stifel Nicolaus on Friday, February 22. Wedbush downgraded the shares of WEN in report on Wednesday, January 9 to “Neutral” rating. The rating was maintained by Wedbush on Friday, February 22 with “Hold”. The firm earned “Buy” rating on Tuesday, February 19 by Oppenheimer. The rating was maintained by J.P. Morgan with “Buy” on Monday, February 25. The firm has “Market Perform” rating by Wells Fargo given on Thursday, November 8. Stifel Nicolaus downgraded the shares of WEN in report on Monday, January 7 to “Hold” rating.

More notable recent The Wendy's Company (NASDAQ:WEN) news were published by: Nasdaq.com which released: “Wendy’s (WEN) Earnings Expected to Grow: What to Know Ahead of Next Week’s Release – Nasdaq” on February 14, 2019, also Seekingalpha.com with their article: “Wendy’s declares $0.10 dividend – Seeking Alpha” published on February 15, 2019, Seekingalpha.com published: “Expected Dividend Increases In March 2019 – Seeking Alpha” on February 28, 2019. More interesting news about The Wendy's Company (NASDAQ:WEN) were released by: Globenewswire.com and their article: “New Research Coverage Highlights The Wendy’s, Rite Aid, Invesco, LendingClub, Diodes, and Athenex — Consolidated Revenues, Company Growth, and Expectations for 2019 – GlobeNewswire” published on February 25, 2019 as well as Nasdaq.com‘s news article titled: “Wendy’s (WEN) Beats Q4 Earnings Estimates – Nasdaq” with publication date: February 21, 2019.

The Wendy's Company (NASDAQ:WEN) Institutional Positions Chart

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