After Hours
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for The Wendy’s Company (WEN) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.34, or 1.50%, to $23.02. The The Wendy’s Company has recorded 21,586 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that Wendy’s Partners with Pipedream to Pilot Industry-First Underground Delivery System for Mobile Orders.
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Stocks Info
The Wendy’s Company is listed on the NASDAQ as a member of the Consumer Cyclical sector and is a part of the Restaurants industry. At the end of the last regular session, the stock closed at $22.68 and fluctuated between $23.42 as its day high and $22.65 as its day low. The current market capitalization of The Wendy’s Company is $4.80B. A total of 2.67 million shares were traded on the day, compared to an average of 3.13M shares.
Insider Activity
Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, WEN has seen 14 BUY and 14 SELL insider trades, representing the acquisition of 220,612 and the disposition of 14,634,772 shares. Over the last 12 months, there were 27 BUYs and 17 SELLs from insiders. Insiders purchased 345,257 shares during that period but sold 14,769,928.
In the most recent transaction, Esposito Liliana sold 64,701 shares of WEN for 21.26 per share on Mar 09. After the transaction, the Chf Corp Affrs & Sustnblty Ofc now owns 74,865 company shares. In a previous transaction on Mar 03, Peltz Matthew H. sold 3,627,569 shares at 22.05 per share. WEN shares that Director owns now total 21,705,770.
Among the insiders who sold shares, MAY PETER W disposed of 3,627,569 shares on Mar 03 at a per-share price of $22.05. This resulted in the Director holding 21,705,770 shares of WEN after the transaction. In another insider transaction, GARDEN EDWARD P sold 3,627,569 shares at $22.05 per share on Mar 03. Company shares held by the 10% Owner now total 21,705,770.
Dividend
It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. The Wendy’s Company pays an annual dividend of $1.00, resulting in a dividend yield of 4.41%, and it has a price to earnings (P/E) ratio of 27.13. WEN’s most recent ex-dividend date was 5/31/2023 when it declared a $0.25 quarterly dividend that was paid in cash on 6/15/2023. Previously, the company paid the dividend on 3/15/2023 with an ex-dividend date of 2/28/2023. The WEN stock dividend was $0.25 per share in cash.
Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for WEN in the last 3 months, the mean price target is $25.26 with high estimates of $29.00 and low estimates of $21.00. In terms of 52-week highs and lows, WEN has a high of $23.90 and a low of $16.06.
As of this writing, WEN has an earnings estimate of $0.27 per share for the current quarter. EPS was calculated based on a consensus of 25 estimates, with a high estimate of $0.29 per share and a lower estimate of $0.24. The company reported an EPS of $0.22 in the last quarter, which was 10.00% higher than expectations of $0.2.
Balance Sheet Annually/Quarterly
A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. WEN’s latest balance sheet shows that the firm has $249.44M in Cash & Short Term Investments as of fiscal 2021. There were $3.86B in debt and $426.93M in liabilities at the time. Its Book Value Per Share was $1.97, while its Total Shareholder’s Equity was $436.40M.
Analysts Opinion
It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for WEN is Buy with a score of 3.70.