thoughts on these estimates, before EPS results? The Wendy’s (NASDAQ:WEN)

Earnings results for The Wendy’s (NASDAQ:WEN)

The Wendy’s last released its earnings data on March 2nd, 2021. The restaurant operator reported $0.17 EPS for the quarter, missing the consensus estimate of $0.18 by $0.01. The firm had revenue of $474.30 million for the quarter, compared to analysts’ expectations of $476.59 million. Its quarterly revenue was up 11.0% on a year-over-year basis. The Wendy’s has generated $0.59 earnings per share over the last year and currently has a price-to-earnings ratio of 47.4. The Wendy’s has confirmed that its next quarterly earnings report will be published on Wednesday, May 12th, 2021. The Wendy’s will be holding an earnings conference call on Wednesday, May 12th. Interested parties can register for or listen to the call using this link.

Analyst Opinion on The Wendy’s (NASDAQ:WEN)

19 Wall Street analysts have issued ratings and price targets for The Wendy’s in the last 12 months. Their average twelve-month price target is $25.38, predicting that the stock has a possible upside of 11.68%. The high price target for WEN is $27.00 and the low price target for WEN is $23.00. There are currently 8 hold ratings and 11 buy ratings for the stock, resulting in a consensus rating of “Buy.”

The Wendy’s has received a consensus rating of Buy. The company’s average rating score is 2.58, and is based on 11 buy ratings, 8 hold ratings, and no sell ratings. According to analysts’ consensus price target of $25.38, The Wendy’s has a forecasted upside of 11.7% from its current price of $22.73. The Wendy’s has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Dividend Strength: The Wendy’s (NASDAQ:WEN)

The Wendy’s pays a meaningful dividend of 1.58%, higher than the bottom 25% of all stocks that pay dividends. The Wendy’s has only been increasing its dividend for 1 years. The dividend payout ratio of The Wendy’s is 61.02%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, The Wendy’s will have a dividend payout ratio of 52.17% next year. This indicates that The Wendy’s will be able to sustain or increase its dividend.

Insiders buying/selling: The Wendy’s (NASDAQ:WEN)

In the past three months, The Wendy’s insiders have bought more of their company’s stock than they have sold. Specifically, they have bought $142,350.00 in company stock and sold $0.00 in company stock. Only 20.90% of the stock of The Wendy’s is held by insiders. 69.37% of the stock of The Wendy’s is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of The Wendy’s (NASDAQ:WEN

Earnings for The Wendy’s are expected to grow by 25.45% in the coming year, from $0.55 to $0.69 per share. The P/E ratio of The Wendy’s is 47.35, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 23.68. The P/E ratio of The Wendy’s is 47.35, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 36.41. The Wendy’s has a PEG Ratio of 3.58. PEG Ratios above 1 indicate that a company could be overvalued. The Wendy’s has a P/B Ratio of 10.15. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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