Sentiment Report: Wendys International Inc (NASDAQ:WEN)

January 16, 2018 - By Vivian Currie

 Sentiment Report: Wendys International Inc (NASDAQ:WEN)

Sentiment for Wendys International Inc (NASDAQ:WEN)

Wendys International Inc (NASDAQ:WEN) institutional sentiment decreased to 0.79 in Q3 2017. Its down -0.25, from 1.04 in 2017Q2. The ratio dropped, as 93 active investment managers opened new or increased positions, while 118 reduced and sold their equity positions in Wendys International Inc. The active investment managers in our partner’s database reported: 181.38 million shares, down from 182.30 million shares in 2017Q2. Also, the number of active investment managers holding Wendys International Inc in their top 10 positions was flat from 3 to 3 for the same number . Sold All: 23 Reduced: 95 Increased: 63 New Position: 30.

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 $4.18 billion. It is involved in operating, developing, and franchising a system of quick-service restaurants. It has a 66.86 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 increased 0.06% or $0.01 during the last trading session, reaching $17.25. About 3.53 million shares traded. The Wendy's Company (NASDAQ:WEN) has risen 56.90% since January 16, 2017 and is uptrending. It has outperformed by 40.20% the S&P500.

Analysts await The Wendy's Company (NASDAQ:WEN) to report earnings on February, 15. They expect $0.12 EPS, up 50.00 % or $0.04 from last year’s $0.08 per share. WEN’s profit will be $29.06M for 35.94 P/E if the $0.12 EPS becomes a reality. After $0.09 actual EPS reported by The Wendy's Company for the previous quarter, Wall Street now forecasts 33.33 % EPS growth.

Managed Asset Portfolios Llc holds 6.9% of its portfolio in The Wendy's Company for 1.43 million shares. Trian Fund Management L.P. owns 39.04 million shares or 4.67% of their US portfolio. Moreover, Horizon Kinetics Llc has 3.24% invested in the company for 7.09 million shares. The New York-based Eminence Capital Lp has invested 2.24% in the stock. Boyar Asset Management Inc., a New York-based fund reported 115,781 shares.#img1#

Since January 1, 0001, it had 0 insider buys, and 1 insider sale for $54,736 activity.

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

Ratings analysis reveals 50% of Wendy’s’s analysts are positive. Out of 18 Wall Street analysts rating Wendy’s, 9 give it “Buy”, 2 “Sell” rating, while 7 recommend “Hold”. The lowest target is $9.50 while the high is $22.0. The stock’s average target of $15.31 is -11.25% below today’s ($17.25) share price. WEN was included in 42 notes of analysts from August 6, 2015. Goldman Sachs upgraded the shares of WEN in report on Thursday, November 19 to “Buy” rating. The firm has “Overweight” rating by Stephens given on Thursday, May 11. On Thursday, November 9 the stock rating was maintained by Credit Suisse with “Neutral”. JP Morgan upgraded The Wendy's Company (NASDAQ:WEN) on Thursday, August 6 to “Overweight” rating. Bernstein reinitiated The Wendy's Company (NASDAQ:WEN) on Thursday, May 26 with “Market Perform” rating. Credit Suisse upgraded it to “Underperform” rating and $10 target in Tuesday, August 11 report. Wedbush upgraded The Wendy's Company (NASDAQ:WEN) rating on Wednesday, December 20. Wedbush has “Buy” rating and $20.0 target. The stock of The Wendy's Company (NASDAQ:WEN) has “Underweight” rating given on Thursday, November 9 by Morgan Stanley. The stock has “Buy” rating by BMO Capital Markets on Wednesday, August 9. The stock of The Wendy's Company (NASDAQ:WEN) has “Overweight” rating given on Friday, February 24 by JP Morgan.

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