Wendy’s (NASDAQ: WEN) recently received a number of ratings updates from brokerages and research firms:
Wendy’s Co. (NASDAQ:WEN) opened at 12.99 on Monday. The company has a 50-day moving average of $11.26 and a 200 day moving average of $10.40. The company has a market cap of $3.34 billion, a PE ratio of 18.88 and a beta of 0.79. Wendy’s Co. has a 52-week low of $8.89 and a 52-week high of $13.13.
Wendy’s (NASDAQ:WEN) last issued its quarterly earnings data on Wednesday, November 9th. The company reported $0.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.10 by $0.01. The firm earned $364 million during the quarter, compared to analysts’ expectations of $350.35 million. Wendy’s had a net margin of 11.74% and a return on equity of 16.62%. The business’s revenue was down 21.7% on a year-over-year basis. During the same period last year, the company earned $0.09 earnings per share. Equities research analysts predict that Wendy’s Co. will post $0.41 EPS for the current year.