Wendy's
WEN
Market cap $4.04B

19.68 USD

-0.31

1.55%

At close Oct 17, 4:00 PM EDT

After hours

19.68

+0.00

0.00%

1 day

-1.55%

5 days

8.91%

1 month

10.75%

3 months

7.89%

6 months

3.47%

Year to date

1.71%

1 year

4.57%

5 years

-7.99%

About: The Wendy's Company is the second-largest burger quick-service restaurant, or QSR, chain in the United States by systemwide sales, with $12.3 billion in 2023, narrowly edging Burger King ($11.5 billion) and clocking in well behind wide-moat McDonald's ($53.1 billion). After divestitures of Tim Hortons (2006) and Arby's (2011), the firm manages just the burger banner, generating sales across a footprint that spanned almost 7,157 total stores in 30 countries as of year-end 2023. Wendy's generates revenue from the sale of hamburgers, chicken sandwiches, salads, and fries throughout its company-owned footprint, through franchise royalty and marketing fund payments remitted by its franchisees, which account for 94% of stores, and through franchise flipping and advisory fees.

Employees: 15,300

Consumer Discretionary Eating & Drinking Places

0

Funds holding %

of 6,740 funds

0

Analysts bullish %

of 18 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

65% more first-time investments, than exits

New positions opened: 76 | Existing positions closed: 46

8% more funds holding

Funds holding: 358 [Q1] → 388 (+30) [Q2]

8% more repeat investments, than reductions

Existing positions increased: 128 | Existing positions reduced: 119

0.21% more ownership

Funds ownership: 85.53% [Q1] → 85.74% (+0.21%) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 2 [Q1] → 2 (+0) [Q2]

10% less capital invested

Capital invested by funds: $3.31B [Q1] → $2.98B (-$329M) [Q2]

20% less call options, than puts

Call options by funds: $24.7M | Put options by funds: $31M

See Fund Rankings

Research analyst outlook

18 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$17

14%

downside

Avg. target

$19.49

1%

downside

High target

$29

47%

upside

18 analyst ratings

2 positive

11%

16 neutral

89%

0 negative

0%

TD Cowen Andrew Charles 64% 1-year accuracy 76 / 118 met price target	3%downside $19	Hold Maintained	16 Oct 2024
Stephens & Co. Jim Salera 70% 1-year accuracy 19 / 27 met price target	3%downside $19	Equal-Weight Reiterated	8 Oct 2024
Citigroup Jon Tower 65% 1-year accuracy 15 / 23 met price target	5%downside $18.75	Neutral Maintained	8 Oct 2024
JP Morgan John Ivankoe 58% 1-year accuracy 19 / 33 met price target	12%upside $22	Neutral Maintained	16 Sept 2024
TD Cowen Andrew Charles 64% 1-year accuracy 76 / 118 met price target	14%downside $17	Hold Reiterated	9 Sept 2024

See Analyst Rankings

Financial journalist opinion

Based on 10 articles about WEN published over the past 30 days

Rebel Foods opens 160th Wendy's restaurant in Bengaluru

Rebel Foods opened all 160 Wendy's restaurants in a record span of 36 months DUBLIN, Ohio , Oct. 14, 2024 /PRNewswire/ -- The Wendy's Company announced today that Rebel Foods, the world's largest internet restaurant brand and the master franchise holder for Wendy's® in India, opened its 160th Wendy's restaurant at BTM Layout in Bengaluru. Dana Calvert, Wendy's Chief International Development Officer, led the opening celebration, reinforcing the brand's commitment to accelerating growth in India.

Rebel Foods opens 160th Wendy's restaurant in Bengaluru

The Wendy's Company to Report Third Quarter 2024 Results on October 31

DUBLIN, Ohio , Oct. 9, 2024 /PRNewswire/ -- The Wendy's Company (Nasdaq: WEN) will release its third quarter 2024 results before the market opens on Thursday, October 31. The Company will host a conference call that same day at 8:30 a.m.

The Wendy's Company to Report Third Quarter 2024 Results on October 31

24/7 Wall Street

Stock Market Is More Expensive Than 1929: 4 Safe High-Yield Stocks to Buy Now

24/7 Wall St. Insights The long stock market rally could be close to running out of steam.

Stock Market Is More Expensive Than 1929: 4 Safe High-Yield Stocks to Buy Now

Sip, Save, Hooray! Wendy's Is Satisfying Fans' Thirst for Refreshing Soft Drinks for Just a Dollar

Fans can enjoy more than 100 soft drink choices for a dollar, any size all day long DUBLIN, Ohio , Oct. 8, 2024 /PRNewswire/ -- WHAT: Wendy's is bringing buck beverages to provide fans with great value – all day, every day across the country. For a limited time, Wendy's® is making sips even more refreshing with $1 any size soft drinks nationwide with no additional purchase necessary*.

Sip, Save, Hooray! Wendy's Is Satisfying Fans' Thirst for Refreshing Soft Drinks for Just a Dollar

Wendy's: Still Top Of Mind When We Talk About Value In QSRs

QSRs face declining value perceptions and stagnant average check growth, with Wendy's standing out as a value leader due to its consistent value proposition and promotions. Wendy's maintains stable comparable sales and strong breakfast offerings, positioning it as a viable option amid rising competition from casual dining and c-stores. Despite market challenges, Wendy's is recommended as a 'Buy' due to its high payout ratio, international expansion, and strong value perception among guests.

Wendy's: Still Top Of Mind When We Talk About Value In QSRs

Wall Street's Most Accurate Analysts Give Their Take On 3 Consumer Stocks Delivering High-Dividend Yields

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.

Wall Street's Most Accurate Analysts Give Their Take On 3 Consumer Stocks Delivering High-Dividend Yields

Battered Restaurant Stocks Shop for Fresh Ideas From New CEOs

The year has seen more restaurant and fast-food chain CEO turnover than the previous three years combined. The reason: Inflation-wracked customers are eating out less frequently and making new demands.

Battered Restaurant Stocks Shop for Fresh Ideas From New CEOs

Wendy's Frosty Frights Kids' Meal Celebrates Spooky and Sweet Halloween Icons

A Media Snippet accompanying this announcement is available by clicking on this link. ORLANDO, Fla.

Wendy's Frosty Frights Kids' Meal Celebrates Spooky and Sweet Halloween Icons

Zacks Investment Research

WEN Stock Down 15% in a Year: Still Worth it? Buy, Sell or Hold?

Wendy's focus on menu innovation, technology upgrades, and international expansion positions it to capitalize on favorable industry trends.

WEN Stock Down 15% in a Year: Still Worth it? Buy, Sell or Hold?

Wendy's Is Treating Fans to a Sweet Frosty Fix When and Where They Need It Most

For fans facing fast food ice cream machine downtime, Wendy's serves up $1 Frosty treats* through September DUBLIN, Ohio , Sept. 25, 2024 /PRNewswire/ -- WHAT: For nearly 55 years, Wendy's® iconic Frosty® has been the go-to sweet treat fix when fans' cravings strike, while the ice cream machines at the other guys are offline – often for two to three hours at a time.

Wendy's Is Treating Fans to a Sweet Frosty Fix When and Where They Need It Most

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