Insider Trades for The Wendy's Company show that the latest trade was made on 3 Oct 2017 where Wunsch (E. J.), the Officer completed a transaction type "Sell" in which 3548 shares were traded at a price of $15.43. Arizona State Retirement System now owns 80,700 shares of the restaurant operator's stock valued at $1,252,000 after acquiring an additional 600 shares during the last quarter. The company maintains price to book ratio of 0.00 vs.an industry average at 0.56. 2,649,938 shares of the company were exchanged.
Analysts are also projecting an Average Revenue Estimate for The Wendy's Company as $312170 in the Current Quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 7,495 shares of the restaurant operator's stock worth $116,000 after purchasing an additional 692 shares during the period. The firm has a market capitalization of $3.75 billion, a PE ratio of 39.961 and a beta of 0.99. Trian Fund Management L.P. owns 39.04 million shares or 4.56% of their USA portfolio. Sigma Planning Corp increased its position in shares of Wendy's Company (The) by 0.5% during the second quarter. Sigma Planning Corp now owns 11,222 shares of the restaurant operator's stock worth $174,000 after purchasing an additional 51 shares during the period.
Shares of Wendys (NASDAQ:WEN) traded down 1.51% on Friday, reaching $16.32. Finally, BidaskClub lowered Wendy's Company (The) from a "buy" rating to a "hold" rating in a research report on Monday, August 14th.
Institutional Investors Lead Shift in Cracker Barrel Old Country Store Inc (NASDAQ:CBRL) Sentiment
The restaurant operator reported $2.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.18 by $0.05. Previously on 09/07/2017, Maxim Group reported about Cracker Barrel (NDAQ:CBRL) lowered the target price from $170.00 to $155.00.
The stock decreased 1.34% or $0.21 during the last trading session, reaching $15.41.
WEN has been the topic of a number of recent analyst reports.
Many analysts have provided their estimated foresights on The Wendy's Company Earnings, with 21 analysts believing the company would generate an Average Estimate of $0.12. UBS AG restated a "sell" rating and set a $13.00 target price (up previously from $12.00) on shares of Wendy's Company (The) in a research report on Thursday, August 10th. The rating was upgraded by Argus Research to "Buy" on Friday, November 25. Sanford C. Bernstein reaffirmed a "market perform" rating and set a $16.00 price target on shares of Wendy's Company (The) in a research note on Tuesday, July 25th. The percentage of shares being held by the company management was 6.8% while institutional stake was 78.5%. Of those analysts, 7 rate stock as a Strong Buy, 6 rate it as Hold, and just no analyst rates it as a Moderate Sell. If you are viewing this piece of content on another site, it was illegally stolen and reposted in violation of global trademark and copyright laws. The original version of this news story can be read at https://stocknewstimes.com/2017/10/12/castleark-management-llc-purchases-shares-of-908150-wendys-company-the-wen.html. Analysts anticipate that Wendy's Company will post $0.47 earnings per share for the current year.
Boosts Rating On McKesson Corporation (MCK) To "Outperform"
Over a month, it has seen its stock price volatility to stay at 2.36% while shortening the period to a week, volatility was 1.95%. BidaskClub lowered McKesson Corporation from a "hold" rating to a "sell" rating in a report on Wednesday, August 9th.
The most recent open market insider trade was Automatic Sell of 3,548 shares on a day where the closing price was 15.43. The sale was disclosed in a legal filing with the SEC, which is available at this link. Corporate insiders own 26.50% of the company's stock.
Wendy's Company (The) (NASDAQ:WEN) last issued its quarterly earnings results on Wednesday, November 8th. The restaurant operator reported $0.08 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.09 by ($0.01). Wendys had a return on equity of 16.62% and a net margin of 11.74%.
The business also recently declared a quarterly dividend, which was paid on Friday, September 15th. Stockholders of record on Thursday, June 1st will be given a $0.07 dividend. The ex-dividend date was Wednesday, August 30th.
China Sept imports soar, exports also rise
Analysts had expected China's trade surplus to have narrowed to $39.5 billion in September from August's $41.99 billion. Exports rose 8.1%, below forecasts of 8.8% but handily beating August's 5.5%.