Technical Roundup on 2 Stocks: Target Corp. (TGT), The Wendy's Company (WEN)

Cornelia Mascio
Mag 2, 2018

On Monday, March 19 the stock rating was initiated by Oppenheimer with "Hold". Stifel Nicolaus has "Buy" rating and $20 target. BidaskClub downgraded Wendys from a hold rating to a sell rating in a research note on Thursday, November 9th. North Star Investment Mgmt holds 138,320 shs. The company has a consensus rating of "Hold" and a consensus target price of $17.48. Two analysts have rated the stock with a sell rating, eleven have given a hold rating and eleven have assigned a buy rating to the stock. Wendys now has a consensus rating of Hold and a consensus price target of $17.48.

NASDAQ WEN traded up $0.13 during trading hours on Wednesday, hitting $17.55. A total of 4.81 Million shares exchanged at hands and its Average Volume is 5.67 Million. According to these analysts, the Low Revenue Estimate for The Wendy's Company is 373 Million and the High Revenue Estimate is 384.1 Million. The firm has a market capitalization of $4,137.08, a PE ratio of 40.14, a price-to-earnings-growth ratio of 1.62 and a beta of 0.75. The company has a current ratio of 1.78, a quick ratio of 1.77 and a debt-to-equity ratio of 4.75. Peltz Matthew H. sold $82.50M worth of The Wendy's Company (NASDAQ:WEN) on Monday, February 26. Last quarter $0.11 earnings per share was reported.

The Company now has ROA (Return on Assets) of -57.5 percent, Return on Equity (ROE) of -63.7 Percent and Return on Investment (ROI) of -59.8% with Gross margin of 84.3 percent.

The Wendy's Company registered $421.68 million net activity with 1 insider buy and 6 selling transactions since February 26, 2018. During the same quarter previous year, the firm posted $0.08 EPS. The company's quarterly revenue was down.2% compared to the same quarter last year. sell-side analysts forecast that Wendys will post 0.55 EPS for the current fiscal year. GARDEN EDWARD P sold 5.00 million shs worth $82.50M. This buyback authorization authorizes the restaurant operator to repurchase shares of its stock through open market purchases. The stock of The Wendy's Company (NASDAQ:WEN) earned "Buy" rating by Nomura on Monday, January 4. Stockholders of record on Thursday, March 1st were given a dividend of $0.085 per share. The ex-dividend date was Wednesday, February 28th. This represents a $0.34 annualized dividend and a dividend yield of 1.94%. Wendys's dividend payout ratio (DPR) is presently 79.07%.

In other Wendys news, CFO Gunther Plosch bought 5,000 shares of the business's stock in a transaction on Wednesday, March 7th. The shares were purchased at an average cost of $16.62 per share, with a total value of $83,100.00. Following the completion of the acquisition, the chief financial officer now owns 25,000 shares of the company's stock, valued at approximately $415,500. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

In other Wendy's news, major shareholder Trian Partners Parallel Fund I sold 5,000,000 shares of the stock in a transaction on Monday, February 26th. Throughout the trading on 04/30/2018, the share price floated between $16.73 and $17.24. The company has market cap of $233.26 million.

USA stocks fell Monday, with major indexes dropping in a broad decline as the most recent round of positive corporate earnings failed to excite shareholders. To measure price-variation, we found WEN's volatility during a week at 2.27% and during a month it has been found around 2.4%. Segall Bryant Hamill holds 0.02% or 62,017 shs in its capital. Accern also gave news stories about the restaurant operator an impact score of 45.9778276172314 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near term. Renaissance Technologies LLC raised its holdings in shares of Wendys by 70.1% during the fourth quarter. Similar statistics are true for the second largest owner, Vanguard Group Inc, which owns 15,060,913 shares of the stock are valued at $256.94 million. Jennison Associates LLC now owns 1,941,802 shares of the restaurant operator's stock valued at $31,884,000 after buying an additional 18,756 shares during the last quarter.

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