WEN stock icon

Wendy's
WEN
Market cap $3.62B

17.63 USD
+0.34
1.97%
At close Oct 4, 4:00 PM EDT
After hours
17.74
+0.11
0.62%
1 day
1.97%
5 days
-0.73%
1 month
3.77%
3 months
11.37%
6 months
-5.06%
Year to date
-8.89%
1 year
-7.26%
5 years
-12.33%
 

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

0
Funds holding %
of 6,728 funds
0
Analysts bullish %
of 20 analysts

Fund manager confidence

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

63% more first-time investments, than exits

New positions opened: 75 | Existing positions closed: 46

8% more funds holding

Funds holding: 358 [Q1] → 387 (+29) [Q2]

8% more repeat investments, than reductions

Existing positions increased: 128 | Existing positions reduced: 119

0.18% more ownership

Funds ownership: 85.53% [Q1] → 85.7% (+0.18%) [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 (-$330M) [Q2]

20% less call options, than puts

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

Research analyst outlook

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

Low target
$17
4%
downside
Avg. target
$19.85
13%
upside
High target
$29
64%
upside

20 analyst ratings

positive
20%
16 neutral
80%
negative
0%
JP Morgan
John Ivankoe
67% 1-year accuracy
22 / 33 met price target
25%upside
$22
Neutral
Maintained
16 Sept 2024
TD Cowen
Andrew Charles
66% 1-year accuracy
77 / 117 met price target
4%downside
$17
Hold
Reiterated
9 Sept 2024
Stephens & Co.
Jim Salera
73% 1-year accuracy
22 / 30 met price target
8%upside
$19
Equal-Weight
Reiterated
9 Sept 2024
Tigress Financial
Ivan Feinseth
74% 1-year accuracy
54 / 73 met price target
64%upside
$29
Buy
Maintained
4 Sept 2024
Wedbush
Nick Setyan
71% 1-year accuracy
65 / 92 met price target
2%upside
$18
Neutral
Maintained
5 Aug 2024

Financial journalist opinion

Based on 9 articles about WEN published over the past 30 days

Charts implemented using Lightweight Charts™