WEN Stock Summary and Trading Ideas (Wendy's Company | NASDAQ:WEN)

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.

Wendy's Company trades on the NASDAQ stock market under the symbol WEN.

As of November 13, 2024, WEN stock price climbed to $18.42 with 3,151,129 million shares trading.

WEN has a beta of -0.03, meaning it tends to be less sensitive to market movements. WEN has a correlation of 0.00 to the broad based SPY ETF.

WEN has a market cap of $3.75 billion. This is considered a Mid Cap stock.

Last quarter Wendy's Company reported $567 million in Revenue and $.25 earnings per share. This beat revenue expectation by $6 million and met earnings estimates .

In the last 3 years, WEN traded as high as $24.48 and as low as $15.62.

The top ETF exchange traded funds that WEN belongs to (by Net Assets): IJH, VTI, SCHD, VB, DVY.

WEN has underperformed the market in the last year with a price return of +2.7% while the SPY ETF gained +37.1%. WEN has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +11.6% and -9.2%, respectively, while the SPY returned +12.3% and +2.7%, respectively.

WEN support price is $17.99 and resistance is $18.77 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that WEN shares will trade within this expected range on the day.