Truist Financial 将温迪（纳斯达克股票代码：WEN）的目标股价提高至28.00美元|纳斯达克_新浪财经

Wendy's (NASDAQ:WEN – Get Rating) had its price target boosted by equities research analysts at Truist Financial from $27.00 to $28.00 in a note issued to investors on Tuesday, Benzinga reports. The firm presently has a "buy" rating on the restaurant operator's stock. Truist Financial's target price points to a potential upside of 35.33% from the company's previous close.

A number of other brokerages have also recently commented on WEN. Guggenheim set a $24.00 price target on shares of Wendy's in a research note on Thursday, November 17th. Deutsche Bank Aktiengesellschaft cut shares of Wendy's from a "buy" rating to a "hold" rating and set a $23.00 price target on the stock. in a research note on Tuesday, January 17th. Oppenheimer cut shares of Wendy's from an "outperform" rating to a "market perform" rating in a research note on Thursday, January 5th. They noted that the move was a valuation call. Tigress Financial reiterated a "buy" rating and issued a $29.00 target price on shares of Wendy's in a research note on Friday, January 27th. Finally, StockNews.com cut shares of Wendy's from a "buy" rating to a "hold" rating in a research note on Thursday, February 16th. Twelve investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company's stock. Based on data from MarketBeat, Wendy's presently has an average rating of "Hold" and an average target price of $24.97.

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Wendy's Trading Up 0.0 %

NASDAQ:WEN opened at $20.69 on Tuesday. The company has a debt-to-equity ratio of 7.29, a current ratio of 2.73 and a quick ratio of 2.71. The firm has a 50-day moving average of $22.24 and a 200-day moving average of $21.37. The company has a market cap of $4.40 billion, a PE ratio of 25.04, a PEG ratio of 2.22 and a beta of 0.90. Wendy's has a one year low of $15.77 and a one year high of $23.78.

Wendy's (NASDAQ:WEN – Get Rating) last posted its earnings results on Wednesday, March 1st. The restaurant operator reported $0.22 EPS for the quarter, topping the consensus estimate of $0.20 by $0.02. Wendy's had a net margin of 8.46% and a return on equity of 41.86%. The company had revenue of $536.50 million during the quarter, compared to the consensus estimate of $534.06 million. During the same period in the previous year, the firm posted $0.16 earnings per share. The firm's revenue for the quarter was up 13.4% on a year-over-year basis. As a group, equities research analysts expect that Wendy's will post 0.98 EPS for the current fiscal year.

Insider Buying and Selling at Wendy's

In other Wendy's news, Director Matthew H. Peltz sold 3,627,569 shares of the firm's stock in a transaction dated Friday, March 3rd. The shares were sold at an average price of $22.05, for a total transaction of $79,987,896.45. Following the completion of the sale, the director now directly owns 21,705,770 shares in the company, valued at approximately $478,612,228.50. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In other news, Director Matthew H. Peltz sold 3,627,569 shares of Wendy's stock in a transaction that occurred on Friday, March 3rd. The shares were sold at an average price of $22.05, for a total value of $79,987,896.45. Following the completion of the sale, the director now directly owns 21,705,770 shares in the company, valued at $478,612,228.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Liliana Esposito sold 64,701 shares of Wendy's stock in a transaction that occurred on Thursday, March 9th. The stock was sold at an average price of $21.26, for a total transaction of $1,375,543.26. Following the completion of the sale, the insider now owns 74,865 shares of the company's stock, valued at $1,591,629.90. The disclosure for this sale can be found here. In the last ninety days, insiders sold 3,698,437 shares of company stock worth $81,502,197. 21.30% of the stock is owned by corporate insiders.

Institutional Trading of Wendy's

Several large investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. lifted its holdings in Wendy's by 2.4% during the first quarter. Vanguard Group Inc. now owns 17,948,651 shares of the restaurant operator's stock valued at $394,332,000 after purchasing an additional 425,575 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its position in shares of Wendy's by 2.0% during the second quarter. Massachusetts Financial Services Co. MA now owns 11,495,938 shares of the restaurant operator's stock valued at $217,044,000 after buying an additional 226,667 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its position in shares of Wendy's by 85.7% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 5,131,185 shares of the restaurant operator's stock valued at $116,119,000 after buying an additional 2,367,870 shares during the last quarter. State Street Corp lifted its position in shares of Wendy's by 6.0% during the first quarter. State Street Corp now owns 4,957,246 shares of the restaurant operator's stock valued at $108,911,000 after buying an additional 282,580 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its position in shares of Wendy's by 2.6% in the 4th quarter. Dimensional Fund Advisors LP now owns 4,023,519 shares of the restaurant operator's stock valued at $91,053,000 after purchasing an additional 101,157 shares during the last quarter. 70.59% of the stock is currently owned by institutional investors.

Wendy's Company Profile

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The Wendy's Co engages in operating, developing, and franchising a system of quick-service restaurants. It offers hamburgers and related products, such as chicken breast sandwiches, nuggets, chili, and baked potatoes, French fries, freshly prepared salads, soft drinks, milk, coffee, frosty deserts, and kid's meals.