Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $11.53 on Wendy's Company (The) (NASDAQ:WEN) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $0.40 for the next fiscal and $N/A for underway quarter.
Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of Wendy's Company (The) (NASDAQ:WEN) stands at 19.36.
Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For Wendy’s Company (The), the PEG ratio for coming 3-5 years is 1.51.
The technical analysis highlights that Wendy’s Company (The) current is trading $0.20 points away or +1.98% from its 50-day moving average of $9.85. Further it is trading $-0.09 or -0.85% away its 200-day moving average of $10.14.
The 52-week high of Wendy's Company (The) (NASDAQ:WEN) was $11.38 while lowest point recorded in 52-week was $8.43. It implies if stock price makes a movement of over $-1.33, it will record a new 52-week high. In the case of +19.22% drop, it will touch a new 52-week low.
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