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The Wendy's Company Message Board

  • fastmoneyla Apr 11, 2012 1:56 PM Flag

    Expected to boost its earnings!

    Wendy's is expected to boost its earnings per share to 18 cents in 2012 and 24 cents in 2013, which is great considering that the company's EPS has hovered around 14 cents for the last three years and the company has negative retained earnings. Currently trading at $5.00 per share, Wendy's will easily justify its value if it can achieve $3 billion in revenue with a fast casual business model. If the fast casual tranfromation is successful, WEN will be a $20 stock in 3 years. If not, expect Wendy's shares to hover around $5. There is a lot of upside potential and almost no downside.
    The fast food industry as a whole is a great market hedge since the stocks are generally "recession-proof" and both WEN and MCD are strong buys right now

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