pe looks two times too high for a company thats growing at a decent pace, which Wendy's doesn't seem to be
15.8 short term
just a guess
does what it does, do you homework
PE 2 times too high, might suggest its worth around $8
Not sure how to calculate what PE it commands. looks like the dividends is pretty low as well, but still not terrible
12 might make sense, if I figure it out, I'll let you know.
16 does not make sense
don't buy stocks based on liking hamburgers
I am now up 70% on my WEN stock.....Unbelievable... I bought it cause I love their burgers....
If we are to go off the RSI then you could argue that a pull back next day or so could occur on WEN before rallying up. Ive been struggling with this stock lately. Some of my other trades have been from awesome-STOCKS which are working out pretty well.
Who is sticking around for $20 this year
Peltz/May told us all several years ago that this was a long term play and that we needed to stay on the train. Patience is being rewarded by a company and ownership that is committed to a real strategy of menu innovation, facility enhancement and a balanced approach to G & A and Capital Expenditures. They key going forward in my mind is to provide high quality service and support to the franchisees to help them maximize their potential success at each location. Further, they must continue to enforce the high food quality/taste standards at both the restaurant and supplier levels.
As long as the volume remains skimpy, the rise is far from over. Pat on the back to the WEN investors.
Great To See A New High Again Today!!!!!!!!!!!!!!
Went to the Wendy's in Williamsburg today to celebrate the 20th anniversary of my photograph workshop. The fries were good.
The Wendy's here in Lewes Del. was very busy for lunch today..
Looks like WEN is moving with the market on this down turn. Should I stay or should I go?
Tonight my whole family will be going to Wendys for diner to celebrate. $20 in 2017 very possible
Well done Wendys. This is a company that continues changing, innovating and improving.
Good news tomorrow!
Pre market showing $15.62!!! Sooo many people thought I was buying a looser @ $4.11........who's the fool now! HAHAHAHAHA
I hope we can get an upgrade soon to move that 1yr. target above its current number. $21.00 would be nice.
I just came back from California. The In-N-Out burger had a line around the parking lot at 3:00pm. The nearby Wendy's was empty. If In-N-Out ever comes to Maryland my local Wendy's will be in serious trouble.
Can fast food restaurants outsmart consumers?
On my recent trips to Wendy's and McDonald's, I saw a lot of old people spend $2 for their meals. They all ordered a 99 cent or one dollar sandwich and 99 cent value fries. Also ask for free cup of water although I saw a few of them filled it with soda in the fountain machine. Wendy's and McDonald's really did not make money on these senior citizens. They really need to think about the value menu thing.
Basic review of the trading pattern and volume since 2016 shows that on big volume days like today da stock goes up a few points every few months.. I expect a bigger move this time due to the earnings revision after it is entered into the analysts models. The First Kitchen is a sleeping monster and was finally brought up by one of the boys with pencils on the CC .Loved the played down response by management smart . Asian market is huge along with the international growth that's coming. The market is still way behind understanding how the Asian and European market love American fast food. This is a buy at these levels still and you will double your money if you are patient.
X axis : Stocks Price Correlation Coefficient Y axis : Quantity of stocks Sep-2016 1,000 Day Parameter 2,830 NASDAQ Stocks Price Analysis This stock mode of correlation coefficient is 0.8 In other words, the correlation coefficient of the other stock
Amazing volume watched the whales feeding all day. $20 VERY POSSIBLE IN 2017