20.82 0.00 (0.00%)
After hours: 5:53PM EDT
|Bid||20.80 x 3100|
|Ask||20.90 x 4000|
|Day's Range||20.44 - 20.92|
|52 Week Range||14.96 - 20.92|
|Beta (3Y Monthly)||0.64|
|PE Ratio (TTM)||10.63|
|Earnings Date||Nov 6, 2019|
|Forward Dividend & Yield||0.40 (2.21%)|
|1y Target Est||21.24|
Could plant-based meat soon be on the menu at Wendy's? The burger giant has had conversations with Beyond Meat and Impossible Foods about going down that road. Yahoo Finance’s The First Trade discusses Brian Sozzi’s interview with Wendy’s CEO Todd Penegor
Wendy's is competing in a growing fast food industry, and the company says it's now planning to explore plant-based food options. Yahoo Finance's Brian Sozzi spoke with Wendy's CEO Todd Penegor to discuss the company's future plans. Brian joins Yahoo Finance's Zack Guzman and Courtney Dominguez, Payne Capital Management Financial Advisor, to discuss the conversation.
U.S. equities are bounding higher on Monday as President Trump softens his stance against China -- delaying the imposition of new import tariffs and lightening the restrictions against Huawei -- while at the same time stepping up his calls for the Federal Reserve to increase its monetary policy support of the economy (and financial markets).The result is that the Dow Jones Industrial Average has bounced off of its 200-day moving average and climbed back over the 26,000 level. The Nasdaq Composite is back over 8,000. And the S&P 500 is closing back in on its 50-day moving average. * 10 Undervalued Stocks With Breakout Potential The takeaway: Another medium-term rally appears to be upon us. To maximize exposure, consider these four cheap stocks for promising turnaround plays:InvestorPlace - Stock Market News, Stock Advice & Trading Tips Sonos (SONO)Smart speaker maker Sonos (NASDAQ:SONO) is enjoying a near 12% rally this morning, breaking out of a post-IPO trading range going back to December. The company recently put a co-branded low-cost speaker into IKEA stores and is reportedly preparing a launch of a portable Bluetooth speaker into its lineup. Shares were upgraded today by Raymond James analysts, who are looking for a $19 price target.The company will next report results on Nov. 6 after the close. Analysts are looking for a loss of 19 cents per share on revenues of $300 million. When the company last reported on Aug. 7, a loss of 13 cents per share beat estimates by 3 cents on a 24.8% rise in revenues. Wendy's (WEN)Shares of fast food icon Wendy's (NASDAQ:WEN) are pushing up and over a three-month consolidation range to push to new highs. The momentum was spurred by a better-than-expected quarterly report featuring a 29% year-over-year rise in earnings thanks to a 1.4% rise in comp-store sales. Traction is being seen for its Biggie Bag promotion as well as its Made to Crave chicken sandwiches. * 7 Vanguard Funds for Conservative Investors The company will next report results on Nov. 6 before the bell. Analysts are looking for earnings of 16 cents per share on revenues of $429.7 million. When the company last reported on Aug. 7, earnings of 18 cents per share beat estimates by a penny on a 5.9% rise in revenues. Genworth Financial (GNW)Shares of Genworth Financial (NYSE:GNW) have broken up and above their 200-day moving average, returning to levels last seen in late February. Watch for a return to the upper end of a five-year trading range with a move to the $5-a-share level, which would be worth a gain of roughly 15% from here. The company is a provider of mortgage insurance products.Management will next report results on Oct. 29 after the close. Analysts are looking for earnings of 24 cents per share on revenues of $2.1 billion. When the company last reported on July 30, earnings of 40 cents per share beat estimates by 13 cents on a 0.1% decline in revenues. Extraction Oil & Gas (XOG)Extraction Oil & Gas (NASDAQ:XOG), an independent energy company focusing on developing assets in the Rocky Mountain region, looks ready to emerge from a year-to-date consolidation range with a move above its 200-day moving average -- a level that was last crossed in the summer of 2018. Coverage was recently started on the company by analyst at KeyBanc Capital Markets, who initiated with a neutral rating. * 10 Mid-Cap Dividend Stocks to Buy Now The company will next report results on Oct. 31 after the close. Analysts are looking for a loss of 6 cents per share on revenues of $237.4 million. When the company last reported on Aug. 1, earnings of 22 cents missed estimates by 7 cents per share on nearly a 15% decline in revenue.As of this writing, William Roth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Cheap Dividend Stocks to Load Up On * The 10 Biggest Losers from Q2 Earnings * 5 Dependable Dividend Stocks to Buy The post 4Â Cheap Stocks Ready to Rise appeared first on InvestorPlace.
Thanks to 2 million Twitter likes and a fiery fortitude two years in the making, Wendy's Spicy Chicken Nuggets have officially returned to menus nationwide. To commemorate the 2 million Twitter likes, on the most liked brand tweet of all time, that brought back the fan favorite, Wendy's is giving away 2 million Spicy Chicken Nuggets through DoorDash from August 12 through August 19. All you have to do is head to the DoorDash mobile app, add the 6-piece Spicy Chicken Nugget order to your cart and use code SPICYNUGGS at checkout.
Today we'll evaluate The Wendy's Company (NASDAQ:WEN) to determine whether it could have potential as an investment...
Yahoo Finance took to the streets of New York City to see what eaters actually thought of the new Burger King Impossible Whopper.
Wendy's has success with hamburgers and now it plans on feeding off of chicken, CEO Todd Penegor tells Yahoo Finance.
Five fast-food stocks have crushed the broader market this year despite a slowing economy, and could be poised for further gains, including Shake Shack Inc. (SHAK), The Wendy's Co. (WEN), Yum! Brands Inc. (YUM), Chipotle Mexican Grill Inc. (CMG) and McDonald's Corp. (MCD). Stocks of fast food chains are often thought of as defensive because they continue to draw cost-conscious customers in times of economic trouble. “The earning growth rates could slow, but [these chains] could do better than full food service,” said Eric Gonzalez, a senior restaurant analyst with KeyBanc Capital Markets.
Higher sales from company-operated restaurants and franchise royalties, along with growth in adjusted EBITDA help Wendy's (WEN) to post better-than-expected second-quarter 2019 earnings.
Wendy’s Co. is on track for its 2019 goals including making delivery and mobile ordering easier and more accessible.
The results come weeks after other established restaurant chains such as McDonald's Corp , Chipotle Mexican Grill and Starbucks Corp reported solid growth, driven by new menu additions and expanded delivery services. Wendy's has also revamped its menus, launching the "$5 Biggie Bag combo", expanding its "Made to Crave" menu and adding a parmesan caesar chicken salad to its offering. "We are pleased with Wendy's performance given McDonald's best U.S. comparable performance since 4Q15," Cowen analyst Andrew Charles said.
Wendy’s stock is climbing on Wednesday morning, following the fast-food giant’s upbeat second-quarter-earnings report, which showed that profits and comparable-restaurant sales were stronger than the Street expected.
Wendy's (WEN) delivered earnings and revenue surprises of 5.88% and -1.28%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
Wendy's (NASDAQ: WEN ) reported second-quarterly earnings of 18 cents per share, which beat the analyst consensus estimate of 17 cents by 5.88%. This is a 28.57% increase over earnings of 14 cents per ...
Wendy's Co. reported second-quarter net income of $32.4 million, or 14 cents per share, up from $29.9 million, or 12 cents per share, for the same period last year. Adjusted EPS of 18 cents beat the FactSet outlook for 17 cents per share. Revenue of $435.3 million was up from $411.0 million but missed the $440.0 million FactSet guidance. North America same-store sales growth of 1.4% was ahead of FactSet's forecast for 1.3% growth. Wendy's expects 2019 systemwide sales growth of 3% to 4%. FactSet is forecasting for sales of $1.7 billion, implying about 7% growth. Adjusted EPS is expected to grow 3.5% to 7% while FactSet is guiding for EPS of 63 cents, up about 6.8%. Wendy's stock has rallied 16% for the year to date, outpacing the S&P 500 index , which is up 15% for the period.
DUBLIN, Ohio , Aug. 7, 2019 /PRNewswire/ -- The Wendy's Company (Nasdaq: WEN) today reported unaudited results for the second quarter ended June 30, 2019 . "We delivered another quarter of strong ...
Iconic burger chain Wendy's served up better-than-expected second-quarter earnings but came up shy on the top line. Same-store sales in North America rose 1.4%, above forecasts of 1.3%. Profit margins at company-operated restaurants also got squeezed to 16.5% in the three-month period, down from 17.4% in 2018.
Wendy's (WEN) initiatives like menu innovation, technological upgrades, international expansion and re-imaging of units are likely to aid top-line results in the second quarter of 2019.