AllAnalyst Report
logoArgusMarch 22, 2021

The Wendy's Company: Downgrading to HOLD following 4Q results

Symbols
WEN
Sector(s)
Consumer Cyclical
Rating
Current Price
$23.23
Price Target
$NaN
Earnings Estimate
Summary

Wendy's operates quick-service restaurants, with approximately 6,500 franchise and company-owned restaurants in the U.S. and 30 other countries. With a market cap of approximately $4.6 billion, the shares are generally considered mid-cap growth.

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Analyst Profile

John D. Staszak, CFA

Securities Analyst: Consumer Discretionary & Consumer Staples
John's specialty at Argus includes the gaming, lodging and restaurant groups within the Consumer Discretionary sector. John earned an MBA from the University of Texas and a BA in Economics from the University of Pennsylvania. In the financial services industry, he has worked as an analyst and consultant for firms including Standard & Poor's, the Bank of New York, Harris Nesbitt Gerard and Merrill Lynch. John is a CFA charterholder. Forbes magazine named John as the second-best stock picker among restaurant analysts in 2006. He was also ranked the second-best analyst covering the restaurant sector by the Wall Street Journal in 2007, a year in which a Financial Times/StarMine survey also ranked John that same way. In 2008, the Journal again listed John as an award winner, with a third-best designation among hotel industry analysts and a fifth-best designation among restaurant analysts.