The shares of The Wendy’s Company (NASDAQ:WEN) has been pegged with a rating of Outperform by Oppenheimer in its latest research note that was published on January 9th, 2019. The research company has also assigned a $20 price target. Oppenheimer wasn’t the only research firm that published a report of The Wendy’s Company, with other equities research analysts also giving their opinion on the stock. Stifel advised investors in its research note published on January 7th, 2019, to Hold the WEN stock. The stock had earned Buy rating from Gordon Haskett when it published its report on October 19th, 2018. The stock was given Sector Weight rating by KeyBanc Capital Mkts in its report released on October 4th, 2018. Telsey Advisory Group was of a view that WEN is Outperform in its latest report on September 28th, 2018 while giving it a price target of $21. BTIG Research thinks that WEN is worth Buy rating. This was contained in the firm’s report on September 25th, 2018 in which the stock’s price target was also moved to $20.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 10 believe it has the potential for further growth, thus rating it as Hold while 7 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $19.15. The price of the stock the last time has raised by 12.30% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 45.68.
The shares of the company added by 0.66% during the trading session on Thursday, reaching a low of $16.61 while ending the day at $16.80. During the trading session, a total of 3.98 million shares were traded which represents a -4.34% decline from the average session volume which is 3.81M shares. WEN had ended its last session trading at 16.69. The Wendy’s Company currently has a market cap of $3.75B, while its P/E ratio stands at 8.90, while its P/E earnings growth sits at 2.36, with a beta of 0.78. The Wendy’s Company debt-to-equity ratio currently stands at 4.29, while its quick ratio hovers at 2.30. WEN 52-week low price stands at $14.96 while its 52-week high price is $18.68.
The company in its last quarterly report recorded $0.16 earnings per share which is above the $0.15 predicted by most analysts. The The Wendy’s Company generated $397.82 million in revenue during the last quarter, which is slightly lower than the $399.97 million predicted by analysts. In the second quarter last year, the firm recorded $0.17 earnings per share. Compared to the same quarter last year, the firm’s revenue was down by -6.25%. The Wendy’s Company has the potential to record 1.89 EPS for the current fiscal year, according to equities analysts.
Investment analysts at Ladenburg Thalmann published a research note on January 16th, 2019 where it informed investors and clients that VICI Properties Inc. (NYSE:VICI) is now rated as Buy. Their price target on the stock stands at $24. Stifel also rated VICI as Downgrade on January 7th, 2019, with its price target of $44 suggesting that VICI could surge by 12.29% from its current share price. Even though the stock has been trading at $21.48/share, analysts expect it to surge higher by -0.28% to reach $24.42/share. It started the day trading at $21.55 and traded between $21.37 and $21.42 throughout the trading session.
A look at its technical shows that VICI’s 50-day SMA is 21.01 while its 200-day SMA stands at 20.87. The stock has a high of $22.37 for the year while the low is $17.58. The company’s P/E ratio currently sits at 15.05, while the P/B ratio is 1.21. At the moment, only of VICI Properties Inc. shares were sold short. The company’s average trading volume currently stands at 3.54M shares, which means that the short-interest ratio is just 3.95 days. Over the past seven days, the company moved, with its shift of 2.29%. Looking further, the stock has raised 2.29% over the past 90 days while it gained 2.15% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. The Vanguard Group Inc bought more VICI shares, increasing its portfolio by +12.15% during the last quarter. This move now sees The Vanguard Group Inc purchasing 4,552,011 shares in the last quarter, thus it now holds 42,031,852 shares of VICI, with a total valuation of $895,698,766. Canyon Capital Advisors LLC meanwhile sold more VICI shares in the recently filed quarter, changing its stake to $688,099,538 worth of shares. Cohen Steers Capital Management followed the path by increasing its VICI portfolio by +21.02% in the quarter. This means that Cohen Steers Capital Management bought 5,226,691 shares in the last quarter and now controls 30,091,026 shares of the VICI stock, with the valuation hitting $641,239,764.
Similarly, BlackRock Fund Advisors increased its VICI Properties Inc. shares by +55.60% during the recently filed quarter. After buying 7,711,577 shares in the last quarter, the firm now controls 21,580,523 shares of VICI Properties Inc. which are valued at $459,880,945. In the same vein, Soros Fund Management LLC decreased its VICI Properties Inc. shares by during the most recent reported quarter. The firm sold -600,000 shares during the quarter which decreased its stakes to 20,898,926 shares and is now valued at $445,356,113. Following these latest developments, around 0.20% of VICI Properties Inc. stocks are owned by institutional investors and hedge funds.