Looking at top Wall Street opinions, The Wendy’s Company (NASDAQ: WEN) has recently made its way into the research list of Mizuho – signaling that their analyst’s rating adjustment is noteworthy. This stock was downgraded to a rating of Neutral in the eyes of Mizuho, whereas its previous rating was Buy in the eyes of Mizuho, as reported on Wednesday, March 20th, 2019. Another heavy-hitting research note was published by Oppenheimer on Wednesday January 9th, 2019, with this firm upgrading WEN to an updated rating of Outperform from its previous rating of Perform. In the past six months and three months of trading, shares of The Wendy’s Company (WEN) have moved by 8.41% and 13.76%, respectively.
Brokerage Updates Related to The Wendy’s Company (WEN) Stock
This publicly-traded organization generated gains of 1.36% over the last 5 sessions. Right now, this stock is the subject of 23 analysts’ evaluations, who – on average – have given this company’s shares a Buy rating. Not a Single analyst have given underperform rating or sell rating, and 6 have given a rating of Buy or better. Based on the 23 stock market experts following this company, the average 12-month price target is $19.16. Moreover, individual price targets range between $16.00-$21.00. With its recent move to $19.00, we can see that these firms project this stock will gain by 7.48% in one year.
Updates from The Wendy’s Company (WEN) SEC Form 4
This particular company’s shares have garnered a lot of attention in recent days, as insiders are unloading their holdings while having generated a 7.10% rise since the beginning of the calendar year. A CGDO & International at The Wendy’s Company (WEN) sold off some of its shares in a transaction that was finalized on Mar 06. Similarly, Peltz Matthew H. sold 3,000,000 shares of the organization’s stock at $17.11 apiece and racked up $51,330,000 in earnings from the sale. Now, Peltz Matthew H. holds 28,630,629 shares of the company following the exchange. A 10% Owner of the organization named GARDEN EDWARD P, was engaged in a transaction that occurred on Mar 06 that managed to be worth $51,330,000 from the sale of 3,000,000 common shares at a price of $17.11 per individual share.
The Wendy’s Company (NASDAQ:WEN) Results in the Pipeline
The next scheduled release of financial results for The Wendy’s Company will be for the Dec-18 quarter. As it stands right now, market analysts are anticipating the per-share earnings for the three-month period will be $0.15. In the same vein, they expect sales for the quarter to amount to $399.97 million.
Now let’s turn to earnings surprise history: in the most recent quarter, the company reported about $397.82 million in revenue alongside EPS at $0.16. On average, the analyst projection was calling for $400.55 million with $0.17 per share in earnings, respectively. In the preceding quarter, this company’s revenue reached $411.00 million, with earnings per share ending up at $0.14.
CBS Corporation (NYSE:CBS) experienced a drop of -2.44% from the closing price in the previous trading day. That drove the price to $51.11 per share, as observed on December 31st, 1969, at a time when the total trading volume reached 2,120,657 shares of stock – compared to the typical average of 2.90M shares per day (as recorded over the past three months). The consensus estimate for these shares has been shifted to $61.59.
Pricing Indications for CBS Corporation (CBS)
This organization has had a price-to-earnings ratio of 10.22 in the last year. Meanwhile, it gained 49.43 from its observable 50-day simple moving average. Right at this moment, the per-share value is -2.20% lower than the mean per-share price over the last 200 days in the market.
CBS Corporation (NYSE:CBS) In-Depth Brokerage Insights
We can see that a number of brokerage firms are putting their focus onto this stock. Out of this group, 0 have a sell rating, 7 have a Buy rating, 9 have an outperform rating, while 13 provided a Hold rating for these shares – thanks to data from Thomson Reuters I/B/E/S. Additionally, 0 have recommended that these shares are an Underperforming investment. The current consensus recommendation is at 2.30, based on information from Thomson Reuters.
CBS Stock Value Potential
In trading activity as of late, this stock’s value was 52.24 up from its 200 day moving average, while also 3.48% up when compared against its 50-day simple moving average. Over the course of the past year of trading, the share price stuck in the range of $49.20-$95.00. The market value for the entire organization reached 19.20B. In the last trading session, the price ended the day at $52.39. The institutional holdings related to this organization account for 0.30%, and the Beta factor is now 1.28. This company’s RSI (Relative Strength Index) managed to hit 56.11.
CBS Corporation (NYSE:CBS) Analyst Points of Focus
CBS Corporation (CBS) has found itself inside of Imperial Capital’s research list, so their analyst rating adjustment is worth taking note of. This stock was Reiterated to Outperform, by Imperial Capital, as garnered from a news report on Tuesday February 19th, 2019. An additional helpful research note was sent out by Atlantic Equities’s on Monday February 11th, 2019. The brokerage decided to downgrade CBS to Neutral from its previous rating of Overweight.