Is It Right Time to Be Cautious on The Wendy’s Company (WEN), Tiffany & Co. (TIF)?

    The shares of The Wendy’s Company (NASDAQ:WEN) has been pegged with a rating of Neutral by MKM Partners in its latest research note that was published on August 13th, 2019. MKM Partners 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. Goldman advised investors in its research note published on July 29th, 2019, to Sell the WEN stock while also putting a $17.50 price target. The stock had earned Neutral rating from Credit Suisse when it published its report on June 25th, 2019. That day the Credit Suisse set price target on the stock to $20. The stock was given In-line rating by Evercore ISI in its report released on June 12th, 2019. Piper Jaffray was of a view that WEN is Overweight in its latest report on May 13th, 2019 while giving it a price target of $22. Mizuho thinks that WEN is worth Neutral rating. This was contained in the firm’s report on March 20th, 2019 in which the stock’s price target was also moved to $18.

    The consensus currently stands at a Hold while its average price target is $21.04. The price of the stock the last time has raised by 48.73% 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 74.18.

    The shares of the company added by 1.97% during the trading session on Thursday, reaching a low of $21.98 while ending the day at $22.25. During the trading session, a total of 2.79 million shares were traded which represents a -6.74% decline from the average session volume which is 2.61M shares. WEN had ended its last session trading at 21.82. The Wendy’s Company currently has a market cap of $5.16B, while its P/E ratio stands at 11.29, while its P/E earnings growth sits at 3.14, with a beta of 0.65. The Wendy’s Company debt-to-equity ratio currently stands at 4.28, while its quick ratio hovers at 2.00. WEN 52-week low price stands at $14.96 while its 52-week high price is $22.20.

    Investment analysts at Telsey Advisory Group published a research note on August 29th, 2019 where it informed investors and clients that Tiffany & Co. (NYSE:TIF) is now rated as Outperform. Their price target on the stock stands at $110. Goldman also rated TIF as Initiated on July 29th, 2019, with its price target of $16 suggesting that TIF could surge by 19.09% from its current share price. Even though the stock has been trading at $82.49/share, analysts expect it to surge higher by 2.47% to reach $104.48/share. It started the day trading at $85.20 and traded between $83.21 and $84.53 throughout the trading session.

    A look at its technical shows that TIF’s 50-day SMA is 89.51 while its 200-day SMA stands at 93.18. The stock has a high of $130.62 for the year while the low is $73.04. The company’s P/E ratio currently sits at 18.81, while the P/B ratio is 3.22. At the moment, only of Tiffany & Co. shares were sold short. The company’s average trading volume currently stands at 1.85M shares, which means that the short-interest ratio is just 7.66 days. Over the past seven days, the company moved, with its shift of 2.25%. Looking further, the stock has dropped -8.57% over the past 90 days while it lost -10.82% 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 TIF shares, increasing its portfolio by +1.06% during the last quarter. This move now sees The Vanguard Group Inc purchasing 134,899 shares in the last quarter, thus it now holds 12,856,268 shares of TIF, with a total valuation of $1,207,460,691. Lone Pine Capital LLC followed the path by decreasing its TIF portfolio by -3.04% in the quarter. This means that Lone Pine Capital LLC sold -206,000 shares in the last quarter and now controls 6,570,002 shares of the TIF stock, with the valuation hitting $617,054,588.

    Similarly, BlackRock Fund Advisors decreased its Tiffany & Co. shares by -0.30% during the recently filed quarter. After selling -16,171 shares in the last quarter, the firm now controls 5,355,862 shares of Tiffany & Co. which are valued at $503,022,559. In the same vein, Egerton Capital increased its Tiffany & Co. shares by during the most recent reported quarter. The firm bought 1,652,151 shares during the quarter which increased its stakes to 4,752,571 shares and is now valued at $446,361,468. Following these latest developments, around 0.30% of Tiffany & Co. stocks are owned by institutional investors and hedge funds.