Wendy's Stock Sees Post-Earnings Pressure

Wendy's stock could see improvement after breakfast menu launch

Deputy Editor
Feb 26, 2020 at 10:30 AM
facebook X logo linkedin

Shares of Wendy’s Co (NASDAQ:WEN) are down 2.3% this morning, last seen at $22.42. The fast-food chain forecast a weaker-than-expected full-year outlook, but revealed fourth-quarter earnings that were in-line with estimates. Meanwhile, Wendy’s also reported bigger-than-expected capital costs on for the year, as they roll out a new breakfast menu in the hopes to battle competitors McDonald’s (MCD) and Dunkin’ Brands (DNKN).

The stock sports a healthy 32% year-over-year lead, much of which is thanks to long-term support at the 100-day moving average. In fact, the equity just yesterday touched a record high of $24.03. Analysts have yet to chime in, but heading into today were divided on their outlook for WEN, as eight recommend a “buy,” and 11 a tepid “hold.”

In the options pits, data at the International Securities Exchange (ISE), Cboe Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX) shows WEN with a 50-day call/put ratio of 11.76. This ratio is in the 99th percentile of its annual range, meaning calls have been preferred over puts during the past 10 weeks.


Target Effortless Triple-Digit Gains Every Sunday Evening For Life!

This is your chance to triple your profit potential on Sunday evenings, without spending all your free time watching the market.

On Sundays, as a Weekend Plus subscriber, you’ll get up to 6 trades every Sunday, each targeting gains of 200% or more.

Start targeting gains like the ones our subscribers have seen recently, including:

213.3% GAIN on AutoNation calls
100.0% GAIN on Monster Beverage calls
100.4% GAIN on Walgreens Boots Alliance puts
100.4% GAIN on ON Semiconductor calls
257.7% GAIN on Dell calls

101.0% GAIN on Apollo Global Management calls
103.6% GAIN on JP Morgan  Chase calls
105.3% GAIN on DraftKings calls
101.3% GAIN on Airbnb calls
203.0% GAIN on Shopify calls
102.0% GAIN on Cboe Global Markets calls
100.9% GAIN on Boeing calls
102.1% GAIN on Microsoft puts
102.3% GAIN on First Solar calls
101.5% GAIN on PulteGroup calls
101.0% GAIN on Apple calls
209.4% GAIN on NXP Semiconductors calls
100.8% GAIN on Uber Technologies calls
100.4% GAIN on Academy Sports and Outdoors puts
102.2% GAIN on Trade Desk calls
100.8% GAIN on DoorDash calls
100.0% GAIN on Camping World Holdings puts
100.0% GAIN on Cboe Global Markets calls
100.2% GAIN on C3.ai calls
238.5% GAIN on Oracle calls



Rainmaker Ads CGI