Wendy's Q3 earnings met expectations, but institutional investment varies, leading to a mixed market outlook.

Wendy's shares saw mixed institutional investment activity in Q3, with some firms increasing holdings while others reduced their stake. The company met Q3 earnings expectations with $0.25 EPS and a 2.9% YoY revenue increase. Wendy's has a PE ratio of 18.62 and pays a $0.25 quarterly dividend. Analysts have given varied ratings, with an average target price of $20.36 and a consensus "Hold."

3 months ago
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