The Wendy's CompanyWEN was a big mover last session, as the company saw its shares rise over 6% on the day. This jump can be attributable to solid volume too with far more shares changing hands than in a normal session. This broke the recent trend of the company, as the stock is now trading above the price range of $8.65 to $9.32 in the past one-month time frame.
In the last 30 days, this company did not witness any estimate revisions and the Zacks Consensus Estimate has remained unchanged over the same period. However, the recent price action is encouraging, so make sure to keep a close watch on this firm in the near future.
The Wendy's Company currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
An attractive stock in the same industry worth considering includes Dave & Buster's Entertainment, Inc. PLAY carrying a Zacks Rank #1 (Strong Buy).