Yahoo Finance Why Wendy's (WEN) is a Top Growth Stock for the Long-Term
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals.
Achieving those goals is made easier with the Zacks Style Scores, a unique set of guidelines that rates stocks based on popular investing methodologies, namely value, growth, and momentum. The Style Scores can help you narrow down which stocks are better for your portfolio and which ones can beat the market over the long-term.
Why This 1 Growth Stock Should Be On Your Watchlist
Growth investors build their portfolios around companies that are financially strong and have a bright future, and the Growth Style Score helps take projected and historical earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth.
Wendy's (WEN)
The Wendy's Company, the world’s third-largest quick-service restaurant company, operates through its subsidiary holding company — Wendy’s Restaurants, LLC. The fast-food chain through its subsidiary operates as a franchisor of Wendy's restaurant system. As of Oct 2, Wendy's had 7,080 restaurants comprising both franchisees and company-operated restaurants in the United States and 31 other countries.
WEN sits at a Zacks Rank #3 (Hold), holds a Growth Style Score of B, and has a VGM Score of B. Earnings and sales are forecasted to increase 3.7% and 10.3% year-over-year, respectively.
Five analysts revised their earnings estimate upwards in the last 60 days for fiscal 2022. The Zacks Consensus Estimate has increased $0.01 to $0.85 per share. WEN boasts an average earnings surprise of 3.6%.
Looking at cash flow, Wendy's is expected to report cash flow growth of 18.5% this year; WEN has generated cash flow growth of 6.1% over the past three to five years.
With solid fundamentals, a good Zacks Rank, and top-tier Growth and VGM Style Scores, WEN should be on investors' short lists.
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The Wendy's Company (WEN) : Free Stock Analysis Report
