雅虎香港財經 Why Wendy's (WEN) is a Top Growth Stock for the Long-Term
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors.
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
Different than value or momentum investors, growth-oriented investors are concerned with a stock's future prospects, and the overall financial health and strength of a company. Thus, they'll want to focus on the Growth Style Score, which analyzes characteristics like projected and historical earnings, sales, and cash flow to find stocks that will see sustainable growth over time.
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 Mar 31, 2024, Wendy's had 7,248 restaurants comprising both franchisees and company-operated restaurants in the United States and its territories and 32 other countries.
WEN boasts a Growth Style Score of B and VGM Score of A, and holds a Zacks Rank #3 (Hold) rating. Its bottom-line is projected to rise 3.1% year-over-year for 2024, while Wall Street anticipates its top line to improve by 3.2%.
Five analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.01 to $1 per share for 2024. WEN boasts an average earnings surprise of 1.2%.
On a historic basis, Wendy's has generated cash flow growth of 5.4%, and is expected to report cash flow expansion of 10.1% this year.
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
