A&W REVENUE IF (TSE:AW) Stock: Insider Andrew Mindell Buys 13,100 Shares

A&W REVENUE IF (TSE:AW) Director Andrew Mindell acquired 13,100 shares of the stock in a transaction on Thursday, October 29th. The stock was bought at an average price of C$35.97 per share, for a total transaction of C$471,207.00. Following the transaction, the director owned 19,160 shares in the company, valued at approximately C$689,185.20. This represents a 216.17% increase in their position.

A&W REVENUE IF Stock Up 0.6%

Shares of TSE:AW traded up C$0.22 during trading on Friday, hitting C$36.62. 9,960 shares of the stock traded hands, compared to its average volume of 9,298. The company has a market cap of C$877.74 million and a price-to-earnings ratio of 15.58. The company has a fifty day moving average price of C$35.94 and a two-hundred day moving average price of C$36.41. A&W REVENUE IF has a 52-week low of C$34.77 and a 52-week high of C$38.67.

A&W REVENUE IF (TSE:AW) last posted its earnings results on Friday, October 16th. The company reported C$0.80 earnings per share (EPS) for the quarter. The firm had revenue of C$79.25 million during the quarter.

Wall Street Analyst Weigh In

AW has been the subject of a number of analyst reports. TD Securities upgraded shares of A&W REVENUE IF to a “strong-buy” rating in a research report on Tuesday, October 27th. TD set a C$41.00 target price on shares of A&W REVENUE IF and gave the stock a “buy” rating in a research note on Monday, October 26th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of C$40.50.

A&W REVENUE IF Company Profile

A&W is a publicly traded company and is the second largest quick-service hamburger restaurant chain in Canada. Operating coast-to-coast, A&W restaurants feature famous trade-marked menu items such as The Burger Family ®, Chubby Chicken ® and A&W Root Beer ®. A&W’s shares are listed for trading on the Toronto Stock Exchange in Canada under the trading symbol “AW”.