Wingstop Inc. (NASDAQ:WING) Receives $259.15 Consensus PT from Analysts

Shares of Wingstop Inc. (NASDAQ:WING) have earned an average recommendation of “Moderate Buy” from the thirty research firms that are covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell rating, five have issued a hold rating, twenty-three have issued a buy rating and one has issued a strong buy rating on the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $255.8148.

WING has been the subject of a number of recent analyst reports. Royal Bank Of Canada reduced their target price on Wingstop from $250.00 to $225.00 and set an “outperform” rating for the company in a report on Tuesday, June 23rd. Citigroup increased their price target on shares of Wingstop from $229.00 to $237.00 and gave the company a “buy” rating in a report on Wednesday, July 8th. Wells Fargo & Company reduced their price objective on shares of Wingstop from $200.00 to $170.00 and set an “overweight” rating for the company in a research note on Thursday, July 16th. Barclays reduced their price objective on shares of Wingstop from $330.00 to $235.00 and set an “overweight” rating for the company in a research note on Thursday, April 30th. Finally, Stephens set a $200.00 target price on shares of Wingstop in a research report on Tuesday.

Institutional Investors Weigh In On Wingstop

Several institutional investors have recently modified their holdings of WING. SBI Securities Co. Ltd. grew its holdings in shares of Wingstop by 76.9% in the 4th quarter. SBI Securities Co. Ltd. now owns 138 shares of the restaurant operator’s stock worth $33,000 after acquiring an additional 60 shares during the period. Rakuten Securities Inc. raised its holdings in Wingstop by 197.9% during the fourth quarter. Rakuten Securities Inc. now owns 143 shares of the restaurant operator’s stock worth $34,000 after purchasing an additional 95 shares during the last quarter. GW&K Investment Management LLC raised its holdings in Wingstop by 75.7% during the fourth quarter. GW&K Investment Management LLC now owns 188 shares of the restaurant operator’s stock worth $45,000 after purchasing an additional 81 shares during the last quarter. Harbor Investment Advisory LLC purchased a new stake in Wingstop during the second quarter worth $46,000. Finally, Geneos Wealth Management Inc. boosted its position in Wingstop by 121.4% during the first quarter. Geneos Wealth Management Inc. now owns 217 shares of the restaurant operator’s stock worth $49,000 after purchasing an additional 119 shares in the last quarter.

Wingstop Price Performance

WING opened at $135.20 on Thursday. The business has a 50 day simple moving average of $151.74 and a 200-day simple moving average of $192.82. The stock has a market capitalization of $3.68 billion, a P/E ratio of 33.63, a P/E/G ratio of 1.61 and a beta of 1.79. Wingstop has a 12 month low of $116.35 and a 12 month high of $381.45.

Wingstop (NASDAQ:WING) last announced its quarterly earnings data on Wednesday, April 29th. The restaurant operator reported $1.18 earnings per share for the quarter, topping analysts’ consensus estimates of $1.02 by $0.16. The firm had revenue of $183.72 million for the quarter, compared to analyst estimates of $187.82 million. Wingstop had a negative return on equity of 16.22% and a net margin of 15.77%.Wingstop’s quarterly revenue was up 7.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.99 earnings per share. Research analysts anticipate that Wingstop will post 4.56 EPS for the current year.

Wingstop Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 5th. Stockholders of record on Friday, May 15th were given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date was Friday, May 15th. Wingstop’s dividend payout ratio (DPR) is presently 29.85%.

Key Headlines Impacting Wingstop

Here are the key news stories impacting Wingstop this week:

• Positive Sentiment: Wingstop launched “Wingstop Wing Week,” expanding National Wing Day into a five-day event with free wings, Club Wingstop rewards, and live music giveaways, which could help boost customer traffic and brand engagement. Wingstop Expands Wing Day into Wing Week, Kicking Off a Broader $1 Million in Fan Experiences and Giveaways
• Positive Sentiment: Multiple reports highlighted Wingstop’s National Wing Day promotion expansion, reinforcing that the company is using limited-time offers and giveaways to drive consumer interest. Wingstop is turning National Wing Day into a full week with free wings and daily prize giveaways
• Neutral Sentiment: Brokerage coverage remained constructive overall, with a consensus “Moderate Buy” rating still in place, suggesting analysts remain generally optimistic about the stock’s outlook. Wingstop Inc. (NASDAQ:WING) Receives Consensus Rating of “Moderate Buy” from Brokerages
• Neutral Sentiment: Mizuho lowered its price target on Wingstop to $240 from $280, but kept an “outperform” rating, indicating confidence remains intact despite a reduced valuation target. The Fly
• Neutral Sentiment: DA Davidson also cut its price target to $200 from $230 while maintaining a “buy” rating, which may reflect near-term caution but not a change in the firm’s positive view. Benzinga
• Neutral Sentiment: Wingstop announced a restaurant opening in Craigavon, supporting its ongoing expansion strategy, though the article did not indicate a material financial impact. US chicken chain Wingstop in Craigavon restaurant opening

Wingstop Company Profile

Wingstop Inc (NASDAQ: WING) is a fast-casual restaurant chain specializing in chicken wings and related menu items. Founded in 1994 in Garland, Texas, the company has built its brand around bold, chef-inspired wing flavors and a streamlined service model that caters to dine-in, takeout, delivery and catering orders.

The company’s core offerings include both bone-in and boneless chicken wings tossed in a variety of proprietary rubs and sauces, such as Original Hot, Lemon Pepper, and Mango Habanero.