Wingstop (WING) Stock Forecast, Price & News

20 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Wingstop in the last year. There are currently 2 sell ratings, 10 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" WING shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in WING, but not buy additional shares or sell existing shares.
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20 analysts have issued twelve-month target prices for Wingstop's shares. Their WING share price forecasts range from $70.00 to $240.00. On average, they predict the company's stock price to reach $191.50 in the next twelve months. This suggests that the stock has a possible downside of 3.2%.
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Wingstop's stock was trading at $137.62 at the beginning of 2023. Since then, WING shares have increased by 43.7% and is now trading at $197.77.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, July 27th 2023.
View our WING earnings forecast.

Wingstop Inc. (NASDAQ:WING) released its quarterly earnings data on Wednesday, May, 3rd. The restaurant operator reported $0.59 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.46 by $0.13. The restaurant operator earned $108.70 million during the quarter, compared to analysts' expectations of $99.48 million. Wingstop had a net margin of 15.37% and a negative trailing twelve-month return on equity of 15.81%. The company's revenue for the quarter was up 42.7% on a year-over-year basis. During the same quarter last year, the business earned $0.34 earnings per share.

Wingstop declared a quarterly dividend on Tuesday, May 2nd. Shareholders of record on Friday, May 19th will be given a dividend of $0.19 per share on Friday, June 9th. This represents a $0.76 annualized dividend and a dividend yield of 0.38%. The ex-dividend date of this dividend is Thursday, May 18th.
Read our dividend analysis for WING.

ETFs with the largest weight of Wingstop (NASDAQ:WING) stock in their portfolio include AdvisorShares Restaurant ETF (EATZ), Innovator IBD 50 ETF (FFTY), Invesco DWA Consumer Cyclicals Momentum ETF (PEZ), BlackRock Future Innovators ETF (BFTR), Innovator IBD Breakout Opportunities ETF (BOUT), First Trust Multi-Manager Small Cap Opportunities ETF (MMSC), WisdomTree U.S. Growth & Momentum Fund (WGRO) and Invesco S&P MidCap 400 Pure Growth ETF (RFG).

Wingstop (NASDAQ:WING) pays an annual dividend of $0.76 per share and currently has a dividend yield of 0.38%. The company has been increasing its dividend for 5 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 38.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WING will have a dividend payout ratio of 31.15% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for WING.

132 employees have rated Wingstop Chief Executive Officer Charles Morrison on Glassdoor.com. Charles Morrison has an approval rating of 61% among the company's employees. This puts Charles Morrison in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Wingstop investors own include NVIDIA (NVDA), Netflix (NFLX), Tesla (TSLA), Walt Disney (DIS), Alibaba Group (BABA), PayPal (PYPL), Advanced Micro Devices (AMD), Salesforce (CRM), Block (SQ) and Intel (INTC).

(WING) raised $75 million in an initial public offering (IPO) on Friday, June 12th 2015. The company issued 5,800,000 shares at $12.00-$14.00 per share. Morgan Stanley, Jefferies and Baird acted as the underwriters for the IPO and Goldman Sachs, Barclays and Wells Fargo Securities were co-managers.

Wingstop trades on the NASDAQ under the ticker symbol "WING."

Wingstop's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (11.94%), Wellington Management Group LLP (7.64%), American Century Companies Inc. (3.87%), Federated Hermes Inc. (3.28%), State Street Corp (3.26%) and Clearbridge Investments LLC (2.82%). Insiders that own company stock include Albert G Mcgrath, Alex Kaleida, Charles R Morrison, Charles R Morrison, Christina Clarke, Donnie Upshaw, Krishnan Anand, Mahesh Sadarangani, Marisa Carona, Michael Skipworth, Nicolas Boudet, Stacy Peterson and Wesley S Mcdonald.
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Shares of WING stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of WING stock can currently be purchased for approximately $197.77.

Wingstop (NASDAQ:WING) has a market capitalization of $5.93 billion and generates $357.52 million in revenue each year. The restaurant operator earns $52.95 million in net income (profit) each year or $2.00 on an earnings per share basis.

The company employs 1,031 workers across the globe.

Wingstop's mailing address is 5501 LBJ FREEWAY 5TH FLOOR, DALLAS TX, 75240. The official website for the company is www.wingstop.com. The restaurant operator can be reached via phone at (972) 686-6500 or via email at ir@wingstop.com.