Wingstop (WING) Stock Forecast, Price & News

21 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Wingstop in the last twelve months. There are currently 1 sell rating, 9 hold ratings and 11 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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21 brokers have issued 1-year price targets for Wingstop's stock. Their WING share price forecasts range from $150.00 to $240.00. On average, they anticipate the company's stock price to reach $194.70 in the next year. This suggests a possible upside of 15.0% from the stock's current price.
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Wingstop's stock was trading at $137.62 at the start of the year. Since then, WING shares have increased by 23.1% and is now trading at $169.36.
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Wingstop saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 2,160,000 shares, an increase of 44.0% from the August 15th total of 1,500,000 shares. Based on an average daily trading volume, of 626,000 shares, the short-interest ratio is presently 3.5 days. Approximately 7.4% of the shares of the company are short sold.
View Wingstop's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 25th 2023.
View our WING earnings forecast.

Wingstop Inc. (NASDAQ:WING) announced its quarterly earnings results on Wednesday, August, 2nd. The restaurant operator reported $0.57 earnings per share for the quarter, topping the consensus estimate of $0.51 by $0.06. The restaurant operator earned $107.10 million during the quarter, compared to analyst estimates of $104.24 million. Wingstop had a negative trailing twelve-month return on equity of 17.21% and a net margin of 15.19%. The firm's revenue for the quarter was up 27.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.45 EPS.

Wingstop announced a quarterly dividend on Tuesday, August 1st. Investors of record on Friday, August 18th will be given a dividend of $0.22 per share on Friday, September 8th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.52%. The ex-dividend date of this dividend is Thursday, August 17th. This is an increase from the stock's previous quarterly dividend of $0.19.
Read our dividend analysis for WING.

ETFs with the largest weight of Wingstop (NASDAQ:WING) stock in their portfolio include AdvisorShares Restaurant ETF (EATZ), AdvisorShares Vice ETF (VICE), Invesco Leisure and Entertainment ETF (PEJ), BlackRock Future Innovators ETF (BFTR), Alpha Architect U.S. Quantitative Momentum ETF (QMOM), WisdomTree U.S. Growth & Momentum Fund (WGRO), First Trust Multi-Manager Small Cap Opportunities ETF (MMSC) and iShares Factors US Growth Style ETF (STLG).

Wingstop (NASDAQ:WING) pays an annual dividend of $0.88 per share and currently has a dividend yield of 0.50%. The company has been increasing its dividend for 6 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 41.90%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WING will have a dividend payout ratio of 34.78% 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 a price of $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 number of institutional and retail investors. Top institutional investors include BlackRock Inc. (10.31%), Alliancebernstein L.P. (3.35%), State Street Corp (2.70%), Clearbridge Investments LLC (2.70%), Artisan Partners Limited Partnership (2.19%) and Goldman Sachs Group Inc. (1.93%). 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.
View institutional ownership trends.

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 $169.36.

Wingstop (NASDAQ:WING) has a market capitalization of $5.08 billion and generates $357.52 million in revenue each year. The restaurant operator earns $52.95 million in net income (profit) each year or $2.10 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.