Wingstop (WING) Stock Forecast, Price & News

22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Wingstop in the last year. There are currently 1 sell rating, 9 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" WING shares.
View WING analyst ratings or view top-rated stocks.

22 equities research analysts have issued 12-month price objectives for Wingstop's shares. 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 twelve months. This suggests a possible upside of 9.8% from the stock's current price.
View analysts price targets for WING or view top-rated stocks among Wall Street analysts.

Wingstop's stock was trading at $137.62 on January 1st, 2023. Since then, WING stock has increased by 28.9% and is now trading at $177.35.
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Wingstop saw a increase in short interest in 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 days-to-cover ratio is currently 3.5 days. Currently, 7.4% of the company's shares are sold short.
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 data on Wednesday, August, 2nd. The restaurant operator reported $0.57 earnings per share for the quarter, beating the consensus estimate of $0.51 by $0.06. The restaurant operator had revenue of $107.10 million for the quarter, compared to analysts' expectations of $104.24 million. Wingstop had a negative trailing twelve-month return on equity of 17.21% and a net margin of 15.19%. Wingstop's revenue for the quarter was up 27.8% on a year-over-year basis. During the same period in the previous year, the company posted $0.45 earnings per share.

Wingstop announced a quarterly dividend on Tuesday, August 1st. Shareholders of record on Friday, August 18th will be paid a dividend of $0.22 per share on Friday, September 8th. This represents a $0.88 annualized dividend and a dividend yield of 0.50%. The ex-dividend date of this dividend is Thursday, August 17th. This is a boost 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 0.52%. 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 on Friday, June 12th 2015. The company issued 5,800,000 shares at $12.00-$14.00 per share. Morgan Stanley, Jefferies and Baird served 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 retail and institutional 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 $177.35.

Wingstop (NASDAQ:WING) has a market capitalization of $5.32 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.