NASDAQ:WINGWingstop Stock Price, Forecast & News

Wingstop's stock was trading at $71.57 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, WING stock has increased by 70.4% and is now trading at $121.95. View which stocks have been most impacted by Coronavirus.

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Wingstop in the last year. There are currently 6 hold ratings and 13 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Wingstop.

Wingstop is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for Wingstop.

Wingstop Inc (NASDAQ:WING) released its earnings results on Wednesday, May, 6th. The restaurant operator reported $0.27 EPS for the quarter, beating the consensus estimate of $0.24 by $0.03. The restaurant operator earned $55.44 million during the quarter, compared to the consensus estimate of $55.69 million. Wingstop had a net margin of 10.61% and a negative return on equity of 11.05%. Wingstop's quarterly revenue was up 15.4% compared to the same quarter last year. During the same quarter last year, the company posted $0.22 earnings per share. View Wingstop's earnings history.

Wingstop declared a quarterly dividend on Thursday, May 7th. Investors of record on Thursday, June 18th will be paid a dividend of $0.11 per share on Thursday, June 25th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 0.36%. The ex-dividend date of this dividend is Wednesday, June 17th. View Wingstop's dividend history.

19 Wall Street analysts have issued 1-year price objectives for Wingstop's shares. Their forecasts range from $93.00 to $143.00. On average, they anticipate Wingstop's stock price to reach $117.65 in the next twelve months. This suggests that the stock has a possible downside of 3.5%. View analysts' price targets for Wingstop.

News headlines about WING stock have trended very negative recently, according to InfoTrie. InfoTrie identifies positive and negative media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Wingstop earned a media sentiment score of -3.5 on InfoTrie's scale. They also gave news headlines about the restaurant operator a news buzz of 9.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the next few days. View the latest news aboutWingstop.

Wingstop saw a decline in short interest in April. As of April 30th, there was short interest totaling 3,190,000 shares, a decline of 14.9% from the April 15th total of 3,750,000 shares. Based on an average daily trading volume, of 684,200 shares, the days-to-cover ratio is presently 4.7 days. Approximately 10.9% of the company's shares are sold short. View Wingstop's Current Options Chain.

Some companies that are related to Wingstop include Darden Restaurants (DRI), Aramark (ARMK), Texas Roadhouse (TXRH), Cracker Barrel Old Country Store (CBRL), Papa John's Int'l (PZZA), Main Street Capital (MAIN), Jack in the Box (JACK), Brinker International (EAT), Bloomin' Brands (BLMN), Cheesecake Factory (CAKE), Dine Brands Global (DIN), Arcos Dorados (ARCO), Denny's (DENN), Dave & Buster's Entertainment (PLAY) and BJ's Restaurants (BJRI). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Wingstop investors own include NVIDIA (NVDA), Alibaba Group (BABA), Advanced Micro Devices (AMD), Netflix (NFLX), Paypal (PYPL), Walt Disney (DIS), Adobe (ADBE), Shopify (SHOP), Starbucks (SBUX) and AbbVie (ABBV).

(WING) raised $75 million in an 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 many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.97%), Fred Alger Management LLC (5.14%), Federated Hermes Inc. (4.75%), Eagle Asset Management Inc. (4.42%), Invesco Ltd. (4.07%) and State Street Corp (2.98%). Company insiders that own Wingstop stock include Charles R Morrison, Lawrence Kruguer, Madison Jobe, Maurice Cooper, Michael J Hislop, Michael Skipworth, Nicolas Boudet and Stacy Peterson. View institutional ownership trends for Wingstop.

WING stock was sold by a variety of institutional investors in the last quarter, including Two Sigma Investments LP, Squarepoint Ops LLC, Healthcare of Ontario Pension Plan Trust Fund, Fred Alger Management LLC, Two Sigma Advisers LP, BlackRock Inc., Morgan Stanley, and Morgan Stanley. Company insiders that have sold Wingstop company stock in the last year include Charles R Morrison, Madison Jobe, Maurice Cooper, Michael J Hislop, Michael Skipworth, and Nicolas Boudet. View insider buying and selling activity for Wingstop.

WING stock was acquired by a variety of institutional investors in the last quarter, including Eagle Asset Management Inc., Victory Capital Management Inc., Victory Capital Management Inc., Lord Abbett & CO. LLC, Artemis Investment Management LLP, Artemis Investment Management LLP, MIK Capital LP, and WCM Investment Management LLC. View insider buying and selling activity for Wingstop.

Shares of WING can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of WING stock can currently be purchased for approximately $121.95.

Wingstop has a market capitalization of $3.61 billion and generates $199.68 million in revenue each year. The restaurant operator earns $20.48 million in net income (profit) each year or $0.73 on an earnings per share basis. Wingstop employs 170 workers across the globe.

The official website for Wingstop is www.wingstop.com.

Wingstop's mailing address is 5501 LBJ FREEWAY 5TH FLOOR, DALLAS TX, 75240. The restaurant operator can be reached via phone at 972-686-6500.