While Wingstop Inc has overperformed by 4.53%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, WING rose by 4.30%, with highs and lows ranging from $433.86 to $266.45, whereas the simple moving average fell by -19.67% in the last 200 days.
On January 21, 2025, Morgan Stanley Upgraded Wingstop Inc (NASDAQ: WING) to Overweight. A report published by Goldman on November 08, 2024, Upgraded its rating to ‘Buy’ for WING. Northcoast also Upgraded WING shares as ‘Buy’, setting a target price of $350 on the company’s shares in a report dated November 01, 2024. BTIG Research October 31, 2024d its ‘Neutral’ rating to ‘Buy’ for WING, as published in its report on October 31, 2024. Raymond James’s report from August 01, 2024 suggests a price prediction of $42 for WING shares, giving the stock a ‘Outperform’ rating. Truist also rated the stock as ‘Hold’.
Analysis of Wingstop Inc (WING)
Investors in Wingstop Inc will get a return regardless of how the company performs over the next quarter since the company’s dividend stands at $0.98 per share. Further, the quarter-over-quarter increase in sales is 38.76%, showing a positive trend in the upcoming months.
One of the most important indicators of Wingstop Inc’s future performance is equity, which can be evaluated using several well-rounded types of analysis and research techniques. Taking into account the quick ratio of the company, currently set at 1.40, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can also provide valuable insight into volatility, and WING is recording 591.42K average volume. On a monthly basis, the volatility of the stock is set at 3.10%, whereas on a weekly basis, it is put at 4.21%, with a gain of 7.18% over the past seven days. Furthermore, long-term investors anticipate a median target price of $365.57, showing growth from the present price of $292.52, which can serve as yet another indication of whether WING is worth investing in or should be passed over.
How Do You Analyze Wingstop Inc Shares?
The Restaurants market is dominated by Wingstop Inc (WING) based in the USA. When comparing Wingstop Inc shares with other companies under Consumer Cyclical, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 85.49, there is a growth in quarterly earnings of 33.84%.
Along with the fundamentals, it is also important to consider how many employees own shares of the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 0.30%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 102.36% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
WING shares are owned by institutional investors to the tune of 102.36% at present.
