While Wingstop Inc has overperformed by 2.50%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, WING rose by 6.37%, with highs and lows ranging from $433.86 to $266.45, whereas the simple moving average fell by -13.43% 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)
It’s important to note that WING shareholders are currently getting $0.98 per share in dividends, so investors will receive a return regardless of how the company performs. Further, the quarter-over-quarter increase in sales is 38.76%, showing a positive trend in the upcoming months.
Wingstop Inc’s future performance can be predicted by a variety of well-rounded types of analysis and research, with equity being one of the most crucial ones. 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 be an extremely valuable indicator of volatility, and WING is registering an average volume of 510.12K. On a monthly basis, the volatility of the stock is set at 3.49%, whereas on a weekly basis, it is put at 3.43%, with a gain of 1.23% over the past seven days. Furthermore, long-term investors anticipate a median target price of $362.76, showing growth from the present price of $311.93, 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?
A giant in the Restaurants market, Wingstop Inc (WING) is 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 91.16, there is a growth in quarterly earnings of 33.84%.
Besides checking the fundamentals, you should also know how many employees own shares in 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 0.34%. 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 104.25% 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 104.25% at present.
