Wingstop Inc [WING] stock prices are up 5.19% to $331.89 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The WING shares have gain 15.36% over the last week, with a monthly amount drifted -17.60%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Wingstop Inc [NASDAQ: WING] stock has seen the most recent analyst activity on November 01, 2024, when Northcoast upgraded its rating to a Buy but kept the price target unchanged to $350 for it. Previously, The Benchmark Company upgraded its rating to Buy on October 31, 2024, and kept the price target unchanged to $340. On October 31, 2024, upgrade upgraded it’s rating to Buy but maintained its price target of $370 on the stock. Raymond James upgraded its rating to a Outperform but stick to its price target of $42 on August 01, 2024. Truist reiterated its recommendation of a Hold and raised its price target to $393 on July 01, 2024. Goldman started tracking with a Neutral rating for this stock on June 13, 2024, and assigned it a price target of $407.
The stock price of Wingstop Inc [WING] has been fluctuating between $204.01 and $433.86 over the past year. Currently, Wall Street analysts expect the stock to reach $346.44 within the next 12 months. Wingstop Inc [NASDAQ: WING] shares were valued at $331.89 at the most recent close of the market. An investor can expect a potential return of 4.38% based on the average WING price forecast.
Analyzing the WING fundamentals
The Wingstop Inc [NASDAQ:WING] reported sales of 591.04M for trailing twelve months, representing a surge of 38.76%. Gross Profit Margin for this corporation currently stands at 0.57% with Operating Profit Margin at 0.26%, Pretax Profit Margin comes in at 0.23%, and Net Profit Margin reading is 0.17%. To continue investigating profitability, this company’s Return on Assets is posted at 0.21, Equity is -0.23 and Total Capital is 0.42. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -1.6.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 321.71 points at the first support level, and at 311.52 for the second support level. However, for the 1st resistance point, the stock is sitting at 337.88, and for the 2nd resistance point, it is at 343.87.
Ratios To Look Out For
It’s worth pointing out that Wingstop Inc [NASDAQ:WING]’s Current Ratio is 1.40. On the other hand, the Quick Ratio is 1.40, and the Cash Ratio is 0.71. Considering the valuation of this stock, the price to sales ratio is 16.40 and price to earnings (TTM) ratio is 97.00.
Transactions by insiders
Recent insider trading involved Upshaw Donnie, SVP Corp Restaurants & CPO, that happened on Aug 08 ’24 when 3199.0 shares were sold. Officer, Upshaw Donnie completed a deal on Aug 08 ’24 to buy 3199.0 shares. Meanwhile, Director Madati Kilandigalu sold 645.0 shares on Jun 05 ’24.
