At the time of writing, Wingstop Inc [WING] stock is trading at $343.51, up 1.04%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The WING shares have gain 15.59% over the last week, with a monthly amount drifted -14.93%, 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 08, 2024, when Goldman upgraded its rating to a Buy and also revised its price target to $377 from $458. Previously, Northcoast upgraded its rating to Buy on November 01, 2024, and kept the price target unchanged to $350. On October 31, 2024, upgrade upgraded it’s rating to Buy but maintained its price target of $340 on the stock. BTIG Research upgraded its rating to a Buy but stick to its price target of $370 on October 31, 2024. Raymond James upgraded its rating to a Outperform but $42 remained the price target by the analyst firm on August 01, 2024. Truist reiterated a Hold rating for this stock on July 01, 2024, and upped its price target to $393. In a note dated June 13, 2024, Goldman initiated an Neutral rating and provided a target price of $407 on this stock.
For the past year, the stock price of Wingstop Inc fluctuated between $204.01 and $433.86. Currently, Wall Street analysts expect the stock to reach $348.24 within the next 12 months. Wingstop Inc [NASDAQ: WING] shares were valued at $343.51 at the most recent close of the market. An investor can expect a potential return of 1.38% based on the average WING price forecast.
Analyzing the WING fundamentals
According to Wingstop Inc [NASDAQ:WING], the company’s sales were 591.04M for trailing twelve months, which represents an 38.76% jump. 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 337.69 points at the first support level, and at 331.86 for the second support level. However, for the 1st resistance point, the stock is sitting at 346.66, and for the 2nd resistance point, it is at 349.80.
Ratios To Look Out For
It is important to note that Wingstop Inc [NASDAQ:WING] has a current ratio of 1.40. As well, the Quick Ratio is 1.40, while the Cash Ratio is 0.71. Considering the valuation of this stock, the price to sales ratio is 17.39 and price to earnings (TTM) ratio is 100.39.
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.
