A share price of Wingstop Inc [WING] is currently trading at $338.41, up 1.56%. An important factor to consider is whether the stock is rising or falling in short-term value. The WING shares have gain 2.35% over the last week, with a monthly amount drifted -7.69%, and not seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
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.
Wingstop Inc experienced fluctuations in its stock price throughout the past year between $229.27 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 $338.41 at the most recent close of the market. An investor can expect a potential return of 2.9% based on the average WING price forecast.
Analyzing the WING fundamentals
Trailing Twelve Months sales for Wingstop Inc [NASDAQ:WING] were 591.04M which represents 38.76% growth. 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 327.95 points at the first support level, and at 317.48 for the second support level. However, for the 1st resistance point, the stock is sitting at 343.75, and for the 2nd resistance point, it is at 349.08.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Wingstop Inc [NASDAQ:WING] 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 16.73 and price to earnings (TTM) ratio is 98.90.
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.
