Wingstop Inc. (NASDAQ:WING - Free Report) - Equities researchers at Wedbush cut their Q1 2025 earnings estimates for Wingstop in a research note issued to investors on Friday, February 14th. Wedbush analyst N. Setyan now expects that the restaurant operator will earn $1.05 per share for the quarter, down from their previous estimate of $1.13. Wedbush currently has a "Outperform" rating and a $390.00 price target on the stock. The consensus estimate for Wingstop's current full-year earnings is $3.64 per share. Wedbush also issued estimates for Wingstop's Q2 2025 earnings at $1.09 EPS, Q3 2025 earnings at $1.11 EPS, FY2025 earnings at $4.35 EPS and FY2025 earnings at $4.35 EPS.
A number of other equities analysts have also recently issued reports on the company. The Goldman Sachs Group upgraded Wingstop from a "neutral" rating to a "buy" rating and cut their price objective for the stock from $458.00 to $377.00 in a report on Friday, November 8th. BTIG Research raised shares of Wingstop from a "neutral" rating to a "buy" rating and set a $370.00 price target on the stock in a research note on Thursday, October 31st. TD Cowen cut their price objective on shares of Wingstop from $450.00 to $365.00 and set a "buy" rating for the company in a research note on Thursday, October 31st. Barclays decreased their target price on shares of Wingstop from $470.00 to $380.00 and set an "overweight" rating on the stock in a research report on Thursday, October 31st. Finally, Benchmark upgraded shares of Wingstop from a "hold" rating to a "buy" rating and set a $340.00 price target for the company in a research report on Thursday, October 31st. Five equities research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, Wingstop currently has a consensus rating of "Moderate Buy" and an average target price of $384.72.
Check Out Our Latest Stock Report on Wingstop
Wingstop Stock Down 13.4 %
NASDAQ:WING traded down $41.00 during midday trading on Monday, hitting $265.02. The company had a trading volume of 3,649,455 shares, compared to its average volume of 689,715. The stock's fifty day moving average price is $291.76 and its 200-day moving average price is $341.94. Wingstop has a 52-week low of $258.50 and a 52-week high of $433.86. The company has a market capitalization of $7.74 billion, a PE ratio of 77.27, a P/E/G ratio of 2.74 and a beta of 1.81.
Wingstop announced that its board has approved a share repurchase program on Thursday, December 5th that authorizes the company to repurchase $500.00 million in outstanding shares. This repurchase authorization authorizes the restaurant operator to repurchase up to 5.1% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company's management believes its stock is undervalued.
Insider Buying and Selling
In related news, SVP Raj Kapoor sold 266 shares of the company's stock in a transaction on Thursday, December 12th. The stock was sold at an average price of $324.38, for a total value of $86,285.08. Following the sale, the senior vice president now directly owns 266 shares of the company's stock, valued at $86,285.08. This represents a 50.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.36% of the stock is owned by insiders.
Institutional Trading of Wingstop
A number of hedge funds have recently modified their holdings of the business. True Wealth Design LLC purchased a new position in Wingstop during the 3rd quarter valued at about $36,000. EverSource Wealth Advisors LLC boosted its position in shares of Wingstop by 521.4% in the 4th quarter. EverSource Wealth Advisors LLC now owns 87 shares of the restaurant operator's stock worth $25,000 after purchasing an additional 73 shares in the last quarter. CBIZ Investment Advisory Services LLC grew its stake in shares of Wingstop by 62.5% in the 4th quarter. CBIZ Investment Advisory Services LLC now owns 91 shares of the restaurant operator's stock worth $26,000 after buying an additional 35 shares during the last quarter. Hollencrest Capital Management increased its position in Wingstop by 53.8% during the 3rd quarter. Hollencrest Capital Management now owns 100 shares of the restaurant operator's stock valued at $42,000 after buying an additional 35 shares in the last quarter. Finally, V Square Quantitative Management LLC raised its stake in Wingstop by 60.6% during the third quarter. V Square Quantitative Management LLC now owns 106 shares of the restaurant operator's stock valued at $44,000 after buying an additional 40 shares during the last quarter.
About Wingstop
(
Get Free Report)
Wingstop Inc, together with its subsidiaries, franchises and operates restaurants under the Wingstop brand. Its restaurants offer classic wings, boneless wings, tenders, and hand-sauced-and-tossed in various flavors, as well as chicken sandwiches with fries and hand-cut carrots and celery that are cooked-to-order.
Recommended Stories
Before you consider Wingstop, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Wingstop wasn't on the list.
While Wingstop currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are likely to thrive in today's challenging market? Enter your email address and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
