Wingstop (NASDAQ:WING – Get Free Report) had its price target dropped by analysts at Royal Bank Of Canada from $275.00 to $250.00 in a research note issued to investors on Thursday,Benzinga reports. The brokerage currently has an “outperform” rating on the restaurant operator’s stock. Royal Bank Of Canada’s price objective points to a potential upside of 51.86% from the company’s previous close.
A number of other research analysts have also recently commented on WING. Wells Fargo & Company reduced their target price on shares of Wingstop from $225.00 to $200.00 and set an “overweight” rating on the stock in a research report on Thursday. Barclays reduced their target price on shares of Wingstop from $330.00 to $235.00 and set an “overweight” rating on the stock in a research report on Thursday. Citigroup reaffirmed a “buy” rating on shares of Wingstop in a report on Thursday. BNP Paribas Exane assumed coverage on shares of Wingstop in a report on Monday, March 30th. They issued an “outperform” rating and a $275.00 price target on the stock. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Wingstop in a report on Friday, March 27th. Two analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Wingstop presently has a consensus rating of “Moderate Buy” and a consensus target price of $283.83.
Read Our Latest Stock Report on Wingstop
Wingstop Stock Down 3.8%
Wingstop (NASDAQ:WING – Get Free Report) last posted its earnings results on Wednesday, April 29th. The restaurant operator reported $1.18 EPS for the quarter, topping analysts’ consensus estimates of $1.02 by $0.16. Wingstop had a net margin of 25.01% and a negative return on equity of 16.12%. The business had revenue of $183.73 million for the quarter, compared to analysts’ expectations of $191.34 million. During the same period in the previous year, the company posted $0.99 earnings per share. The business’s revenue for the quarter was up 7.4% compared to the same quarter last year. As a group, sell-side analysts expect that Wingstop will post 4.52 earnings per share for the current fiscal year.
Insider Transactions at Wingstop
In other Wingstop news, Director Kilandigalu Madati sold 2,700 shares of the company’s stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $260.73, for a total value of $703,971.00. Following the completion of the sale, the director directly owned 2,583 shares of the company’s stock, valued at approximately $673,465.59. This represents a 51.11% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Wesley S. Mcdonald sold 566 shares of the company’s stock in a transaction dated Monday, February 23rd. The shares were sold at an average price of $250.00, for a total transaction of $141,500.00. Following the sale, the director directly owned 4,375 shares of the company’s stock, valued at $1,093,750. This represents a 11.46% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.53% of the stock is currently owned by corporate insiders.
Hedge Funds Weigh In On Wingstop
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Vident Advisory LLC grew its stake in shares of Wingstop by 3.9% in the fourth quarter. Vident Advisory LLC now owns 959 shares of the restaurant operator’s stock worth $229,000 after acquiring an additional 36 shares during the last quarter. Allworth Financial LP boosted its stake in Wingstop by 17.3% during the third quarter. Allworth Financial LP now owns 265 shares of the restaurant operator’s stock worth $67,000 after buying an additional 39 shares in the last quarter. YANKCOM Partnership boosted its stake in Wingstop by 10.1% during the fourth quarter. YANKCOM Partnership now owns 426 shares of the restaurant operator’s stock worth $102,000 after buying an additional 39 shares in the last quarter. Quadrant Capital Group LLC boosted its stake in Wingstop by 1.7% during the fourth quarter. Quadrant Capital Group LLC now owns 2,628 shares of the restaurant operator’s stock worth $627,000 after buying an additional 45 shares in the last quarter. Finally, Ballentine Partners LLC boosted its stake in Wingstop by 5.0% during the third quarter. Ballentine Partners LLC now owns 985 shares of the restaurant operator’s stock worth $248,000 after buying an additional 47 shares in the last quarter.
Wingstop News Roundup
Here are the key news stories impacting Wingstop this week:
- Positive Sentiment: Q1 EPS beat and operating momentum — Wingstop reported $1.18 EPS (above estimates) while delivering 17% unit growth, 97 net new openings and double?digit adjusted EBITDA growth, supporting profitability even as comps softened. PR News Release
- Positive Sentiment: Dividend and buyback expansion — Wingstop declared a quarterly dividend ($0.30 per share) and expanded its share repurchase program, returning cash to shareholders which can support the stock over time. Dividend & Buyback Update
- Neutral Sentiment: Analyst views remain mixed but generally constructive — BTIG cut its price target from $400 to $305 while keeping a “buy” rating (still implying large upside from current levels), showing conviction despite trimming upside. BTIG / Benzinga BTIG / The Fly
- Neutral Sentiment: TD Cowen reaffirmed a “hold” rating with a $175 target — a modest endorsement that implies limited near-term upside from current prices. TD Cowen Note
- Negative Sentiment: Same-store sales softness and cautious outlook pressured the stock — management flagged weaker comps/sales trends and guidance that underwhelmed investors, which drove intraday selling despite the EPS beat. Guidance/Sales Coverage
- Negative Sentiment: Revenue missed Street expectations — Wingstop’s reported revenue was below consensus, reinforcing investor concerns about demand trends and contributing to downward pressure on the share price. Earnings / Transcript
- Negative Sentiment: Analyst price?target trims — Wells Fargo lowered its target from $225 to $200 (still “overweight”), and other firms trimmed targets; these cuts reduce implied upside and can add selling pressure. Analyst PT Updates
About Wingstop
Wingstop Inc (NASDAQ: WING) is a fast-casual restaurant chain specializing in chicken wings and related menu items. Founded in 1994 in Garland, Texas, the company has built its brand around bold, chef-inspired wing flavors and a streamlined service model that caters to dine-in, takeout, delivery and catering orders.
The company’s core offerings include both bone-in and boneless chicken wings tossed in a variety of proprietary rubs and sauces, such as Original Hot, Lemon Pepper, and Mango Habanero.
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