Wingstop Inc. which can be found using ticker (WING) have now 18 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between $260.00 and $191.00 with the average target price sitting at $218.28. Given that the stocks previous close was at $243.31 this is indicating there is a potential downside of -10.3%. The day 50 moving average is $202.27 while the 200 day moving average is $187.56. The company has a market cap of 7.27B. The stock price for the company is currently $247.07 USD
The potential market cap would be $6,519,906,755 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 107.42, revenue per share of $14.65 and a 19.11% return on assets.
Wingstop Inc. is a fast casual chicken wings-focused restaurant chain, with over 1,950 locations worldwide. The Company is in the business of franchising and operating Wingstop restaurants. The Company is primarily a franchisor, with approximately 98% of its restaurants owned and operated by independent franchisees. It offers classic and boneless wings, tenders, and chicken sandwiches, always cooked to order and hand sauced-and-tossed in about 11 distinctive flavors. The Company also complements its wings, tenders, and chicken sandwiches with seasoned fries, ranch, bleu cheese dips, hand-cut carrots and celery. It offers various order options, including eat-in, to go, individual, combo meals and family packs. It also developed a custom Website and mobile ordering application. The Company operates approximately a total of 1,916 restaurants in 44 states and nine countries.
