Wingstop Inc. with ticker code (WING) have now 22 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The range between the high target price and low target price is between $468.00 and $300.00 with the average target price sitting at $370.37. Given that the stocks previous close was at $331.89 this indicates there is a potential upside of 11.6%. It’s also worth noting that there is a 50 day moving average of $380.53 and the 200 day MA is $370.88. The company has a market capitalization of 9.93B. Currently the stock stands at: $339.98 USD
The potential market cap would be $11,083,087,427 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 99.12, revenue per share of $20.14 and a 23.06% 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.
