Wingstop Inc. with ticker code (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 calculating the average target price we see $218.28. Given that the stocks previous close was at $230.38 this now indicates there is a potential downside of -5.3%. It’s also worth noting that there is a 50 day moving average of $189.91 and the 200 day moving average is $184.18. The total market capitalization for the company now stands at 6.91B. The stock price for the company is currently $234.85 USD
The potential market cap would be $6,545,263,226 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 102.11, 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.
