Wingstop Inc. with ticker code (WING) have now 17 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The range between the high target price and low target price is between $285.00 and $191.00 suggesting an average analyst target share price of $236.18. Now with the previous closing price of $260.39 this now indicates there is a potential downside of -9.3%. The day 50 moving average is $223.93 and the 200 day moving average is $193.62. The company has a market capitalization of 7.59B.
The stock price is currently at: $257.88 USD
The potential market cap would be $6,880,244,301 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 112.12, 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.
