Wingstop Inc. with ticker code (WING) have now 19 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between $475.00 and $350.00 and has a mean share price target at $423.67. (at the time of writing). Now with the previous closing price of $379.66 this would imply there is now a potential upside of 11.6%. The day 50 moving average is $384.77 and the 200 day moving average is $341.45. The total market capitalization for the company now stands at 10.94B. Currently the stock stands at: $373.35 USD
The potential market cap would be $12,209,049,856 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 116.31, revenue per share of $18.52 and a 20.17% 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.
