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Friday, September 29, 2023

What Are The Chances Of Wingstop Inc. (NASDAQ: WING) Becoming A Clear Buy?

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for Wingstop Inc. (WING) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.95, or 0.59%, to $161.40. The Wingstop Inc. has recorded 7,163 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that Wingstop’s New Cajun Meal Deal Offers Everything Fans Crave, Smothered in Extra Flavor.

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Stocks Info

As a NASDAQ listed company, WING falls under the Consumer Cyclical sector while operating within the Restaurants industry segment. At the end of the last regular session, the stock closed at $160.45 and fluctuated between $165.86 as its day high and $159.37 as its day low. The current market capitalization of Wingstop Inc. is $4.85B. A total of 0.85 million shares were traded on the day, compared to an average of 618.69K shares.

Insider Activity

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, WING has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 37 BUYs and 36 SELLs from insiders. Insiders purchased 46,333 shares during that period but sold 32,833.

In the most recent transaction, Skipworth Michael sold 4,910 shares of WING for 208.21 per share on May 05. After the transaction, the President and CEO now owns 19,242 company shares. In a previous transaction on May 05, MCDONALD WESLEY S sold 1,500 shares at 206.65 per share. WING shares that Director owns now total 5,310.

Among the insiders who sold shares, Anand Krishnan disposed of 862 shares on Mar 03 at a per-share price of $173.21. This resulted in the Director holding 3,639 shares of WING after the transaction. In another insider transaction, Carona Marisa sold 4,485 shares at $170.10 per share on Feb 24. Company shares held by the SVP & Chief US Franchise Ops now total 0.


Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Wingstop Inc. pays an annual dividend of $0.88, resulting in a dividend yield of 0.55%, and it has a price to earnings (P/E) ratio of 76.66. WING’s most recent ex-dividend date was 8/17/2023 when it declared a $0.22 quarterly dividend that was paid in cash on 9/8/2023. Previously, the company paid the dividend on 6/9/2023 with an ex-dividend date of 5/18/2023. The WING stock dividend was $0.19 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for WING in the last 3 months, the mean price target is $199.18 with high estimates of $240.00 and low estimates of $150.00. In terms of 52-week highs and lows, WING has a high of $223.77 and a low of $113.20.

As of this writing, WING has an earnings estimate of $0.51 per share for the current quarter. EPS was calculated based on a consensus of 20 estimates, with a high estimate of $0.56 per share and a lower estimate of $0.46. The company reported an EPS of $0.59 in the last quarter, which was 31.10% higher than expectations of $0.45.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. WING’s latest balance sheet shows that the firm has $48.58M in Cash & Short Term Investments as of fiscal 2021. There were $469.39M in debt and $39.68M in liabilities at the time. Its Book Value Per Share was -$12.19, while its Total Shareholder’s Equity was -$309.52M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for WING is Buy with a score of 3.62.

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