Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
The closing price of Wingstop Inc (NASDAQ: WING) was $395.84 for the day, up 1.88% from the previous closing price of $388.55. In other words, the price has increased by $1.88 from its previous closing price. On the day, 0.57 million shares were traded. WING stock price reached its highest trading level at $400.7399 during the session, while it also had its lowest trading level at $391.3.
Ratios:
Our analysis of WING’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 75.76 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 140.26. For the most recent quarter (mrq), Quick Ratio is recorded 2.17 and its Current Ratio is at 2.17.
On February 14, 2024, Bernstein started tracking the stock assigning a Outperform rating and target price of $340.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Mar 08 ’24 when Carona Marisa sold 2,586 shares for $371.96 per share. The transaction valued at 961,882 led to the insider holds 1,646 shares of the business.
Skipworth Michael sold 10,843 shares of WING for $3,658,438 on Feb 23 ’24. The President and CEO now owns 17,107 shares after completing the transaction at $337.40 per share. On Feb 23 ’24, another insider, Madati Kilandigalu, who serves as the Director of the company, sold 1,472 shares for $339.87 each. As a result, the insider received 500,281 and left with 5,450 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, WING now has a Market Capitalization of 11625821184 and an Enterprise Value of 12248131584. As of this moment, Wingstop’s Price-to-Earnings (P/E) ratio for their current fiscal year is 141.09, and their Forward P/E ratio for the next fiscal year is 95.69. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.98. For the stock, the TTM Price-to-Sale (P/S) ratio is 23.39. Its current Enterprise Value per Revenue stands at 24.638 whereas that against EBITDA is 84.051.
Stock Price History:
Over the past 52 weeks, WING has reached a high of $396.00, while it has fallen to a 52-week low of $150.08. The 50-Day Moving Average of the stock is 9.97%, while the 200-Day Moving Average is calculated to be 57.27%.
Shares Statistics:
WING traded an average of 536.21K shares per day over the past three months and 649720 shares per day over the past ten days. A total of 29.34M shares are outstanding, with a floating share count of 28.64M. Insiders hold about 2.50% of the company’s shares, while institutions hold 104.46% stake in the company. Shares short for WING as of 1713139200 were 1958379 with a Short Ratio of 3.65, compared to 1710460800 on 1666764. Therefore, it implies a Short% of Shares Outstanding of 1958379 and a Short% of Float of 6.69.
Dividends & Splits
With its trailing 12-month dividend rate of 0.85, WING has a forward annual dividend rate of 0.85. Against a Trailing Annual Dividend Yield of 0.0021876208The stock’s 5-year Average Dividend Yield is 0.42.
