The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
Wingstop Inc (NASDAQ: WING) closed the day trading at $383.98 down -0.21% from the previous closing price of $384.79. In other words, the price has decreased by -$0.21 from its previous closing price. On the day, 1.17 million shares were traded. WING stock price reached its highest trading level at $396.0 during the session, while it also had its lowest trading level at $360.33.
Ratios:
For a better understanding of WING, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 88.72 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 139.48. For the most recent quarter (mrq), Quick Ratio is recorded 2.03 and its Current Ratio is at 2.03.
On February 14, 2024, Bernstein started tracking the stock assigning a Outperform rating and target price of $340.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 11277493248 and an Enterprise Value of 11907472384. As of this moment, Wingstop’s Price-to-Earnings (P/E) ratio for their current fiscal year is 163.24, and their Forward P/E ratio for the next fiscal year is 98.84. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 9.17. For the stock, the TTM Price-to-Sale (P/S) ratio is 24.49. Its current Enterprise Value per Revenue stands at 25.883 whereas that against EBITDA is 90.843.
Stock Price History:
Over the past 52 weeks, WING has reached a high of $392.48, while it has fallen to a 52-week low of $150.08. The 50-Day Moving Average of the stock is 7.79%, while the 200-Day Moving Average is calculated to be 54.34%.
Shares Statistics:
Over the past 3-months, WING traded about 514.19K shares per day on average, while over the past 10 days, WING traded about 624490 shares per day. A total of 29.34M shares are outstanding, with a floating share count of 28.60M. Insiders hold about 2.50% of the company’s shares, while institutions hold 105.27% stake in the company. Shares short for WING as of 1713139200 were 1958379 with a Short Ratio of 3.81, 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
WING’s forward annual dividend rate is 0.85, up from 0.82 a year ago. Against a Trailing Annual Dividend Yield of 0.0021310325The stock’s 5-year Average Dividend Yield is 0.42.
