The price of Wingstop Inc (NASDAQ: WING) closed at $360.05 in the last session, up 1.62% from day before closing price of $354.32. In other words, the price has increased by $+5.73 from its previous closing price. On the day, 560418 shares were traded. WING stock price reached its highest trading level at $364.99 during the session, while it also had its lowest trading level at $344.26.
Ratios:
We take a closer look at WING’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 83.19 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 130.79. For the most recent quarter (mrq), Quick Ratio is recorded 2.03 and its Current Ratio is at 2.03.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Bernstein on February 14, 2024, initiated with a Outperform rating and assigned the stock a target price of $340.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 10.41B and an Enterprise Value of 11.03B. As of this moment, Wingstop’s Price-to-Earnings (P/E) ratio for their current fiscal year is 153.07, and their Forward P/E ratio for the next fiscal year is 98.31. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 8.80. For the stock, the TTM Price-to-Sale (P/S) ratio is 22.96. Its current Enterprise Value per Revenue stands at 23.98 whereas that against EBITDA is 87.70.
Stock Price History:
Over the past 52 weeks, WING has reached a high of $379.00, while it has fallen to a 52-week low of $150.08. The 50-Day Moving Average of the stock is 336.17, while the 200-Day Moving Average is calculated to be 236.67.
Shares Statistics:
According to the various share statistics, WING traded on average about 485.94K shares per day over the past 3-months and 462.03k shares per day over the past 10 days. 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 106.06% stake in the company. Shares short for WING as of Mar 15, 2024 were 1.67M with a Short Ratio of 3.84, compared to 1.42M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 5.68% and a Short% of Float of 6.48%.
Dividends & Splits
The forward annual dividend rate for WING is 0.85, which was 0.82 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.23%, it implies a Forward Annual Dividend Yield of 0.24%. The stock’s 5-year Average Dividend Yield is 0.43.
Earnings Estimates
The company has 20 analysts who recommend its stock at the moment. On average, analysts expect EPS of $0.72 for the current quarter, with a high estimate of $0.83 and a low estimate of $0.59, while EPS last year was $0.59. The consensus estimate for the next quarter is $0.69, with high estimates of $0.8 and low estimates of $0.63.
Analysts are recommending an EPS of between $3.42 and $2.75 for the fiscal current year, implying an average EPS of $3. EPS for the following year is $3.67, with 22 analysts recommending between $4.37 and $3.19.
Revenue Estimates
According to 18 analysts, the current quarter’s revenue is expected to be $133.14M. It ranges from a high estimate of $140.6M to a low estimate of $126.77M. As of the current estimate, Wingstop Inc’s year-ago sales were $99.42M, an estimated increase of 33.90% from the year-ago figure.
A total of 22 analysts have provided revenue estimates for WING’s current fiscal year. The highest revenue estimate was $579M, while the lowest revenue estimate was $532.56M, resulting in an average revenue estimate of $552.03M. In the same quarter a year ago, actual revenue was $460.06M, up 20.00% from the average estimate. Based on 21 analysts’ estimates, the company’s revenue will be $637.97M in the next fiscal year. The high estimate is $679M and the low estimate is $598M. The average revenue growth estimate for next year is up 15.60% from the average revenue estimate for this year.
