Wingstop Inc. (NASDAQ:WING – Get Free Report) Director Wesley Mcdonald sold 1,520 shares of Wingstop stock in a transaction that occurred on Friday, October 30th. The stock was sold at an average price of $145.11, for a total value of $220,567.20. Following the completion of the transaction, the director directly owned 3,986 shares in the company, valued at $578,408.46. This trade represents a 27.61% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
Wingstop Stock Performance
NASDAQ:WING opened at $161.57 on Wednesday. The firm has a market cap of $4.37 billion, a PE ratio of 37.93, a price-to-earnings-growth ratio of 2.16 and a beta of 1.77. Wingstop Inc. has a fifty-two week low of $95.82 and a fifty-two week high of $302.80. The business has a 50 day moving average price of $116.94 and a 200-day moving average price of $163.45.
Wingstop (NASDAQ:WING – Get Free Report) last issued its earnings results on Wednesday, October 28th. The restaurant operator reported $1.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.02 by $0.06. Wingstop had a net margin of 16.03% and a negative return on equity of 15.80%. The firm had revenue of $185.13 million for the quarter, compared to analysts’ expectations of $192.89 million. During the same quarter last year, the business earned $1.09 earnings per share. The business’s revenue was up 5.4% on a year-over-year basis. Research analysts predict that Wingstop Inc. will post 4.19 EPS for the current year.
Wingstop Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Friday, December 4th. Shareholders of record on Friday, November 13th will be given a dividend of $0.33 per share. The ex-dividend date of this dividend is Friday, November 13th. This represents a $1.32 annualized dividend and a yield of 0.8%. Wingstop’s dividend payout ratio is presently 30.99%.
Institutional Trading of Wingstop
Large investors have recently added to or reduced their stakes in the stock. BlackRock Inc. bought a new position in Wingstop in the 2nd quarter worth $481,314,000. Jupiter Topco LLC bought a new stake in shares of Wingstop during the 2nd quarter valued at about $147,440,000. Bank of New York Mellon Corp bought a new stake in shares of Wingstop during the 2nd quarter valued at about $80,456,000. Bamco Inc. NY bought a new stake in shares of Wingstop during the 2nd quarter valued at about $74,595,000. Finally, Wellington Management Group LLP increased its position in shares of Wingstop by 681.6% during the second quarter. Wellington Management Group LLP now owns 374,483 shares of the restaurant operator’s stock valued at $64,939,000 after buying an additional 326,568 shares during the period.
Wingstop News Summary
Here are the key news stories impacting Wingstop this week:
- Positive Sentiment: An optimistic analysis points to early signs of a same-store sales recovery, with loyalty and targeted marketing initiatives potentially lifting customer frequency. It also cites a strong restaurant-development pipeline, a valuation below historical averages, and projected EPS growth exceeding 20% in FY2027 and FY2028. Article: Wingstop: Early Recovery Signs Could Trigger A Valuation Re-Rating
- Positive Sentiment: Recent coverage says third-quarter results were better than investors feared, and management sees potential to grow the system to more than 10,000 restaurants—supporting the long-term expansion story. Article: Why Wingstop Stock Keeps Going Up
- Positive Sentiment: New restaurant openings in Boyes Hot Springs and Westminster offer additional evidence of continued expansion, though the articles do not quantify their financial contribution. Article: Boyes Hot Springs grand opening Article: Westminster restaurant opening
- Neutral Sentiment: Wingstop was named a finalist for Savor’s restaurant AI awards. The recognition may highlight its technology efforts, but no direct business or financial impact was reported. Article: Chipotle, Wingstop among finalists for Savor’s restaurant AI awards
- Negative Sentiment: Two executives disclosed stock sales: Director Wesley McDonald sold 1,520 shares, reducing his position by 27.61%, while COO Raj Kapoor sold 2,500 shares, reducing his holdings by 60.11%. Such sales can weigh on sentiment, though they do not by themselves establish a negative outlook. Article: Wingstop director sells shares Article: Wingstop COO stock sale
- Negative Sentiment: Quarterly EPS beat expectations, but revenue of $185.13 million fell short of the $192.89 million consensus, a possible concern for investors assessing sales momentum.
Analysts Set New Price Targets
A number of equities analysts have issued reports on the stock. DA Davidson restated a “buy” rating and issued a $180.00 price objective on shares of Wingstop in a research report on Thursday, October 29th. Wall Street Zen lowered shares of Wingstop from a “hold” rating to a “sell” rating in a report on Saturday. BTIG Research reissued a “buy” rating and issued a $265.00 target price on shares of Wingstop in a research note on Thursday, October 29th. Sanford C. Bernstein cut Wingstop from an “outperform” rating to a “market perform” rating and cut their target price for the stock from $220.00 to $155.00 in a research note on Monday, August 3rd. Finally, Morgan Stanley reduced their price target on Wingstop from $202.00 to $198.00 and set an “overweight” rating on the stock in a report on Thursday, October 29th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Wingstop presently has a consensus rating of “Moderate Buy” and an average target price of $222.43.
Read Our Latest Analysis on Wingstop
Wingstop Company Profile
Wingstop Inc is a franchised restaurant company specializing in cooked-to-order chicken wings and related menu items. Its offerings include classic and boneless wings prepared with a range of flavors, along with chicken sandwiches, tenders, fries, seasoned fries, dips, sides and beverages. The company emphasizes made-to-order food, a digital ordering experience and a menu centered on customizable chicken meals.
Founded in 1994 in Garland, Texas, Wingstop has expanded from a single restaurant into a global brand operated primarily through franchised locations.
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