Wingstop (NASDAQ:WING – Free Report) had its target price decreased by Wells Fargo & Company from $225.00 to $200.00 in a report published on Thursday morning,Benzinga reports. Wells Fargo & Company currently has an overweight rating on the restaurant operator’s stock.
A number of other equities research analysts also recently weighed in on WING. Citigroup dropped their price objective on Wingstop from $230.00 to $229.00 and set a “buy” rating on the stock in a research report on Thursday. UBS Group dropped their price objective on Wingstop from $295.00 to $210.00 and set a “neutral” rating on the stock in a research report on Friday, April 24th. DA Davidson reaffirmed a “buy” rating and set a $250.00 price objective on shares of Wingstop in a research report on Monday, April 20th. Wall Street Zen raised Wingstop from a “sell” rating to a “hold” rating in a research report on Saturday, March 21st. Finally, Stifel Nicolaus dropped their price objective on Wingstop from $325.00 to $250.00 and set a “buy” rating on the stock in a research report on Thursday, March 26th. Two analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $283.79.
View Our Latest Stock Report on Wingstop
Wingstop Trading Down 4.2%
Wingstop (NASDAQ:WING – Get Free Report) last announced its quarterly earnings results on Wednesday, April 29th. The restaurant operator reported $1.18 EPS for the quarter, beating the consensus estimate of $1.02 by $0.16. The firm had revenue of $183.73 million for the quarter, compared to analyst estimates of $187.82 million. Wingstop had a negative return on equity of 16.22% and a net margin of 15.77%.The business’s revenue for the quarter was up 7.4% on a year-over-year basis. During the same quarter last year, the firm posted $0.99 earnings per share. Analysts forecast that Wingstop will post 4.52 earnings per share for the current year.
Wingstop Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Friday, June 5th. Shareholders of record on Friday, May 15th will be issued a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Friday, May 15th. Wingstop’s dividend payout ratio (DPR) is currently 19.42%.
Insider Activity
In other Wingstop news, Director Wesley S. Mcdonald sold 566 shares of the firm’s stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $250.00, for a total value of $141,500.00. Following the completion of the sale, the director owned 4,375 shares of the company’s stock, valued at approximately $1,093,750. This trade represents a 11.46% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Kilandigalu Madati sold 2,700 shares of the firm’s stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $260.73, for a total value of $703,971.00. Following the completion of the sale, the director directly owned 2,583 shares of the company’s stock, valued at approximately $673,465.59. This represents a 51.11% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.53% of the stock is currently owned by company insiders.
Institutional Investors Weigh In On Wingstop
Institutional investors have recently added to or reduced their stakes in the business. WCM Investment Management LLC boosted its holdings in Wingstop by 123.9% in the third quarter. WCM Investment Management LLC now owns 102,687 shares of the restaurant operator’s stock worth $25,861,000 after acquiring an additional 56,833 shares in the last quarter. Lone Pine Capital LLC acquired a new stake in shares of Wingstop during the third quarter worth about $375,317,000. TD Asset Management Inc lifted its holdings in shares of Wingstop by 17.1% during the third quarter. TD Asset Management Inc now owns 57,586 shares of the restaurant operator’s stock worth $14,493,000 after purchasing an additional 8,414 shares during the period. Capital World Investors lifted its holdings in shares of Wingstop by 160.6% during the third quarter. Capital World Investors now owns 740,896 shares of the restaurant operator’s stock worth $186,469,000 after purchasing an additional 456,637 shares during the period. Finally, SG Americas Securities LLC lifted its holdings in shares of Wingstop by 553.3% during the fourth quarter. SG Americas Securities LLC now owns 41,349 shares of the restaurant operator’s stock worth $9,861,000 after purchasing an additional 35,020 shares during the period.
Wingstop News Roundup
Here are the key news stories impacting Wingstop this week:
- Positive Sentiment: Q1 EPS beat and operational growth — Wingstop reported $1.18 EPS (above estimates) and double-digit adjusted EBITDA growth, plus 97 net new openings (17% unit growth), showing underlying expansion that supports long-term thesis. PR News Release
- Positive Sentiment: Shareholder returns boosted — Wingstop declared a quarterly dividend and expanded its share repurchase program, which can support the stock over time. TipRanks Announcement
- Positive Sentiment: Brokers remain largely constructive — Several firms lowered price targets but kept favorable ratings (BTIG cut PT to $305, Wells Fargo cut to $200, RBC cut to $250) indicating continued analyst conviction in the growth story despite near-term headwinds. Benzinga Coverage
- Neutral Sentiment: New product and marketing attempts to drive traffic — Wingstop launched “Citrus Mojo” and is highlighting marketing evolution aimed at re-accelerating sales trends. These are strategic but may take time to move comps. MSN Article
- Neutral Sentiment: Local unit development continues — New local openings (e.g., Roseburg) underscore franchise expansion but have limited immediate impact on corporate comps. Local Opening
- Negative Sentiment: Revenue miss and weak same-store sales — Q1 revenue came in below estimates and same-store sales decelerated, a core driver of today’s negative reaction as it pressures near-term margin and growth expectations. Yahoo Finance
- Negative Sentiment: Cautious outlook and guidance cut — Management tone and a trimmed outlook for same-store sales/revenue growth prompted sell-side concern and drove intraday weakness. MarketWatch
- Negative Sentiment: Media/market skepticism — Coverage about the “chicken-wing trade” collapsing and broader consumer pressures amplifies sentiment risk and may keep the stock under pressure until comps stabilize. MarketWatch Commentary
About Wingstop
Wingstop Inc (NASDAQ: WING) is a fast-casual restaurant chain specializing in chicken wings and related menu items. Founded in 1994 in Garland, Texas, the company has built its brand around bold, chef-inspired wing flavors and a streamlined service model that caters to dine-in, takeout, delivery and catering orders.
The company’s core offerings include both bone-in and boneless chicken wings tossed in a variety of proprietary rubs and sauces, such as Original Hot, Lemon Pepper, and Mango Habanero.
Further Reading
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