Breaking: Stifel Nicolaus Keeps $45.0 TP On Wingstop (NASDAQ:WING) Shares, Keeps Their Original Buy Rating

April 23, 2018 - By Darrin Black

Wingstop Inc. (NASDAQ:WING) Logo

Wingstop (NASDAQ:WING) Rating Reaffirmed

The company has just set a target price per share of $45.0 on Wingstop (NASDAQ:WING) shares. This is -11.99 % from the last price. In a research note sent to clients and investors on 3 January, Stifel Nicolaus reconfirmed their Buy rating on shares of WING.

Wingstop Inc. (NASDAQ:WING) Ratings Coverage

Among 14 analysts covering Wingstop (NASDAQ:WING), 8 have Buy rating, 1 Sell and 5 Hold. Therefore 57% are positive. Wingstop has $59 highest and $29.0 lowest target. $46.92’s average target is -8.23% below currents $51.13 stock price. Wingstop had 32 analyst reports since October 26, 2017 according to SRatingsIntel. The stock of Wingstop Inc. (NASDAQ:WING) has “Buy” rating given on Monday, December 4 by Robert W. Baird. Cowen & Co maintained Wingstop Inc. (NASDAQ:WING) rating on Thursday, October 26. Cowen & Co has “Buy” rating and $37.0 target. The firm has “Buy” rating given on Friday, November 10 by Robert W. Baird. The firm earned “Buy” rating on Wednesday, April 18 by Stifel Nicolaus. The rating was maintained by Stephens with “Buy” on Friday, February 23. Stifel Nicolaus maintained Wingstop Inc. (NASDAQ:WING) on Friday, February 23 with “Buy” rating. The rating was downgraded by Jefferies to “Underperform” on Friday, December 22. On Friday, November 3 the stock rating was upgraded by Stifel Nicolaus to “Buy”. The stock of Wingstop Inc. (NASDAQ:WING) has “Buy” rating given on Tuesday, January 30 by Stephens. As per Wednesday, November 22, the company rating was maintained by Cowen & Co.

The stock increased 0.73% or $0.37 during the last trading session, reaching $51.13. About 211,509 shares traded. Wingstop Inc. (NASDAQ:WING) has risen 89.00% since April 23, 2017 and is uptrending. It has outperformed by 77.45% the S&P500.

Analysts await Wingstop Inc. (NASDAQ:WING) to report earnings on May, 3 after the close. They expect $0.20 earnings per share, down 9.09 % or $0.02 from last year’s $0.22 per share. WING’s profit will be $5.83 million for 63.91 P/E if the $0.20 EPS becomes a reality. After $0.17 actual earnings per share reported by Wingstop Inc. for the previous quarter, Wall Street now forecasts 17.65 % EPS growth.

Wingstop Inc., together with its subsidiaries, franchises and operates restaurants under the Wingstop brand name. The company has market cap of $1.49 billion. The Company’s restaurants offer cooked-to-order, hand-sauced, and tossed chicken wings. It has a 54.98 P/E ratio. As of March 06, 2017, the firm operated approximately 1,000 restaurants the United States, Mexico, Singapore, the Philippines, Indonesia, and the United Arab Emirates.

Wingstop Inc. (NASDAQ:WING) Ratings Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.