Analyst Ratings for Wingstop Inc. (WING)Updated: 2017-07-28
Shares of Wingstop Inc. (NASDAQ:WING) have received a consensus rating of Buy from Wall Street analysts. A consensus rating of Buy was previously issued for WING last month.
11 analysts issued ratings on the stock, where 8 gave WING a buy rating, 1 issued an overweight rating, 2 issued a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has decreased by 1. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
Several price targets were given for WING by the analysts covering the stock. The most optimistic price target was 38, implying potential capital gains of 27.65 percent. The most pessimistic analyst gave a price target of 28, which equates to a potential downside of -5.95 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is -6.25 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. If we look at the last 90 days instead, we find a net average change of 8.59 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 3 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 3 analysts that revised their FY estimates downwards.
WING has an estimated earnings growth rate of 14.03 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. WING has a PEG ratio of 3.53.
WING has traded between a high of 33.42 and a low of 24.74 over the past year. The current market price is above the trailing year's low by 20.33 percent, and 10.92 percent lower than its 52-week high. WING has a price/earnings ratio of 49.58. Investors typically compare the P/E ratio to a company's peers in the industry. The WING value stock report compares WING to some of its peers using value stock charts. The market cap of WING is $0.86931 billion. WING will post this quarters earnings in days, on 0000-00-00.