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.
Investment analysts gave a few price targets for WING. The highest price target was 38, implying a possible profit of 27.65 percent. The minimum price target given was 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. That number becomes -6.25 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 8.59 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 3 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 3 analysts decreased their estimates.
WING has an estimated earnings growth rate of 14.03 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of WING is 3.53.
In the trailing 52-weeks, WING hit 33.42 at the highest peak, while it's lowest trading point was 24.74. Currently the stock is 20.33 percent higher than its low, and 10.92 percent below the high. WING has a P/E 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.