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.
A number of analysts gave price targets for WING. The highest price target was 38, which equates to a potential upside of 27.65 percent. The minimum price target given was 28, implying potential capital losses of -5.95 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. The average change in earnings estimates over the last 90 days is -6.25 percent. 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.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 3 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 3 analysts decreased their estimates.
The growth rate of WING's earnings is estimated by analysts to be 14.03 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. WING has a PEG ratio of 3.53.
In the trailing 52-weeks, WING hit 33.42 at the highest peak, while it's lowest trading point was 24.74. Today's price is 20.33 percent above the 52-week low, and below the high by 10.92 percent. 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.