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Wingstop (WING) Ascends While Market Falls: Some Facts to Note
Zacks Investment Research· 2024-04-01 23:06
The latest trading session saw Wingstop (WING) ending at $367.80, denoting a +0.38% adjustment from its last day's close. The stock exceeded the S&P 500, which registered a loss of 0.2% for the day. At the same time, the Dow lost 0.6%, and the tech-heavy Nasdaq gained 0.11%.The restaurant chain's stock has climbed by 0.03% in the past month, falling short of the Retail-Wholesale sector's gain of 2.13% and the S&P 500's gain of 3.32%.Market participants will be closely following the financial results of Wing ...
How the stars aligned for Wingstop stock to gain 380% in 5 years
Business Insider· 2024-03-23 11:39
By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time.Access your favorite topics in a personalized feed while you're on the go. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewWho knew chicken wings could be so lucrative?In the past five years, Wingstop, which is listed on the Nasdaq, saw its stock grow 380%, from $72.36 in March 2019 to $348 as of Thursday.Not the wild ...
Wingstop (WING) Rises But Trails Market: What Investors Should Know
Zacks Investment Research· 2024-03-19 22:56
The most recent trading session ended with Wingstop (WING) standing at $340.49, reflecting a +0.28% shift from the previouse trading day's closing. The stock lagged the S&P 500's daily gain of 0.57%. Elsewhere, the Dow gained 0.83%, while the tech-heavy Nasdaq added 0.39%.Prior to today's trading, shares of the restaurant chain had gained 6.36% over the past month. This has outpaced the Retail-Wholesale sector's gain of 2.73% and the S&P 500's gain of 2.97% in that time.Analysts and investors alike will be ...
Wingstop (WING) is an Incredible Growth Stock: 3 Reasons Why
Zacks Investment Research· 2024-02-26 18:46
Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. But finding a growth stock that can live up to its true potential can be a tough task.That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss.However, the task of finding cutting-edge growth stocks i ...
Wingstop (WING) is a Great Momentum Stock: Should You Buy?
Zacks Investment Research· 2024-02-26 18:00
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Whil ...
All You Need to Know About Wingstop (WING) Rating Upgrade to Buy
Zacks Investment Research· 2024-02-26 18:00
Investors might want to bet on Wingstop (WING) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Since a changing earning ...
Wingstop(WING) - 2023 Q4 - Earnings Call Transcript
2024-02-21 19:14
Wingstop Inc. (NASDAQ:WING) Q4 2023 Earnings Conference Call February 21, 2024 10:00 AM ET Company Participants Michael Skipworth - President and Chief Executive Officer Alex Kaleida - Senior Vice President and Chief Financial Officer Conference Call Participants David Tarantino - Baird Jeffrey Bernstein - Barclays Andrew Charles - TD Cowen Joshua Long - Stephens Sara Senatore - Bank of America Brian Harbour - Morgan Stanley Danilo Gargiulo - Bernstein Chris O’Cull - Stifel Jeff Farmer - Gordon Haskett Andy ...
Wingstop (WING) Reports Q4 Earnings: What Key Metrics Have to Say
Zacks Investment Research· 2024-02-21 16:01
Wingstop (WING) reported $127.06 million in revenue for the quarter ended December 2023, representing a year-over-year increase of 21.2%. EPS of $0.64 for the same period compares to $0.60 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $119.77 million, representing a surprise of +6.08%. The company delivered an EPS surprise of +12.28%, with the consensus EPS estimate being $0.57.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- a ...
Wingstop Inc. Reports Fiscal Fourth Quarter and Full Year 2023 Financial Results
Prnewswire· 2024-02-21 13:00
13.0% Increase in Unit Count in 2023 18.3% Domestic Same Store Sales Growth in 2023, Driven Primarily by an Increase in Transactions DALLAS, Feb. 21, 2024 /PRNewswire/ -- Wingstop Inc. (NASDAQ: WING) today announced financial results for the fiscal fourth quarter and fiscal year ended December 30, 2023. The fiscal fourth quarter and fiscal year ended December 31, 2022 benefited from a 53rd week as compared to fiscal 2023. Unless otherwise noted, all amounts presented for the prior fiscal periods are on a 14 ...
Wingstop(WING) - 2023 Q4 - Annual Report
2024-02-20 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark one) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission File No. 001-37425 WINGSTOP INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or ...