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Wingstop (WING) Upgraded to Buy: Here's What You Should Know
Zacks Investment Research· 2024-04-12 17:01
Wingstop (WING) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.Since a changin ...
Why Wingstop (WING) Could Beat Earnings Estimates Again
Zacks Investment Research· 2024-04-03 17:11
Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Wingstop (WING) , which belongs to the Zacks Retail - Restaurants industry.This restaurant chain has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 22.49%.For the most recent quarter, Wingstop was expected to post earnings of $0.57 pe ...
Wingstop Inc. To Announce Fiscal First Quarter 2024 Financial Results On May 1, 2024
Prnewswire· 2024-04-02 12:00
DALLAS, April 2, 2024 /PRNewswire/ -- Wingstop Inc. (NASDAQ: WING) today announced that it will host a conference call and webcast to discuss its fiscal first quarter 2024 financial results on Wednesday, May 1, 2024 at 10:00 a.m. ET. A press release with fiscal first quarter 2024 financial results will be issued before the market opens that morning. The conference call can be joined telephonically by dialing 1-877-259-5243 or 1-412-317-5176 (international) and asking for the Wingstop conference call. A repl ...
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 ...