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Wingstop (WING) Advances While Market Declines: Some Information for Investors
WingstopWingstop(US:WING) ZACKSยท2024-06-21 23:20

Company Overview - Wingstop closed at $414.76, with a daily increase of 1.49%, outperforming the S&P 500 which fell by 0.16% [1] - The upcoming earnings release is anticipated, with an expected EPS of $0.78, reflecting a growth of 36.84% year-over-year, and a revenue estimate of $140.87 million, indicating a 31.45% increase compared to the same quarter last year [4] - Full-year Zacks Consensus Estimates project earnings of $3.40 per share and revenue of $588.25 million, representing year-over-year changes of +37.1% and +27.87% respectively [11] Valuation Metrics - Wingstop is currently trading at a Forward P/E ratio of 120.2, significantly higher than the industry average of 19.43, indicating a premium valuation [5] - The company has a PEG ratio of 5.23, compared to the industry average PEG ratio of 1.74 [12] Market Performance - Wingstop shares have increased by 7.23% over the last month, outperforming the Retail-Wholesale sector's gain of 1% and the S&P 500's gain of 3.15% [8] - The Zacks Rank system currently rates Wingstop as 1 (Strong Buy), with a historical average return of +25% annually for 1 rated stocks since 1988 [9] Industry Context - The Retail - Restaurants industry is currently ranked 149 out of over 250 industries, placing it in the bottom 41% [7]