Wedbush Comments on Wingstop’s Q1 Earnings (NASDAQ:WING)

Wingstop Inc. (NASDAQ:WING) – Equities research analysts at Wedbush reduced their Q1 2025 earnings per share estimates for Wingstop in a report issued on Friday, February 14th. Wedbush analyst N. Setyan now expects that the restaurant operator will post earnings per share of $1.05 for the quarter, down from their previous estimate of $1.13. Wedbush currently has a “Outperform” rating and a $390.00 target price on the stock. The consensus estimate for Wingstop’s current full-year earnings is $3.64 per share. Wedbush also issued estimates for Wingstop’s Q2 2025 earnings at $1.09 EPS, Q3 2025 earnings at $1.11 EPS, FY2025 earnings at $4.35 EPS and FY2025 earnings at $4.35 EPS.

Several other equities analysts have also commented on WING. Piper Sandler cut their price target on Wingstop from $375.00 to $300.00 and set a “neutral” rating on the stock in a research note on Monday, November 4th. TD Cowen cut their price target on Wingstop from $450.00 to $365.00 and set a “buy” rating on the stock in a research note on Thursday, October 31st. Stephens reiterated an “overweight” rating and issued a $468.00 target price on shares of Wingstop in a research note on Thursday, January 2nd. Raymond James reiterated an “outperform” rating and issued a $330.00 target price (down previously from $375.00) on shares of Wingstop in a research note on Tuesday, January 28th. Finally, Morgan Stanley upgraded Wingstop from an “equal weight” rating to an “overweight” rating and lifted their target price for the company from $385.00 to $389.00 in a research note on Tuesday, January 21st. Five investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $385.72.

Wingstop Trading Down 2.3 %

NASDAQ:WING opened at $304.69 on Monday. Wingstop has a twelve month low of $266.45 and a twelve month high of $433.86. The company has a market cap of $8.90 billion, a price-to-earnings ratio of 88.83, a price-to-earnings-growth ratio of 2.76 and a beta of 1.81. The stock has a fifty day simple moving average of $293.49 and a 200-day simple moving average of $342.88.

Wingstop declared that its Board of Directors has approved a share repurchase plan on Thursday, December 5th that permits the company to buyback $500.00 million in shares. This buyback authorization permits the restaurant operator to repurchase up to 5.1% of its stock through open market purchases. Stock buyback plans are often a sign that the company’s board of directors believes its stock is undervalued.

Insider Transactions at Wingstop

In related news, SVP Raj Kapoor sold 266 shares of the stock in a transaction on Thursday, December 12th. The stock was sold at an average price of $324.38, for a total value of $86,285.08. Following the completion of the transaction, the senior vice president now directly owns 266 shares of the company’s stock, valued at approximately $86,285.08. This represents a 50.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.36% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in WING. Verdence Capital Advisors LLC boosted its holdings in Wingstop by 3.9% during the 4th quarter. Verdence Capital Advisors LLC now owns 902 shares of the restaurant operator’s stock valued at $256,000 after acquiring an additional 34 shares during the period. Hollencrest Capital Management boosted its holdings in Wingstop by 53.8% during the 3rd quarter. Hollencrest Capital Management now owns 100 shares of the restaurant operator’s stock valued at $42,000 after acquiring an additional 35 shares during the period. Public Employees Retirement System of Ohio boosted its holdings in Wingstop by 0.3% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 11,523 shares of the restaurant operator’s stock valued at $4,794,000 after acquiring an additional 35 shares during the period. CBIZ Investment Advisory Services LLC boosted its holdings in Wingstop by 62.5% during the 4th quarter. CBIZ Investment Advisory Services LLC now owns 91 shares of the restaurant operator’s stock valued at $26,000 after acquiring an additional 35 shares during the period. Finally, V Square Quantitative Management LLC boosted its holdings in Wingstop by 34.9% during the 4th quarter. V Square Quantitative Management LLC now owns 143 shares of the restaurant operator’s stock valued at $41,000 after acquiring an additional 37 shares during the period.

Wingstop Company Profile

Wingstop Inc, together with its subsidiaries, franchises and operates restaurants under the Wingstop brand. Its restaurants offer classic wings, boneless wings, tenders, and hand-sauced-and-tossed in various flavors, as well as chicken sandwiches with fries and hand-cut carrots and celery that are cooked-to-order.