Wingstop (WING) Getting Somewhat Favorable Press Coverage, Study Shows

Press coverage about Wingstop (NASDAQ:WING) has trended somewhat positive on Sunday, Accern Sentiment Analysis reports. Accern identifies negative and positive news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Wingstop earned a media sentiment score of 0.16 on Accern’s scale. Accern also assigned news headlines about the restaurant operator an impact score of 46.7440011573453 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

Several research firms recently issued reports on WING. SunTrust Banks set a $52.00 target price on shares of Wingstop and gave the company a “buy” rating in a report on Thursday, January 11th. Stifel Nicolaus began coverage on shares of Wingstop in a report on Monday, October 2nd. They issued a “hold” rating and a $35.00 target price on the stock. BidaskClub upgraded shares of Wingstop from a “hold” rating to a “buy” rating in a report on Tuesday, December 12th. Goldman Sachs Group restated a “buy” rating and issued a $41.00 target price on shares of Wingstop in a report on Wednesday, November 29th. Finally, Jefferies Group boosted their target price on shares of Wingstop from $28.00 to $29.00 and gave the company a “hold” rating in a report on Friday, November 3rd. One research analyst has rated the stock with a sell rating, seven have given a hold rating and seven have assigned a buy rating to the stock. Wingstop currently has an average rating of “Hold” and an average target price of $40.75.

Wingstop (NASDAQ WING) opened at $44.40 on Friday. The stock has a market cap of $1,300.00 and a price-to-earnings ratio of 61.67. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of -2.37. Wingstop has a fifty-two week low of $24.74 and a fifty-two week high of $45.70.

Wingstop (NASDAQ:WING) last announced its quarterly earnings data on Thursday, November 2nd. The restaurant operator reported $0.17 earnings per share for the quarter, beating the consensus estimate of $0.15 by $0.02. Wingstop had a net margin of 20.70% and a negative return on equity of 32.39%. The firm had revenue of $26.03 million for the quarter, compared to analyst estimates of $25.13 million. During the same quarter in the prior year, the business earned $0.13 earnings per share. The business’s quarterly revenue was up 19.4% compared to the same quarter last year. equities analysts expect that Wingstop will post 0.73 EPS for the current year.

In other news, insider Flynn Dekker sold 16,350 shares of the company’s stock in a transaction dated Tuesday, November 7th. The shares were sold at an average price of $35.77, for a total transaction of $584,839.50. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Michael J. Hislop sold 5,000 shares of the company’s stock in a transaction dated Monday, December 11th. The shares were sold at an average price of $41.03, for a total transaction of $205,150.00. The disclosure for this sale can be found here. 1.76% of the stock is currently owned by corporate insiders.

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Wingstop Company Profile

Wingstop Inc is franchisor and operator of restaurants that specializes in cooked-to-order, hand-sauced and tossed chicken wings. The Company operates through two segments: Franchise and Company. As of December 31, 2016, the Company offers its guests 11 flavors on bone-in and boneless chicken wings paired with hand-cut, seasoned fries and sides.

Insider Buying and Selling by Quarter for Wingstop (NASDAQ:WING)

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