The stock of Wingstop Inc (WING) has gone down by -4.09% for the week, with a -3.85% drop in the past month and a 43.42% rise in the past quarter. The volatility ratio for the week is 3.58%, and the volatility levels for the past 30 days are 3.66% for WING. The simple moving average for the past 20 days is -1.32% for WING’s stock, with a 50.93% simple moving average for the past 200 days.
Is It Worth Investing in Wingstop Inc (NASDAQ: WING) Right Now?
Wingstop Inc (NASDAQ: WING) has a higher price-to-earnings ratio of 149.18x compared to its average ratio, The 36-month beta value for WING is at 1.70. Analysts have varying views on the stock, with 4 analysts rating it as a “buy,” 6 rating it as “overweight,” 3 as “hold,” and 0 as “sell.”
The public float for WING is 28.60M, and currently, shorts hold a 5.83% of that float. The average trading volume for WING on April 05, 2024 was 473.17K shares.
WING) stock’s latest price update
Wingstop Inc (NASDAQ: WING)’s stock price has gone decline by -5.27 in comparison to its previous close of 370.41, however, the company has experienced a -4.09% decrease in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-03 that Wingstop (WING) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Analysts’ Opinion of WING
Many brokerage firms have already submitted their reports for WING stocks, with Bernstein repeating the rating for WING by listing it as a “Outperform.” The predicted price for WING in the upcoming period, according to Bernstein is $340 based on the research report published on February 14, 2024 of the current year 2024.
WING Trading at 6.81% from the 50-Day Moving Average
After a stumble in the market that brought WING to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -6.51% of loss for the given period.
Volatility was left at 3.66%, however, over the last 30 days, the volatility rate increased by 3.58%, as shares sank -5.01% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +23.91% upper at present.
During the last 5 trading sessions, WING fell by -4.09%, which changed the moving average for the period of 200-days by +86.48% in comparison to the 20-day moving average, which settled at $354.69. In addition, Wingstop Inc saw 36.76% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at WING starting from Carona Marisa, who sale 2,586 shares at the price of $371.96 back on Mar 08 ’24. After this action, Carona Marisa now owns 1,646 shares of Wingstop Inc, valued at $961,882 using the latest closing price.
Skipworth Michael, the President and CEO of Wingstop Inc, sale 10,843 shares at $337.40 during a trade that took place back on Feb 23 ’24, which means that Skipworth Michael is holding 17,107 shares at $3,658,438 based on the most recent closing price.
Stock Fundamentals for WING
Current profitability levels for the company are sitting at:
- 0.24 for the present operating margin
- 0.48 for the gross margin
The net margin for Wingstop Inc stands at 0.15. The total capital return value is set at 0.37.
Based on Wingstop Inc (WING), the company’s capital structure generated 2.78 points at debt to capital in total, while cash flow to debt ratio is standing at 0.17. The debt to equity ratio resting at -1.56. The interest coverage ratio of the stock is 6.18.
Currently, EBITDA for the company is 125.87 million with net debt to EBITDA at 4.96. When we switch over and look at the enterprise to sales, we see a ratio of 23.73. The receivables turnover for the company is 37.08for trailing twelve months and the total asset turnover is 1.22. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.03.
Conclusion
In conclusion, Wingstop Inc (WING) has had a mixed performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
