# Wingstop Inc.  Share Price Target ‘$318.50’, now -6.0% Downside Potential

- Link: https://www.directorstalkinterviews.com/wingstop-inc.share-price-target-318.50-now-6.0-downside-potential/4121145250
- Published: 2024-02-29T13:22:19+00:00
- Author: Charlotte Edwards

**Wingstop Inc.** with ticker code (WING) now have 18 analysts in total covering
the stock. The consensus rating is pointing to ‘buy’. The target price High/Low 
ranges between $395.00 and $235.00 calculating the average target share price we
see $318.50. (at the time of writing). Given that the stocks previous close was 
at $339.01 this now indicates there is a potential downside of -6.0%. The 50 day
MA is $281.34 and the 200 day moving average is $213.59. The market cap for the 
company is 10.17B. The current share price for the company is: $346.52 USD

 The potential market cap would be $9,551,118,526 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 146.83, revenue per share of $15.45
and a 18.37% return on assets.

Wingstop Inc. is a fast casual chicken wings-focused restaurant chain, with over
1,950 locations worldwide. The Company is in the business of franchising and operating
Wingstop restaurants. The Company is primarily a franchisor, with approximately 
98% of its restaurants owned and operated by independent franchisees. It offers 
classic and boneless wings, tenders, and chicken sandwiches, always cooked to order
and hand sauced-and-tossed in about 11 distinctive flavors. The Company also complements
its wings, tenders, and chicken sandwiches with seasoned fries, ranch, bleu cheese
dips, hand-cut carrots and celery. It offers various order options, including eat-
in, to go, individual, combo meals and family packs. It also developed a custom 
Website and mobile ordering application. The Company operates approximately a total
of 1,916 restaurants in 44 states and nine countries.

Share on: