# Wingstop Inc.  Share Price Target ‘$407.04’, now -2.7% Downside Potential

- Link: https://www.directorstalkinterviews.com/wingstop-inc.share-price-target-407.04-now-2.7-downside-potential/4121163920
- Published: 2024-07-05T15:34:21+01:00
- Author: Charlotte Edwards

**Wingstop Inc.** which can be found using ticker (WING) now have 18 confirmed analysts
covering the stock with the consensus suggesting a rating of ‘buy’. The range between
the high target price and low target price is between $461.00 and $325.00 calculating
the mean target share price we have $407.04. (at the time of writing). Now with 
the previous closing price of $418.49 this would imply there is a potential downside
of -2.7%. There is a 50 day moving average of $394.36 and the 200 day MA is $299.07.
The total market capitalization for the company now stands at 12.28B. The stock 
price for the company is currently $418.05 USD

 The potential market cap would be $11,942,195,707 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 149.3, revenue per share of $16.78
and a 19.12% 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.

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