Wingstop Inc. (NASDAQ:WING) went up by 0.58% during the previous trading session, and it is maintaining the win ahead of Wednesday’s trading session. The share price of the Restaurants giant went up by $140.73 to trade ended Wednesday trading at $139.92. This is up from the $139.92 price recorded on Tuesday’s trading session. Its performance from the start of the year has also been positive, with WING up by 63.20% year-to-date.
Wingstop Inc. (WING) started the day trading at $140.5 and recorded an intraday high of $144.51. It also recorded an intraday low of $139.74 during Wednesday’s trading session. Wingstop Inc. is a very active stock that recorded a trading volume that is less than -16.84% of the average daily trading volume on Wednesday. The stock’s trading volume on Wednesday was 576916, which is less than -16.84 of the total average daily trading volume of 674.05K.
Wingstop Inc. (NASDAQ:WING) 2020 Performance Impressive
The increase in WING’s stock price on Wednesday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of WING currently stands at $146.13, which is higher than the current trading price of the stock by 3.7%. However, WING’s current trading price is -217.89% lower than the 52-week low price of $44.27. In terms of trading volume, Wingstop Inc. currently experienced healthy participation during the last trading session. 576916 shares of Wingstop Inc. were traded on the stock exchange on Wednesday, which is less than -16.84% of the 674.05K average trading volume of the stock.
The performance of the stock has been positive over the past year. WING’s performance over the past one year has seen it surge by 49.70%, while the stock has gone up by 56.47% in the last six months. The quarterly performance of WING currently stands at 52.45%, and it is up by 21.54% in the last month. The only positive figure was from the weekly performance, which currently reads 1.27%. At the time of writing WING’s report, the company has a total market cap of $4.21B, making it one of the largest publicly-traded companies in the world.Wingstop Inc. also has over 784 employees all over the world.
WING Insider Activities
The insider transactions over the past six months are up by 7.00%.For Wingstop Inc. insiders bought 77,398 shares in 31 transactions. In that same period, insiders sold 65,473 of their shares in 30 transactions. After these transactions, insiders at Wingstop Inc. now hold 201.76k shares, which is over 110.07% of the total company stocks. Institutional investors currently hold a large chunk of the WING shares, as they control 0.68% of the company’s total stock.
WING Fundamental Analysis
For Wingstop Inc., the stock’s diluted earnings per share (EPS) stands at 0.74. In the coming year, analysts expect the EPS to be 1.23. The EPS growth will up over the next five years to 19.55% after surging by 17.00% in the previous five years. In terms of revenue, Wingstop Inc.’s quarterly sales (YOY) is growing at 0.29, which is lower than the average annual revenue of 17.00% over the past half a decade.
The Return on Investment (ROI) on Wingstop Inc.’s stock currently stands at 37.10%, and it has a net profit margin of 10.60%. The operating margin of the company is 21.60%, and its gross margin is 79.40%.
WING Analysts Prediction
The Jefferies has a Hold rating for Wingstop Inc., predicting the stock price to stay between $70 and $83. Another analyst that has a Outperform rating for WING is Wedbush, which set a price target of between $88 and $105.
Loop Capital and Goldman also believe that Wingstop Inc.’s stock is outperforming at the moment.
WING Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of WING currently stands at 7.93%, while the SMA50 is 12.86%. The biggest one is the SMA200, which is currently reading 47.05% ahead of Wednesday’s trading session. The Relative Strength Index of this stock is 61.94, while its price to earnings ratio (P/E) is 190.18.