WING Stock Summary and Trading Ideas (Wingstop | NASDAQ:WING)

Founded in 1994 in Garland, Texas, Wingstop is a restaurant operator specializing in indulgent bone-in and boneless chicken wings, chicken tenders, fries, and, recently, chicken sandwiches. The firm's footprint has grown quickly since its inception, reaching north of 2,560 global stores at the end of 2024. With a 98% franchised model, Wingstop generates the lion share of its revenue from franchise royalties and advertising fees, with the remainder derived from a small footprint of company-owned stores.

Wingstop trades on the NASDAQ stock market under the symbol WING.

As of April 8, 2025, WING stock price climbed to $221.71 with 909,538 million shares trading.

WING has a beta of 1.10, meaning it tends to be more sensitive to market movements. WING has a correlation of 0.14 to the broad based SPY ETF.

WING has a market cap of $6.35 billion. This is considered a Mid Cap stock.

Last quarter Wingstop reported $162 million in Revenue and $.92 earnings per share. This fell short of revenue expectation by $-3 million and exceeded earnings estimates by $.05.

In the last 3 years, WING traded as high as $433.86 and as low as $67.67.

The top ETF exchange traded funds that WING belongs to (by Net Assets): IJH, VTI, VB, VXF, VBK.

WING has underperformed the market in the last year with a return of -36.4%, while the SPY ETF lost -2.9%. In the last 3 month period, WING fell short of the market, returning -21.3%, while SPY returned -15.4%. However, in the most recent 2 weeks WING has outperformed the stock market by returning -0.4%, while SPY returned -13.5%.

WING support price is $213.68 and resistance is $228.32 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that WING shares will trade within this expected range on the day.