20-Dec-2024
Wingstop Appoints Thomas R. Greco to Board
TipRanks (Wed, 18-Dec 4:29 PM ET)
Wingstop Announces Additional $500 Million Share Repurchase Authorization
PRNewswire (Thu, 5-Dec 4:30 PM ET)
Wingstop Inc. Announces Intention to Enter Into New Securitized Financing Facility
PRNewswire (Wed, 13-Nov 9:25 AM ET)
Wingstop Inc. Reports Fiscal Third Quarter 2024 Financial Results
PRNewswire (Wed, 30-Oct 8:00 AM ET)
WINGSTOP NAMED OFFICIAL CHICKEN PARTNER OF THE NBA AND NBA G LEAGUE
PRNewswire (Thu, 24-Oct 9:20 AM ET)
Wingstop Round-Up Donations Benefit St. Jude Children's Research Hospital This October
PRNewswire (Mon, 30-Sep 8:21 PM ET)
Wingstop Inc. To Announce Fiscal Third Quarter 2024 Financial Results On October 30, 2024
PRNewswire (Wed, 25-Sep 8:00 AM ET)
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 2,200 global stores at the end of 2023, rendering Wingstop the 31st-largest restaurant brand in the US by system sales, according to Euromonitor data. 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 December 20, 2024, WING stock price climbed to $290.67 with 565,564 million shares trading.
WING has a beta of 2.07, meaning it tends to be more sensitive to market movements. WING has a correlation of 0.36 to the broad based SPY ETF.
WING has a market cap of $8.49 billion. This is considered a Mid Cap stock.
Last quarter Wingstop reported $162 million in Revenue and $.88 earnings per share. This beat revenue expectation by $968,000 and missed earnings estimates by -$.07.
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 price return of +15.4% while the SPY ETF gained +27.8%. WING has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -30.7% and -14.5%, respectively, while the SPY returned +4.4% and -2.4%, respectively.
WING support price is $282.51 and resistance is $298.21 (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.