Wall Street analysts expect Wingstop Inc (NASDAQ:WING) to post $27.95 million in sales for the current fiscal quarter, according to Zacks. Six analysts have made estimates for Wingstop’s earnings. The highest sales estimate is $28.98 million and the lowest is $27.32 million. Wingstop posted sales of $24.75 million in the same quarter last year, which would indicate a positive year-over-year growth rate of 12.9%. The business is expected to report its next quarterly earnings results on Thursday, March 1st.

According to Zacks, analysts expect that Wingstop will report full year sales of $27.95 million for the current financial year, with estimates ranging from $104.55 million to $106.25 million. For the next year, analysts anticipate that the company will post sales of $115.31 million per share, with estimates ranging from $112.10 million to $117.54 million. Zacks Investment Research’s sales calculations are a mean average based on a survey of research analysts that that provide coverage for Wingstop.

Wingstop (NASDAQ:WING) last posted its quarterly earnings results on Thursday, November 2nd. The restaurant operator reported $0.17 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.15 by $0.02. The company had revenue of $26.03 million during the quarter, compared to analyst estimates of $25.13 million. Wingstop had a net margin of 20.70% and a negative return on equity of 32.39%. The firm’s revenue for the quarter was up 19.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.13 earnings per share.

A number of equities analysts have weighed in on WING shares. Robert W. Baird reiterated a “buy” rating and set a $39.00 target price on shares of Wingstop in a research report on Monday, October 9th. Stifel Nicolaus raised shares of Wingstop from a “hold” rating to a “buy” rating and increased their price target for the stock from $35.00 to $40.00 in a report on Friday, November 3rd. Zacks Investment Research downgraded shares of Wingstop from a “hold” rating to a “sell” rating in a research note on Wednesday, October 18th. Longbow Research started coverage on shares of Wingstop in a research note on Friday, October 13th. They set a “neutral” rating on the stock. Finally, Jefferies Group reissued a “hold” rating and set a $28.00 price target on shares of Wingstop in a research note on Thursday, October 12th. Five equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of $37.50.

In other Wingstop news, insider Lawrence Kruguer sold 10,526 shares of the company’s stock in a transaction that occurred on Thursday, September 14th. The stock was sold at an average price of $33.67, for a total value of $354,410.42. Following the completion of the transaction, the insider now directly owns 22,116 shares in the company, valued at approximately $744,645.72. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Michael J. Hislop sold 5,000 shares of the company’s stock in a transaction that occurred on Monday, December 11th. The stock was sold at an average price of $41.03, for a total value of $205,150.00. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 31,876 shares of company stock valued at $1,144,400. 1.76% of the stock is currently owned by corporate insiders.

A number of large investors have recently added to or reduced their stakes in WING. Goldman Sachs Group Inc. raised its holdings in Wingstop by 56.3% during the 2nd quarter. Goldman Sachs Group Inc. now owns 1,453,769 shares of the restaurant operator’s stock valued at $44,921,000 after buying an additional 523,811 shares during the period. Marshall Wace North America L.P. bought a new position in shares of Wingstop during the 2nd quarter worth $11,947,000. CI Investments Inc. bought a new position in shares of Wingstop during the 3rd quarter worth $11,977,000. Dimensional Fund Advisors LP boosted its position in Wingstop by 334.0% during the second quarter. Dimensional Fund Advisors LP now owns 393,908 shares of the restaurant operator’s stock valued at $12,172,000 after purchasing an additional 303,156 shares in the last quarter. Finally, Koch Industries Inc. bought a new stake in Wingstop during the second quarter valued at about $286,000.

Wingstop (WING) opened at $42.08 on Wednesday. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of -2.37. The firm has a market cap of $1,240.00 and a PE ratio of 56.53. Wingstop has a 1 year low of $24.74 and a 1 year high of $42.74.

The business also recently disclosed a None dividend, which will be paid on Tuesday, December 19th. Investors of record on Monday, December 4th will be paid a dividend of $0.07 per share. The ex-dividend date of this dividend is Friday, December 1st. This represents a dividend yield of 0.77%. Wingstop’s dividend payout ratio (DPR) is presently 19.44%.

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Wingstop Company Profile

Wingstop Inc is franchisor and operator of restaurants that specializes in cooked-to-order, hand-sauced and tossed chicken wings. The Company operates through two segments: Franchise and Company. As of December 31, 2016, the Company offers its guests 11 flavors on bone-in and boneless chicken wings paired with hand-cut, seasoned fries and sides.

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Earnings History and Estimates for Wingstop (NASDAQ:WING)

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