Wingstop (WING) Scheduled to Post Earnings on Thursday

Wingstop (NASDAQ:WING) will release its earnings data after the market closes on Thursday, February 22nd. Analysts expect Wingstop to post earnings of $0.16 per share for the quarter.

Shares of Wingstop (NASDAQ WING) opened at $45.91 on Thursday. 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 company has a market cap of $1,331.09, a price-to-earnings ratio of 63.76, a price-to-earnings-growth ratio of 2.88 and a beta of 1.01. Wingstop has a 1 year low of $24.74 and a 1 year high of $49.69.

The company also recently declared a None dividend, which was paid on Wednesday, February 14th. Shareholders of record on Friday, February 9th were given a dividend of $3.17 per share. The ex-dividend date of this dividend was Thursday, February 8th. This represents a yield of 0.065849605317823%. This is a boost from Wingstop’s previous None dividend of $0.07. Wingstop’s dividend payout ratio is 19.44%.

A number of brokerages have commented on WING. BidaskClub raised shares of Wingstop from a “buy” rating to a “strong-buy” rating in a research report on Saturday, February 10th. Cowen reaffirmed an “outperform” rating and set a $51.00 price target (up previously from $46.00) on shares of Wingstop in a research report on Tuesday, February 6th. Zacks Investment Research raised shares of Wingstop from a “hold” rating to a “strong-buy” rating and set a $55.00 price target on the stock in a research report on Friday, February 2nd. Stephens reaffirmed a “buy” rating and set a $50.00 price target on shares of Wingstop in a research report on Wednesday, January 31st. Finally, Wells Fargo & Co reaffirmed an “outperform” rating and set a $52.00 price target (up previously from $37.00) on shares of Wingstop in a research report on Tuesday, January 23rd. One research analyst has rated the stock with a sell rating, five have issued a hold rating, seven have given a buy rating and two have assigned a strong buy rating to the company’s stock. Wingstop currently has an average rating of “Buy” and an average price target of $45.50.

In other news, Chairman Charles R. Morrison sold 1,476 shares of the stock in a transaction dated Thursday, February 1st. The shares were sold at an average price of $48.13, for a total transaction of $71,039.88. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Michael J. Hislop sold 5,000 shares of the stock in a transaction dated Monday, December 11th. The stock was sold at an average price of $41.03, for a total transaction of $205,150.00. The disclosure for this sale can be found here. 1.76% of the stock is owned by corporate insiders.

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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.

Earnings History for Wingstop (NASDAQ:WING)

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