Wingstop Inc (NASDAQ: WING) has reported earnings for its first fiscal quarter (ending March 31) of $0.98 versus $0.52 for the same period a year ago — an increase of 88%. This performance was $0.08 better than the consensus estimate of $0.90. For the latest four quarters through March 31, E.P.S. were $2.82 compared to $2.01 a year ago — an increase of 40%.
Recent Price Action
On 5/1/24, Wingstop Inc (NASDAQ: WING) stock declined slightly by -0.2%, closing at $383.98. Moreover, this decline was accompanied by exceptionally high trading volume at 217% of normal. The stock has risen 5.3% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be below the cost of capital, WING is expected to be a major Value Eraser.
Wingstop is currently unrated.
Rating Review
The stock is currently unrated.
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