Alert: New Earnings Report (7/31/24)-Wingstop Inc (NASDAQ: WING).

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For its second fiscal quarter (ending June 30), Wingstop Inc (NASDAQ: WING) has reported E.P.S. of $0.94 compared to $0.54 a year ago. E.P.S. were $3.22 for the latest four quarters through June 30 versus $2.10 for the same period a year ago.

Recent Price Action

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Wingstop Inc (NASDAQ: WING) stock declined slightly by -0.7% on 7/31/24. The stock closed at $373.88. Moreover, this decline was accompanied by exceptionally high trading volume at 314% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -2.9% during the last week.

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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