Wingstop stock jumps on same-store sales growth forecast hike, Q2 revenue beat
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Wingstop (WING) PT Raised to $360 at BMO Capital
August 1, 2024 5:04 AM EDTBMO Capital analyst Andrew Strelzik raised the price target on Wingstop (NASDAQ: WING) to $360.00 (from $345.00) while maintaining a Market Perform rating.
The analyst comments "WING's 2Q24 EPS of $0.93 exceeded consensus by $0.10 owing to meaningful comp upside and stronger unit growth. WING raised long-term global... More
Wingstop (WING) PT Raised to $415 at Morgan Stanley
July 31, 2024 4:05 PM EDTMorgan Stanley analyst John Glass raised the price target on Wingstop (NASDAQ: WING) to $415.00 (from $400.00) while maintaining a Equalweight rating.
The analyst comments "Our take: There isn't too much new to the idiosyncratic Wingstop story at this point, so we won't dwell on what's working, except to say that clearly the plan still is working, and the company remains fundamentally the best performer in our coverage on many metrics. There doesn't seem to be much change in momentum... More
Wingstop (WING) PT Raised to $423 at Truist Securities
July 31, 2024 2:37 PM EDTTruist Securities analyst Jake Bartlett raised the price target on Wingstop (NASDAQ: WING) to $423.00 (from $407.00) while maintaining a Hold rating.
The analyst comments "Following 2Q24 results (yet another big SSS and adj. EBITDA beat) we are increasing ests. and our PT to $423, from $407. WING... More
Wingstop (WING) Tops Q2 EPS by 11c, provides outlook
July 31, 2024 8:02 AM EDTWingstop (NASDAQ: WING) reported Q2 EPS of $0.93, $0.11 better than the analyst estimate of $0.82. Revenue for the quarter came in at $155.7 million versus the consensus estimate of $145.11 million.
Financial Outlook
Based on year-to-date results, the Company is providing updated guidance for... More
