A new trading day began on Tuesday, with Wingstop Inc (NASDAQ: WING) stock price up 0.10% from the previous day of trading, before settling in for the closing price of $368.56. WING’s price has ranged from $176.82 to $433.86 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Consumer Cyclical sector was 24.75%. Meanwhile, its annual earnings per share averaged 53.03%. With a float of $29.22 million, this company’s outstanding shares have now reached $29.34 million.
Considering the fact that the conglomerate employs 1225 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 58.25%, operating margin of 26.47%, and the pretax margin is 23.12%.
Wingstop Inc (WING) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Restaurants Industry. The insider ownership of Wingstop Inc is 0.30%, while institutional ownership is 101.71%. The most recent insider transaction that took place on Aug 08 ’24, was worth 1,192,302. In this transaction SVP Corp Restaurants & CPO of this company sold 3,199 shares at a rate of $372.71, taking the stock ownership to the 97 shares. Before that another transaction happened on Aug 08 ’24, when Company’s Officer proposed sale 3,199 for $372.71, making the entire transaction worth $1,192,302.
Wingstop Inc (WING) Recent Fiscal highlights
In its latest quarterly report, released on 6/30/2024, the company reported earnings of 0.69 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.92 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 53.03% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 28.00% during the next five years compared to 26.21% growth over the previous five years of trading.
Wingstop Inc (NASDAQ: WING) Trading Performance Indicators
Here are Wingstop Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.93. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 19.81. Likewise, its price to free cash flow for the trailing twelve months is 99.01.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.20, a number that is poised to hit 0.96 in the next quarter and is forecasted to reach 4.72 in one year’s time.
Technical Analysis of Wingstop Inc (WING)
Compared to the last year’s volume of 0.44 million, its volume of 0.5 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 25.61%. Additionally, its Average True Range was 10.34.
During the past 100 days, Wingstop Inc’s (WING) raw stochastic average was set at 30.12%, which indicates a significant increase from 21.55% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.56% in the past 14 days, which was lower than the 35.55% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $393.79, while its 200-day Moving Average is $369.65. Nevertheless, the first resistance level for the watch stands at $372.21 in the near term. At $375.48, the stock is likely to face the second major resistance level. The third major resistance level sits at $378.83. If the price goes on to break the first support level at $365.59, it is likely to go to the next support level at $362.24. Now, if the price goes above the second support level, the third support stands at $358.97.
Wingstop Inc (NASDAQ: WING) Key Stats
With a market capitalization of 10.81 billion, the company has a total of 29,304K Shares Outstanding. Currently, annual sales are 460,060 K while annual income is 70,180 K. The company’s previous quarter sales were 155,700 K while its latest quarter income was 27,490 K.
