Wingstop Inc. (WING) closed at $236.46, reflecting a 1.2% decline in the latest trading session, underperforming the S&P 500’s loss of 0.57% and the Dow’s 1.61% decrease. Over the past month, Wingstop’s stock has dropped by 15.39%, significantly more than the Retail-Wholesale sector’s decline of 4.21%.
The company is set to release its earnings report on the upcoming date, projecting earnings of $1.04 per share, a 5.05% increase year-over-year, and revenue of approximately $190.48 million, representing an 11.33% rise compared to the same quarter last year. For the full year, analysts estimate earnings of $4.68 per share and total revenue of $801.99 million, indicating growth of 14.71% and 15.09%, respectively. Currently, Wingstop holds a Zacks Rank of #3 (Hold) with a Forward P/E ratio of 51.1, well above the industry average of 18.88.
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