Wingstop (WING) Getting Somewhat Positive News Coverage, Study Shows

Press coverage about Wingstop (NASDAQ:WING) has trended somewhat positive this week, according to Accern. The research firm ranks the sentiment of press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Wingstop earned a media sentiment score of 0.17 on Accern’s scale. Accern also assigned headlines about the restaurant operator an impact score of 46.439858231556 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

These are some of the headlines that may have effected Accern Sentiment Analysis’s analysis:

Wingstop (NASDAQ WING) opened at $43.35 on Thursday. Wingstop has a 52 week low of $24.74 and a 52 week high of $44.75. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of -2.37. The firm has a market capitalization of $1,260.00 and a P/E ratio of 60.21.

Wingstop (NASDAQ:WING) last posted its quarterly earnings results on Thursday, November 2nd. The restaurant operator reported $0.17 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.15 by $0.02. Wingstop had a negative return on equity of 32.39% and a net margin of 20.70%. The business had revenue of $26.03 million during the quarter, compared to the consensus estimate of $25.13 million. During the same period in the prior year, the company posted $0.13 EPS. The firm’s revenue for the quarter was up 19.4% compared to the same quarter last year. equities analysts anticipate that Wingstop will post 0.73 earnings per share for the current fiscal year.

The firm also recently declared a None dividend, which was paid on Tuesday, December 19th. Shareholders of record on Monday, December 4th were paid a $0.07 dividend. The ex-dividend date was Friday, December 1st. This represents a yield of 0.77%. Wingstop’s payout ratio is 19.44%.

A number of research analysts recently issued reports on WING shares. Cowen reiterated a “buy” rating and set a $41.00 price objective on shares of Wingstop in a research note on Friday, November 24th. Robert W. Baird reiterated a “buy” rating and set a $39.00 price objective on shares of Wingstop in a research note on Monday, October 9th. Stifel Nicolaus upgraded Wingstop from a “hold” rating to a “buy” rating and upped their price target for the stock from $35.00 to $40.00 in a research note on Friday, November 3rd. Goldman Sachs Group restated a “buy” rating and issued a $41.00 price target on shares of Wingstop in a research note on Wednesday, November 29th. Finally, BidaskClub upgraded Wingstop from a “hold” rating to a “buy” rating in a research note on Tuesday, December 12th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and seven have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $39.75.

In other news, Director Michael J. Hislop sold 5,000 shares of the company’s stock in a transaction that occurred on Monday, December 11th. The stock was sold at an average price of $41.03, for a total transaction of $205,150.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider Flynn Dekker sold 16,350 shares of the company’s stock in a transaction that occurred on Tuesday, November 7th. The stock was sold at an average price of $35.77, for a total value of $584,839.50. The disclosure for this sale can be found here. 1.76% of the stock is owned by corporate insiders.

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About Wingstop

Wingstop Inc is franchisor and operator of restaurants that specializes in cooked-to-order, hand-sauced and tossed chicken wings. The Company operates through two segments: Franchise and Company. As of December 31, 2016, the Company offers its guests 11 flavors on bone-in and boneless chicken wings paired with hand-cut, seasoned fries and sides.

Insider Buying and Selling by Quarter for Wingstop (NASDAQ:WING)

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