This summary was created by AI, based on 2 opinions in the last 12 months.
Wingstop Inc. is highlighted for its ability to maintain menu prices during a time of high inflation, a strategy that has contributed to its double-digit gains in stock. However, the stock has seen a downturn due to competition in the fast food sector, particularly from McDonald's. Despite this, some experts believe that the street is wrong and that Wingstop Inc. is a buy.
Shares have been down along with the fast food sector ever since McDonald's cut its prices and offered its Value Package on its menu. He thinks the street is wrong. This is a buy.
Peaked in May and fell back to a degree until it reported last month when it reported better than expected same-store sales and overall higher sales (not due to higher prices, but more customers). They raised their full-year forecast. Still off its May highs, pick up some shares now.
There are fears of fast food stocks suffering a death cross, heading down, but try getting a franchise from WING. Huge demand for their food.
Wingstop Inc. is a American stock, trading under the symbol WING-Q on the NASDAQ (WING). It is usually referred to as NASDAQ:WING or WING-Q
In the last year, 2 stock analysts published opinions about WING-Q. 2 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Wingstop Inc..
Wingstop Inc. was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Wingstop Inc..
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
2 stock analysts on Stockchase covered Wingstop Inc. In the last year. It is a trending stock that is worth watching.
On 2024-12-11, Wingstop Inc. (WING-Q) stock closed at a price of $330.17.
In a time of high inflation (easing now), Wingstop kept their menu prices the same while retailers around them raised theirs. This is why Wingstop has enjoyed double-digit gains in its stock, up 65% this year.