Wedbush analyst Nick Setyan maintained a Buy rating on Wingstop (NASDAQ:WING) on Monday, setting a price target of $140, which is approximately 20.35% above the present share price of $116.33.
Setyan expects Wingstop to post earnings per share (EPS) of $0.39 for the fourth quarter of 2020.
The current consensus among 7 TipRanks analysts is for a Moderate Buy rating of shares in Wingstop, with an average price target of $157.33.
The analysts price targets range from a high of $178 to a low of $137.
In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $66.11 million and a net profit of $19.54 million. The company's market cap is $3.44 billion.
According to TipRanks.com, Wedbush analyst Nick Setyan is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 3.5% and a 51.86% success rate.
Wingstop, Inc. is a franchisor and operator of restaurants, which engages in the provision of cooked-to-order, hand-sauced, and tossed chicken wings. It operates through Franchise and Company segments. The Franchise segment consists of domestic and international franchise restaurants. The Company segment comprises company-owned restaurants. The company was founded in 1994 and is headquartered in Dallas, TX.