Wedbush analyst Nick Setyan maintained a Buy rating on Wingstop (NASDAQ:WING) on Monday, setting a price target of $130, which is approximately 10.75% above the present share price of $117.38.
Setyan expects Wingstop to post earnings per share (EPS) of $0.27 for the second quarter of 2020.
The current consensus among 13 TipRanks analysts is for a Moderate Buy rating of shares in Wingstop, with an average price target of $125.58.
The analysts price targets range from a high of $140 to a low of $105.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $55.44 million and a net profit of $13.47 million. The company's market cap is $3.47 billion.
According to TipRanks.com, Wedbush analyst Nick Setyan is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 1.3% and a 52.48% 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.