Wedbush analyst Nick Setyan reiterated a Buy rating on Wingstop (NASDAQ:WING) on Monday, setting a price target of $175, which is approximately 16.63% above the present share price of $150.05.
Setyan expects Wingstop to post earnings per share (EPS) of $0.34 for the first quarter of 2021.
The current consensus among 17 TipRanks analysts is for a Moderate Buy rating of shares in Wingstop, with an average price target of $157.85.
The analysts price targets range from a high of $175 to a low of $149.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $63.99 million and a net profit of $14.3 million. The company's market cap is $4.45 billion.
According to TipRanks.com, Wedbush analyst Nick Setyan is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 11.3% and a 59.53% 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.