Wedbush analyst Nick Setyan maintained a Buy rating on Wingstop (NASDAQ:WING) on Friday, setting a price target of $175, which is approximately 9.37% above the present share price of $160.01.
Setyan expects Wingstop to post earnings per share (EPS) of -$0.22 for the second quarter of 2021.
The current consensus among 16 TipRanks analysts is for a Moderate Buy rating of shares in Wingstop, with an average price target of $168.54.
The analysts price targets range from a high of $185 to a low of $145.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $63.28 million and a net profit of $6.99 million. The company's market cap is $4.76 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 18.4% and a 65.24% 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.