Wedbush analyst Nick Setyan maintained a Buy rating on Wingstop (NASDAQ:WING) on Thursday, setting a price target of $180, which is approximately 8.36% above the present share price of $166.11.
Setyan expects Wingstop to post earnings per share (EPS) of $0.44 for the third quarter of 2021.
The current consensus among 11 TipRanks analysts is for a Moderate Buy rating of shares in Wingstop, with an average price target of $171.67.
The analysts price targets range from a high of $185 to a low of $143.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $70.69 million and a net profit of $19.8 million. The company's market cap is $4.94 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 13.8% and a 60.56% 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.