How the stars aligned for Wingstop stock to gain 380% in 5 years [Business Insider]
Wingstop Inc. (WING)
Last wingstop inc. earnings: 2/19 07:30 am
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Source: Business Insider
The chain has been able to deliver to customers, franchisees, and shareholders, analyst says. Who knew chicken wings could be so lucrative? In the past five years, Wingstop , which is listed on the Nasdaq, saw its stock grow 380%, from $72.36 in March 2019 to $348 as of Thursday. Not the wildest 5-year rally by any means, but those are some eye-catching gains for a chicken wing-slinging, fast-food chain. Danilo Gargiulo, senior analyst of restaurants at AllianceBernstein, which is bullish on the Wingstop stock, told Business Insider that a lot of factors have gone right for the chain in the past several years and that its performance doesn't come as a surprise. "Focusing on the chicken category has been a winning story," Gargiulo said in an interview. A spokesperson for Wingstop did not respond to a request for comment. Wingstop's growth Wingstop, which was founded in Garland, Texas, in 1994, is in its infancy relative to more storied brands such as McDonald's . Still
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WING
News
- Wingstop Inc. (NASDAQ: WING) had its price target raised by analysts at Wedbush from $340.00 to $400.00. They now have an "outperform" rating on the stock.MarketBeat
- Wingstop (WING) Earnings Expected to Grow: What to Know Ahead of Next Week's Release [Yahoo! Finance]Yahoo! Finance
- Wingstop: Business Is Cruising Far But Its Stock Is Flying Too High [Seeking Alpha]Seeking Alpha
- Wingstop Inc. (NASDAQ: WING) had its "hold" rating re-affirmed by analysts at Benchmark Co..MarketBeat
- 6 Best Restaurant Stocks To Invest In [Yahoo! Finance]Yahoo! Finance
WING
Earnings
- 2/21/24 - Beat
WING
Sec Filings
- 4/4/24 - Form PX14A6G
- 4/4/24 - Form ARS
- 4/4/24 - Form DEFA14A
- WING's page on the SEC website