TD Cowen Has Lowered Expectations for Wingstop (NASDAQ:WING) Stock Price

Wingstop (NASDAQ:WING) had its price objective lowered by stock analysts at TD Cowen from $285.00 to $175.00 in a research note issued on Wednesday,Benzinga reports. The firm currently has a “hold” rating on the restaurant operator’s stock. TD Cowen’s price target would indicate a potential upside of 5.40% from the company’s previous close.

Several other research analysts have also weighed in on the stock. Wall Street Zen upgraded shares of Wingstop from a “sell” rating to a “hold” rating in a research report on Saturday, March 21st. Royal Bank Of Canada lowered their target price on shares of Wingstop from $350.00 to $340.00 and set an “outperform” rating on the stock in a research report on Thursday, February 19th. The Goldman Sachs Group restated a “buy” rating and set a $335.00 target price on shares of Wingstop in a research report on Wednesday, February 18th. Stifel Nicolaus lowered their target price on shares of Wingstop from $325.00 to $250.00 and set a “buy” rating on the stock in a research report on Thursday, March 26th. Finally, Benchmark restated a “buy” rating on shares of Wingstop in a research report on Thursday, February 19th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Wingstop presently has a consensus rating of “Moderate Buy” and a consensus price target of $311.76.

Wingstop Stock Up 0.7%

Shares of Wingstop stock opened at $166.04 on Wednesday. Wingstop has a 52-week low of $142.24 and a 52-week high of $388.14. The company’s 50-day simple moving average is $221.49 and its 200-day simple moving average is $241.59. The firm has a market cap of $4.54 billion, a price-to-earnings ratio of 26.87, a price-to-earnings-growth ratio of 1.70 and a beta of 2.03.

Wingstop (NASDAQ:WING) last issued its quarterly earnings results on Wednesday, February 18th. The restaurant operator reported $1.00 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.84 by $0.16. Wingstop had a net margin of 25.01% and a negative return on equity of 16.12%. The business had revenue of $175.69 million for the quarter, compared to analyst estimates of $177.74 million. During the same period in the previous year, the business posted $0.92 earnings per share. The business’s revenue was up 8.6% compared to the same quarter last year. Equities research analysts anticipate that Wingstop will post 4.18 EPS for the current year.

Insider Activity at Wingstop

In other news, Director Wesley S. Mcdonald sold 566 shares of the stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $250.00, for a total value of $141,500.00. Following the sale, the director directly owned 4,375 shares in the company, valued at $1,093,750. This represents a 11.46% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Kilandigalu Madati sold 2,700 shares of the stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $260.73, for a total transaction of $703,971.00. Following the completion of the sale, the director owned 2,583 shares in the company, valued at $673,465.59. This represents a 51.11% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.72% of the stock is owned by corporate insiders.

Institutional Trading of Wingstop

Large investors have recently modified their holdings of the business. WCM Investment Management LLC grew its position in shares of Wingstop by 123.9% in the third quarter. WCM Investment Management LLC now owns 102,687 shares of the restaurant operator’s stock valued at $25,861,000 after purchasing an additional 56,833 shares during the last quarter. Lone Pine Capital LLC purchased a new position in shares of Wingstop during the third quarter valued at approximately $375,317,000. TD Asset Management Inc lifted its stake in shares of Wingstop by 17.1% during the third quarter. TD Asset Management Inc now owns 57,586 shares of the restaurant operator’s stock valued at $14,493,000 after buying an additional 8,414 shares during the period. Capital World Investors lifted its stake in shares of Wingstop by 160.6% during the third quarter. Capital World Investors now owns 740,896 shares of the restaurant operator’s stock valued at $186,469,000 after buying an additional 456,637 shares during the period. Finally, SG Americas Securities LLC lifted its stake in shares of Wingstop by 287.3% during the third quarter. SG Americas Securities LLC now owns 6,329 shares of the restaurant operator’s stock valued at $1,593,000 after buying an additional 4,695 shares during the period.

Trending Headlines about Wingstop

Here are the key news stories impacting Wingstop this week:

• Positive Sentiment: Citi upgraded WING from Neutral to Buy with a $230 price target, calling a second‑half recovery in sales and viewing the pullback as a buying opportunity. Citi Research Sees Buying Opportunity
• Positive Sentiment: Raymond James upgraded Wingstop to Strong Buy (from Outperform) and set a $240 target, signaling analysts see the recent drop as excessive and expecting a recovery. InsiderMonkey: Wingstop the Best Oversold Strong Buy
• Positive Sentiment: Marketing lift: Wingstop launched a limited‑time Citrus Mojo flavor and is tied to Coca‑Cola’s new Sprite Loco Lime co‑promotion — activations that can boost traffic and incremental sales during the campaign. Coca‑Cola & Wingstop Collaboration
• Neutral Sentiment: Morgan Stanley kept an Overweight rating but cut its price target to $265 from $345 — the firm still sees upside versus current levels, but its reduced PT signals tempered near‑term expectations. Morgan Stanley Lowers Wingstop Price Target
• Neutral Sentiment: Analyst commentary broadly frames the stock as oversold after a roughly 30–44% decline from prior highs; several outlets present the drop as a buying opportunity rather than evidence of fundamental deterioration. Blockonomi: Wall Street Sees Opportunity
• Negative Sentiment: Across coverage some price targets were materially reduced from earlier levels (examples above), which limits the near‑term upside consensus despite buy/overweight ratings—investors should note lowered analyst ceilings. MSN: Why Analyst Upgraded Wingstop

About Wingstop

Wingstop Inc (NASDAQ: WING) is a fast-casual restaurant chain specializing in chicken wings and related menu items. Founded in 1994 in Garland, Texas, the company has built its brand around bold, chef-inspired wing flavors and a streamlined service model that caters to dine-in, takeout, delivery and catering orders.

The company’s core offerings include both bone-in and boneless chicken wings tossed in a variety of proprietary rubs and sauces, such as Original Hot, Lemon Pepper, and Mango Habanero.