On Thursday, Wingstop announced that its chief operating officer will step down in March.
The restaurant chain specializing in chicken wings informed the Securities and Exchange Commission that Laurence Kruguer would resign effective March 7. The departure is not due to any disagreement, the company indicated in its filing.
In early December, Goldman Sachs added the stock to its conviction-buy list, and boosted its estimate for same-store sales to 12.5%, up from prior forecast of 10%.
Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where WING declined for three days, in of 282 cases, the price declined further within the following month. The odds of a continued downward trend are .
The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.
WING broke above its upper Bollinger Band on April 26, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Momentum Indicator moved above the 0 level on April 23, 2024. You may want to consider a long position or call options on WING as a result. In of 79 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for WING just turned positive on April 26, 2024. Looking at past instances where WING's MACD turned positive, the stock continued to rise in of 45 cases over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where WING advanced for three days, in of 365 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 83, placing this stock better than average.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. WING’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.000) is normal, around the industry mean (4.160). P/E Ratio (162.791) is within average values for comparable stocks, (56.501). WING's Projected Growth (PEG Ratio) (5.763) is very high in comparison to the industry average of (2.044). WING has a moderately low Dividend Yield (0.002) as compared to the industry average of (0.035). WING's P/S Ratio (24.814) is slightly higher than the industry average of (3.341).
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a company that owns and operates restaurants
Industry Restaurants