Wingstop (NASDAQ:WING) Trading Down 5.1% on Analyst Downgrade

04 May 2026, 10:19 by Teresa Graham · The Cerbat Gem

Wingstop Inc. (NASDAQ:WING – Get Free Report) dropped 5.1% during mid-day trading on Monday after Guggenheim lowered their price target on the stock from $255.00 to $215.00. Guggenheim currently has a buy rating on the stock. Wingstop traded as low as $154.00 and last traded at $152.5290. Approximately 73,623 shares changed hands during mid-day trading, a decline of 93% from the average daily volume of 1,069,513 shares. The stock had previously closed at $160.73.

WING has been the topic of a number of other research reports. Royal Bank Of Canada cut their target price on shares of Wingstop from $275.00 to $250.00 and set an “outperform” rating on the stock in a report on Thursday. The Goldman Sachs Group cut shares of Wingstop from a “buy” rating to a “neutral” rating and cut their target price for the stock from $290.00 to $190.00 in a report on Thursday. BNP Paribas Exane initiated coverage on shares of Wingstop in a report on Monday, March 30th. They issued an “outperform” rating and a $275.00 target price on the stock. Barclays cut their target price on shares of Wingstop from $330.00 to $235.00 and set an “overweight” rating on the stock in a report on Thursday. Finally, TD Cowen reaffirmed a “hold” rating and set a $175.00 price target on shares of Wingstop in a report on Wednesday, April 29th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Wingstop has an average rating of “Moderate Buy” and a consensus target price of $282.41.

View Our Latest Stock Analysis on WING

Insider Buying and Selling

In related news, Director Kilandigalu Madati sold 2,700 shares of the firm’s 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 transaction, the director owned 2,583 shares in the company, valued at $673,465.59. This trade represents a 51.11% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Wesley S. Mcdonald sold 566 shares of the firm’s stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $250.00, for a total transaction of $141,500.00. Following the transaction, the director owned 4,375 shares in the company, valued at $1,093,750. This represents a 11.46% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.53% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in WING. Lone Pine Capital LLC acquired a new position in shares of Wingstop during the third quarter valued at approximately $375,317,000. Steadfast Capital Management LP increased its stake in shares of Wingstop by 296.2% during the third quarter. Steadfast Capital Management LP now owns 950,521 shares of the restaurant operator’s stock valued at $239,227,000 after acquiring an additional 710,621 shares during the period. Massachusetts Financial Services Co. MA increased its stake in shares of Wingstop by 48.1% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 1,405,894 shares of the restaurant operator’s stock valued at $335,292,000 after acquiring an additional 456,861 shares during the period. Capital World Investors grew its position in Wingstop by 160.6% in the third quarter. Capital World Investors now owns 740,896 shares of the restaurant operator’s stock worth $186,469,000 after buying an additional 456,637 shares during the last quarter. Finally, Atreides Management LP acquired a new position in Wingstop in the fourth quarter worth approximately $93,012,000.

Wingstop Stock Down 5.8%

The stock has a market cap of $4.12 billion, a price-to-earnings ratio of 37.69, a price-to-earnings-growth ratio of 1.80 and a beta of 1.86. The company’s 50-day simple moving average is $195.85 and its 200-day simple moving average is $233.46.

Wingstop (NASDAQ:WING – Get Free Report) last posted its quarterly earnings results on Wednesday, April 29th. The restaurant operator reported $1.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.02 by $0.16. The firm had revenue of $183.73 million for the quarter, compared to analyst estimates of $187.82 million. Wingstop had a net margin of 15.77% and a negative return on equity of 16.22%. The firm’s quarterly revenue was up 7.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.99 earnings per share. As a group, analysts expect that Wingstop Inc. will post 4.57 EPS for the current fiscal year.

Wingstop Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 5th. Shareholders of record on Friday, May 15th will be given a $0.30 dividend. The ex-dividend date is Friday, May 15th. This represents a $1.20 annualized dividend and a yield of 0.8%. Wingstop’s payout ratio is 29.85%.

About Wingstop

(Get Free Report)

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.