Wingstop (WING) Receives a Hold from Oppenheimer


Oppenheimer analyst Michael Tamas maintained a Hold rating on Wingstop (WING) today. The company’s shares closed last Wednesday at $144.04.

According to TipRanks.com, Tamas is ranked #1888 out of 7322 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Wingstop with a $163.20 average price target, representing a 4.5% upside. In a report released yesterday, Raymond James also maintained a Hold rating on the stock.

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Based on Wingstop’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $63.99 million and net profit of $10.08 million. In comparison, last year the company earned revenue of $49.88 million and had a net profit of $5.91 million.

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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.

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