72.48 -0.40 (-0.55%)
After hours: 4:11PM EDT
|Bid||60.81 x 800|
|Ask||73.23 x 800|
|Day's Range||70.64 - 73.13|
|52 Week Range||45.53 - 75.58|
|Beta (3Y Monthly)||0.75|
|PE Ratio (TTM)||99.84|
|Earnings Date||May 1, 2019 - May 6, 2019|
|Forward Dividend & Yield||0.36 (0.50%)|
|1y Target Est||70.17|
There’s a new fast-food joint in town, and its name is Wingstop. The fast-food chicken wings company is crushing competition, with growth outpacing franchises like Dunkin, Domino’s, McDonald’s, Wendy’s, and Taco Bell by 10%. Yahoo Finance's Sibile Marcellus discusses the latest.
CNBC's "Power Lunch" team is joined by Wingstop CEO Charles Morrison to discuss the company's growth, momentum, and outlook for 2019.
Wingstop announced Wednesday it has appointed two new executives — one to an expanded role and another a new addition to the leadership team.
Wingstop Inc. (WING) the award-winning wing concept with more than 1,200 locations globally, today announced that Maurice Cooper has been appointed to the newly created role of Executive Vice President, Chief Growth & Experience Officer, effective immediately. Maurice will maintain the responsibilities he held previously as Chief Marketing Officer, while also overseeing the end-to-end guest experience. Additionally, he will lead the Company’s revenue-driving initiatives, which include the national scale of delivery, and digital innovation.
After Wingstop Inc.'s (NASDAQ:WING) earnings announcement on 29 December 2018, analyst consensus outlook appear cautiously subdued, as a 5.4% rise in profits is expected in the upcoming year, compared withRead More...
The menu includes bone-in and boneless chicken wings, as well as chicken tenders, all sauced and tossed in 11 flavors.
DALLAS, March 08, 2019 -- Wingstop Inc. (NASDAQ: WING) today announced the appointment of Kate S. Lavelle to the board of directors as a new independent director, effective.
The major stock indexes were sharply mixed in early trade Thursday. Dow Jones stock Boeing soared to a new high.
While increased SG&A expenses hurt Wingstop's (WING) fourth-quarter earnings, revenues benefit from higher company-owned restaurant sales.
Wingstop knows it has a brand recognition problem. After yet another successful quarter, the company’s next step is getting its name out there. The wing restaurant plans to add more stores to its hot markets, such as Los Angeles and New York, as a way to tackle this problem. Coupled with increased advertising spend, the […]
Chicken-wing restaurant chain Wingstop missed fourth-quarter earnings forecasts despite a drop in chicken costs.
DALLAS, Feb. 27, 2019 -- Wingstop Inc. (NASDAQ: WING) today announced financial results for the fiscal fourth quarter and fiscal year ended December 29, 2018. Highlights.
NEW YORK, NY / ACCESSWIRE / February 27, 2019 / Wingstop, Inc. (NASDAQ: WING ) will be discussing their earnings results in their 2018 Fourth Quarter Earnings to be held on February 27, 2019 at 4:30 PM ...
Stacy Peterson Androes has resigned as chief experience officer at Wingstop Inc. (Nasdaq: WING), a spokesperson told National Restaurant News. Peterson Androes worked with the Dallas-based chicken wing brand for more than five years, and was appointed to the experience officer role in June 2017. "The good news is, I don’t think we have anything broken, but we have an opportunity to be more data-oriented," said Peterson Androes during an interview in 2017 after she was named to the new role.
Wingstop (WING) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Wingstop (WING), the wing and flavor experts, have been elevating flavor for years, and now, Wingstop is Where Flavor Gets Its Wings with the launch of its new brand platform and creative campaign. The brand is also kicking off the ‘Flavor World’ tour, heading across the U.S. giving out tens of thousands of freshly-made, free wings, with fun activities including a chance to step into Wingstop’s flavor world by starring in your own virtual ad or a chance to score FREE wings for a year. Wingstop, the award-winning wing concept with more than 1,250 locations worldwide, is bringing to life its vision of giving people the freedom to explore flavor without boundaries by launching Where Flavor Gets Its Wings.
Wingstop (WING) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Want to participate in a short research study? Help shape the future of investing tools and receive a $20 prize! Today we'll look at Wingstop Inc. (NASDAQ:WING) and reflect onRead More...
DALLAS, Feb. 13, 2019 -- Wingstop Inc. (NASDAQ: WING) (the “Company” or “Wingstop”) today announced that it will host a conference call and webcast to discuss its fourth.
The bear case for Chipotle Mexican Grill (NYSE:CMG) ahead of earnings seems easy to make. Chipotle stock simply looks too expensive. Chipotle's turnaround is making progress, but at 44x 2019 EPS estimates, CMG stock is pricing in all of that progress, and then some. Indeed, CMG now trades well above usually bullish analyst estimates, as James Brumley pointed out last week. It has the 32nd-highest forward P/E multiple in the S&P 500, according to finviz.com -- and even that understates the case, as REITs and MLPs (which show low net income for accounting reasons) are undervalued by that metric. In the restaurant sector as a whole, only Wingstop (NASDAQ:WING) garners a comparable valuation (and it, too, looks overvalued). That sets up an important -- and potentially dangerous -- earnings report for Chipotle on Wednesday afternoon. The 30% gains in CMG stock from December lows are building expectations for the report. 2019 guidance will be key: Chipotle's expectations must climb well above of those of analysts (and investors) to keep the rally going. InvestorPlace - Stock Market News, Stock Advice & Trading Tips I was skeptical toward CMG stock at the end of 2018 and I remain so ahead of earnings. But Chipotle has the chance to convert bears like myself with a big report on Wednesday. ### The Easy Bear Case for CMG Stock The bear case for Chipotle stock seems reasonably easy to make. The company admittedly is making some progress on its turnaround, after consumer fatigue and food safety concerns sent sales tumbling. Same-restaurant sales are up 3.3% so far this year, according to the 10-Q, with a solid 4.4% print in Q3. * 7 Stocks That Won Super Bowl Sunday But CMG stock, again, is trading at 40x-plus next year's earnings. It's nearly 10% above consensus Wall Street price targets. The highest of 25 analyst targets, per data from Yahoo! Finance, only suggests about 15% upside. And of late, several of those analysts have advised caution themselves. On Tuesday, Oppenheimer called out both valuation and Q4 numbers as risks. The day before, Wedbush wrote, "We have never seen such a divergence between our [channel] checks and buy-side expectations in the history of our coverage of any restaurant." Those analysts seem to suggest that near-term expectations are too high. Yet the valuation here implies that even meeting expectations -- a small beat in Q4 perhaps, and full-year 2019 guidance in the range of current estimates -- probably isn't enough. To move higher from here, CMG stock needs a blowout Q4 and above-consensus 2019 guidance. That seems like a lot to ask given those analyst concerns and the fact that Chipotle's performance of late hasn't been that impressive. Comparable sales numbers seem solid but are coming mostly from pricing increases. Traffic remains reasonably flat. Given the fixed-cost nature of restaurants, better-than-expected visitations can help margins and earnings, but it's hard to argue that success on that front isn't priced in to some extent. And with the options market perhaps surprisingly pricing in just a 7% move in CMG this week, investors seem too sanguine about the potential downside here if Chipotle misses. ### The Case for Chipotle Stock That said, Chipotle does have a chance to change the narrative around CMG stock. Much of the gains of late -- Chipotle stock is up almost 70% over the past year -- have come from optimism toward 2019 and 2020, not necessarily 2018 results. Again, I'm skeptical toward that optimism. But traders looking at the "easy" bull case here ought to remember that the short thesis might be too easy. Investors buying shares at $500 know that Chipotle looks expensive. They know the stock has outrun the Street. * 10 F-Rated Stocks That Could Break Your Portfolio And those investors have a path to being proven right as soon as Wednesday afternoon. If Chipotle's outlook matches those of the bulls, the growth story here re-emerges. A big Q4 leads to stories about how Chipotle's traffic growth is returning and how the company might finally be putting those food safety issues in the rearview mirror. It might seem on its face that 40x-plus earnings already prices in that new narrative. But it's important to remember that incremental margins for "fast casual" are quite high. Each extra visit to a Chipotle restaurant adds quite a bit of operating profit. If traffic returns, sales will accelerate, margins will expand, and CMG stock could move higher. Remember that this was a $700-plus stock just a few years ago. ### A Big Report While I understand the bull case for CMG into and out of earnings, I still see at least some of the company's potential as priced in by the run of the past few weeks. And from here, relatively light premiums on puts and put spreads suggest a potential bearish/short trade ahead of the report (for investors who understand the risks and option strategies required). Either way, this seems likely to be a key report for Chipotle. A Q4 beat and better-than-expected 2019 guidance mean the "turnaround" story strengthens, and investors of all stripes start treating CMG like a growth stock again. Anything less and Chipotle's growth outlook appears much more moderate. The once-leader in fast casual looks more like other fallen angels in the space, and the 40x-plus forward P/E multiple likely doesn't hold. So far, CMG has had a big 2019. Without a huge report on Wednesday afternoon, the rest of the year isn't going to be nearly as positive. As of this writing, Vince Martin has no positions in any securities mentioned. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 F-Rated Stocks That Could Break Your Portfolio * 5 Fintech Stocks to Buy As This Mega Trend Gains Steam * 10 Cold Weather Stocks to Heat Up Your Returns Compare Brokers The post Chipotle Stock Looks Dangerous Ahead of Earnings appeared first on InvestorPlace.
IBD Stock of the Day: After a failed breakout last month, Wingstop is rebounding bullishly from key support as it works on a new handle and buy point.