On Nov 01, major Wall Street analysts update their ratings for $Wingstop (WING.US)$, with price targets ranging from $315 to $400.
Morgan Stanley analyst Brian Harbour maintains with a hold rating, and adjusts the target price from $415 to $385.
Citi analyst Jon Tower maintains with a hold rating, and adjusts the target price from $440 to $315.
Barclays analyst Jeff Bernstein maintains with a buy rating, and maintains the target price at $380.
BMO Capital analyst Andrew Strelzik maintains with a hold rating, and adjusts the target price from $275 to $335.
Oppenheimer analyst Michael Tamas maintains with a hold rating.
Furthermore, according to the comprehensive report, the opinions of $Wingstop (WING.US)$'s main analysts recently are as follows:
The recent quarterly performance of Wingstop didn't meet the high expectations, but exhibited robust strength with a 21% comp driven by traffic. Additionally, the increase in the 2024 unit guide reflects the strong demand from franchisees. The company is perceived positively despite the post-earnings sell-off, attributed to Wingstop's sustained compounding growth over the past three years.
Wingstop's Q3 earnings per share fell short due to somewhat weaker comparable sales, softer restaurant margins, and increased general and administrative expenses alongside higher taxes. Despite this, the company's overall business momentum continues to be robust, and its long-term prospects remain constant. Nevertheless, a deceleration in comparable sales could temper the stock's performance until there is clearer evidence of stabilization, considering the relationship between comparable sales and valuation.
The recent decline in Wingstop's stock price following the quarterly results is viewed by analysts as excessive. Wingstop is considered to be in a unique position within the industry to achieve transaction growth outperformance in any economic environment, both in the near and long term. Analysts maintain that the company's expected same-store sales growth outperformance will fuel industry-leading unit economics, which could lead to an uptick in unit growth and annual long-term EBITDA growth surpassing the company's own long-term projections.
The post-earnings decline in Wingstop's shares has presented an attractive entry point for investors capable of looking beyond the intense scrutiny of quarter-over-quarter comparisons. Wingstop's robust brand identity, coupled with substantial resources, positions it well to reinvigorate same-store sales. This potential growth could be supported by augmented advertising efforts, menu diversification including options like chicken sandwiches or tenders, and promotional activities such as the boneless bundle offering. Additionally, there exists an opportunity for the management to enhance earnings prospects by potentially raising the royalty rate on new units.
Here are the latest investment ratings and price targets for $Wingstop (WING.US)$ from 11 analysts:
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美東時間11月1日，多家華爾街大行更新了$Wingstop (WING.US)$的評級，目標價介於315美元至400美元。
摩根士丹利分析師Brian Harbour維持持有評級，並將目標價從415美元下調至385美元。
花旗分析師Jon Tower維持持有評級，並將目標價從440美元下調至315美元。
巴克萊銀行分析師Jeff Bernstein維持買入評級，維持目標價380美元。
BMO資本市場分析師Andrew Strelzik維持持有評級，並將目標價從275美元上調至335美元。
奧本海默控股分析師Michael Tamas維持持有評級。
此外，綜合報道，$Wingstop (WING.US)$近期主要分析師觀點如下：
近期wingstop的季度業績未能達到較高的預期，但由於交通量推動的21%同店銷售增長表現強勁。此外，2024年營業單位指南的增加反映了特許經營者強勁的需求。儘管盈利後出現拋售情況，但由於wingstop過去三年持續複合增長而被肯定爲積極表現的公司。
由於較弱的可比銷售、較低的餐廳利潤率、增加的一般行政費用以及較高的稅收，wingstop的Q3每股收益不及預期。儘管如此，公司總體業務動力持續強勁，長期前景仍然穩定。然而，可比銷售放緩可能會抑制股價表現，直到有更清晰的穩定證據，考慮到可比銷售與估值之間的關係。
分析師認爲，wingstop股價在季度業績公佈後的最近下跌被視爲過度的。wingstop被認爲在行業中處於獨特位置，能夠在任何經濟環境中實現交易增長的表現優勢，無論是近期還是長期。分析師認爲，公司預期的同店銷售增長表現將推動業內領先的單位經濟發展，並可能導致單位增長和年度長期EBITDA增長超過公司自身的長期預期。
wingstop股票盈利後的下跌爲能夠超越季節比較激烈審視的投資者提供了一個有吸引力的入場點。wingstop強大的品牌形象，加上實質性資源，使其有能力重新振興同店銷售。這種潛在增長可以通過增強廣告宣傳、包括雞肉三明治或嫩肉的選項、以及推出無骨餐包等促銷活動實現。此外，管理層可以通過可能提高新單位的特許權費率來增強盈利前景。
以下爲今日11位分析師對$Wingstop (WING.US)$的最新投資評級及目標價：
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