Bank of America Securities analyst Sara Senatore maintained a Buy rating on Wingstop (WING – Research Report) today. The company’s shares opened today at $350.00.
Senatore covers the Consumer Cyclical sector, focusing on stocks such as Chipotle, Darden Restaurants, and McDonald’s. According to TipRanks, Senatore has an average return of 9.7% and a 53.85% success rate on recommended stocks.
In addition to Bank of America Securities, Wingstop also received a Buy from Robert W. Baird’s David Tarantino in a report issued on April 18. However, on April 16, Citi maintained a Hold rating on Wingstop (NASDAQ: WING).
WING market cap is currently $10.19B and has a P/E ratio of 147.79.
Based on the recent corporate insider activity of 37 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of WING in relation to earlier this year. Last month, Marisa Carona, the SVP & Chief US Franchise Ops of WING sold 2,586.00 shares for a total of $961,877.28.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Wingstop (WING) Company Description:
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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