Raymond James has revised its price target for Wingstop (WING, Financial), lowering it from $315 to $292 while maintaining an "Outperform" rating on the stock. This adjustment comes as part of a broader preview of the restaurant sector's first-quarter performance.
The firm remains cautious with its approach to restaurant stocks as the earnings season approaches, anticipating uneven results across the sector. This anticipation is driven by the growing performance disparity between companies that are gaining market share and those that are falling behind.
Raymond James notes that upcoming tariff updates are expected to have a minimal direct cost and margin impact on U.S. domestic restaurants. Nonetheless, the sentiment among management teams remains cautious, influenced by the uncertain U.S. macroeconomic conditions and international market trends.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 23 analysts, the average target price for Wingstop Inc (WING, Financial) is $304.47 with a high estimate of $400.00 and a low estimate of $182.82. The average target implies an upside of 35.52% from the current price of $224.66. More detailed estimate data can be found on the Wingstop Inc (WING) Forecast page.
Based on the consensus recommendation from 26 brokerage firms, Wingstop Inc's (WING, Financial) average brokerage recommendation is currently 1.9, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Wingstop Inc (WING, Financial) in one year is $399.04, suggesting a upside of 77.62% from the current price of $224.66. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Wingstop Inc (WING) Summary page.
