Barclays analyst Jeffrey Bernstein has revised his price target for Wingstop (WING, Financial), reducing it from $315 to $260 while maintaining an Overweight rating. This adjustment comes as part of a first-quarter preview for the restaurant sector. Initial challenges were noted due to adverse weather conditions impacting comparable sales at the start of the quarter, though a partial recovery was observed in March.
The analyst highlighted a persistent softness in consumer spending, which prevented a full rebound, suggesting a deeper trend in economic behavior. While the supply chain generally shields most restaurants from tariff impacts, the potential decline in consumer demand remains a concern. Bernstein’s analysis reflects the nuanced challenges facing the restaurant industry as it navigates these economic headwinds.
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 $299.25 with a high estimate of $400.00 and a low estimate of $182.82. The average target implies an upside of 41.95% from the current price of $210.82. 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 $398.86, suggesting a upside of 89.19% from the current price of $210.82. 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.
