Latest news with #WING
Yahoo
30-07-2025
- Business
- Yahoo
Wingstop Beats Second-Quarter Estimates, Raises Unit Growth Outlook; Stock Soars
Wingstop's (WING) shares surged intraday Wednesday after the company's reported a surprise increase Sign in to access your portfolio
Yahoo
07-07-2025
- Business
- Yahoo
Is It Worth Investing in Wingstop (WING) Based on Wall Street's Bullish Views?
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter? Let's take a look at what these Wall Street heavyweights have to say about Wingstop (WING) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Wingstop currently has an average brokerage recommendation (ABR) of 1.59, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 23 brokerage firms. An ABR of 1.59 approximates between Strong Buy and Buy. Of the 23 recommendations that derive the current ABR, 15 are Strong Buy and two are Buy. Strong Buy and Buy respectively account for 65.2% and 8.7% of all recommendations. Check price target & stock forecast for Wingstop here>>> While the ABR calls for buying Wingstop, it may not be wise to make an investment decision solely based on this information. Several studies have shown limited to no success of brokerage recommendations in guiding investors to pick stocks with the best price increase potential. Are you wondering why? The vested interest of brokerage firms in a stock they cover often results in a strong positive bias of their analysts in rating it. Our research shows that for every "Strong Sell" recommendation, brokerage firms assign five "Strong Buy" recommendations. This means that the interests of these institutions are not always aligned with those of retail investors, giving little insight into the direction of a stock's future price movement. It would therefore be best to use this information to validate your own analysis or a tool that has proven to be highly effective at predicting stock price movements. With an impressive externally audited track record, our proprietary stock rating tool, the Zacks Rank, which classifies stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), is a reliable indicator of a stock's near-term price performance. So, validating the Zacks Rank with ABR could go a long way in making a profitable investment decision. Although both Zacks Rank and ABR are displayed in a range of 1--5, they are different measures altogether. Broker recommendations are the sole basis for calculating the ABR, which is typically displayed in decimals (such as 1.28). The Zacks Rank, on the other hand, is a quantitative model designed to harness the power of earnings estimate revisions. It is displayed in whole numbers -- 1 to 5. Analysts employed by brokerage firms have been and continue to be overly optimistic with their recommendations. Since the ratings issued by these analysts are more favorable than their research would support because of the vested interest of their employers, they mislead investors far more often than they guide. In contrast, the Zacks Rank is driven by earnings estimate revisions. And near-term stock price movements are strongly correlated with trends in earnings estimate revisions, according to empirical research. Furthermore, the different grades of the Zacks Rank are applied proportionately across all stocks for which brokerage analysts provide earnings estimates for the current year. In other words, at all times, this tool maintains a balance among the five ranks it assigns. There is also a key difference between the ABR and Zacks Rank when it comes to freshness. When you look at the ABR, it may not be up-to-date. Nonetheless, since brokerage analysts constantly revise their earnings estimates to reflect changing business trends, and their actions get reflected in the Zacks Rank quickly enough, it is always timely in predicting future stock prices. In terms of earnings estimate revisions for Wingstop, the Zacks Consensus Estimate for the current year has remained unchanged over the past month at $3.9. Analysts' steady views regarding the company's earnings prospects, as indicated by an unchanged consensus estimate, could be a legitimate reason for the stock to perform in line with the broader market in the near term. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for Wingstop. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> It may therefore be prudent to be a little cautious with the Buy-equivalent ABR for Wingstop. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Wingstop Inc. (WING) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Hospitality Net
11-06-2025
- Business
- Hospitality Net
TRIBE Opens New Hotel at Budapest Airport
TRIBE is set to expand its presence in Hungary and Eastern Europe with the launch of TRIBE Budapest Airport - the brand's second property in the country. Developed by WING and open in mid-May 2025, the hotel is located just steps from Budapest Liszt Ferenc International Airport and directly connected to ibis Styles Budapest Airport. Bringing TRIBE's bold, design-first spirit to Hungary's largest travel hub, the new hotel offers thoughtfully curated social spaces, fresh food and drink options, and smart essentials - all with that signature TRIBE energy. Founded in Australia in 2017, TRIBE currently has over 20 hotels in operation and more than 30 projects in development. TRIBE hotels boast functional and stylish living spaces for guests to live, work, and play, providing all the essentials for a seamless and elevated stay. Key locations include city centres and major tourist destinations, such as Amsterdam, Perth, London, Paris, and Budapest. With 167 smartly designed rooms, TRIBE Budapest Airport caters to business travellers, digital nomads, and short-stay guests seeking comfort, convenience, and a high-end feel at a fair price. Thoughtfully curated interiors feature a confident mix of sleek design, urban textures, and unexpected contrasts - the essence of TRIBE's mix & match style. A spacious restaurant and lounge can accommodate up to 140 guests, featuring an outdoor terrace for 60, making it the perfect spot to eat, meet, or unwind. Additionally, there's a rooftop skybar with panoramic views, a fitness centre on the 7th floor, a 150-seat conference room, and two meeting spaces. The building is also poised to become one of Hungary's first BREEAM-certified hotels, blending style with sustainability. Over the past 25 years, WING has become a key player in the modern real estate market of Hungary and the Central European region, developing iconic buildings that define Budapest's cityscape. As a leading real estate company in Central Europe with a strong international presence, WING is committed to long-term value creation through high-quality, sustainable, and community-focused buildings. TRIBE Budapest Airport Hotel enhances the infrastructure of Liszt Ferenc International Airport and further strengthens Budapest's role as a regional business and tourism hub. With this development, WING joins the leading real estate developers in Hungary that have delivered over 1,000 hotel rooms. This is not the first cooperation between Accor and WING. In 2018, Hungary's first - and so far, only - airport hotel with a connection to the terminal, ibis Styles Budapest Airport, was also opened in partnership with the two companies. TRIBE made its Hungary debut in 2023 with the dual-branded ibis & TRIBE Budapest Stadium at Liberty, WING's mixed-use development. WING will operate the new airport hotel under a management agreement with Accor. The architectural design of both the ibis Styles Budapest Airport Hotel and the newly built TRIBE Budapest Airport Hotel was carried out by Aspectus Architect, a subsidiary of WING. The design of the TRIBE building is based on the original sketches of lead architect László Szerdahelyi, whose vision and creativity continue to shape the project. The structural construction was carried out by Swietelsky Magyarország, with final construction and fit-out works managed by Bernecker. The interiors, designed for business and transit travellers in line with TRIBE's contemporary concept, are being created by este'r partners. Hotel website
Business Insider
30-05-2025
- Business
- Business Insider
Wingstop (WING) Receives a Buy from Wells Fargo
In a report released today, Zachary Fadem from Wells Fargo maintained a Buy rating on Wingstop (WING – Research Report), with a price target of $375.00. The company's shares opened today at $337.75. Confident Investing Starts Here: According to TipRanks, Fadem is a 5-star analyst with an average return of 9.8% and a 60.72% success rate. Fadem covers the Consumer Cyclical sector, focusing on stocks such as Wingstop, AutoZone, and Best Buy Co. In addition to Wells Fargo, Wingstop also received a Buy from Truist Financial's Jake Bartlett in a report issued on May 27. However, on May 14, Truist Financial maintained a Hold rating on Wingstop (NASDAQ: WING). The company has a one-year high of $433.86 and a one-year low of $204.00. Currently, Wingstop has an average volume of 894.6K. Based on the recent corporate insider activity of 51 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. Earlier this month, Michael Skipworth, the President & CEO of WING sold 10,000.00 shares for a total of $3,373,343.00.
Yahoo
02-05-2025
- Business
- Yahoo
WING Q1 Earnings Call: Menu Innovation and Digital Investments Offset Margin Pressure
Fast-food chain Wingstop (NASDAQ:WING) met Wall Street's revenue expectations in Q1 CY2025, with sales up 17.4% year on year to $171.1 million. Its non-GAAP profit of $0.99 per share was 14.7% above analysts' consensus estimates. Is now the time to buy WING? Find out in our full research report (it's free). Revenue: $171.1 million vs analyst estimates of $170.8 million (17.4% year-on-year growth, in line) Adjusted EPS: $0.99 vs analyst estimates of $0.87 (14.7% beat) Adjusted EBITDA: $54.19 million vs analyst estimates of $57 million (31.7% margin, 4.9% miss) Operating Margin: 22.4%, down from 29.3% in the same quarter last year Free Cash Flow Margin: 10.1%, down from 23% in the same quarter last year Locations: 2,689 at quarter end, up from 2,279 in the same quarter last year Same-Store Sales were flat year on year (21.6% in the same quarter last year) Market Capitalization: $7.25 billion Wingstop's first quarter results reflected steady revenue growth, driven by accelerated restaurant openings and progress in digital initiatives, as described by CEO Michael Skipworth. Management attributed performance to strong new guest acquisition, the successful relaunch of chicken tenders, and ongoing investments in the Wingstop Smart Kitchen. The company also highlighted the impact of difficult prior-year sales comparisons and regional consumer pullbacks, especially in lower-income and Hispanic markets, which management characterized as temporary. Looking ahead, management expects the macroeconomic environment to remain uncertain, shaping a cautious outlook for same-store sales in 2025. Skipworth and CFO Alex Kaleida emphasized continued focus on expanding unit count, brand awareness, and the upcoming loyalty program as levers for long-term growth. Kaleida noted that the Smart Kitchen rollout and digital personalization strategies are designed to improve guest experience and transaction frequency, supporting the company's goal of reaching $3 million average unit volumes (AUVs) and over 10,000 global locations. Management's remarks focused on the company's ability to deliver revenue growth through accelerated unit development and digital transformation, while navigating margin headwinds and shifts in guest behavior. Accelerated Unit Openings: Wingstop opened a record 126 new restaurants in the quarter, with franchisees' demand for growth supported by strong unit-level economics and predictable food costs. Management stated that new restaurant volumes are trending at $1.8 million, up from $1.2 million three years ago. Digital and Technology Investments: The rollout of the proprietary Wingstop Smart Kitchen platform, now in over 200 restaurants, has cut order times in half and improved consistency. Early results show higher sales and guest satisfaction versus control locations, and the company expects a full rollout by year end. Menu Innovation and Guest Acquisition: The relaunch of chicken tenders drove record new guest acquisition in March, with management noting that new tender guests exhibit behavior similar to those from the chicken sandwich launch—starting with individual visits and migrating to group occasions over time. International Expansion Momentum: Management highlighted strong results in international markets, including record-opening sales in Kuwait and rapid expansion in Puerto Rico. Plans are underway to launch in Australia and up to five new international markets in 2025. Brand Awareness Initiatives: Increased advertising spend, including a partnership with the NBA and targeted campaigns through digital channels, was cited as a key driver for brand health metrics and guest acquisition. Management noted a persistent 20-point gap in brand awareness versus competitors, underscoring ongoing marketing efforts. Management's outlook for 2025 centers on cautious expectations for same-store sales growth, with a greater emphasis on new unit development, digital engagement, and menu innovation to support future performance. Smart Kitchen Rollout Impact: The full deployment of the Smart Kitchen is expected to improve service speed and consistency, potentially unlocking new sales occasions and driving higher transaction frequency, though management has not explicitly factored its impact into second-half guidance. Loyalty Program Launch: A new loyalty program, leveraging the company's 50 million-user database, is planned for pilot in late 2025. Management expects this initiative to drive repeat visits and enhance personalized marketing. International and Franchise Expansion: Ongoing commitment to opening new markets and accelerating franchise growth, including in Australia and other international regions, is viewed as a critical long-term growth engine. Management cited strong franchisee demand and improved returns as key enablers. Jeffrey Bernstein (Barclays): Asked about the rationale behind the cautious 1% same-store sales outlook. Management attributed this to difficult prior-year comparisons and localized consumer pullbacks, emphasizing confidence in long-term strategies. David Tarantino (Baird): Inquired about the measured sales impact from the Smart Kitchen rollout. Management pointed to early positive sales divergence and improved guest satisfaction, but did not quantify the expected benefit for the remainder of 2025. Danilo Gargiulo (Bernstein): Queried on international expansion plans, specifically the timing and strategic importance of China and India. Management stated that China remains a long-term opportunity but is not prioritized currently due to the geopolitical environment; India was also cited as a significant future market. Andrew Charles (TD Cowen): Asked about the effect of development on existing store sales and the decision to move from CRM efforts to a formal loyalty program. Management indicated minimal sales transfer impact and highlighted the importance of loyalty for driving repeat behavior. Chris O'Cull (Stifel): Sought details on how Wingstop is addressing softness among Hispanic and lower-income consumers, and strategies to communicate improved service times. Management described targeted, value-driven marketing and reliance on organic guest experience improvements rather than explicit messaging about faster service. In the coming quarters, the StockStory team will monitor (1) the pace and sales impact of the Smart Kitchen rollout, (2) the pilot and development of the new loyalty program as a driver of guest retention, and (3) continued international expansion, including new market entries and franchisee momentum. We will also pay close attention to whether menu innovation sustains new guest acquisition and if marketing investments narrow the brand awareness gap. Wingstop currently trades at a forward P/E ratio of 65.4×. Should you load up, cash out, or stay put? See for yourself in our free research report. Market indices reached historic highs following Donald Trump's presidential victory in November 2024, but the outlook for 2025 is clouded by new trade policies that could impact business confidence and growth. While this has caused many investors to adopt a "fearful" wait-and-see approach, we're leaning into our best ideas that can grow regardless of the political or macroeconomic climate. Take advantage of Mr. Market by checking out our Top 5 Strong Momentum Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 175% over the last five years. Stocks that made our list in 2019 include now familiar names such as Nvidia (+2,183% between December 2019 and December 2024) as well as under-the-radar businesses like Comfort Systems (+751% five-year return). Find your next big winner with StockStory today. Sign in to access your portfolio
