Wingstop (NASDAQ:WING) Stock Price Down 8.1% – What’s Next?

Posted by Brian Himes on Jun 3rd, 2026

Wingstop Inc. (NASDAQ:WING – Get Free Report)’s stock price dropped 8.1% on Wednesday . The stock traded as low as $135.77 and last traded at $138.78. Approximately 124,496 shares changed hands during trading, a decline of 89% from the average daily volume of 1,144,370 shares. The stock had previously closed at $151.00.

Analyst Ratings Changes

WING has been the topic of a number of analyst reports. Benchmark cut their price objective on shares of Wingstop from $320.00 to $285.00 and set a “buy” rating on the stock in a research report on Monday, April 20th. Truist Financial set a $374.00 price target on shares of Wingstop and gave the stock a “buy” rating in a research note on Wednesday, February 18th. Royal Bank Of Canada cut their price target on shares of Wingstop from $275.00 to $250.00 and set an “outperform” rating on the stock in a report on Thursday, April 30th. Raymond James Financial raised shares of Wingstop from an “outperform” rating to a “strong-buy” rating and decreased their price objective for the stock from $325.00 to $240.00 in a research note on Thursday, April 2nd. Finally, Wells Fargo & Company dropped their target price on Wingstop from $225.00 to $200.00 and set an “overweight” rating for the company in a research report on Thursday, April 30th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $277.68.

Check Out Our Latest Stock Analysis on Wingstop

Wingstop Stock Performance

The firm has a market capitalization of $3.88 billion, a P/E ratio of 35.47, a P/E/G ratio of 1.76 and a beta of 1.82. The stock’s 50 day simple moving average is $159.51 and its 200 day simple moving average is $218.25.

Wingstop (NASDAQ:WING – Get Free Report) last posted its quarterly earnings results on Wednesday, April 29th. The restaurant operator reported $1.18 earnings per share for the quarter, beating the consensus estimate of $1.02 by $0.16. Wingstop had a net margin of 15.77% and a negative return on equity of 16.22%. The firm had revenue of $183.73 million during the quarter, compared to the consensus estimate of $187.82 million. During the same quarter in the previous year, the firm posted $0.99 earnings per share. The company’s revenue was up 7.4% on a year-over-year basis. On average, analysts anticipate that Wingstop Inc. will post 4.59 earnings per share for the current year.

Wingstop Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 5th. Stockholders of record on Friday, May 15th will be given a dividend of $0.30 per share. The ex-dividend date of this dividend is Friday, May 15th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 0.8%. Wingstop’s dividend payout ratio is presently 29.85%.

Institutional Trading of Wingstop

Several institutional investors and hedge funds have recently made changes to their positions in the company. Price T Rowe Associates Inc. MD grew its holdings in Wingstop by 2.8% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 2,111,089 shares of the restaurant operator’s stock worth $503,475,000 after acquiring an additional 58,386 shares in the last quarter. Lone Pine Capital LLC bought a new position in shares of Wingstop during the third quarter valued at approximately $375,317,000. Massachusetts Financial Services Co. MA increased its holdings in Wingstop by 48.1% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 1,405,894 shares of the restaurant operator’s stock valued at $335,292,000 after buying an additional 456,861 shares during the period. T. Rowe Price Investment Management Inc. increased its holdings in Wingstop by 6.4% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 1,173,613 shares of the restaurant operator’s stock valued at $279,895,000 after buying an additional 70,224 shares during the period. Finally, Steadfast Capital Management LP raised its stake in Wingstop by 296.2% in the third quarter. Steadfast Capital Management LP now owns 950,521 shares of the restaurant operator’s stock worth $239,227,000 after buying an additional 710,621 shares in the last quarter.

Wingstop Company Profile

(Get Free Report)

Wingstop Inc (NASDAQ: WING) is a fast-casual restaurant chain specializing in chicken wings and related menu items. Founded in 1994 in Garland, Texas, the company has built its brand around bold, chef-inspired wing flavors and a streamlined service model that caters to dine-in, takeout, delivery and catering orders.

The company’s core offerings include both bone-in and boneless chicken wings tossed in a variety of proprietary rubs and sauces, such as Original Hot, Lemon Pepper, and Mango Habanero.