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NASDAQ:WING, a strong growth stock, setting up for a breakout.

By Mill Chart

Last update: May 14, 2024

Growth investors are on the lookout for stocks displaying robust revenue and EPS growth. In this analysis, we'll assess whether WINGSTOP INC (NASDAQ:WING) aligns with growth investing criteria, especially as it consolidates and signals a possible breakout. As always, investors should conduct their own research, but WINGSTOP INC has surfaced on our radar for growth with base formation, warranting further examination.

Growth Analysis for NASDAQ:WING

Every stock receives a Growth Rating from ChartMill, ranging from 0 to 10. This rating assesses various growth aspects, including historical and projected EPS and revenue growth. NASDAQ:WING boasts a 9 out of 10:

  • WING shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 37.80%, which is quite impressive.
  • Measured over the past years, WING shows a very strong growth in Earnings Per Share. The EPS has been growing by 24.28% on average per year.
  • The Revenue has grown by 27.44% in the past year. This is a very strong growth!
  • Measured over the past years, WING shows a very strong growth in Revenue. The Revenue has been growing by 24.60% on average per year.
  • The Earnings Per Share is expected to grow by 22.76% on average over the next years. This is a very strong growth
  • The Revenue is expected to grow by 18.00% on average over the next years. This is quite good.

Health Analysis for NASDAQ:WING

ChartMill employs a unique Health Rating system for all stocks. This rating, ranging from 0 to 10, is determined by analyzing various liquidity and solvency ratios. For NASDAQ:WING, the assigned 7 for health provides valuable insights:

  • WING has an Altman-Z score of 9.17. This indicates that WING is financially healthy and has little risk of bankruptcy at the moment.
  • The Altman-Z score of WING (9.17) is better than 98.50% of its industry peers.
  • The Debt to FCF ratio of WING (8.60) is better than 63.16% of its industry peers.
  • WING has a Current Ratio of 2.17. This indicates that WING is financially healthy and has no problem in meeting its short term obligations.
  • Looking at the Current ratio, with a value of 2.17, WING belongs to the top of the industry, outperforming 87.97% of the companies in the same industry.
  • A Quick Ratio of 2.17 indicates that WING has no problem at all paying its short term obligations.
  • WING's Quick ratio of 2.17 is amongst the best of the industry. WING outperforms 89.47% of its industry peers.

Exploring NASDAQ:WING's Profitability

ChartMill's Profitability Rating offers a unique perspective on stock analysis, providing scores from 0 to 10. These ratings consider a wide range of profitability metrics and margins, both in comparison to industry peers and on their own merits. For NASDAQ:WING, the assigned 8 is a significant indicator of profitability:

  • WING's Return On Assets of 20.20% is amongst the best of the industry. WING outperforms 96.99% of its industry peers.
  • The Return On Invested Capital of WING (29.87%) is better than 96.99% of its industry peers.
  • WING had an Average Return On Invested Capital over the past 3 years of 24.61%. This is significantly above the industry average of 10.13%.
  • The 3 year average ROIC (24.61%) for WING is below the current ROIC(29.87%), indicating increased profibility in the last year.
  • WING has a better Profit Margin (16.75%) than 90.23% of its industry peers.
  • WING has a better Operating Margin (26.58%) than 92.48% of its industry peers.
  • WING's Gross Margin of 84.86% is amongst the best of the industry. WING outperforms 94.74% of its industry peers.
  • In the last couple of years the Gross Margin of WING has grown nicely.

Why is NASDAQ:WING a setup?

ChartMill incorporates a Setup Rating in its analysis, which measures the extent of consolidation in a stock over recent days and weeks. This rating, ranging from 0 to 10, is updated daily and takes into account multiple short-term technical indicators. The current setup rating for NASDAQ:WING is 8:

WING has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 377.26, a Stop Loss order could be placed below this zone.

Our Strong Growth screener lists more Strong Growth stocks and is updated daily.

Check the latest full fundamental report of WING for a complete fundamental analysis.

For an up to date full technical analysis you can check the technical report of WING

Disclaimer

This article should in no way be interpreted as advice in any way. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.

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WINGSTOP INC

NASDAQ:WING (5/29/2024, 7:00:02 PM)

After market: 385.97 -1.05 (-0.27%)

387.02

-2.58 (-0.66%)

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