Wingstop (NASDAQ:WING) Hits New 1-Year Low - What's Next?

Market Beat
2026.05.13 09:20
portai
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Wingstop Inc. (NASDAQ:WING) reached a new 52-week low of $123.40 during trading, closing at $123.73. Analysts have downgraded the stock from 'buy' to 'neutral' with a reduced price target of $190.00. Despite a recent earnings report showing $1.18 EPS, which exceeded estimates, revenue fell short at $183.73 million. The company announced a quarterly dividend of $0.30 per share, with a yield of 1.0%. Insider selling has been noted, and institutional investors have increased their positions in the stock.