NASDAQ:WING qualifies as a high growth stock and is consolidating.

In this article we will dive into WINGSTOP INC (NASDAQ:WING) as a possible candidate for growth investing. Investors should always do their own research, but we noticed WINGSTOP INC showing up in our strong growth, ready to breakout screen, which makes it worth to investigate a bit more.

Growth Assessment of 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 8 out of 10:

• The Earnings Per Share has grown by an impressive 67.42% over the past year.
• Measured over the past years, WING shows a quite strong growth in Earnings Per Share. The EPS has been growing by 19.98% on average per year.
• The Revenue has grown by 38.83% in the past year. This is a very strong growth!
• The Revenue has been growing by 21.81% on average over the past years. This is a very strong growth!
• The Earnings Per Share is expected to grow by 17.32% on average over the next years. This is quite good.
• WING is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 15.25% yearly.

Health Insights: NASDAQ:WING

ChartMill assigns a Health Rating to every stock. This score ranges from 0 to 10 and evaluates the different health aspects like liquidity and solvency, both absolutely, but also relative to the industry peers. NASDAQ:WING scores a 7 out of 10:

• WING has an Altman-Z score of 4.95. This indicates that WING is financially healthy and has little risk of bankruptcy at the moment.
• Looking at the Altman-Z score, with a value of 4.95, WING belongs to the top of the industry, outperforming 92.14% of the companies in the same industry.
• With a decent Debt to FCF ratio value of 10.70, WING is doing good in the industry, outperforming 62.14% of the companies in the same industry.
• A Current Ratio of 4.05 indicates that WING has no problem at all paying its short term obligations.
• The Current ratio of WING (4.05) is better than 98.57% of its industry peers.
• WING has a Quick Ratio of 4.05. This indicates that WING is financially healthy and has no problem in meeting its short term obligations.
• Looking at the Quick ratio, with a value of 4.05, WING belongs to the top of the industry, outperforming 98.57% of the companies in the same industry.

Profitability Analysis for NASDAQ:WING

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 7 is a significant indicator of profitability:

• With an excellent Return On Assets value of 13.92%, WING belongs to the best of the industry, outperforming 92.86% of the companies in the same industry.
• WING has a Return On Invested Capital of 20.83%. This is amongst the best in the industry. WING outperforms 94.29% of its industry peers.
• Measured over the past 3 years, the Average Return On Invested Capital for WING is significantly above the industry average of 10.60%.
• Looking at the Profit Margin, with a value of 15.19%, WING belongs to the top of the industry, outperforming 89.29% of the companies in the same industry.
• WING's Operating Margin of 26.57% is amongst the best of the industry. WING outperforms 92.14% of its industry peers.
• WING has a Gross Margin of 84.00%. This is amongst the best in the industry. WING outperforms 95.00% of its industry peers.

How do we evaluate the setup for NASDAQ:WING?

ChartMill takes into account not only the Technical Rating but also assigns a Setup Rating to each stock. This rating, on a scale of 0 to 10, reflects the degree of consolidation observed based on short-term technical indicators. Currently, NASDAQ:WING exhibits a 8 setup rating, indicating its consolidation status in recent days and weeks.

WING has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 176.80. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 172.46, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.

More Strong Growth stocks can be found in our Strong Growth screener.

Our latest full fundamental report of WING contains the most current fundamental analsysis.

Our latest full technical report of WING contains the most current technical analsysis.

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.