WING

Wingstop Inc

Consumer


Presented:09/14/2021
Price:$178.95
Cap:$5.32B
Current Price:$393.05
Cap:$11.52B

Presented

Date09/14/2021
Price$178.95
Market Cap$5.32B
Ent Value$5.08B
P/E Ratio190.09x
Book ValueN/A
Div Yield0.33%
Shares O/S29.75M
Ave Daily Vol310,606
Short Int7.98%

Current

Price$393.05
Market Cap$11.52B
Wingstop, Inc. is a franchisor and operator of restaurants, which engages in the provision of cooked-to-order, hand-sauced, and tossed chicken wings. It operates through Franchise and Company segments. The Franchise segment consists of domestic and international franchise restaurants. The Company segment comprises company-owned restaurants. The company was founded in 1994 and is headquartered in Dallas, TX.

Publicly traded companies mentioned herein: Wingstop Inc (WING)

Highlights

The presenter is short shares of Wingstop Inc (WING), noting that the takeout restaurant brand was a major COVID beneficiary but should decelerate in the coming months. The pandemic-driven strength drove its earnings multiple from ~65x to the current ~120x. He expects growth will decelerate and the company will have trouble hitting comps by Q4’21 or 1H’22, at which point WING’s valuation could revert back to ~65x earnings, wherein the share price would be closer to ~$115 range. 

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Idea Discussion

Commentor 1 - 2 weeks ago

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