Wingstop has 'multiple fundamental levers': Goldman Sachs

Investing.com11-09

Investing.com -- Goldman Sachs analysts upgraded Wingstop Inc (NASDAQ:WING). to Buy from Neutral on Friday, projecting a 22% upside with a new 12-month price target of $377. Despite a recent 25% drop ...

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Wingstop's recent partnership with the NBA as the league's \"Official Chicken Partner\" further strengthens its visibility, presenting a catalyst to close the brand awareness gap with competitors like Chipotle , according to Goldman.They believe Wing","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU2065169927.USD":"M&G (LUX) GLOBAL MAXIMA \"A\" (USD) ACC","BK4552":"Archegos爆仓风波概念","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","WING":"Wingstop Inc.","LU0672654240.SGD":"FTIF - Franklin US Opportunities A Acc SGD-H1","LU2065731478.USD":"ALLSPRING (LUX) WORLDWIDE FUND - SMALL CAP INNOVA \"I\" (USD) ACC","IE0002270589.USD":"LEGG MASON CLEARBRIDGE VALUE \"A\" (USD) INC","BK4504":"桥水持仓","BK4209":"餐馆","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","LU0354030511.USD":"ALLSPRING  U.S. LARGE CAP GROWTH \"I\" (USD) ACC","LU0708995401.HKD":"FRANKLIN U.S. OPPORTUNITIES \"A\" (HKD) ACC","LU0354030438.USD":"富国美国大盘成长基金Cl A Acc","LU1668664300.SGD":"Blackrock World Financials A2 SGD-H","LU2237443895.HKD":"abrdn SICAV I -  GLOBAL DYNAMIC DIVIDEND \"A\" (HKD) ACC","BK4127":"投资银行业与经纪业","BK4516":"特朗普概念","IE0004086264.USD":"BNY MELLON GLOBAL OPPORTUNITIES \"A\" (USD) ACC","LU2065171311.SGD":"M&G (LUX) GLOBAL MAXIMA \"A\" (SGD) ACC","LU2237438978.USD":"Amundi Funds US Pioneer A2 (C) USD","LU0109391861.USD":"富兰克林美国机遇基金A Acc","LU1267930730.SGD":"富兰克林美国机遇基金AS Acc SGD (CPF)","LU2065171402.SGD":"M&G (LUX) GLOBAL MAXIMA \"A\" (SGD) INC","SGXZ99366536.SGD":"United Global Innovation A Acc SGD-H","IE0004091025.USD":"BNY MELLON GLOBAL OPPORTUNITIES \"B\" (USD) ACC","LU2108987350.USD":"UBS (LUX) EQUITY SICAV GLOBAL OPPORTUNITY SUSTAINABLE (USD) \"P\" (USD) ACC","IE00B19Z3581.USD":"Legg Mason ClearBridge - Value A Acc USD","LU1791807156.HKD":"BGF WORLD FINANCIALS \"A2\" (HKDHDG) ACC","LU2237443382.USD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA USD","LU0054578231.USD":"BGF SYSTEMATIC SUSTAINABLE GLOBAL SMALLCAP \"A2\" (USD) ACC","BK4585":"ETF&股票定投概念","LU2237443549.SGD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA SGD-H","BK4533":"AQR资本管理(全球第二大对冲基金)","LU2237443465.HKD":"abrdn SICAV I -  GLOBAL DYNAMIC DIVIDEND \"A\" (HKD) INC","IE00B19Z3B42.SGD":"Legg Mason ClearBridge - Value A Acc SGD","LU2237443622.USD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc USD","SGXZ51526630.SGD":"大华环球创新基金A Acc SGD","SGXZ81514606.USD":"大华环球创新基金A Acc USD","LU2065170008.USD":"M&G (LUX) GLOBAL MAXIMA \"A\" (USD) INC","LU2237443978.SGD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc SGD-H","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","IE00BFXG1179.USD":"BNY MELLON U.S. EQUITY INCOME \"B\" (USD) INC","CMG":"墨式烧烤","BK4550":"红杉资本持仓","BK4588":"碎股","LU0106831901.USD":"贝莱德世界金融基金A2"},"translate_title":"高盛：Wingstop拥有“多种基本面杠杆”","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"WING":1,"CMG":1},"content_text":"Investing.com -- Goldman Sachs analysts upgraded Wingstop Inc (NASDAQ:WING). to Buy from Neutral on Friday, projecting a 22% upside with a new 12-month price target of $377.\nDespite a recent 25% drop in stock value—contrary to the S&P 500's 3% rise—Goldman Sachs sees \"multiple fundamental levers\" supporting Wingstop's continued growth, even as investors raise concerns over slowing same-store sales growth (SSSG) in 2025.\nAnalysts anticipate Wingstop will achieve 7% SSSG in 2025, outpacing consensus by around 150 basis points.\nThis expected growth is said to be underpinned by increasing brand awareness, a strong digital presence, and higher guest frequency.\nThe bank sees a \"continued step-up in brand awareness, digital transformation, and increased guest frequency.\"\nThey state that the company's strategic push for brand awareness is clear, with advertising expenses doubling from 2021 to 2023 and increasing an additional 43% year-over-year in the first three quarters of 2024.\nWingstop's recent partnership with the NBA as the league's \"Official Chicken Partner\" further strengthens its visibility, presenting a catalyst to close the brand awareness gap with competitors like Chipotle (NYSE:CMG), according to Goldman.\nThey believe Wingstop's digital edge is another significant growth driver. With 45 million unique users in its customer database and digital sales comprising approximately 70% of total sales, Wingstop \"ranks top quartile\" in Goldman Sachs's digital scorecard.\nThe introduction of MyWingstop, a proprietary tech platform offering personalized digital experiences, aims to enhance customer frequency and engagement.\nLastly, Wingstop's unit economics offer is seen as providing robust returns for franchisees, with average unlevered cash-on-cash returns of around 70% and a payback period of two years.\nGoldman Sachs' analysis shows potential for Wingstop to expand to 6,000 U.S. units and 10,000 globally, about 2.7x and 4x its current footprint.\nRelated Articles\nWingstop has 'multiple fundamental levers': Goldman Sachs\nBrazilian firms tout U.S. plants, leaning into Trump trade wars\nTesla, Alibaba lead morning market cap stock movers on Friday","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"Business Data","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2482487325"}