6 Green Days In A Row: Wingstop Stock Is Up 36%
Wingstop (WING) stock is on a 6-day winning streak, up 36.4% since the run began. That added about $1.2 billion to the company’s market value, which now stands at about $4.4 billion. The stock closed at $163.04 on Monday, November 2, 42.3% below its 52-week high of $282.76 and 66.6% above its low of $97.84.
WING Versus The S&P 500
Returns for WING and the S&P 500 over the streak and the periods around it, all ending Monday, November 2 and including dividends:
| Return Period | WING | S&P 500 |
|---|---|---|
| 1 Day | 8.9% | -0.5% |
| 6 Days (Current Streak) | 36.4% | -1.1% |
| 1 Month (21 Trading Days) | 52.5% | -2.3% |
| 3 Months (63 Trading Days) | 34.6% | -2.3% |
| Year To Date | -31.2% | 11.2% |
| 1 Year (252 Trading Days) | -23.8% | 11.8% |
How The Streak Compares With The Market
The market explains little of this: the S&P 500 lost 1.1% over the same 6 sessions, including dividends, against Wingstop’s +36.4%. Over the past three months the stock is up 34.6%, a window that includes the streak; over the other 57 sessions of that window it was essentially flat (-1.3%).
What The Numbers Say About The Rally
On the fundamentals, revenue grew 6.9% over the last twelve months, against a median of 7.4% for S&P 500 Consumer Discretionary stocks; its operating margin is 27.7%, versus a median of 14.9%; and the stock trades at 37.8 times trailing earnings against a median of 19.6. The numbers make the run harder to justify: revenue growth below the median and a multiple well above the median. At this price, the stock is asking a lot of the business.
If you are looking for strength with more behind it than a hot tape, our Guidance Momentum screen surfaces the names where management raised its own outlook.
One Hot Stock Is A Story. Thirty Sound Ones Are A Strategy
A streak like this earns a place on your watchlist, and it also earns a question: how much of your outcome do you want depending on one company keeping this up?
The Trefis High Quality (HQ) Portfolio answers it with breadth: roughly 30 businesses picked for consistent cash generation, strong margins, and balance-sheet strength, sized and rebalanced by rules. It has a track record of outpacing a benchmark that combines the S&P 500, the S&P MidCap 400, and the Russell 2000. Follow the story; invest in the strategy.