Wingstop's UK Expansion and Menu Collaborations Weighed Against Rich Valuation

Wingstop is expanding in the UK and Ireland, partnering with PopUp Bagels and launching new menu items like the Hot Honey Trio to appeal to younger consumers and test new flavors. The stock has a 3-year return of 61.8% and a 5-year return of 81.0%. Its price-to-analyst-target ratio is 18% below consensus, and Simply Wall St estimates the shares are 11.6% overvalued. The company is also focusing on international store openings and same-store sales growth.