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Wingstop (Wingstop) Preferred Stock : $0.0 Mil (As of Dec. 2023)


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What is Wingstop Preferred Stock?

Preferred stock is a special equity security that has properties of both equity and debt. Wingstop's preferred stock for the quarter that ended in Dec. 2023 was $0.0 Mil.

The market value of preferred stock needs to be added to the market value of common stocks in the calculation of Enterprise Value. Wingstop's Enterprise Value for the quarter that ended in Dec. 2023 was $8,149.6 Mil.

In the calculation of book value, the par value of preferred stocks needs to subtracted from total equity. Wingstop's Book Value per Share for the quarter that ended in Dec. 2023 was $-15.59.

Dividends paid to preferred stocks need to be subtracted from net income in the calculation of Earnings per Share (Diluted). Wingstop's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $0.64.


Wingstop Preferred Stock Historical Data

The historical data trend for Wingstop's Preferred Stock can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Wingstop Preferred Stock Chart

Wingstop Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Preferred Stock
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Wingstop Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Wingstop Preferred Stock Calculation

Preferred Stock is a special equity security that has properties of both equity and debt. It is generally considered a hybrid instrument. Preferred stock is senior to common stock, but is subordinate to bonds in terms of claim or rights to their share of the assets of the company.

Preferred stock has priority over common stock in the payment of dividends and any payments received when a company liquidates.

Preferred stock comes in many forms. It can be:


Convertible or Non-Convertible
Cumulative or Non-Cumulative
Voting or Non-Voting
Callable or Non-Callable
Maturity Date or No Maturity Date

A preferred stock without a maturity date is called a perpetual preferred stock. These are relatively rare. A good example of perpetual preferred stock is the many series of Public Storage (PSA) preferred shares that trade on the New York Stock Exchange.

Before investing in preferred stock, it is important to know which of the above groups the stock belongs to. Is it convertible or non-convertible? Are dividends cumulative or non-cumulative?

It is also critical that an investor knows what bonds the company has in front of the preferred stock. Bondholders get paid first. So the decision to buy a preferred stock can be similar to the decision to buy a bond. But, remember, the preferred stock of a company with bonds is junior to those bonds.

Unless a preferred stock is convertible, the upside in a preferred stock investment is more limited than in a common stock investment. If a company doubles its earnings, it is usually under no more obligation to double the dividends paid to preferred shareholders than it is to double the interest paid to its bankers and bondholders.So preferred stock is very different from common stock.


Wingstop  (NAS:WING) Preferred Stock Explanation

When a company needs capital but does not wish to issue debt, they may sell preferred stocks to investors.

For instance, during the financial crisis of 2008, Goldman Sachs (GS) issued a combination of preferred stock and common stock options for $5 billion of capital to Warren Buffett’s Berkshire Hathaway (BRK.A)(BRK.B). In this deal, Berkshire Hathaway paid $5 billion for 10% cumulative perpetual preferred stock and warrants to buy 43.5 million shares of Goldman Sachs at $115 a share. Goldman Sachs bought back the preferred in 2010. Guess how much money Warren Buffett made in this deal in two years? Read How Much Did Warren Buffett’s Berkshire Hathaway (BRK.B) Make on Its Goldman Sachs (GS) Preferred Stock?

1. The market value of Preferred Stocks needs to be added to the market value of common stocks in the calculation of enterprise value.

Wingstop's Enterprise Value for the quarter that ended in Dec. 2023 is calculated as

2. In the calculation of Book Value, the par value of Preferred Stocks needs to subtracted from total equity.

Wingstop's Book Value per Share for the quarter that ended in Dec. 2023 is calculated as

3. Dividends paid to Preferred Stocks need to be subtracted from net income in the calculation of earnings per share.

Wingstop's Earnings per Share (Diluted) (EPS) for the three months ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Wingstop Preferred Stock Related Terms

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Wingstop (Wingstop) Business Description

Traded in Other Exchanges
Address
15505 Wright Brothers Drive, Addison, TX, USA, 75001
Founded in 1994 in Garland, Texas, Wingstop is a restaurant operator specializing in indulgent bone-in and boneless chicken wings, chicken tenders, fries, and recently chicken sandwiches. The firm's footprint has grown quickly since its inception, reaching nearly 2,000 global stores at the end of 2022, rendering Wingstop the 40th-largest restaurant chain in the U.S. by system sales, according to Technomic data. With a 98% franchised model, Wingstop generates the lion share of its revenue from franchise royalties and advertising fees, with the remainder derived from a small footprint of company-owned stores.
Executives
Donnie Upshaw officer: Senior Vice President, People 5501 LBJ FREEWAY, 5TH FLOOR, DALLAS TX 75420
Anne C Fischer officer: SVP, Chief Growth Officer C/O WINGSTOP INC., 15505 WRIGHT BROTHERS DRIVE, ADDISON TX 75001
Wesley S Mcdonald director
Michael Skipworth officer: Corporate Controller 5501 LBJ FREEWAY, 5TH FLOOR, DALLAS TX 75240
Raj Kapoor officer: SVP, Pres. of International C/O WINGSTOP INC., 15505 WRIGHT BROTHERS DRIVE, ADDISON TX 75001
Krishnan Anand director 1801 CALIFORNIA STREET, SUITE 4600, DENVER CO 80202
Marisa Carona officer: VP Strategy & Chief of Staff 5501 LBJ FREEWAY, 5TH FLOOR, DALLAS TX 75420
Stacy Peterson officer: Chief Information Officer 5501 LBJ FREEWAY, 5TH FLOOR, DALLAS TX 75240
Albert G Mcgrath officer: See Remarks C/O FOGO DE CHAO, INC., 14881 QUORUM DRIVE, SUITE 750, DALLAS TX 75254
Craig M Sherwood officer: SVP, U.S. Development C/O WINGSTOP INC., 15505 WRIGHT BROTHERS DRIVE, ADDISON TX 75001
Ania Smith director C/O WINGSTOP INC., 15505 WRIGHT BROTHERS DRIVE, ADDISON TX 75001
Alex Kaleida officer: SVP, Chief Financial Officer C/O WINGSTOP INC., 15505 WRIGHT BROTHERS DR, ADDISON TX 75001
Nicolas Boudet officer: See Remarks 5501 LBJ FREEWAY, 5TH FLOOR, DALLAS TX 75240
Charles R Morrison director, officer: President and CEO 3551 PLANO PKWY, THE COLONY TX 75056
Mahesh Sadarangani officer: See remarks 5501 LBJ FREEWAY, 5TH FLOOR, DALLAS TX 75240