Build-A-Bear Workshop, Inc. (BBW) Receives $12.20 Average PT from Brokerages

Build-A-Bear Workshop, Inc. (NYSE:BBW) has received an average rating of “Buy” from the six analysts that are covering the stock, Marketbeat.com reports. One analyst has rated the stock with a hold recommendation, two have given a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $12.20.

BBW has been the topic of a number of recent research reports. Dougherty & Co lifted their price target on Build-A-Bear Workshop from $13.50 to $14.50 and gave the company a “buy” rating in a research note on Friday, April 28th. Zacks Investment Research upgraded Build-A-Bear Workshop from a “hold” rating to a “strong-buy” rating and set a $12.00 price objective for the company in a research report on Monday, May 1st. BMO Capital Markets restated a “neutral” rating and set a $9.00 price objective (down from $13.00) on shares of Build-A-Bear Workshop in a research report on Friday, February 17th. Piper Jaffray Companies downgraded Build-A-Bear Workshop from an “overweight” rating to a “neutral” rating and lowered their price objective for the stock from $18.00 to $10.50 in a research report on Friday, February 17th. Finally, Craig Hallum set a $15.00 target price on Build-A-Bear Workshop and gave the stock a “buy” rating in a report on Friday, February 17th.

In other news, major shareholder Point72 Asset Management, L.P. acquired 39,204 shares of the firm’s stock in a transaction dated Tuesday, May 23rd. The stock was purchased at an average price of $10.76 per share, for a total transaction of $421,835.04. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In the last 90 days, insiders have bought 142,197 shares of company stock valued at $1,515,178. Corporate insiders own 17.50% of the company’s stock.

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Dynamic Technology Lab Private Ltd bought a new position in shares of Build-A-Bear Workshop during the first quarter valued at about $108,000. Trexquant Investment LP bought a new position in shares of Build-A-Bear Workshop during the first quarter valued at about $129,000. Two Sigma Investments LP bought a new position in shares of Build-A-Bear Workshop during the fourth quarter valued at about $164,000. Federated Investors Inc. PA boosted its position in shares of Build-A-Bear Workshop by 5.0% in the fourth quarter. Federated Investors Inc. PA now owns 18,484 shares of the specialty retailer’s stock valued at $254,000 after buying an additional 872 shares during the last quarter. Finally, KBC Group NV boosted its position in Build-A-Bear Workshop by 43.0% in the first quarter. KBC Group NV now owns 29,332 shares of the specialty retailer’s stock valued at $260,000 after buying an additional 8,814 shares in the last quarter. 71.73% of the stock is currently owned by institutional investors.

Build-A-Bear Workshop (NYSE BBW) remained flat at $10.75 during mid-day trading on Tuesday. The stock had a trading volume of 96,800 shares. The stock’s 50-day moving average is $10.86 and its 200 day moving average is $11.15. The firm has a market capitalization of $167.74 million, a P/E ratio of 275.64 and a beta of -0.10. Build-A-Bear Workshop has a 12 month low of $8.05 and a 12 month high of $15.85.

Build-A-Bear Workshop (NYSE:BBW) last released its quarterly earnings data on Thursday, April 27th. The specialty retailer reported $0.17 earnings per share for the quarter, beating the consensus estimate of $0.04 by $0.13. The business had revenue of $90.60 million for the quarter, compared to analyst estimates of $87.48 million. Build-A-Bear Workshop had a return on equity of 5.28% and a net margin of 0.17%. Build-A-Bear Workshop’s revenue was down 4.6% compared to the same quarter last year. During the same period last year, the firm posted $0.22 earnings per share. On average, equities analysts forecast that Build-A-Bear Workshop will post $0.56 EPS for the current fiscal year.

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About Build-A-Bear Workshop

Build-A-Bear Workshop, Inc is primarily a specialty retailer offering a make your own stuffed animal interactive retail-entertainment experience. The Company’s segments include direct-to-consumer (DTC), international franchising and commercial. The DTC segment includes the activities of Company-owned stores in the United States, Canada, the United Kingdom, Ireland and Denmark, and other retail delivery operations, including its e-commerce sites and temporary stores.

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