UBS AG Reiterates Sell Rating for Buffalo Wild Wings, Inc. (BWLD)

Buffalo Wild Wings, Inc. (NASDAQ:BWLD)‘s stock had its “sell” rating restated by research analysts at UBS AG in a research note issued on Tuesday.

A number of other equities research analysts have also weighed in on the stock. Deutsche Bank AG raised their price target on shares of Buffalo Wild Wings from $130.00 to $135.00 and gave the company a “buy” rating in a report on Thursday, October 26th. Maxim Group raised their price target on shares of Buffalo Wild Wings from $145.00 to $160.00 and gave the company a “buy” rating in a report on Thursday, October 26th. Wedbush reaffirmed a “hold” rating on shares of Buffalo Wild Wings in a report on Friday, September 8th. Cowen and Company reaffirmed a “hold” rating and set a $110.00 price target on shares of Buffalo Wild Wings in a report on Friday, September 1st. Finally, Barclays PLC lowered their price target on shares of Buffalo Wild Wings from $177.00 to $165.00 and set an “overweight” rating for the company in a report on Wednesday, July 19th. Three investment analysts have rated the stock with a sell rating, eighteen have given a hold rating and six have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $134.67.

Shares of Buffalo Wild Wings (BWLD) traded down $1.10 during mid-day trading on Tuesday, hitting $144.25. 839,100 shares of the stock were exchanged, compared to its average volume of 521,938. Buffalo Wild Wings has a fifty-two week low of $95.00 and a fifty-two week high of $175.10. The company has a debt-to-equity ratio of 1.60, a quick ratio of 0.61 and a current ratio of 0.70. The stock has a market cap of $2,254.71, a P/E ratio of 33.57, a PEG ratio of 1.78 and a beta of 0.79.

Buffalo Wild Wings (NASDAQ:BWLD) last released its quarterly earnings results on Wednesday, October 25th. The restaurant operator reported $1.36 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.79 by $0.57. The business had revenue of $496.70 million during the quarter, compared to analyst estimates of $500.97 million. Buffalo Wild Wings had a net margin of 3.17% and a return on equity of 21.39%. The business’s revenue was up .5% on a year-over-year basis. During the same period last year, the business earned $1.23 EPS. equities analysts forecast that Buffalo Wild Wings will post 4.98 earnings per share for the current fiscal year.

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Large investors have recently modified their holdings of the stock. Public Employees Retirement System of Ohio lifted its position in Buffalo Wild Wings by 10.1% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 842 shares of the restaurant operator’s stock valued at $107,000 after purchasing an additional 77 shares during the last quarter. Macquarie Group Ltd. bought a new stake in Buffalo Wild Wings in the 3rd quarter valued at about $148,000. Riverhead Capital Management LLC lifted its position in Buffalo Wild Wings by 95.6% in the 2nd quarter. Riverhead Capital Management LLC now owns 1,565 shares of the restaurant operator’s stock valued at $198,000 after purchasing an additional 765 shares during the last quarter. LS Investment Advisors LLC lifted its position in Buffalo Wild Wings by 9.1% in the 2nd quarter. LS Investment Advisors LLC now owns 1,577 shares of the restaurant operator’s stock valued at $200,000 after purchasing an additional 131 shares during the last quarter. Finally, Flinton Capital Management LLC lifted its position in Buffalo Wild Wings by 73.5% in the 2nd quarter. Flinton Capital Management LLC now owns 1,652 shares of the restaurant operator’s stock valued at $209,000 after purchasing an additional 700 shares during the last quarter. Hedge funds and other institutional investors own 89.14% of the company’s stock.

Buffalo Wild Wings Company Profile

Buffalo Wild Wings, Inc is the owner, operator and franchisor of restaurants. As of December 25, 2016, the Company’s made-to-order menu items included 16 sauces and five seasonings, ranging from Sweet BBQ to Blazin. The Company’s restaurants offer 20 to 40 domestic and imported beers on tap, including craft brews, and a selection of bottled beers, wines and liquor.

Analyst Recommendations for Buffalo Wild Wings (NASDAQ:BWLD)

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