Zacks Investment Research Downgrades Build-A-Bear Workshop (BBW) to Strong Sell

Build-A-Bear Workshop (NYSE:BBW) was downgraded by Zacks Investment Research from a “hold” rating to a “strong sell” rating in a research note issued on Wednesday.

According to Zacks, “Build-A-Bear Workshop is the leading and only national company providing a make your own stuffed animal interactive retail-entertainment experience. “

Separately, ValuEngine cut Build-A-Bear Workshop from a “buy” rating to a “hold” rating in a research report on Friday, November 16th.

BBW traded down $0.32 during trading hours on Wednesday, hitting $5.56. The company’s stock had a trading volume of 171,620 shares, compared to its average volume of 83,086. Build-A-Bear Workshop has a fifty-two week low of $5.51 and a fifty-two week high of $10.45. The stock has a market cap of $91.33 million, a P/E ratio of 10.49, a P/E/G ratio of 1.39 and a beta of -0.61.

Build-A-Bear Workshop (NYSE:BBW) last posted its earnings results on Thursday, November 29th. The specialty retailer reported ($0.42) EPS for the quarter, missing the consensus estimate of ($0.12) by ($0.30). Build-A-Bear Workshop had a negative net margin of 0.66% and a negative return on equity of 0.68%. The business had revenue of $68.69 million during the quarter, compared to analyst estimates of $73.60 million. During the same quarter in the prior year, the business earned ($0.10) earnings per share. As a group, equities analysts predict that Build-A-Bear Workshop will post 0.47 EPS for the current fiscal year.

Several hedge funds have recently modified their holdings of the company. Lombard Odier Asset Management USA Corp acquired a new position in shares of Build-A-Bear Workshop during the 3rd quarter valued at $1,544,000. Man Group plc acquired a new position in shares of Build-A-Bear Workshop during the 3rd quarter valued at $215,000. Pacific Ridge Capital Partners LLC increased its position in shares of Build-A-Bear Workshop by 2.3% during the 3rd quarter. Pacific Ridge Capital Partners LLC now owns 533,333 shares of the specialty retailer’s stock valued at $4,827,000 after purchasing an additional 11,785 shares during the period. Renaissance Technologies LLC increased its position in shares of Build-A-Bear Workshop by 23.7% during the 3rd quarter. Renaissance Technologies LLC now owns 736,800 shares of the specialty retailer’s stock valued at $6,668,000 after purchasing an additional 141,000 shares during the period. Finally, Royce & Associates LP grew its holdings in shares of Build-A-Bear Workshop by 8.8% in the 3rd quarter. Royce & Associates LP now owns 489,400 shares of the specialty retailer’s stock worth $4,429,000 after acquiring an additional 39,600 shares during the last quarter. Institutional investors own 79.00% of the company’s stock.

About Build-A-Bear Workshop

Build-A-Bear Workshop, Inc operates as a specialty retailer of plush animals and related products. The company operates through three segments: Direct-to-Consumer, International Franchising, and Commercial. Its merchandise comprises a range of styles of stuffed animals; clothing, shoes, and accessories for the stuffed animals; and other toy and novelty items.

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