Build-A-Bear Workshop (NYSE:BBW) Stock Rating Upgraded by DA Davidson

Build-A-Bear Workshop (NYSE:BBW) was upgraded by equities research analysts at DA Davidson to a “strong-buy” rating in a report issued on Thursday,Zacks.com reports.

Several other analysts also recently issued reports on BBW. StockNews.com downgraded shares of Build-A-Bear Workshop from a “buy” rating to a “hold” rating in a report on Friday, March 21st. Piper Sandler boosted their target price on shares of Build-A-Bear Workshop from $35.00 to $39.00 and gave the stock an “overweight” rating in a research report on Thursday.

Build-A-Bear Workshop Price Performance

Shares of NYSE:BBW opened at $41.77 on Thursday. The stock has a market capitalization of $551.61 million, a P/E ratio of 11.11 and a beta of 0.54. The business has a 50-day moving average of $36.88 and a two-hundred day moving average of $39.27. Build-A-Bear Workshop has a fifty-two week low of $23.63 and a fifty-two week high of $48.23.

Build-A-Bear Workshop (NYSE:BBW) last posted its earnings results on Thursday, March 13th. The specialty retailer reported $1.59 earnings per share for the quarter, topping the consensus estimate of $1.52 by $0.07. Build-A-Bear Workshop had a return on equity of 38.35% and a net margin of 10.58%. The firm had revenue of $150.45 million during the quarter, compared to analyst estimates of $147.53 million. As a group, research analysts expect that Build-A-Bear Workshop will post 3.71 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. USA Financial Formulas acquired a new stake in shares of Build-A-Bear Workshop in the fourth quarter worth $27,000. Quarry LP bought a new stake in Build-A-Bear Workshop in the 1st quarter valued at $28,000. AlphaQuest LLC grew its position in Build-A-Bear Workshop by 106.1% in the 1st quarter. AlphaQuest LLC now owns 814 shares of the specialty retailer’s stock worth $30,000 after purchasing an additional 419 shares during the last quarter. New York State Teachers Retirement System bought a new position in shares of Build-A-Bear Workshop during the 4th quarter worth about $53,000. Finally, Tower Research Capital LLC TRC increased its holdings in shares of Build-A-Bear Workshop by 494.7% during the 4th quarter. Tower Research Capital LLC TRC now owns 1,689 shares of the specialty retailer’s stock worth $78,000 after purchasing an additional 1,405 shares during the period. 79.30% of the stock is currently owned by institutional investors and hedge funds.

About Build-A-Bear Workshop

Build-A-Bear Workshop, Inc operates as a multi-channel retailer of plush animals and related products in the United States, Canada, the United Kingdom, Ireland, and internationally. The company operates through three segments: Direct-to-Consumer, Commercial, and International Franchising. Its merchandise comprises various styles of plush products to be stuffed, pre-stuffed plush products, and sounds and scents that can be added to the stuffed animals, as well as range of clothing, shoes and accessories, and other toy and novelty items, including family sleepwear.