Build-A-Bear Workshop, Inc. (NYSE:BBW) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Build-A-Bear Workshop, Inc. (NYSE:BBW) has received a consensus rating of “Moderate Buy” from the five brokerages that are covering the firm, Marketbeat.com reports. Two analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $70.00.

BBW has been the subject of a number of research reports. DA Davidson reiterated a “buy” rating and set a $60.00 target price on shares of Build-A-Bear Workshop in a report on Friday, May 29th. Weiss Ratings cut Build-A-Bear Workshop from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, May 20th.

Build-A-Bear Workshop Trading Up 1.4%

Shares of NYSE:BBW opened at $34.75 on Thursday. Build-A-Bear Workshop has a 1-year low of $29.35 and a 1-year high of $75.85. The stock has a market capitalization of $435.76 million, a P/E ratio of 8.14 and a beta of 1.10. The business has a 50-day moving average price of $33.36 and a two-hundred day moving average price of $40.83.

Build-A-Bear Workshop (NYSE:BBW) last posted its quarterly earnings results on Thursday, May 28th. The specialty retailer reported $1.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.76 by $0.27. The business had revenue of $125.27 million for the quarter, compared to analyst estimates of $129.45 million. Build-A-Bear Workshop had a return on equity of 32.15% and a net margin of 10.48%. As a group, equities analysts predict that Build-A-Bear Workshop will post 4.04 EPS for the current year.

Build-A-Bear Workshop Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, July 9th. Shareholders of record on Thursday, June 25th were given a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend was Thursday, June 25th. Build-A-Bear Workshop’s payout ratio is 21.55%.

Insider Buying and Selling at Build-A-Bear Workshop

In other Build-A-Bear Workshop news, Director George Carrara sold 3,000 shares of the company’s stock in a transaction on Friday, June 5th. The shares were sold at an average price of $34.52, for a total value of $103,560.00. Following the transaction, the director directly owned 11,277 shares in the company, valued at $389,282.04. The trade was a 21.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 4.00% of the company’s stock.

Hedge Funds Weigh In On Build-A-Bear Workshop

Hedge funds have recently bought and sold shares of the business. Kestra Advisory Services LLC bought a new stake in Build-A-Bear Workshop during the fourth quarter worth $28,000. IFP Advisors Inc increased its stake in shares of Build-A-Bear Workshop by 68.1% in the 3rd quarter. IFP Advisors Inc now owns 501 shares of the specialty retailer’s stock valued at $33,000 after purchasing an additional 203 shares during the last quarter. Larson Financial Group LLC increased its stake in shares of Build-A-Bear Workshop by 453.1% in the 3rd quarter. Larson Financial Group LLC now owns 542 shares of the specialty retailer’s stock valued at $35,000 after purchasing an additional 444 shares during the last quarter. Blue Trust Inc. raised its holdings in shares of Build-A-Bear Workshop by 163.0% during the 4th quarter. Blue Trust Inc. now owns 668 shares of the specialty retailer’s stock worth $41,000 after buying an additional 414 shares in the last quarter. Finally, Canada Pension Plan Investment Board acquired a new position in shares of Build-A-Bear Workshop during the 2nd quarter worth $57,000. 79.30% of the stock is owned by institutional investors.

About Build-A-Bear Workshop

Build-A-Bear Workshop, Inc operates a specialty retail business focused on interactive “workshop” experiences that allow customers to create customized stuffed animals. Through its in-store and online platforms, the company offers a wide range of plush toys, apparel, accessories and sound modules, enabling guests to personalize each creation. In addition to its core bear products, Build-A-Bear has expanded its portfolio to include licensed characters from leading entertainment and media franchises.

Founded in 1997 by Maxine Clark and headquartered in St.