Wall Street Zen Downgrades Build-A-Bear Workshop (NYSE:BBW) to Hold

Build-A-Bear Workshop (NYSE:BBW) was downgraded by stock analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a report released on Saturday.

A number of other equities research analysts also recently weighed in on the company. DA Davidson boosted their price target on Build-A-Bear Workshop from $50.00 to $60.00 and gave the company a “buy” rating in a report on Friday, May 30th. Piper Sandler boosted their price target on Build-A-Bear Workshop from $35.00 to $39.00 and gave the company an “overweight” rating in a report on Thursday, May 15th.

Build-A-Bear Workshop Stock Up 2.8%

BBW stock opened at $47.66 on Friday. Build-A-Bear Workshop has a 52-week low of $23.63 and a 52-week high of $55.57. The stock’s 50 day moving average is $39.30 and its two-hundred day moving average is $40.04. The company has a market capitalization of $629.33 million, a PE ratio of 12.67 and a beta of 0.72.

Build-A-Bear Workshop (NYSE:BBW) last posted its quarterly earnings data on Thursday, May 29th. The specialty retailer reported $1.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.86 by $0.31. Build-A-Bear Workshop had a return on equity of 38.35% and a net margin of 10.58%. The company had revenue of $128.40 million for the quarter, compared to the consensus estimate of $118.90 million. During the same period in the previous year, the business earned $0.82 EPS. As a group, sell-side analysts anticipate that Build-A-Bear Workshop will post 3.71 EPS for the current year.

Insider Buying and Selling at Build-A-Bear Workshop

In other Build-A-Bear Workshop news, CEO Sharon Price John sold 31,250 shares of the firm’s stock in a transaction on Thursday, June 5th. The stock was sold at an average price of $45.73, for a total value of $1,429,062.50. Following the sale, the chief executive officer now directly owns 291,305 shares in the company, valued at approximately $13,321,377.65. This trade represents a 9.69% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CAO Eric R. Fencl sold 6,993 shares of the firm’s stock in a transaction on Tuesday, June 3rd. The shares were sold at an average price of $48.50, for a total value of $339,160.50. Following the completion of the sale, the chief accounting officer now owns 123,318 shares in the company, valued at $5,980,923. The trade was a 5.37% decrease in their ownership of the stock. The disclosure for this sale can be found here. 5.80% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Quarry LP acquired a new position in Build-A-Bear Workshop during the 1st quarter worth $28,000. AlphaQuest LLC boosted its position in Build-A-Bear Workshop by 106.1% during the 1st quarter. AlphaQuest LLC now owns 814 shares of the specialty retailer’s stock worth $30,000 after acquiring an additional 419 shares during the period. New York State Teachers Retirement System acquired a new position in Build-A-Bear Workshop during the 4th quarter worth $53,000. Tower Research Capital LLC TRC boosted its position in 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 acquiring an additional 1,405 shares during the period. Finally, Legal & General Group Plc boosted its position in Build-A-Bear Workshop by 26.0% during the 4th quarter. Legal & General Group Plc now owns 3,793 shares of the specialty retailer’s stock worth $175,000 after acquiring an additional 783 shares during the period. Institutional investors and hedge funds own 79.30% of the company’s stock.

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.