Build-A-Bear Workshop (NYSE:BBW) Now Covered by Analysts at CJS Securities

CJS Securities started coverage on shares of Build-A-Bear Workshop (NYSE:BBW) in a research report sent to investors on Wednesday, Marketbeat reports. The firm issued a market outperform rating and a $70.00 price target on the specialty retailer’s stock.

BBW has been the subject of a number of other reports. Northland Securities lifted their price target on Build-A-Bear Workshop from $60.00 to $80.00 and gave the stock an “outperform” rating in a research note on Friday, August 29th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Build-A-Bear Workshop in a report on Wednesday, October 8th. Wall Street Zen downgraded Build-A-Bear Workshop from a “buy” rating to a “hold” rating in a report on Saturday, December 6th. DA Davidson dropped their price target on Build-A-Bear Workshop from $85.00 to $70.00 and set a “buy” rating on the stock in a research report on Friday, December 5th. Finally, Zacks Research cut Build-A-Bear Workshop from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 6th. Five investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $64.75.

Build-A-Bear Workshop Price Performance

BBW opened at $52.90 on Wednesday. Build-A-Bear Workshop has a 12 month low of $32.55 and a 12 month high of $75.85. The business has a 50-day moving average of $53.60 and a two-hundred day moving average of $55.38. The stock has a market capitalization of $694.51 million, a price-to-earnings ratio of 12.16 and a beta of 1.01.

Build-A-Bear Workshop (NYSE:BBW) last released its quarterly earnings data on Thursday, December 4th. The specialty retailer reported $0.62 earnings per share for the quarter, beating the consensus estimate of $0.55 by $0.07. Build-A-Bear Workshop had a return on equity of 38.62% and a net margin of 10.93%.The business had revenue of $122.68 million for the quarter, compared to analyst estimates of $124.28 million. During the same period in the previous year, the company posted $0.73 EPS. Equities research analysts anticipate that Build-A-Bear Workshop will post 3.71 earnings per share for the current year.

Build-A-Bear Workshop Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 8th. Investors of record on Wednesday, November 26th will be paid a dividend of $0.22 per share. The ex-dividend date of this dividend is Wednesday, November 26th. This represents a $0.88 annualized dividend and a yield of 1.7%. Build-A-Bear Workshop’s dividend payout ratio (DPR) is currently 20.23%.

Insider Transactions at Build-A-Bear Workshop

In other news, CEO Sharon Price John sold 30,000 shares of the firm’s stock in a transaction dated Tuesday, September 16th. The shares were sold at an average price of $73.25, for a total transaction of $2,197,500.00. Following the completion of the transaction, the chief executive officer owned 261,305 shares in the company, valued at approximately $19,140,591.25. This trade represents a 10.30% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Craig Leavitt sold 4,000 shares of the business’s stock in a transaction that occurred on Monday, October 6th. The stock was sold at an average price of $60.61, for a total transaction of $242,440.00. Following the completion of the sale, the director owned 64,142 shares in the company, valued at $3,887,646.62. The trade was a 5.87% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 61,387 shares of company stock valued at $4,417,721 in the last three months. 5.80% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Build-A-Bear Workshop

Several large investors have recently modified their holdings of the stock. Quarry LP acquired a new position in shares of Build-A-Bear Workshop in the 1st quarter valued at about $28,000. AlphaQuest LLC increased its stake in Build-A-Bear Workshop by 106.1% in the 1st quarter. AlphaQuest LLC now owns 814 shares of the specialty retailer’s stock valued at $30,000 after buying an additional 419 shares during the period. IFP Advisors Inc increased its stake in 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 buying an additional 203 shares during the period. Larson Financial Group LLC lifted its position in 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 worth $35,000 after buying an additional 444 shares in the last quarter. Finally, State of Alaska Department of Revenue purchased a new stake in shares of Build-A-Bear Workshop during the third quarter worth $45,000. 79.30% of the stock is owned by institutional investors.

Build-A-Bear Workshop Company Profile

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.