Build-A-Bear Workshop, Inc. (NYSE:BBW) Receives $64.75 Average Price Target from Brokerages

Build-A-Bear Workshop, Inc. (NYSE:BBW) has been assigned a consensus recommendation of “Moderate Buy” from the six analysts that are currently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a hold rating and five have issued a buy rating on the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $64.75.

Several research firms have commented on BBW. Northland Securities lifted their price target on shares of 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. DA Davidson decreased their target price on shares of 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. Zacks Research lowered shares of Build-A-Bear Workshop from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 6th. Wall Street Zen cut Build-A-Bear Workshop from a “buy” rating to a “hold” rating in a research note on Saturday, December 6th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Build-A-Bear Workshop in a research note on Wednesday.

Insider Buying and Selling

In related news, Director Lesli Rotenberg sold 1,000 shares of the company’s stock in a transaction on Monday, October 13th. The shares were sold at an average price of $61.34, for a total transaction of $61,340.00. Following the completion of the sale, the director directly owned 9,825 shares in the company, valued at $602,665.50. This represents a 9.24% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CFO Vojin Todorovic sold 2,744 shares of the stock in a transaction on Monday, September 22nd. The shares were sold at an average price of $72.89, for a total transaction of $200,010.16. Following the sale, the chief financial officer directly owned 65,247 shares of the company’s stock, valued at $4,755,853.83. The trade was a 4.04% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 21,387 shares of company stock worth $1,487,721. 5.80% of the stock is owned by company insiders.

Hedge Funds Weigh In On Build-A-Bear Workshop

Hedge funds and other institutional investors have recently modified their holdings of the company. Quarry LP bought a new stake in shares of Build-A-Bear Workshop in the first quarter worth about $28,000. AlphaQuest LLC grew its position in shares of 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 buying an additional 419 shares during the last quarter. IFP Advisors Inc grew its position 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 worth $33,000 after buying 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% during the third quarter. Larson Financial Group LLC now owns 542 shares of the specialty retailer’s stock valued at $35,000 after buying an additional 444 shares during the period. Finally, State of Alaska Department of Revenue bought a new position in shares of Build-A-Bear Workshop during the third quarter valued at approximately $45,000. 79.30% of the stock is owned by institutional investors.

Build-A-Bear Workshop Stock Up 0.8%

NYSE BBW opened at $54.19 on Wednesday. The stock’s 50-day simple moving average is $52.69 and its two-hundred day simple moving average is $55.66. Build-A-Bear Workshop has a twelve month low of $32.55 and a twelve month high of $75.85. The company has a market capitalization of $701.80 million, a price-to-earnings ratio of 12.46 and a beta of 1.01.

Build-A-Bear Workshop (NYSE:BBW) last posted its quarterly earnings data on Thursday, December 4th. The specialty retailer reported $0.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.55 by $0.07. The firm had revenue of $122.68 million during the quarter, compared to analysts’ expectations of $124.28 million. Build-A-Bear Workshop had a return on equity of 38.43% and a net margin of 10.93%.During the same period in the prior year, the business earned $0.73 EPS. On average, equities analysts expect that Build-A-Bear Workshop will post 3.71 earnings per share for the current fiscal year.

Build-A-Bear Workshop Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, January 8th. Shareholders of record on Wednesday, November 26th will be paid a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend is Wednesday, November 26th. Build-A-Bear Workshop’s payout ratio is 20.23%.

Build-A-Bear Workshop Company Profile

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.