Brokerages Set Build-A-Bear Workshop, Inc. (NYSE:BBW) PT at $64.75

Shares of Build-A-Bear Workshop, Inc. (NYSE:BBW) have received an average recommendation of “Moderate Buy” from the six research firms that are presently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average twelve-month price target among analysts that have covered the stock in the last year is $64.75.

BBW has been the subject of several recent research reports. DA Davidson lowered their target price on shares of Build-A-Bear Workshop from $85.00 to $70.00 and set a “buy” rating for the company in a research note on Friday, December 5th. CJS Securities started coverage on shares of Build-A-Bear Workshop in a research report on Wednesday, December 10th. They set a “market outperform” rating and a $70.00 price objective for the company. Weiss Ratings reiterated a “buy (b)” rating on shares of Build-A-Bear Workshop in a research note on Tuesday, December 23rd. Zacks Research downgraded Build-A-Bear Workshop from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 6th. Finally, Wall Street Zen lowered Build-A-Bear Workshop from a “buy” rating to a “hold” rating in a report on Saturday, December 6th.

Build-A-Bear Workshop Stock Up 0.3%

Shares of NYSE BBW opened at $68.97 on Friday. The stock’s 50 day moving average price is $54.89 and its two-hundred day moving average price is $57.16. Build-A-Bear Workshop has a 52-week low of $32.55 and a 52-week high of $75.85. The stock has a market capitalization of $893.15 million, a P/E ratio of 15.85 and a beta of 1.01.

Build-A-Bear Workshop (NYSE:BBW) last issued its earnings results on Thursday, December 4th. The specialty retailer reported $0.62 EPS for the quarter, topping the consensus estimate of $0.55 by $0.07. The company had revenue of $122.68 million during the quarter, compared to analyst estimates 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 quarter last year, the firm earned $0.73 EPS. On average, analysts anticipate that Build-A-Bear Workshop will post 3.71 EPS for the current year.

Build-A-Bear Workshop Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 8th. Investors of record on Wednesday, November 26th were paid a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date was Wednesday, November 26th. Build-A-Bear Workshop’s dividend payout ratio is presently 20.23%.

Hedge Funds Weigh In On Build-A-Bear Workshop

Hedge funds and other institutional investors have recently modified their holdings of the company. IFP Advisors Inc grew its position in shares of Build-A-Bear Workshop by 68.1% during the third quarter. IFP Advisors Inc now owns 501 shares of the specialty retailer’s stock worth $33,000 after acquiring an additional 203 shares during the last quarter. Ameritas Investment Partners Inc. boosted its stake in Build-A-Bear Workshop by 19.4% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 1,270 shares of the specialty retailer’s stock valued at $65,000 after purchasing an additional 206 shares during the period. SkyView Investment Advisors LLC grew its position in Build-A-Bear Workshop by 2.1% in the 2nd quarter. SkyView Investment Advisors LLC now owns 17,065 shares of the specialty retailer’s stock worth $915,000 after purchasing an additional 356 shares during the last quarter. SummerHaven Investment Management LLC increased its stake in shares of Build-A-Bear Workshop by 1.3% in the second quarter. SummerHaven Investment Management LLC now owns 32,275 shares of the specialty retailer’s stock valued at $1,664,000 after purchasing an additional 414 shares during the period. Finally, Rafferty Asset Management LLC increased its stake in shares of Build-A-Bear Workshop by 6.0% in the second quarter. Rafferty Asset Management LLC now owns 7,284 shares of the specialty retailer’s stock valued at $376,000 after purchasing an additional 414 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 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.