Build-A-Bear Workshop (NYSE:BBW) Upgraded at Zacks Research

Zacks Research upgraded shares of Build-A-Bear Workshop (NYSE:BBW) from a strong sell rating to a hold rating in a research note released on Tuesday morning,Zacks.com reports.

Several other equities analysts have also recently weighed in on BBW. DA Davidson cut their price target on Build-A-Bear Workshop from $85.00 to $70.00 and set a “buy” rating for the company in a report on Friday, December 5th. Weiss Ratings reiterated a “buy (b)” rating on shares of Build-A-Bear Workshop in a research report on Tuesday, December 23rd. CJS Securities started coverage on shares of Build-A-Bear Workshop in a report on Wednesday, December 10th. They issued a “market outperform” rating and a $70.00 target price for the company. Finally, Wall Street Zen downgraded shares of Build-A-Bear Workshop from a “buy” rating to a “hold” rating in a research note on Saturday, December 6th. Five investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $64.75.

Build-A-Bear Workshop Trading Down 1.2%

NYSE:BBW opened at $45.16 on Tuesday. The company has a market cap of $584.82 million, a PE ratio of 10.38 and a beta of 1.08. The company has a 50 day simple moving average of $58.18 and a two-hundred day simple moving average of $58.15. Build-A-Bear Workshop has a 12 month low of $32.55 and a 12 month high of $75.85.

Build-A-Bear Workshop (NYSE:BBW) last released its quarterly earnings results on Thursday, December 4th. The specialty retailer reported $0.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.55 by $0.07. Build-A-Bear Workshop had a return on equity of 38.43% and a net margin of 10.93%.The business had revenue of $122.68 million during the quarter, compared to the consensus estimate of $124.28 million. During the same period in the previous year, the company posted $0.73 EPS. Research analysts forecast that Build-A-Bear Workshop will post 3.71 earnings per share for the current year.

Institutional Trading of Build-A-Bear Workshop

Several institutional investors and hedge funds have recently modified their holdings of BBW. Kestra Advisory Services LLC bought a new stake in shares of Build-A-Bear Workshop in the 4th quarter valued at about $28,000. IFP Advisors Inc raised its stake in shares of Build-A-Bear Workshop by 68.1% during the 3rd quarter. IFP Advisors Inc now owns 501 shares of the specialty retailer’s stock worth $33,000 after acquiring an additional 203 shares in the last quarter. Larson Financial Group LLC lifted its position in 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 acquiring an additional 444 shares during the last quarter. Blue Trust Inc. boosted its stake in Build-A-Bear Workshop by 163.0% in the fourth quarter. Blue Trust Inc. now owns 668 shares of the specialty retailer’s stock valued at $41,000 after acquiring an additional 414 shares in the last quarter. Finally, Covestor Ltd boosted its stake in Build-A-Bear Workshop by 214.3% in the third quarter. Covestor Ltd now owns 682 shares of the specialty retailer’s stock valued at $45,000 after acquiring an additional 465 shares in the last quarter. Institutional investors own 79.30% of the company’s stock.

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.