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

Shares of Build-A-Bear Workshop, Inc. (NYSE:BBW) have been assigned a consensus recommendation of “Moderate Buy” from the six research firms that are currently covering the stock, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $64.75.

Several equities analysts have recently weighed in on the stock. Weiss Ratings lowered shares of Build-A-Bear Workshop from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, April 10th. Zacks Research raised shares of Build-A-Bear Workshop from a “strong sell” rating to a “hold” rating in a research report on Tuesday, March 3rd.

Build-A-Bear Workshop Trading Down 4.3%

Shares of NYSE BBW opened at $37.88 on Tuesday. The firm’s 50-day moving average price is $42.37 and its 200-day moving average price is $51.74. Build-A-Bear Workshop has a 1-year low of $33.25 and a 1-year high of $75.85. The firm has a market capitalization of $476.53 million, a P/E ratio of 9.49 and a beta of 1.22.

Build-A-Bear Workshop (NYSE:BBW) last announced its quarterly earnings data on Thursday, March 12th. The specialty retailer reported $1.26 earnings per share for the quarter, missing the consensus estimate of $1.27 by ($0.01). Build-A-Bear Workshop had a net margin of 9.85% and a return on equity of 34.25%. The company had revenue of $154.51 million for the quarter, compared to analyst estimates of $155.71 million. Equities research analysts forecast that Build-A-Bear Workshop will post 3.86 EPS for the current year.

Build-A-Bear Workshop Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 9th. Stockholders of record on Thursday, March 26th were given a dividend of $0.23 per share. The ex-dividend date of this dividend was Thursday, March 26th. This is a boost from Build-A-Bear Workshop’s previous quarterly dividend of $0.22. This represents a $0.92 annualized dividend and a dividend yield of 2.4%. Build-A-Bear Workshop’s payout ratio is presently 23.06%.

Institutional Investors Weigh In On Build-A-Bear Workshop

Hedge funds and other institutional investors have recently made changes to their positions in the business. Kestra Advisory Services LLC bought a new stake in shares of Build-A-Bear Workshop during the fourth quarter worth about $28,000. IFP Advisors Inc increased 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 in the last quarter. Larson Financial Group LLC increased its position 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 worth $35,000 after acquiring an additional 444 shares in the last quarter. Blue Trust Inc. increased its position in shares of Build-A-Bear Workshop by 163.0% during the fourth quarter. Blue Trust Inc. now owns 668 shares of the specialty retailer’s stock worth $41,000 after acquiring an additional 414 shares in the last quarter. Finally, Covestor Ltd increased its position in shares of Build-A-Bear Workshop by 214.3% during the third quarter. Covestor Ltd now owns 682 shares of the specialty retailer’s stock worth $45,000 after acquiring an additional 465 shares in the last quarter. 79.30% of the stock is owned by institutional investors.

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.