Dougherty & Co Weighs in on Buffalo Wild Wings, Inc.’s FY2018 Earnings (BWLD)

Buffalo Wild Wings, Inc. (NASDAQ:BWLD) – Dougherty & Co issued their FY2018 EPS estimates for shares of Buffalo Wild Wings in a research note issued on Monday. Dougherty & Co analyst J. Hamblin expects that the restaurant operator will earn $6.23 per share for the year. Dougherty & Co has a “Buy” rating and a $150.00 price objective on the stock.

Several other research firms also recently weighed in on BWLD. UBS AG set a $140.00 price target on shares of Buffalo Wild Wings and gave the stock a “buy” rating in a research report on Thursday, October 26th. Maxim Group increased their price objective on shares of Buffalo Wild Wings from $145.00 to $160.00 and gave the company a “buy” rating in a report on Thursday, October 26th. Telsey Advisory Group increased their price objective on shares of Buffalo Wild Wings from $120.00 to $125.00 and gave the company a “market perform” rating in a report on Thursday, October 26th. Wedbush upgraded shares of Buffalo Wild Wings from an “underperform” rating to a “neutral” rating and set a $115.00 price objective for the company in a report on Thursday, July 20th. Finally, Stephens restated an “equal weight” rating and set a $145.00 price target on shares of Buffalo Wild Wings in a report on Wednesday, July 26th. Two investment analysts have rated the stock with a sell rating, eighteen have assigned a hold rating and seven have given a buy rating to the stock. Buffalo Wild Wings currently has a consensus rating of “Hold” and a consensus target price of $131.57.

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Buffalo Wild Wings (NASDAQ:BWLD) last posted its quarterly earnings results on Wednesday, October 25th. The restaurant operator reported $1.36 EPS for the quarter, beating the Zacks’ consensus estimate of $0.79 by $0.57. The business had revenue of $496.70 million for the quarter, compared to analysts’ expectations of $500.97 million. Buffalo Wild Wings had a return on equity of 21.39% and a net margin of 3.17%. The business’s quarterly revenue was up .5% on a year-over-year basis. During the same period last year, the firm earned $1.23 earnings per share.

Hedge funds and other institutional investors have recently bought and sold shares of the business. Public Employees Retirement System of Ohio increased its stake in Buffalo Wild Wings by 10.1% in the second quarter. Public Employees Retirement System of Ohio now owns 842 shares of the restaurant operator’s stock valued at $107,000 after purchasing an additional 77 shares during the period. Riverhead Capital Management LLC increased its stake in Buffalo Wild Wings by 95.6% in the second quarter. Riverhead Capital Management LLC now owns 1,565 shares of the restaurant operator’s stock valued at $198,000 after purchasing an additional 765 shares during the period. LS Investment Advisors LLC increased its stake in Buffalo Wild Wings by 9.1% in the second quarter. LS Investment Advisors LLC now owns 1,577 shares of the restaurant operator’s stock valued at $200,000 after purchasing an additional 131 shares during the period. Flinton Capital Management LLC increased its stake in Buffalo Wild Wings by 73.5% in the second quarter. Flinton Capital Management LLC now owns 1,652 shares of the restaurant operator’s stock valued at $209,000 after purchasing an additional 700 shares during the period. Finally, ING Groep NV acquired a new position in Buffalo Wild Wings in the second quarter valued at $236,000. Institutional investors own 88.48% of the company’s stock.

About Buffalo Wild Wings

Buffalo Wild Wings, Inc is the owner, operator and franchisor of restaurants. As of December 25, 2016, the Company’s made-to-order menu items included 16 sauces and five seasonings, ranging from Sweet BBQ to Blazin. The Company’s restaurants offer 20 to 40 domestic and imported beers on tap, including craft brews, and a selection of bottled beers, wines and liquor.

Earnings History and Estimates for Buffalo Wild Wings (NASDAQ:BWLD)

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