Deutsche Bank AG downgraded shares of Buffalo Wild Wings, Inc. (NASDAQ:BWLD) from a buy rating to a hold rating in a research note published on Friday morning, Marketbeat.com reports. Deutsche Bank AG currently has $135.00 price objective on the restaurant operator’s stock, down from their prior price objective of $140.90.
Several other analysts have also recently commented on BWLD. Dougherty & Co raised shares of Buffalo Wild Wings from a neutral rating to a buy rating and set a $150.00 target price for the company in a research note on Thursday, October 26th. Barclays PLC lifted their target price on shares of Buffalo Wild Wings from $128.00 to $133.00 and gave the stock an overweight rating in a research note on Thursday, October 26th. Mizuho reaffirmed a hold rating and issued a $120.00 target price on shares of Buffalo Wild Wings in a research note on Friday, October 27th. Wells Fargo & Company lowered their target price on shares of Buffalo Wild Wings from $115.00 to $100.00 and set a market perform rating for the company in a research note on Wednesday, October 18th. Finally, UBS AG set a $140.00 target price on shares of Buffalo Wild Wings and gave the stock a buy rating in a research note on Wednesday, October 11th. Three equities research analysts have rated the stock with a sell rating, nineteen have given a hold rating and five have issued a buy rating to the stock. The stock has a consensus rating of Hold and a consensus target price of $134.67.
Buffalo Wild Wings (NASDAQ BWLD) opened at $138.25 on Friday. The company has a debt-to-equity ratio of 1.60, a quick ratio of 0.61 and a current ratio of 0.70. Buffalo Wild Wings has a 12 month low of $95.00 and a 12 month high of $175.10. The firm has a market cap of $2,140.00, a P/E ratio of 31.93, a PEG ratio of 1.70 and a beta of 0.79.
Buffalo Wild Wings (NASDAQ:BWLD) last issued its quarterly earnings data on Wednesday, October 25th. The restaurant operator reported $1.36 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.79 by $0.57. Buffalo Wild Wings had a net margin of 3.17% and a return on equity of 21.39%. The business had revenue of $496.70 million during the quarter, compared to analysts’ expectations of $500.97 million. During the same period last year, the company posted $1.23 EPS. The company’s revenue was up .5% on a year-over-year basis. research analysts predict that Buffalo Wild Wings will post 4.97 earnings per share for the current year.
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A number of institutional investors have recently bought and sold shares of the business. Public Employees Retirement System of Ohio boosted its stake in Buffalo Wild Wings by 10.9% during the 1st quarter. Public Employees Retirement System of Ohio now owns 765 shares of the restaurant operator’s stock valued at $117,000 after purchasing an additional 75 shares during the period. Suntrust Banks Inc. boosted its stake in Buffalo Wild Wings by 4.1% during the 2nd quarter. Suntrust Banks Inc. now owns 2,552 shares of the restaurant operator’s stock valued at $323,000 after purchasing an additional 101 shares during the period. LS Investment Advisors LLC boosted its stake in Buffalo Wild Wings by 9.1% during the 2nd 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. Thrivent Financial For Lutherans boosted its stake in Buffalo Wild Wings by 5.4% during the 1st quarter. Thrivent Financial For Lutherans now owns 3,290 shares of the restaurant operator’s stock valued at $503,000 after purchasing an additional 170 shares during the period. Finally, Northwestern Mutual Investment Management Company LLC boosted its stake in Buffalo Wild Wings by 8.4% during the 2nd quarter. Northwestern Mutual Investment Management Company LLC now owns 3,249 shares of the restaurant operator’s stock valued at $451,000 after purchasing an additional 252 shares during the period. 87.37% of the stock is owned by hedge funds and other institutional investors.
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.
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