Build-A-Bear Workshop, Inc (BBW) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Build-A-Bear Workshop, Inc (NYSE:BBW) have earned a consensus recommendation of “Hold” from the seven ratings firms that are presently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $11.63.

Several equities analysts have recently weighed in on BBW shares. Zacks Investment Research cut shares of Build-A-Bear Workshop from a “buy” rating to a “hold” rating in a research note on Tuesday, October 3rd. Dougherty & Co cut shares of Build-A-Bear Workshop from a “buy” rating to a “neutral” rating in a research note on Friday, October 27th.

In related news, major shareholder Point72 Asset Management, L.P. acquired 50,000 shares of Build-A-Bear Workshop stock in a transaction on Friday, December 22nd. The stock was purchased at an average cost of $9.70 per share, with a total value of $485,000.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders purchased 449,149 shares of company stock valued at $4,036,950 over the last three months. 17.50% of the stock is owned by company insiders.

A number of hedge funds have recently added to or reduced their stakes in BBW. Rhumbline Advisers boosted its position in Build-A-Bear Workshop by 2.6% during the second quarter. Rhumbline Advisers now owns 16,259 shares of the specialty retailer’s stock worth $170,000 after purchasing an additional 415 shares during the period. Ameriprise Financial Inc. bought a new position in Build-A-Bear Workshop during the second quarter worth $224,000. Nationwide Fund Advisors boosted its position in Build-A-Bear Workshop by 102.9% during the second quarter. Nationwide Fund Advisors now owns 24,472 shares of the specialty retailer’s stock worth $256,000 after purchasing an additional 12,410 shares during the period. Northern Trust Corp boosted its position in Build-A-Bear Workshop by 6.3% during the second quarter. Northern Trust Corp now owns 177,134 shares of the specialty retailer’s stock worth $1,850,000 after purchasing an additional 10,472 shares during the period. Finally, Vanguard Group Inc. boosted its position in Build-A-Bear Workshop by 3.8% during the second quarter. Vanguard Group Inc. now owns 638,580 shares of the specialty retailer’s stock worth $6,673,000 after purchasing an additional 23,600 shares during the period. 70.60% of the stock is owned by hedge funds and other institutional investors.

Shares of Build-A-Bear Workshop (NYSE BBW) remained flat at $$8.40 on Friday. The company had a trading volume of 157,700 shares, compared to its average volume of 205,325. The company has a market capitalization of $133.71, a P/E ratio of 44.21, a PEG ratio of 0.82 and a beta of -0.17. Build-A-Bear Workshop has a fifty-two week low of $7.25 and a fifty-two week high of $13.30.

Build-A-Bear Workshop (NYSE:BBW) last issued its quarterly earnings results on Thursday, October 26th. The specialty retailer reported $0.09 earnings per share for the quarter, missing the consensus estimate of $0.10 by ($0.01). The business had revenue of $82.40 million for the quarter, compared to the consensus estimate of $85.61 million. Build-A-Bear Workshop had a return on equity of 6.33% and a net margin of 0.83%. Build-A-Bear Workshop’s revenue was down 1.6% compared to the same quarter last year. During the same period in the prior year, the business earned $0.11 earnings per share. sell-side analysts predict that Build-A-Bear Workshop will post 0.5 EPS for the current year.

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About Build-A-Bear Workshop

Build-A-Bear Workshop, Inc is primarily a specialty retailer offering a make your own stuffed animal interactive retail-entertainment experience. The Company’s segments include direct-to-consumer (DTC), international franchising and commercial. The DTC segment includes the activities of Company-owned stores in the United States, Canada, the United Kingdom, Ireland and Denmark, and other retail delivery operations, including its e-commerce sites and temporary stores.

Analyst Recommendations for Build-A-Bear Workshop (NYSE:BBW)

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