Build-A-Bear Workshop, Inc. (NYSE:BBW) Given Average Recommendation of "Buy" by Brokerages

Key Points

• Build-A-Bear Workshop has received an average rating of "Buy" from four analysts, with an average twelve-month price target of $68.00.
• In Q2, the company reported $0.94 earnings per share, surpassing estimates, and announced a quarterly dividend of $0.22 per share to be paid on October 9th.
• Insider selling activity was noted, with CEO Sharon Price John selling over 12,600 shares for approximately $923,950 on September 22nd.

Shares of Build-A-Bear Workshop, Inc. (NYSE:BBW - Get Free Report) have received an average rating of "Buy" from the four analysts that are presently covering the firm, Marketbeat reports. Three research analysts have rated the stock with a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $68.00.

BBW has been the topic of several research reports. Weiss Ratings reiterated a "buy (b-)" rating on shares of Build-A-Bear Workshop in a research note on Saturday, September 27th. DA Davidson boosted their target price on shares of Build-A-Bear Workshop from $64.00 to $85.00 and gave the stock a "buy" rating in a research report on Friday, August 29th. Zacks Research raised shares of Build-A-Bear Workshop from a "hold" rating to a "strong-buy" rating in a research report on Friday, August 29th. Northland Securities boosted their target price on shares of Build-A-Bear Workshop from $60.00 to $80.00 and gave the stock an "outperform" rating in a research report on Friday, August 29th. Finally, Wall Street Zen downgraded shares of Build-A-Bear Workshop from a "strong-buy" rating to a "buy" rating in a research report on Saturday, August 23rd.

Build-A-Bear Workshop Trading Down 1.7%

Shares of NYSE BBW traded down $1.06 during midday trading on Friday, reaching $61.00. The company's stock had a trading volume of 512,896 shares, compared to its average volume of 300,333. Build-A-Bear Workshop has a one year low of $32.55 and a one year high of $75.85. The company has a 50 day moving average price of $61.44 and a 200 day moving average price of $49.75. The company has a market cap of $800.73 million, a price-to-earnings ratio of 13.68 and a beta of 0.69.

Build-A-Bear Workshop (NYSE:BBW - Get Free Report) last released its quarterly earnings results on Thursday, August 28th. The specialty retailer reported $0.94 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.67 by $0.27. The business had revenue of $124.25 million for the quarter, compared to analyst estimates of $116.19 million. Build-A-Bear Workshop had a net margin of 11.34% and a return on equity of 41.14%. During the same quarter in the previous year, the business earned $0.64 earnings per share. Research analysts anticipate that Build-A-Bear Workshop will post 3.71 earnings per share for the current fiscal year.

Build-A-Bear Workshop Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 9th. Investors of record on Thursday, September 25th will be issued a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend is Thursday, September 25th. Build-A-Bear Workshop's dividend payout ratio is currently 19.73%.

Insider Buying and Selling at Build-A-Bear Workshop

In related news, CEO Sharon Price John sold 12,643 shares of the company's stock in a transaction on Monday, September 22nd. The shares were sold at an average price of $73.08, for a total transaction of $923,950.44. Following the completion of the sale, the chief executive officer directly owned 248,662 shares of the company's stock, valued at approximately $18,172,218.96. This represents a 4.84% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Vojin Todorovic sold 2,744 shares of the company's stock in a transaction on Monday, September 22nd. The stock was sold at an average price of $72.89, for a total transaction of $200,010.16. Following the sale, the chief financial officer directly owned 65,247 shares of the company's stock, valued at approximately $4,755,853.83. This represents a 4.04% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 55,387 shares of company stock valued at $4,053,961. 5.80% of the stock is owned by insiders.

Institutional Trading of Build-A-Bear Workshop

A number of hedge funds have recently bought and sold shares of BBW. Thrivent Financial for Lutherans boosted its holdings in Build-A-Bear Workshop by 5,113.6% in the 2nd quarter. Thrivent Financial for Lutherans now owns 752,320 shares of the specialty retailer's stock valued at $38,789,000 after purchasing an additional 737,890 shares during the period. CSM Advisors LLC bought a new stake in Build-A-Bear Workshop in the 2nd quarter valued at $6,233,000. Landscape Capital Management L.L.C. bought a new stake in Build-A-Bear Workshop in the 1st quarter valued at $3,572,000. Balyasny Asset Management L.P. bought a new position in shares of Build-A-Bear Workshop during the 2nd quarter worth about $4,908,000. Finally, Pacer Advisors Inc. bought a new position in shares of Build-A-Bear Workshop during the 1st quarter worth about $3,154,000. 79.30% of the stock is owned by institutional investors.

About Build-A-Bear Workshop

Build-A-Bear Workshop, Inc operates as a multi-channel retailer of plush animals and related products in the United States, Canada, the United Kingdom, Ireland, and internationally. The company operates through three segments: Direct-to-Consumer, Commercial, and International Franchising. Its merchandise comprises various styles of plush products to be stuffed, pre-stuffed plush products, and sounds and scents that can be added to the stuffed animals, as well as range of clothing, shoes and accessories, and other toy and novelty items, including family sleepwear.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.