Build-A-Bear Workshop, Inc. (NYSE:BBW) Receives Consensus Recommendation of "Moderate Buy" from Brokerages

Shares of Build-A-Bear Workshop, Inc. (NYSE:BBW - Get Free Report) have earned an average recommendation of "Moderate Buy" from the five brokerages that are currently covering the stock, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $70.00.

Several research firms have issued reports on BBW. Weiss Ratings restated a "hold (c)" rating on shares of Build-A-Bear Workshop in a research report on Monday, August 17th. DA Davidson reiterated a "buy" rating and issued a $60.00 price objective on shares of Build-A-Bear Workshop in a report on Friday, May 29th.

Build-A-Bear Workshop Price Performance

Shares of NYSE BBW opened at $39.07 on Monday. The stock has a market capitalization of $489.94 million, a P/E ratio of 9.15 and a beta of 1.10. Build-A-Bear Workshop has a one year low of $29.35 and a one year high of $75.85. The firm's 50 day simple moving average is $33.99 and its two-hundred day simple moving average is $38.64.

Build-A-Bear Workshop (NYSE:BBW - Get Free Report) last announced its quarterly earnings data on Thursday, May 28th. The specialty retailer reported $1.03 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.76 by $0.27. The company had revenue of $125.27 million during the quarter, compared to analysts' expectations of $129.45 million. Build-A-Bear Workshop had a net margin of 10.48% and a return on equity of 32.15%. As a group, equities analysts expect that Build-A-Bear Workshop will post 4.04 earnings per share for the current fiscal year.

Build-A-Bear Workshop Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, July 9th. Shareholders of record on Thursday, June 25th were paid a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend was Thursday, June 25th. Build-A-Bear Workshop's payout ratio is 21.55%.

Insiders Place Their Bets

In other news, Director George Carrara sold 3,000 shares of the stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $34.52, for a total transaction of $103,560.00. Following the completion of the sale, the director owned 11,277 shares of the company's stock, valued at approximately $389,282.04. This represents a 21.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 4.00% of the company's stock.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the company. AXQ Capital LP boosted its position in Build-A-Bear Workshop by 26.1% during the 2nd quarter. AXQ Capital LP now owns 8,167 shares of the specialty retailer's stock valued at $250,000 after buying an additional 1,692 shares during the period. Wellington Management Group LLP increased its position in shares of Build-A-Bear Workshop by 108.9% in the second quarter. Wellington Management Group LLP now owns 21,100 shares of the specialty retailer's stock valued at $646,000 after acquiring an additional 11,000 shares during the period. Cannell Capital LLC purchased a new position in shares of Build-A-Bear Workshop in the second quarter valued at about $3,155,524,000. Formula Growth Ltd. bought a new position in shares of Build-A-Bear Workshop during the second quarter valued at about $1,917,000. Finally, Pillsbury Lake Capital LLC bought a new position in shares of Build-A-Bear Workshop during the second quarter valued at about $10,383,677,000. 79.30% of the stock is owned by hedge funds and other 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.

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