Build-A-Bear Workshop (NYSE:BBW) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Build-A-Bear Workshop (NYSE:BBW - Free Report) from a buy rating to a strong-buy rating in a research note released on Saturday morning.

Other equities research analysts have also recently issued reports about the stock. DA Davidson lifted their price objective on shares of Build-A-Bear Workshop from $50.00 to $60.00 and gave the company a "buy" rating in a research note on Friday, May 30th. Piper Sandler lifted their price objective on shares of Build-A-Bear Workshop from $35.00 to $39.00 and gave the company an "overweight" rating in a research note on Thursday, May 15th.

Build-A-Bear Workshop Stock Performance

Shares of BBW traded down $1.03 during midday trading on Friday, hitting $50.72. 215,195 shares of the stock traded hands, compared to its average volume of 277,051. Build-A-Bear Workshop has a 1-year low of $23.63 and a 1-year high of $55.57. The firm has a market capitalization of $670.01 million, a PE ratio of 12.19 and a beta of 0.70. The business's 50 day moving average price is $46.18 and its two-hundred day moving average price is $41.79.

Build-A-Bear Workshop (NYSE:BBW - Get Free Report) last issued its quarterly earnings data on Thursday, May 29th. The specialty retailer reported $1.17 earnings per share for the quarter, beating analysts' consensus estimates of $0.86 by $0.31. Build-A-Bear Workshop had a net margin of 10.91% and a return on equity of 40.74%. The business had revenue of $128.40 million for the quarter, compared to analysts' expectations of $118.90 million. During the same period in the previous year, the business earned $0.82 earnings per share. As a group, equities research analysts forecast that Build-A-Bear Workshop will post 3.71 EPS for the current fiscal year.

Build-A-Bear Workshop Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 10th. Shareholders of record on Thursday, June 26th will be given a $0.22 dividend. This represents a $0.88 annualized dividend and a yield of 1.74%. The ex-dividend date of this dividend is Thursday, June 26th. Build-A-Bear Workshop's dividend payout ratio (DPR) is presently 21.15%.

Insider Buying and Selling at Build-A-Bear Workshop

In other news, Director Craig Leavitt sold 8,250 shares of the business's stock in a transaction that occurred on Thursday, June 12th. The shares were sold at an average price of $50.21, for a total transaction of $414,232.50. Following the sale, the director owned 72,392 shares in the company, valued at $3,634,802.32. The trade was a 10.23% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Eric R. Fencl sold 6,993 shares of the business's stock in a transaction that occurred on Tuesday, June 3rd. The shares were sold at an average price of $48.50, for a total transaction of $339,160.50. Following the sale, the chief accounting officer owned 123,318 shares in the company, valued at $5,980,923. This represents a 5.37% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 48,248 shares of company stock valued at $2,276,383 in the last ninety days. 5.80% of the stock is owned by insiders.

Institutional Investors Weigh In On Build-A-Bear Workshop

A number of large investors have recently made changes to their positions in the company. Vanguard Group Inc. raised its holdings in shares of Build-A-Bear Workshop by 1.4% during the first quarter. Vanguard Group Inc. now owns 995,693 shares of the specialty retailer's stock valued at $37,010,000 after acquiring an additional 13,713 shares during the period. De Lisle Partners LLP raised its holdings in shares of Build-A-Bear Workshop by 2.4% during the first quarter. De Lisle Partners LLP now owns 765,911 shares of the specialty retailer's stock valued at $28,519,000 after acquiring an additional 18,000 shares during the period. American Century Companies Inc. raised its holdings in shares of Build-A-Bear Workshop by 11.8% during the first quarter. American Century Companies Inc. now owns 482,641 shares of the specialty retailer's stock valued at $17,940,000 after acquiring an additional 50,933 shares during the period. Arrowstreet Capital Limited Partnership increased its stake in Build-A-Bear Workshop by 26.5% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 291,990 shares of the specialty retailer's stock valued at $13,443,000 after buying an additional 61,111 shares during the period. Finally, Bank of New York Mellon Corp increased its stake in Build-A-Bear Workshop by 77.5% in the 4th quarter. Bank of New York Mellon Corp now owns 180,045 shares of the specialty retailer's stock valued at $8,289,000 after buying an additional 78,629 shares during the period. Institutional investors and hedge funds own 79.30% of the company's stock.

Build-A-Bear Workshop Company Profile

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.