Build-A-Bear Workshop (NYSE:BBW) Stock Rating Upgraded by Wall Street Zen

Build-A-Bear Workshop (NYSE:BBW - Get Free Report) was upgraded by stock analysts at Wall Street Zen from a "buy" rating to a "strong-buy" rating in a research report issued to clients and investors on Saturday.

BBW has been the subject of several other reports. DA Davidson lifted their target price on shares of Build-A-Bear Workshop from $50.00 to $60.00 and gave the company a "buy" rating in a report on Friday, May 30th. Piper Sandler raised their price target on shares of Build-A-Bear Workshop from $35.00 to $39.00 and gave the company an "overweight" rating in a research report on Thursday, May 15th.

Build-A-Bear Workshop Stock Performance

NYSE BBW opened at $53.85 on Friday. The firm has a market capitalization of $711.36 million, a P/E ratio of 12.94 and a beta of 0.70. The stock has a 50-day simple moving average of $45.53 and a two-hundred day simple moving average of $41.69. Build-A-Bear Workshop has a fifty-two week low of $23.63 and a fifty-two week high of $55.57.

Build-A-Bear Workshop (NYSE:BBW - Get Free Report) last posted its earnings results on Thursday, May 29th. The specialty retailer reported $1.17 EPS for the quarter, topping the consensus estimate of $0.86 by $0.31. The firm had revenue of $128.40 million for the quarter, compared to analyst estimates of $118.90 million. Build-A-Bear Workshop had a return on equity of 40.74% and a net margin of 10.91%. During the same period last year, the company earned $0.82 earnings per share. As a group, analysts forecast that Build-A-Bear Workshop will post 3.71 earnings per share for the current year.

Insider Activity at Build-A-Bear Workshop

In related news, CAO Eric R. Fencl sold 6,993 shares of the company's stock in a transaction dated Tuesday, June 3rd. The shares were sold at an average price of $48.50, for a total transaction of $339,160.50. Following the completion of the transaction, 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Sharon Price John sold 31,250 shares of the firm's stock in a transaction dated Thursday, June 5th. The shares were sold at an average price of $45.73, for a total transaction of $1,429,062.50. Following the completion of the transaction, the chief executive officer directly owned 291,305 shares in the company, valued at $13,321,377.65. This represents a 9.69% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 48,248 shares of company stock worth $2,276,383 over the last 90 days. 5.80% of the stock is owned by insiders.

Institutional Investors Weigh In On Build-A-Bear Workshop

Large investors have recently bought and sold shares of the company. Inspire Investing LLC acquired a new stake in shares of Build-A-Bear Workshop in the first quarter worth approximately $775,000. Rhumbline Advisers boosted its stake in Build-A-Bear Workshop by 6.0% during the 1st quarter. Rhumbline Advisers now owns 18,236 shares of the specialty retailer's stock worth $678,000 after purchasing an additional 1,025 shares during the last quarter. Acadian Asset Management LLC grew its holdings in shares of Build-A-Bear Workshop by 61.9% during the first quarter. Acadian Asset Management LLC now owns 119,046 shares of the specialty retailer's stock worth $4,423,000 after buying an additional 45,498 shares in the last quarter. Caxton Associates LLP purchased a new stake in shares of Build-A-Bear Workshop during the first quarter worth $267,000. Finally, Jones Financial Companies Lllp acquired a new stake in shares of Build-A-Bear Workshop in the first quarter valued at about $199,000. 79.30% of the stock is currently owned by hedge funds and other 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.

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