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

Build-A-Bear Workshop (NYSE:BBW - Get Free Report) was upgraded by stock analysts at Wall Street Zen from a "hold" rating to a "buy" rating in a report released on Sunday.

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

Build-A-Bear Workshop Stock Performance

Shares of BBW stock opened at $49.81 on Friday. The stock has a market capitalization of $657.79 million, a P/E ratio of 13.25 and a beta of 0.72. The company has a 50 day moving average price of $40.53 and a 200 day moving average price of $40.46. 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 announced 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. The firm had revenue of $128.40 million during the quarter, compared to analysts' expectations of $118.90 million. Build-A-Bear Workshop had a net margin of 10.58% and a return on equity of 38.35%. During the same quarter in the previous year, the business posted $0.82 earnings per share. On average, research analysts forecast that Build-A-Bear Workshop will post 3.71 EPS for the current fiscal year.

Insider Activity at Build-A-Bear Workshop

In other Build-A-Bear Workshop news, CAO Eric R. Fencl sold 6,993 shares of the company's stock in a transaction 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 completion of the transaction, the chief accounting officer now owns 123,318 shares in the company, valued at approximately $5,980,923. This represents a 5.37% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Sharon Price John sold 31,250 shares of the company's stock in a transaction on Thursday, June 5th. The stock was sold at an average price of $45.73, for a total transaction of $1,429,062.50. Following the transaction, the chief executive officer now owns 291,305 shares of the company's stock, valued at approximately $13,321,377.65. The trade was a 9.69% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 46,493 shares of company stock worth $2,182,456 in the last 90 days. 5.80% of the stock is owned by insiders.

Hedge Funds Weigh In On Build-A-Bear Workshop

Institutional investors and hedge funds have recently made changes to their positions in the stock. Quarry LP acquired a new position in shares of Build-A-Bear Workshop during the 1st quarter worth $28,000. AlphaQuest LLC grew its stake in shares of Build-A-Bear Workshop by 106.1% during the 1st quarter. AlphaQuest LLC now owns 814 shares of the specialty retailer's stock worth $30,000 after purchasing an additional 419 shares during the period. New York State Teachers Retirement System acquired a new position in shares of Build-A-Bear Workshop during the 4th quarter worth $53,000. Tower Research Capital LLC TRC grew its stake in shares of Build-A-Bear Workshop by 494.7% during the 4th quarter. Tower Research Capital LLC TRC now owns 1,689 shares of the specialty retailer's stock worth $78,000 after purchasing an additional 1,405 shares during the period. Finally, Legal & General Group Plc grew its stake in shares of Build-A-Bear Workshop by 26.0% during the 4th quarter. Legal & General Group Plc now owns 3,793 shares of the specialty retailer's stock worth $175,000 after purchasing an additional 783 shares during the period. 79.30% of the stock is owned by institutional investors and hedge funds.

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.

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