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

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

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

Build-A-Bear Workshop Price Performance

Shares of NYSE:BBW traded down $0.40 during trading on Friday, hitting $48.21. The company's stock had a trading volume of 210,909 shares, compared to its average volume of 272,858. Build-A-Bear Workshop has a 12 month low of $23.63 and a 12 month high of $55.57. The firm has a market cap of $636.65 million, a price-to-earnings ratio of 12.82 and a beta of 0.72. The company has a 50-day moving average of $39.69 and a 200-day moving average of $40.22.

Build-A-Bear Workshop (NYSE:BBW - Get Free Report) last posted its earnings results on Thursday, May 29th. The specialty retailer reported $1.17 earnings per share for the quarter, beating the consensus estimate of $0.86 by $0.31. The company 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 period last year, the company posted $0.82 earnings per share. As a group, research analysts anticipate that Build-A-Bear Workshop will post 3.71 earnings per share for the current 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 business's stock in a transaction that occurred on Tuesday, June 3rd. The stock was 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 $5,980,923. The trade was a 5.37% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Sharon Price John sold 31,250 shares of the company's stock in a transaction on Thursday, June 5th. The shares were sold at an average price of $45.73, for a total value of $1,429,062.50. Following the completion of the transaction, the chief executive officer now directly owns 291,305 shares in the company, valued at $13,321,377.65. This trade represents a 9.69% decrease in their position. The disclosure for this sale can be found here. 5.80% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Build-A-Bear Workshop

A number of large investors have recently bought and sold shares of BBW. Vanguard Group Inc. boosted its holdings in Build-A-Bear Workshop by 1.4% in the 1st quarter. Vanguard Group Inc. now owns 995,693 shares of the specialty retailer's stock worth $37,010,000 after buying an additional 13,713 shares during the last quarter. De Lisle Partners LLP lifted its stake in shares of Build-A-Bear Workshop by 2.4% in the 1st quarter. De Lisle Partners LLP now owns 765,911 shares of the specialty retailer's stock valued at $28,519,000 after purchasing an additional 18,000 shares during the last quarter. American Century Companies Inc. boosted its stake in 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 worth $17,940,000 after buying an additional 50,933 shares during the period. Arrowstreet Capital Limited Partnership increased its holdings 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 purchasing an additional 61,111 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its holdings in shares of 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. Hedge funds and other institutional investors own 79.30% of the company's stock.

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.