About Blue Buffalo Pet Products (NASDAQ:BUFF)
Blue Buffalo Pet Products, Inc. (BBPP) is a holding company. The Company operates as a pet food company. The Company, through its subsidiaries, develops, produces, markets and sells pet food under product lines, including BLUE Life Protection Formula, BLUE Wilderness, BLUE Basics, BLUE Freedom and BLUE Natural Veterinary Diet lines. Its product lines of pet food include various product types for dogs and cats. The Company categorizes its products as dry foods, and wet foods, treats and other products. It has a product portfolio across various product types, including diet types, breed sizes for dogs, life stages, flavors, product functions, and textures and cuts for wet foods. BLUE Wilderness is a high-meat, high-protein and grain-free ancestral feeding line. BLUE Basics is a line of limited ingredient diet products for pets with food sensitivities. BLUE Freedom is a grain-free line. BLUE Natural Veterinary Diet is a line of Therapeutic diets for pets, offered through veterinarians.
Industry, Sector and Symbol:
- Sector: Consumer Staples
- Industry: Pet Food Manufacturing
- Sub-Industry: N/A
- Symbol: NASDAQ:BUFF
- CUSIP: N/A
- Web: www.bluebuffalo.com
Capitalization:- Market Cap: $5.47019 billion
- Outstanding Shares: 197,123,000
Average Prices:- 50 Day Moving Avg: $27.74
- 200 Day Moving Avg: $27.74
- 52 Week Range: $21.51 - $29.44
P/E:- Trailing P/E Ratio: 39.31
- Foreward P/E Ratio: 26.84
- P/E Growth: 1.94
Sales & Book Value:- Annual Revenue: $1.18 billion
- Price / Sales: 4.66
- Book Value: $1.21 per share
- Price / Book: 23.07
Profitability:- EBITDA: $280.74 million
- Net Margins: 12.13%
- Return on Equity: 98.02%
- Return on Assets: 24.56%
Debt:- Debt-to-Equity Ratio: 1.64%
- Current Ratio: 5.05%
- Quick Ratio: 4.25%
Misc:- Average Volume: 1.85 million shs.
- Beta: 1.94
- Short Ratio: 10.91
Frequently Asked Questions for Blue Buffalo Pet Products (NASDAQ:BUFF)
What is Blue Buffalo Pet Products' stock symbol?
Blue Buffalo Pet Products trades on the NASDAQ under the ticker symbol "BUFF."
How will Blue Buffalo Pet Products' stock buyback program work?
Blue Buffalo Pet Products announced that its Board of Directors has initiated a share repurchase program on Wednesday, August 9th 2017, which authorizes the company to repurchase $50,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 1.2% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's management believes its shares are undervalued.
How were Blue Buffalo Pet Products' earnings last quarter?
Blue Buffalo Pet Products, Inc. (NASDAQ:BUFF) issued its earnings results on Tuesday, August, 8th. The company reported $0.21 EPS for the quarter, hitting analysts' consensus estimates of $0.21. The firm had revenue of $294.80 million for the quarter, compared to analyst estimates of $301.88 million. Blue Buffalo Pet Products had a return on equity of 98.02% and a net margin of 12.13%. Blue Buffalo Pet Products's quarterly revenue was up 2.8% compared to the same quarter last year. During the same period in the previous year, the business posted $0.19 earnings per share. View Blue Buffalo Pet Products' Earnings History.
When will Blue Buffalo Pet Products make its next earnings announcement?
What guidance has Blue Buffalo Pet Products issued on next quarter's earnings?
Blue Buffalo Pet Products updated its FY17 earnings guidance on Tuesday, August, 8th. The company provided EPS guidance of $0.91-$0.94 for the period, compared to the Thomson Reuters consensus estimate of $0.92. The company issued revenue guidance of $1.24-$1.27 billion, compared to the consensus revenue estimate of $1.24 billion.
Where is Blue Buffalo Pet Products' stock going? Where will Blue Buffalo Pet Products' stock price be in 2017?
12 analysts have issued 12 month target prices for Blue Buffalo Pet Products' shares. Their predictions range from $23.00 to $33.00. On average, they anticipate Blue Buffalo Pet Products' share price to reach $29.00 in the next year. View Analyst Ratings for Blue Buffalo Pet Products.
Are investors shorting Blue Buffalo Pet Products?
Blue Buffalo Pet Products saw a increase in short interest during the month of September. As of September 29th, there was short interest totalling 15,758,867 shares, an increase of 21.9% from the September 15th total of 12,931,094 shares. Based on an average trading volume of 2,209,796 shares, the short-interest ratio is presently 7.1 days. Approximately 8.7% of the company's shares are short sold.
Who are some of Blue Buffalo Pet Products' key competitors?
Some companies that are related to Blue Buffalo Pet Products include Aramark (ARMK), Campari Group (DVDCY), Ingredion Incorporated (INGR), Pilgrim's Pride Corporation (PPC), Lamb Weston Holdings (LW), Pinnacle Foods (PF), Service Corporation International (SCI), Spectrum Brands Holdings (SPB), Post Holdings (POST), Glanbia Plc ADR (GLAPY), Compania Cervecerias Unidas, S.A. (CCU), Coca-Cola Amatil (CCLAY), National Beverage Corp. (FIZZ), The Hain Celestial Group (HAIN), Tate & Lyle PLC (TATYY), Flowers Foods (FLO), Energizer Holdings (EPC) and Treehouse Foods (THS).
Who are Blue Buffalo Pet Products' key executives?
Blue Buffalo Pet Products' management team includes the folowing people:
- William Bishop, Chairman of the Board
- William Bishop Jr., President, Chief Executive Officer, Director
- Michael Nathenson, Chief Financial Officer, Executive Vice President, Treasurer
- Philippe J. Amouyal, Director
- Evren Bilimer, Director
- Raymond Debbane, Director
- Aflalo Guimaraes, Director
- Michael A. Eck, Independent Director
When did Blue Buffalo Pet Products IPO?
(BUFF) raised $502 million in an initial public offering (IPO) on Wednesday, July 22nd 2015. The company issued 29,500,000 shares at $16.00-$18.00 per share. J.P. Morgan and Citigroup acted as the underwriters for the IPO and Barclays, Deutsche Bank Securities, Morgan Stanley, Wells Fargo Securities and LOYAL3 Securities, Inc. were co-managers.
How do I buy Blue Buffalo Pet Products stock?
Shares of Blue Buffalo Pet Products can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Blue Buffalo Pet Products' stock price today?
One share of Blue Buffalo Pet Products stock can currently be purchased for approximately $27.91.
MarketBeat Community Rating for Blue Buffalo Pet Products (NASDAQ BUFF)MarketBeat's community ratings are surveys of what our community members think about Blue Buffalo Pet Products and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Blue Buffalo Pet Products (NASDAQ:BUFF) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 1 Sell Rating, 4 Hold Ratings, 6 Buy Ratings, 1 Strong Buy Rating |
| Consensus Rating: | Buy (Score: 2.58) |
| Consensus Price Target: | $29.00 (3.91% upside) |
Consensus Price Target History for Blue Buffalo Pet Products (NASDAQ:BUFF)
Analysts' Ratings History for Blue Buffalo Pet Products (NASDAQ:BUFF)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 10/17/2017 | J P Morgan Chase & Co | Downgrade | Overweight -> Neutral | | N/A |  |
| 9/27/2017 | Oppenheimer Holdings, Inc. | Reiterated Rating | Buy | $25.00 -> $32.00 | Low | |
| 9/21/2017 | Susquehanna Bancshares Inc | Boost Price Target | Positive -> Positive | $30.00 -> $32.00 | High | |
| 9/16/2017 | Citigroup Inc. | Reiterated Rating | Top Pick | | Low | |
| 9/13/2017 | Sanford C. Bernstein | Initiated Coverage | Mkt Perform -> Market Perform | $29.00 | Medium | |
| 9/6/2017 | Gabelli | Initiated Coverage | Buy -> Buy | $33.00 | Medium | |
| 9/1/2017 | Robert W. Baird | Reiterated Rating | Hold | $23.00 | Low | |
| 8/11/2017 | Barclays PLC | Reiterated Rating | Buy | $27.00 | Low | |
| 6/28/2017 | Imperial Capital | Initiated Coverage | Outperform -> Outperform | $30.00 | High | |
| 6/21/2017 | Off Wall Street | Initiated Coverage | Sell | | High | |
| 3/17/2017 | Morgan Stanley | Downgrade | Overweight -> Equal Weight | $26.00 | High | |
| 11/7/2016 | DA Davidson | Reiterated Rating | Buy | $29.00 | N/A | |
| 8/11/2016 | Deutsche Bank AG | Boost Price Target | Buy | $28.00 -> $30.00 | N/A | |
| 8/10/2016 | Wedbush | Reiterated Rating | Neutral | $24.00 -> $25.00 | N/A | |
| 6/30/2016 | Stephens | Reiterated Rating | Hold | | N/A | |
(Data available from 10/20/2015 forward)
Earnings History for Blue Buffalo Pet Products (NASDAQ:BUFF)Earnings History by Quarter for Blue Buffalo Pet Products (NASDAQ BUFF)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 11/7/2017 | | $0.25 | | | | | N/A | |
| 8/8/2017 | Q2 2017 | $0.21 | $0.21 | $301.88 million | $294.80 million | View | Listen | |
| 5/9/2017 | Q1 2017 | $0.22 | $0.23 | $300.27 million | $302.00 million | View | Listen | |
| 2/28/2017 | Q4 2016 | $0.18 | $0.18 | $293.53 million | $295.10 million | View | Listen | |
| 11/10/2016 | Q3 2016 | $0.20 | $0.22 | $290.29 million | $288.00 million | View | Listen | |
| 8/10/2016 | Q216 | $0.17 | $0.19 | $281.90 million | $286.85 million | View | Listen | |
| 5/10/2016 | Q1 | $0.18 | $0.19 | $274.63 million | $279.84 million | View | Listen | |
| 3/8/2016 | Q4 | $0.14 | $0.16 | $259.20 million | $265.00 million | View | Listen | |
| 11/12/2015 | Q315 | $0.14 | $0.17 | $258.60 million | $259.00 million | View | Listen | |
| 8/13/2015 | Q215 | | $0.13 | $218.70 million | $254.00 million | View | Listen | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Blue Buffalo Pet Products (NASDAQ:BUFF)2017 EPS Consensus Estimate: $0.90
2018 EPS Consensus Estimate: $1.05
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 3 | $0.21 | $0.23 | $0.22 |
| Q2 2017 | 4 | $0.21 | $0.22 | $0.22 |
| Q3 2017 | 4 | $0.23 | $0.24 | $0.24 |
| Q4 2017 | 4 | $0.21 | $0.24 | $0.23 |
| Q1 2018 | 2 | $0.25 | $0.25 | $0.25 |
| Q2 2018 | 2 | $0.25 | $0.25 | $0.25 |
| Q3 2018 | 2 | $0.27 | $0.28 | $0.28 |
| Q4 2018 | 2 | $0.26 | $0.29 | $0.28 |
(Data provided by Zacks Investment Research)
Dividend History for Blue Buffalo Pet Products (NASDAQ:BUFF)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Blue Buffalo Pet Products (NASDAQ:BUFF)Insider Ownership Percentage: 7.70%
Institutional Ownership Percentage: 88.74%
Insider Trades by Quarter for Blue Buffalo Pet Products (NASDAQ:BUFF)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 10/13/2017 | William W Bishop Jr | Insider | Sell | 21,655 | $28.78 | $623,230.90 | |
| 9/5/2017 | Michael Nathenson | CFO | Sell | 37,072 | $25.58 | $948,301.76 | |
| 8/28/2017 | Michael Nathenson | CFO | Sell | 50,000 | $25.77 | $1,288,500.00 | |
| 8/21/2017 | Michael Nathenson | CFO | Sell | 50,000 | $25.00 | $1,250,000.00 | |
| 8/17/2017 | Michael Nathenson | CFO | Sell | 50,000 | $25.00 | $1,250,000.00 | |
| 9/16/2016 | Kurt Schmidt | CEO | Sell | 50,000 | $24.83 | $1,241,500.00 | |
| 9/16/2016 | L.P. Invus | Director | Sell | 12,512,124 | $24.83 | $310,676,038.92 | |
| 7/5/2016 | Kurt Schmidt | CEO | Sell | 150,000 | $21.29 | $3,193,500.00 | |
| 7/5/2016 | L.P. Invus | Director | Sell | 15,014,548 | $21.29 | $319,659,726.92 | |
| 7/27/2015 | Christopher T Bishop | Major Shareholder | Sell | 402,577 | $20.00 | $8,051,540.00 | |
| 7/27/2015 | Kurt Schmidt | CEO | Sell | 239,094 | $20.00 | $4,781,880.00 | |
| 7/27/2015 | L.P. Invus | Director | Sell | 28,464,603 | $20.00 | $569,292,060.00 | |
| 7/27/2015 | Michael Nathenson | CFO | Sell | 63,758 | $20.00 | $1,275,160.00 | |
| 7/27/2015 | William W Bishop Jr | COO | Sell | 548,536 | $20.00 | $10,970,720.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Blue Buffalo Pet Products (NASDAQ:BUFF)
Latest Headlines for Blue Buffalo Pet Products (NASDAQ:BUFF)
| Source: |
|
| Date | Headline |
|---|
 | Blue Buffalo Pet Products, Inc. (BUFF) Given Consensus Rating of "Hold" by Brokerages
www.americanbankingnews.com - October 18 at 9:04 PM |
| Blue Buffalo Pet Products, Inc. (BUFF) Downgraded to "Hold" at Zacks Investment Research
www.americanbankingnews.com - October 18 at 5:10 PM |
| $324.27 Million in Sales Expected for Blue Buffalo Pet Products, Inc. (BUFF) This Quarter
www.americanbankingnews.com - October 18 at 3:42 AM |
| Blue Buffalo Pet Products, Inc. (BUFF) Cut to "Neutral" at J P Morgan Chase & Co
www.americanbankingnews.com - October 17 at 10:24 AM |
 | Blue Buffalo Announces Third Quarter 2017 Earnings Conference Call - GlobeNewswire (press release)
globenewswire.com - October 16 at 10:32 PM |
| Blue Buffalo Pet Products Inc (BUFF) Insider William W. Bishop, Jr. Sells 21,655 Shares
www.americanbankingnews.com - October 16 at 7:24 PM |
| Blue Buffalo Pet Products, Inc. (BUFF) Short Interest Up 21.9% in September
www.americanbankingnews.com - October 12 at 1:14 AM |
| Blue Buffalo Pet Products, Inc. (BUFF) Rating Increased to Buy at Zacks Investment Research
www.americanbankingnews.com - October 10 at 7:04 PM |
 | ETFs with exposure to Blue Buffalo Pet Products, Inc. : October 10, 2017
finance.yahoo.com - October 10 at 6:02 PM |
 | Even Dogs Are Eating Quinoa Now - Bloomberg
www.bloomberg.com - October 4 at 3:28 PM |
| Even Dogs Are Eating Quinoa Now
finance.yahoo.com - October 4 at 12:47 PM |
 | Blue Buffalo Pet Products, Inc. (Nasdaq: BUFF) to Ring The Nasdaq Stock Market Opening Bell - Nasdaq
www.nasdaq.com - October 3 at 12:34 AM |
 | Blue Buffalo Pet Products, Inc. (Nasdaq: BUFF) to Ring The Nasdaq Stock Market Opening Bell
feeds.benzinga.com - October 2 at 11:03 AM |
| BUFF Crosses Above Average Analyst Target
www.nasdaq.com - September 29 at 8:59 PM |
| Oppenheimer Holdings Equities Analysts Increase Earnings Estimates for Blue Buffalo Pet Products, Inc. (BUFF)
www.americanbankingnews.com - September 29 at 6:48 AM |
| Short Interest in Blue Buffalo Pet Products, Inc. (BUFF) Drops By 7.3%
www.americanbankingnews.com - September 29 at 1:56 AM |
| Oppenheimer Holdings Weighs in on Blue Buffalo Pet Products, Inc.'s FY2019 Earnings (BUFF)
www.americanbankingnews.com - September 28 at 3:56 PM |
| Brokerages Anticipate Blue Buffalo Pet Products, Inc. (BUFF) to Post $0.25 Earnings Per Share
www.americanbankingnews.com - September 28 at 4:26 AM |
| Blue Buffalo Pet Products, Inc. (BUFF) Receives Buy Rating from Oppenheimer Holdings, Inc.
www.americanbankingnews.com - September 27 at 6:10 PM |
| Is This 2015 IPO Barking Up The Right Breakout Tree?
finance.yahoo.com - September 25 at 7:56 PM |
| Blue Buffalo Pet Products, Inc. (BUFF) Receives Average Rating of "Buy" from Brokerages
www.americanbankingnews.com - September 23 at 6:54 PM |
| ETFs with exposure to Blue Buffalo Pet Products, Inc. : September 22, 2017
finance.yahoo.com - September 22 at 3:47 PM |
| Stocks Generating Improved Relative Strength: Blue Buffalo Pet Prods
finance.yahoo.com - September 21 at 11:13 AM |
| Blue Buffalo Pet Products, Inc. (BUFF) Given New $32.00 Price Target at Susquehanna Bancshares Inc
www.americanbankingnews.com - September 21 at 10:54 AM |
 | Form 8-K Blue Buffalo Pet Product For: Sep 14
www.streetinsider.com - September 18 at 5:09 PM |
| Blue Buffalo Pet Products, Inc. (BUFF) Earns Top Pick Rating from Citigroup Inc.
www.americanbankingnews.com - September 16 at 9:50 AM |
| Contrasting Blue Buffalo Pet Products (BUFF) & Petiq (PETQ)
www.americanbankingnews.com - September 15 at 11:02 AM |
| Short Interest in Blue Buffalo Pet Products, Inc. (BUFF) Rises By 34.7%
www.americanbankingnews.com - September 14 at 1:54 AM |
| Sanford C. Bernstein Initiates Coverage on Blue Buffalo Pet Products, Inc. (BUFF)
www.americanbankingnews.com - September 13 at 10:26 PM |
| PETIQ INC (PETQ) vs. Blue Buffalo Pet Products (BUFF) Head-To-Head Analysis
www.americanbankingnews.com - September 13 at 4:26 AM |
| PETIQ INC (PETQ) & Blue Buffalo Pet Products (BUFF) Financial Review
www.americanbankingnews.com - September 12 at 4:26 AM |
| Critical Contrast: Blue Buffalo Pet Products (BUFF) and Petiq (PETQ)
www.americanbankingnews.com - September 11 at 1:08 PM |
| Blue Buffalo Pet Products, Inc. (BUFF) Expected to Announce Quarterly Sales of $323.08 Million
www.americanbankingnews.com - September 11 at 10:51 AM |
| Blue Buffalo Pet Products, Inc. Forecasted to Earn FY2017 Earnings of $0.95 Per Share (BUFF)
www.americanbankingnews.com - September 11 at 4:24 AM |
| Analyzing Blue Buffalo Pet Products (BUFF) and PETIQ INC (PETQ)
www.americanbankingnews.com - September 10 at 6:36 AM |
| Michael Nathenson Sells 37,072 Shares of Blue Buffalo Pet Products, Inc. (BUFF) Stock
www.americanbankingnews.com - September 7 at 7:20 PM |
| Benzinga's Top Upgrades, Downgrades For September 6, 2017 - Benzinga
www.benzinga.com - September 7 at 2:56 AM |
 | Why Blue Buffalo Pet Products, Inc. Jumped 15% Last Month - Motley Fool
www.fool.com - September 7 at 2:56 AM |
| Why Blue Buffalo Pet Products, Inc. Jumped 15% Last Month
www.fool.com - September 6 at 6:16 PM |
| Blue Buffalo Pet Products, Inc. (BUFF) Research Coverage Started at Gabelli
www.americanbankingnews.com - September 6 at 9:17 AM |
| Analyzing Petiq (PETQ) and Blue Buffalo Pet Products (BUFF)
www.americanbankingnews.com - September 5 at 10:22 AM |
| Blue Buffalo Pet Products (BUFF) and Petiq (PETQ) Financial Comparison
www.americanbankingnews.com - September 4 at 8:20 PM |
| Financial Comparison: Blue Buffalo Pet Products (BUFF) vs. PETIQ INC (PETQ)
www.americanbankingnews.com - September 4 at 6:22 AM |
| Blue Buffalo Pet Products (BUFF) vs. Petiq (PETQ) Critical Analysis
www.americanbankingnews.com - September 2 at 2:26 AM |
| Blue Buffalo Pet Products, Inc. (BUFF) Rating Reiterated by Robert W. Baird
www.americanbankingnews.com - September 1 at 9:32 PM |
| Michael Nathenson Sells 50,000 Shares of Blue Buffalo Pet Products, Inc. (BUFF) Stock
www.americanbankingnews.com - August 29 at 7:16 PM |
| Blue Buffalo Pet Products, Inc. (BUFF) Given Consensus Rating of "Buy" by Analysts
www.americanbankingnews.com - August 29 at 6:36 PM |
| Critical Contrast: Blue Buffalo Pet Products (BUFF) versus Petiq (PETQ)
www.americanbankingnews.com - August 29 at 4:10 AM |
| Head-To-Head Review: Petiq (PETQ) versus Blue Buffalo Pet Products (BUFF)
www.americanbankingnews.com - August 29 at 2:16 AM |
| Reviewing PETIQ INC (PETQ) & Blue Buffalo Pet Products (BUFF)
www.americanbankingnews.com - August 28 at 12:26 PM |
Blue Buffalo Pet Products (BUFF) Chart for Friday, October, 20, 2017
