Buffalo Wild Wings Inc. Sets New 1-Year High at $113.12 (BWLD)
Buffalo Wild Wings (NASDAQ:BWLD) set a new 52-week high during mid-day trading on Monday, ARN reports. The stock traded as high as $113.12 and last traded at $111.58, with a volume of 428,185 shares. The stock had previously closed at $109.50.
A number of research firms have recently commented on BWLD. Analysts at Wedbush raised their price target on shares of Buffalo Wild Wings (NASDAQ:BWLD) from $120.00 to $135.00 in a research note to investors on Monday. They now have an “outperform” rating on the stock. Separately, analysts at Northcoast Research initiated coverage on shares of Buffalo Wild Wings (NASDAQ:BWLD) in a research note to investors on Wednesday, September 25th. They set a “buy” rating on the stock. Finally, analysts at Barclays Capital reiterated a “buy” rating on shares of Buffalo Wild Wings (NASDAQ:BWLD) in a research note to investors on Tuesday, August 27th. They now have a $115.00 price target on the stock. Ten analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $108.44.
In other Buffalo Wild Wings news, CEO Sally Smith unloaded 1,000 shares of the stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of $110.48, for a total value of $110,480.00. Following the sale, the chief executive officer now directly owns 68,609 shares in the company, valued at approximately $7,579,922. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.
Buffalo Wild Wings has a one year low of $69.72 and a one year high of $112.01. The stock’s 50-day moving average is $107.2 and its 200-day moving average is $98.02. The company has a market cap of $2.088 billion and a P/E ratio of 34.10.
Buffalo Wild Wings (NASDAQ:BWLD) last announced its earnings results on Tuesday, July 30th. The company reported $0.88 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.79 by $0.09. The company had revenue of $305.00 million for the quarter, compared to the consensus estimate of $304.54 million. During the same quarter in the prior year, the company posted $0.62 earnings per share. The company’s quarterly revenue was up 27.8% on a year-over-year basis. On average, analysts predict that Buffalo Wild Wings will post $3.63 earnings per share for the current fiscal year.
Buffalo Wild Wings, Inc, is a owner, operator, and franchisor of restaurants. The Company features a variety of menu items, including its Buffalo, New York-style chicken wings spun in any of its 16 types of sauces or five types of seasonings.
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