Buffalo Wild Wings Inc. Sets New 1-Year High at $121.75 (BWLD)
Shares of Buffalo Wild Wings (NASDAQ:BWLD) hit a new 52-week high during mid-day trading on Wednesday, American Banking News reports. The stock traded as high as $121.75 and last traded at $120.53, with a volume of 137,129 shares trading hands. The stock had previously closed at $120.34.
BWLD has been the subject of a number of recent research reports. Analysts at Barclays raised their price target on shares of Buffalo Wild Wings from $115.00 to $125.00 in a research note to investors on Monday. They now have an “overweight” rating on the stock. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Buffalo Wild Wings in a research note to investors on Tuesday, October 8th. They now have a $120.00 price target on the stock. Finally, analysts at Deutsche Bank raised their price target on shares of Buffalo Wild Wings from $110.00 to $130.00 in a research note to investors on Monday, October 7th. They now have a “buy” rating on the stock. Ten equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. Buffalo Wild Wings presently has an average rating of “Hold” and an average target price of $110.73.
In other Buffalo Wild Wings news, COO James Schmidt unloaded 1,000 shares of the stock in a transaction dated Tuesday, October 15th. The shares were sold at an average price of $118.94, for a total value of $118,940.00. Following the transaction, the chief operating officer now directly owns 35,169 shares in the company, valued at approximately $4,183,001. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Buffalo Wild Wings has a one year low of $69.72 and a one year high of $121.75. The stock has a 50-day moving average of $111.0 and a 200-day moving average of $100.8. The company has a market cap of $2.246 billion and a P/E ratio of 37.48.
Buffalo Wild Wings (NASDAQ:BWLD) last posted its quarterly earnings results on Tuesday, July 30th. The company reported $0.88 earnings per share (EPS) for the quarter, beating the 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 previous year, the company posted $0.62 earnings per share. The company’s revenue for the quarter was up 27.8% on a year-over-year basis. Analysts expect that Buffalo Wild Wings will post $3.63 EPS 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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