Buffalo Wild Wings Receives Consensus Rating of “Buy” from Analysts (NASDAQ:BWLD)
Buffalo Wild Wings (NASDAQ:BWLD) has earned a consensus rating of “Buy” from the nineteen ratings firms that are presently covering the stock, StockRatingsNetwork.com reports. One analyst has rated the stock with a sell rating, seven have issued a hold rating and ten have issued a buy rating on the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $142.49.
Buffalo Wild Wings (NASDAQ:BWLD) opened at 144.44 on Friday. Buffalo Wild Wings has a 52 week low of $103.39 and a 52 week high of $167.64. The stock has a 50-day moving average of $152.8 and a 200-day moving average of $146.7. The company has a market cap of $2.733 billion and a P/E ratio of 29.88.
Buffalo Wild Wings (NASDAQ:BWLD) last issued its quarterly earnings data on Tuesday, July 29th. The company reported $1.25 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.19 by $0.06. The company had revenue of $366.00 million for the quarter, compared to the consensus estimate of $358.85 million. During the same quarter last year, the company posted $0.88 earnings per share. Buffalo Wild Wings’s revenue was up 20.0% compared to the same quarter last year. On average, analysts predict that Buffalo Wild Wings will post $5.05 earnings per share for the current fiscal year.
In other Buffalo Wild Wings news, CEO Sally J. Smith unloaded 1,500 shares of the stock on the open market in a transaction dated Friday, August 15th. The shares were sold at an average price of $143.38, for a total value of $215,070.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
BWLD has been the subject of a number of recent research reports. Analysts at Zacks downgraded shares of Buffalo Wild Wings from an “outperform” rating to a “neutral” rating in a research note on Thursday, August 14th. They now have a $151.00 price target on the stock. Separately, analysts at S&P Equity Research raised their price target on shares of Buffalo Wild Wings from $3.06 to $3.80 in a research note on Tuesday, August 12th. They now have a “buy” rating on the stock. They noted that the move was a valuation call. Finally, analysts at Morgan Stanley upgraded shares of Buffalo Wild Wings from an “underweight” rating to an “equal weight” rating in a research note on Tuesday, August 12th. They now have a $148.00 price target on the stock.
Buffalo Wild Wings, Inc, is an 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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