Equities research analysts expect that Build-A-Bear Workshop, Inc (NYSE:BBW) will post sales of $78.58 million for the current quarter, Zacks reports. Two analysts have issued estimates for Build-A-Bear Workshop’s earnings. The lowest sales estimate is $78.25 million and the highest is $78.90 million. Build-A-Bear Workshop posted sales of $75.14 million during the same quarter last year, which would indicate a positive year-over-year growth rate of 4.6%. The business is expected to announce its next earnings report on Thursday, August 3rd.

According to Zacks, analysts expect that Build-A-Bear Workshop will report full year sales of $78.58 million for the current financial year, with estimates ranging from $372.73 million to $377.77 million. For the next financial year, analysts forecast that the company will post sales of $395.79 million per share. Zacks’ sales calculations are a mean average based on a survey of research firms that follow Build-A-Bear Workshop.

Build-A-Bear Workshop (NYSE:BBW) last released its quarterly earnings data on Thursday, April 27th. The specialty retailer reported $0.17 earnings per share for the quarter, beating the consensus estimate of $0.04 by $0.13. Build-A-Bear Workshop had a return on equity of 11.51% and a net margin of 5.69%. The company had revenue of $90.60 million for the quarter, compared to analyst estimates of $87.48 million. During the same period in the prior year, the company posted $0.22 EPS. The company’s revenue was down 4.6% compared to the same quarter last year.

Several brokerages have recently commented on BBW. BMO Capital Markets lowered their target price on shares of Build-A-Bear Workshop to $9.00 in a report on Tuesday, February 21st. Dougherty & Co lowered their target price on shares of Build-A-Bear Workshop from $20.00 to $13.50 and set a “buy” rating on the stock in a report on Friday, February 17th. Piper Jaffray Companies cut shares of Build-A-Bear Workshop from an “overweight” rating to a “neutral” rating and lowered their target price for the stock from $18.00 to $10.50 in a report on Friday, February 17th. Craig Hallum set a $15.00 target price on shares of Build-A-Bear Workshop and gave the stock a “buy” rating in a report on Friday, February 17th. Finally, TheStreet cut shares of Build-A-Bear Workshop from a “b-” rating to a “c+” rating in a report on Friday, March 3rd. Two research analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of $12.20.

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In other news, major shareholder Point72 Asset Management, L.P. acquired 36,196 shares of the firm’s stock in a transaction that occurred on Monday, May 15th. The shares were acquired at an average cost of $10.65 per share, with a total value of $385,487.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders purchased 142,197 shares of company stock worth $1,515,178 over the last three months. 16.30% of the stock is currently owned by insiders.

A number of hedge funds and other institutional investors have recently made changes to their positions in BBW. Point72 Asset Management L.P. purchased a new position in shares of Build-A-Bear Workshop during the first quarter worth about $20,722,000. Dimensional Fund Advisors LP boosted its position in shares of Build-A-Bear Workshop by 1.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,331,738 shares of the specialty retailer’s stock worth $18,312,000 after buying an additional 23,009 shares during the period. Cannell Capital LLC boosted its position in shares of Build-A-Bear Workshop by 3.5% in the first quarter. Cannell Capital LLC now owns 793,261 shares of the specialty retailer’s stock worth $7,020,000 after buying an additional 26,533 shares during the period. Vanguard Group Inc. boosted its position in shares of Build-A-Bear Workshop by 6.1% in the first quarter. Vanguard Group Inc. now owns 614,980 shares of the specialty retailer’s stock worth $5,442,000 after buying an additional 35,407 shares during the period. Finally, potrero capital research llc boosted its position in shares of Build-A-Bear Workshop by 9.8% in the first quarter. potrero capital research llc now owns 495,835 shares of the specialty retailer’s stock worth $4,388,000 after buying an additional 44,164 shares during the period. 68.47% of the stock is currently owned by institutional investors and hedge funds.

Build-A-Bear Workshop (BBW) remained flat at $10.60 during midday trading on Wednesday. 9,401 shares of the company traded hands. Build-A-Bear Workshop has a 1-year low of $8.05 and a 1-year high of $15.85. The company has a market cap of $165.40 million, a P/E ratio of 271.79 and a beta of -0.11. The firm’s 50-day moving average price is $10.40 and its 200 day moving average price is $11.29.

About Build-A-Bear Workshop

Build-A-Bear Workshop, Inc is primarily a specialty retailer offering a make your own stuffed animal interactive retail-entertainment experience. The Company’s segments include direct-to-consumer (DTC), international franchising and commercial. The DTC segment includes the activities of Company-owned stores in the United States, Canada, the United Kingdom, Ireland and Denmark, and other retail delivery operations, including its e-commerce sites and temporary stores.

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