Equities research analysts forecast that Buffalo Wild Wings, Inc. (NASDAQ:BWLD) will announce earnings of $0.84 per share for the current fiscal quarter, Zacks Investment Research reports. Eight analysts have provided estimates for Buffalo Wild Wings’ earnings. The highest EPS estimate is $0.95 and the lowest is $0.70. Buffalo Wild Wings reported earnings of $1.23 per share during the same quarter last year, which suggests a negative year over year growth rate of 31.7%. The business is scheduled to announce its next quarterly earnings report on Wednesday, October 25th.

On average, analysts expect that Buffalo Wild Wings will report full year earnings of $4.55 per share for the current fiscal year, with EPS estimates ranging from $4.28 to $4.67. For the next financial year, analysts anticipate that the firm will report earnings of $5.47 per share, with EPS estimates ranging from $5.10 to $5.90. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side research analysts that follow Buffalo Wild Wings.

Buffalo Wild Wings (NASDAQ:BWLD) last released its quarterly earnings data on Wednesday, July 26th. The restaurant operator reported $0.66 EPS for the quarter, missing the consensus estimate of $1.01 by $0.35. Buffalo Wild Wings had a net margin of 3.39% and a return on equity of 17.14%. The company had revenue of $500 million for the quarter, compared to the consensus estimate of $512.68 million. During the same period last year, the company earned $1.27 EPS. The firm’s revenue for the quarter was up 2.0% on a year-over-year basis.

A number of analysts have recently commented on the stock. UBS AG set a $185.00 target price on shares of Buffalo Wild Wings and gave the stock a “buy” rating in a research note on Thursday, April 27th. Deutsche Bank AG set a $180.00 target price on shares of Buffalo Wild Wings and gave the stock a “buy” rating in a research note on Sunday, May 28th. Mizuho assumed coverage on shares of Buffalo Wild Wings in a research note on Thursday, June 8th. They set a “neutral” rating and a $150.00 target price for the company. Barclays PLC cut their target price on shares of Buffalo Wild Wings from $165.00 to $144.00 and set an “overweight” rating for the company in a research note on Thursday, July 27th. Finally, Raymond James Financial, Inc. reissued a “market perform” rating on shares of Buffalo Wild Wings in a research note on Monday, July 24th. Two investment analysts have rated the stock with a sell rating, eighteen have assigned a hold rating and seven have assigned a buy rating to the stock. Buffalo Wild Wings presently has a consensus rating of “Hold” and an average price target of $142.55.

In related news, Director International Master F. Marcato acquired 9,100 shares of the firm’s stock in a transaction dated Tuesday, August 1st. The shares were purchased at an average cost of $109.71 per share, for a total transaction of $998,361.00. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 1.19% of the company’s stock.

Institutional investors have recently modified their holdings of the company. BlackRock Inc. raised its position in shares of Buffalo Wild Wings by 21,879.4% in the first quarter. BlackRock Inc. now owns 1,722,083 shares of the restaurant operator’s stock valued at $263,048,000 after buying an additional 1,714,248 shares in the last quarter. Vanguard Group Inc. raised its position in shares of Buffalo Wild Wings by 0.4% in the first quarter. Vanguard Group Inc. now owns 1,409,524 shares of the restaurant operator’s stock valued at $215,305,000 after buying an additional 6,256 shares in the last quarter. Clearbridge Investments LLC raised its position in shares of Buffalo Wild Wings by 59.2% in the first quarter. Clearbridge Investments LLC now owns 824,911 shares of the restaurant operator’s stock valued at $126,005,000 after buying an additional 306,743 shares in the last quarter. Alliancebernstein L.P. raised its position in shares of Buffalo Wild Wings by 6.6% in the second quarter. Alliancebernstein L.P. now owns 655,269 shares of the restaurant operator’s stock valued at $83,023,000 after buying an additional 40,406 shares in the last quarter. Finally, Koch Industries Inc. bought a new position in shares of Buffalo Wild Wings during the second quarter valued at approximately $618,000. Hedge funds and other institutional investors own 95.39% of the company’s stock.

Buffalo Wild Wings (BWLD) traded down 1.23% on Friday, hitting $108.70. 345,712 shares of the company’s stock traded hands. The stock has a market cap of $1.68 billion, a PE ratio of 27.53 and a beta of 0.86. The stock has a 50-day moving average of $117.48 and a 200-day moving average of $142.53. Buffalo Wild Wings has a one year low of $105.10 and a one year high of $175.10.

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About Buffalo Wild Wings

Buffalo Wild Wings, Inc is the owner, operator and franchisor of restaurants. As of December 25, 2016, the Company’s made-to-order menu items included 16 sauces and five seasonings, ranging from Sweet BBQ to Blazin. The Company’s restaurants offer 20 to 40 domestic and imported beers on tap, including craft brews, and a selection of bottled beers, wines and liquor.

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Earnings History and Estimates for Buffalo Wild Wings (NASDAQ:BWLD)

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