Wall Street analysts expect Buffalo Wild Wings, Inc. (NASDAQ:BWLD) to post earnings of $0.85 per share for the current quarter, Zacks Investment Research reports. Seven analysts have made estimates for Buffalo Wild Wings’ earnings, with estimates ranging from $0.70 to $0.95. Buffalo Wild Wings posted earnings per share of $1.23 during the same quarter last year, which indicates a negative year over year growth rate of 30.9%. The firm is scheduled to issue its next earnings results 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 year, with EPS estimates ranging from $4.28 to $4.67. For the next fiscal 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’ earnings per share calculations are a mean average based on a survey of sell-side analysts that that provide coverage for Buffalo Wild Wings.

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

Several equities research analysts recently weighed in on the stock. UBS AG reaffirmed a “buy” rating and issued a $175.00 price objective (down previously from $185.00) on shares of Buffalo Wild Wings in a report on Monday, June 12th. Deutsche Bank AG set a $180.00 price target on shares of Buffalo Wild Wings and gave the company a “buy” rating in a report on Sunday, May 28th. BMO Capital Markets reissued a “market perform” rating and issued a $150.00 price target (down from $155.00) on shares of Buffalo Wild Wings in a report on Monday, June 5th. Wedbush raised shares of Buffalo Wild Wings from an “underperform” rating to a “neutral” rating and set a $115.00 price target for the company in a report on Thursday, July 20th. Finally, Stephens reissued an “equal weight” rating and issued a $145.00 price target on shares of Buffalo Wild Wings in a report on Wednesday, July 26th. Two investment analysts have rated the stock with a sell rating, eighteen have assigned a hold rating and seven have issued a buy rating to the company. Buffalo Wild Wings presently has an average rating of “Hold” and a consensus price target of $142.55.

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Shares of Buffalo Wild Wings (BWLD) traded down 2.62% during midday trading on Thursday, reaching $96.45. 634,668 shares of the company’s stock traded hands. The firm’s 50-day moving average price is $109.68 and its 200 day moving average price is $137.57. The stock has a market capitalization of $1.49 billion, a P/E ratio of 24.43 and a beta of 0.86. Buffalo Wild Wings has a 1-year low of $95.00 and a 1-year high of $175.10.

In other Buffalo Wild Wings news, Director International Master F. Marcato bought 9,100 shares of the company’s stock in a transaction dated Tuesday, August 1st. The shares were bought at an average price of $109.71 per share, for a total transaction of $998,361.00. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. 1.19% of the stock is owned by corporate insiders.

Several hedge funds and other institutional investors have recently made changes to their positions in BWLD. BlackRock Inc. grew its stake in shares of Buffalo Wild Wings by 21,879.4% in the 1st 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. Koch Industries Inc. bought a new stake in shares of Buffalo Wild Wings in the 2nd quarter valued at approximately $618,000. Clearbridge Investments LLC grew its stake in shares of Buffalo Wild Wings by 59.2% in the 1st 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. Victory Capital Management Inc. grew its stake in shares of Buffalo Wild Wings by 40,702.8% in the 1st quarter. Victory Capital Management Inc. now owns 221,151 shares of the restaurant operator’s stock valued at $33,781,000 after buying an additional 220,609 shares in the last quarter. Finally, Clearfield Capital Management LP bought a new stake in shares of Buffalo Wild Wings in the 1st quarter valued at approximately $23,585,000. 89.21% of the stock is owned by institutional investors and hedge funds.

Buffalo Wild Wings Company Profile

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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