Build-A-Bear Workshop, Inc. (NYSE:BBW) has been assigned an average recommendation of “Buy” from the seven research firms that are presently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $11.67.

A number of equities research analysts recently weighed in on the company. Zacks Investment Research cut Build-A-Bear Workshop from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, June 28th. Dougherty & Co decreased their price objective on Build-A-Bear Workshop from $14.50 to $13.50 and set a “buy” rating for the company in a research note on Friday, July 28th. Finally, Jefferies Group LLC assumed coverage on Build-A-Bear Workshop in a research note on Wednesday. They set a “buy” rating and a $12.00 price objective for the company.

In other Build-A-Bear Workshop news, major shareholder Point72 Asset Management, L.P. purchased 10,000 shares of the firm’s stock in a transaction on Wednesday, August 23rd. The stock was bought at an average cost of $8.51 per share, for a total transaction of $85,100.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Over the last quarter, insiders acquired 61,000 shares of company stock valued at $537,110. 17.50% of the stock is currently owned by company insiders.

A number of institutional investors have recently added to or reduced their stakes in the business. Dynamic Technology Lab Private Ltd raised its stake in Build-A-Bear Workshop by 200.2% in the second quarter. Dynamic Technology Lab Private Ltd now owns 36,342 shares of the specialty retailer’s stock valued at $380,000 after buying an additional 24,235 shares during the last quarter. State Street Corp raised its stake in Build-A-Bear Workshop by 7.3% in the second quarter. State Street Corp now owns 219,059 shares of the specialty retailer’s stock valued at $2,288,000 after buying an additional 14,942 shares during the last quarter. Goldman Sachs Group Inc. purchased a new stake in Build-A-Bear Workshop in the second quarter valued at about $361,000. Tudor Investment Corp ET AL purchased a new stake in Build-A-Bear Workshop in the second quarter valued at about $129,000. Finally, Dimensional Fund Advisors LP raised its stake in Build-A-Bear Workshop by 1.2% in the second quarter. Dimensional Fund Advisors LP now owns 1,348,330 shares of the specialty retailer’s stock valued at $14,090,000 after buying an additional 16,237 shares during the last quarter. Institutional investors own 68.40% of the company’s stock.

Build-A-Bear Workshop (BBW) traded down 0.56% during trading on Friday, hitting $8.95. The stock had a trading volume of 166,289 shares. The stock’s 50-day moving average is $9.04 and its 200-day moving average is $9.67. The stock has a market capitalization of $140.19 million, a PE ratio of 41.44 and a beta of -0.09. Build-A-Bear Workshop has a 52-week low of $8.05 and a 52-week high of $15.85.

Build-A-Bear Workshop (NYSE:BBW) last posted its quarterly earnings results on Thursday, July 27th. The specialty retailer reported ($0.15) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.20) by $0.05. Build-A-Bear Workshop had a return on equity of 7.20% and a net margin of 0.94%. The business had revenue of $77.30 million for the quarter, compared to the consensus estimate of $78.58 million. During the same quarter in the prior year, the company earned ($0.28) EPS. The business’s revenue was up 2.9% compared to the same quarter last year. On average, analysts predict that Build-A-Bear Workshop will post $0.53 earnings per share for the current fiscal year.

Build-A-Bear Workshop announced that its board has approved a share repurchase plan on Monday, August 21st that allows the company to repurchase $20.00 million in shares. This repurchase authorization allows the specialty retailer to purchase shares of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s board believes its stock is undervalued.

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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.

Analyst Recommendations for Build-A-Bear Workshop (NYSE:BBW)

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