Buffalo Wild Wings, Inc. (BWLD) Set to Announce Earnings on Tuesday
Buffalo Wild Wings, Inc. (NASDAQ:BWLD) is set to release its earnings data after the market closes on Tuesday, October 24th. Analysts expect Buffalo Wild Wings to post earnings of $1.21 per share for the quarter. Buffalo Wild Wings has set its FY17 guidance at $4.50-5.00 EPS.
Buffalo Wild Wings (NASDAQ:BWLD) last released its earnings results on Wednesday, July 26th. The restaurant operator reported $0.66 earnings per share for the quarter, missing analysts’ consensus estimates of $1.01 by ($0.35). The business had revenue of $500.00 million during the quarter, compared to the consensus estimate of $512.68 million. Buffalo Wild Wings had a net margin of 3.39% and a return on equity of 17.14%. The firm’s revenue for the quarter was up 2.0% on a year-over-year basis. During the same period last year, the business posted $1.27 EPS. On average, analysts expect Buffalo Wild Wings to post $4.45 EPS for the current fiscal year and $5.35 EPS for the next fiscal year.
Buffalo Wild Wings, Inc. (NASDAQ:BWLD) opened at 102.35 on Tuesday. The company has a market cap of $1.59 billion, a P/E ratio of 25.92 and a beta of 0.83. The company has a 50-day moving average of $103.57 and a 200-day moving average of $128.55. Buffalo Wild Wings, Inc. has a 52-week low of $95.00 and a 52-week high of $175.10.
In other Buffalo Wild Wings news, Director International Master F. Marcato bought 9,100 shares of the business’s stock in a transaction on Tuesday, August 1st. The stock was purchased at an average price of $109.71 per share, for a total transaction of $998,361.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.19% of the stock is owned by company insiders.
Several research analysts have weighed in on the stock. Stephens downgraded shares of Buffalo Wild Wings from an “overweight” rating to an “equal weight” rating and lowered their price objective for the stock from $195.00 to $145.00 in a report on Wednesday, July 5th. Deutsche Bank AG restated a “buy” rating and set a $180.00 price objective on shares of Buffalo Wild Wings in a report on Wednesday, June 28th. TheStreet downgraded shares of Buffalo Wild Wings from a “b-” rating to a “c” rating in a report on Thursday, June 22nd. Canaccord Genuity lowered their price objective on shares of Buffalo Wild Wings from $160.00 to $135.00 and set a “hold” rating on the stock in a report on Friday, July 7th. Finally, UBS AG restated a “buy” rating and set a $175.00 price objective on shares of Buffalo Wild Wings in a report on Monday, July 10th. Two analysts have rated the stock with a sell rating, eighteen have issued a hold rating and six have issued a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $135.65.
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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