Buffalo Wild Wings, Inc. (NASDAQ:BWLD) – Equities research analysts at Jefferies Group increased their FY2017 earnings per share estimates for shares of Buffalo Wild Wings in a research note issued on Wednesday. Jefferies Group analyst A. Slagle now forecasts that the restaurant operator will post earnings of $5.03 per share for the year, up from their previous forecast of $4.60. Jefferies Group also issued estimates for Buffalo Wild Wings’ Q3 2018 earnings at $1.46 EPS and FY2018 earnings at $5.70 EPS.

Several other research analysts have also issued reports on BWLD. Stephens lowered Buffalo Wild Wings from an “overweight” rating to an “equal weight” rating and reduced their price target for the stock from $195.00 to $145.00 in a research report on Wednesday, July 5th. Longbow Research upgraded Buffalo Wild Wings from an “underperform” rating to a “neutral” rating in a research report on Thursday, July 6th. Canaccord Genuity reduced their target price on Buffalo Wild Wings from $160.00 to $135.00 and set a “hold” rating on the stock in a report on Friday, July 7th. Telsey Advisory Group reiterated an “outperform” rating and set a $145.00 target price (down from $175.00) on shares of Buffalo Wild Wings in a report on Monday, July 10th. Finally, UBS AG reiterated a “buy” rating and set a $175.00 target price on shares of Buffalo Wild Wings in a report on Monday, July 10th. Two equities research analysts have rated the stock with a sell rating, eighteen have given a hold rating and seven have given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $131.57.

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Shares of Buffalo Wild Wings (NASDAQ:BWLD) opened at 124.50 on Monday. The stock’s 50 day moving average price is $105.68 and its 200 day moving average price is $125.81. Buffalo Wild Wings has a one year low of $95.00 and a one year high of $175.10. The stock has a market capitalization of $1.93 billion, a P/E ratio of 31.53 and a beta of 0.83.

Buffalo Wild Wings (NASDAQ:BWLD) last announced its earnings results on Wednesday, October 25th. The restaurant operator reported $1.36 EPS for the quarter, beating the consensus estimate of $0.79 by $0.57. Buffalo Wild Wings had a return on equity of 21.39% and a net margin of 3.17%. The business had revenue of $496.70 million during the quarter, compared to the consensus estimate of $500.97 million. During the same period in the prior year, the business posted $1.23 earnings per share. Buffalo Wild Wings’s revenue was up .5% compared to the same quarter last year.

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Public Employees Retirement System of Ohio increased its position in Buffalo Wild Wings by 10.9% during the first quarter. Public Employees Retirement System of Ohio now owns 765 shares of the restaurant operator’s stock worth $117,000 after buying an additional 75 shares during the last quarter. Suntrust Banks Inc. increased its position in Buffalo Wild Wings by 4.1% during the second quarter. Suntrust Banks Inc. now owns 2,552 shares of the restaurant operator’s stock worth $323,000 after buying an additional 101 shares during the last quarter. LS Investment Advisors LLC increased its position in Buffalo Wild Wings by 9.1% during the second quarter. LS Investment Advisors LLC now owns 1,577 shares of the restaurant operator’s stock worth $200,000 after buying an additional 131 shares during the last quarter. Thrivent Financial For Lutherans increased its position in Buffalo Wild Wings by 5.4% during the first quarter. Thrivent Financial For Lutherans now owns 3,290 shares of the restaurant operator’s stock worth $503,000 after buying an additional 170 shares during the last quarter. Finally, Northwestern Mutual Investment Management Company LLC increased its position in Buffalo Wild Wings by 8.4% during the second quarter. Northwestern Mutual Investment Management Company LLC now owns 3,249 shares of the restaurant operator’s stock worth $451,000 after buying an additional 252 shares during the last quarter. 88.48% of the stock is currently owned by hedge funds and other institutional investors.

In related news, Director International Master F. Marcato bought 9,100 shares of the stock in a transaction that occurred on Tuesday, August 1st. The shares were acquired at an average price of $109.71 per share, with a total value of $998,361.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.19% of the stock is currently owned by insiders.

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.

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

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