Wall Street brokerages expect Buffalo Wild Wings, Inc. (NASDAQ:BWLD) to post $542.64 million in sales for the current fiscal quarter, according to Zacks. Eight analysts have provided estimates for Buffalo Wild Wings’ earnings. The highest sales estimate is $555.49 million and the lowest is $532.67 million. Buffalo Wild Wings posted sales of $494.19 million during the same quarter last year, which would indicate a positive year-over-year growth rate of 9.8%. The firm is expected to report its next earnings results on Tuesday, February 6th.

On average, analysts expect that Buffalo Wild Wings will report full year sales of $542.64 million for the current financial year, with estimates ranging from $2.06 billion to $2.09 billion. For the next financial year, analysts anticipate that the business will post sales of $2.06 billion per share, with estimates ranging from $1.94 billion to $2.11 billion. Zacks Investment Research’s sales averages are an average based on a survey of research analysts that that provide coverage for Buffalo Wild Wings.

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

A number of brokerages have recently weighed in on BWLD. Zacks Investment Research cut Buffalo Wild Wings from a “hold” rating to a “sell” rating in a research report on Friday, October 27th. Mizuho restated a “hold” rating and issued a $120.00 target price on shares of Buffalo Wild Wings in a research report on Friday, October 27th. Barclays PLC raised their target price on Buffalo Wild Wings from $128.00 to $133.00 and gave the company an “overweight” rating in a research report on Thursday, October 26th. BMO Capital Markets set a $120.00 target price on Buffalo Wild Wings and gave the company a “hold” rating in a research report on Thursday, October 26th. Finally, Deutsche Bank AG raised their target price on Buffalo Wild Wings from $130.00 to $135.00 and gave the company a “buy” rating in a research report on Thursday, October 26th. Two research analysts have rated the stock with a sell rating, eighteen have given a hold rating and seven have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $131.57.

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Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Public Employees Retirement System of Ohio boosted its stake in shares of Buffalo Wild Wings by 10.9% during the 1st quarter. Public Employees Retirement System of Ohio now owns 765 shares of the restaurant operator’s stock worth $117,000 after acquiring an additional 75 shares in the last quarter. Suntrust Banks Inc. boosted its position in shares of Buffalo Wild Wings by 4.1% in 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 period. LS Investment Advisors LLC boosted its position in shares of Buffalo Wild Wings by 9.1% in 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 period. Thrivent Financial For Lutherans boosted its position in shares of Buffalo Wild Wings by 5.4% in 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 period. Finally, Northwestern Mutual Investment Management Company LLC boosted its position in shares of Buffalo Wild Wings by 8.4% in 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 period. 88.48% of the stock is owned by institutional investors and hedge funds.

Shares of Buffalo Wild Wings (BWLD) opened at $116.95 on Friday. The company has a current ratio of 0.70, a quick ratio of 0.61 and a debt-to-equity ratio of 1.60. The firm has a market capitalization of $1,814.13, a P/E ratio of 27.01, a PEG ratio of 1.43 and a beta of 0.79. Buffalo Wild Wings has a 1 year low of $95.00 and a 1 year high of $175.10.

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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