Buffalo Wild Wings (NASDAQ:BWLD) was downgraded by stock analysts at Dougherty & Co from a “buy” rating to a “neutral” rating in a research note issued to investors on Friday.

A number of other brokerages also recently weighed in on BWLD. Maxim Group reissued a “buy” rating and issued a $145.00 price objective (down from $160.00) on shares of Buffalo Wild Wings in a research note on Tuesday, September 19th. Oppenheimer reissued a “buy” rating and issued a $135.00 price objective on shares of Buffalo Wild Wings in a research note on Friday, September 15th. UBS set a $140.00 price objective on Buffalo Wild Wings and gave the company a “buy” rating in a research note on Wednesday, October 11th. Deutsche Bank raised their price objective on Buffalo Wild Wings from $130.00 to $135.00 and gave the company a “buy” rating in a research note on Thursday, October 26th. Finally, Stephens cut their price objective on Buffalo Wild Wings from $120.00 to $105.00 and set an “equal weight” rating on the stock in a research note on Wednesday, October 11th. Two equities research analysts have rated the stock with a sell rating, twenty-three have given a hold rating and three have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $144.67.

Shares of Buffalo Wild Wings (NASDAQ:BWLD) traded up $0.30 during trading on Friday, hitting $155.95. The stock had a trading volume of 2,771,800 shares, compared to its average volume of 561,985. The firm has a market cap of $2,410.00, a price-to-earnings ratio of 35.94, a price-to-earnings-growth ratio of 1.91 and a beta of 0.79. The company has a current ratio of 0.70, a quick ratio of 0.61 and a debt-to-equity ratio of 1.60. Buffalo Wild Wings has a fifty-two week low of $95.00 and a fifty-two week high of $175.10.

Buffalo Wild Wings (NASDAQ:BWLD) last announced its quarterly earnings results on Wednesday, October 25th. The restaurant operator reported $1.36 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.79 by $0.57. The business had revenue of $496.70 million during the quarter, compared to analyst estimates of $500.97 million. Buffalo Wild Wings had a return on equity of 21.39% and a net margin of 3.17%. The firm’s revenue was up .5% on a year-over-year basis. During the same period in the previous year, the company earned $1.23 EPS. equities research analysts predict that Buffalo Wild Wings will post 4.97 EPS for the current year.

In other news, Director Marcato Capital Management Lp sold 200,094 shares of the business’s stock in a transaction that occurred on Tuesday, November 28th. The stock was sold at an average price of $155.54, for a total transaction of $31,122,620.76. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director International Master F. Marcato sold 987,284 shares of the business’s stock in a transaction that occurred on Thursday, November 30th. The shares were sold at an average price of $155.57, for a total value of $153,591,771.88. The disclosure for this sale can be found here. Insiders own 1.19% of the company’s stock.

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Public Employees Retirement System of Ohio increased its position in shares of Buffalo Wild Wings by 10.1% during the second quarter. Public Employees Retirement System of Ohio now owns 842 shares of the restaurant operator’s stock valued at $107,000 after purchasing an additional 77 shares during the period. Macquarie Group Ltd. acquired a new stake in Buffalo Wild Wings in the 3rd quarter valued at $148,000. Riverhead Capital Management LLC boosted its stake in Buffalo Wild Wings by 95.6% in the 2nd quarter. Riverhead Capital Management LLC now owns 1,565 shares of the restaurant operator’s stock valued at $198,000 after buying an additional 765 shares in the last quarter. LS Investment Advisors LLC boosted its stake in Buffalo Wild Wings by 9.1% in the 2nd quarter. LS Investment Advisors LLC now owns 1,577 shares of the restaurant operator’s stock valued at $200,000 after buying an additional 131 shares in the last quarter. Finally, Flinton Capital Management LLC boosted its stake in Buffalo Wild Wings by 73.5% in the 2nd quarter. Flinton Capital Management LLC now owns 1,652 shares of the restaurant operator’s stock valued at $209,000 after buying an additional 700 shares in the last quarter. Institutional investors and hedge funds own 92.49% of the company’s stock.

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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.

Analyst Recommendations for Buffalo Wild Wings (NASDAQ:BWLD)

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