Brokerages predict that Buffalo Wild Wings, Inc. (NASDAQ:BWLD) will announce sales of $542.64 million for the current quarter, according to Zacks. Eight analysts have made estimates for Buffalo Wild Wings’ earnings. The lowest sales estimate is $532.67 million and the highest is $555.49 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 company is expected to issue its next quarterly earnings report 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 expect that the company 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 a mean average based on a survey of analysts that cover Buffalo Wild Wings.

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

A number of analysts recently issued reports on BWLD shares. Cowen reissued a “hold” rating and set a $110.00 target price on shares of Buffalo Wild Wings in a research report on Friday, September 1st. Wedbush reissued a “hold” rating on shares of Buffalo Wild Wings in a research report on Friday, September 8th. Oppenheimer reissued a “buy” rating and set a $135.00 target price on shares of Buffalo Wild Wings in a research report on Friday, September 15th. Maxim Group reissued a “buy” rating and set a $145.00 target price (down previously from $160.00) on shares of Buffalo Wild Wings in a research report on Tuesday, September 19th. Finally, Zacks Investment Research raised shares of Buffalo Wild Wings from a “strong sell” rating to a “hold” rating in a research report on Tuesday, September 26th. Two equities research analysts have rated the stock with a sell rating, twenty-three have given a hold rating and three have given a buy rating to the stock. Buffalo Wild Wings presently has an average rating of “Hold” and an average price target of $144.67.

In other news, Director International Master F. Marcato sold 987,284 shares of the firm’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 transaction of $153,591,771.88. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Marcato Capital Management Lp sold 200,094 shares of the firm’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 disclosure for this sale can be found here. 1.19% of the stock is owned by company insiders.

Several hedge funds have recently added to or reduced their stakes in BWLD. Public Employees Retirement System of Ohio grew 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 worth $107,000 after buying an additional 77 shares in the last quarter. Macquarie Group Ltd. acquired a new stake in shares of Buffalo Wild Wings during the third quarter worth approximately $148,000. Riverhead Capital Management LLC grew its position in shares of Buffalo Wild Wings by 95.6% during the second quarter. Riverhead Capital Management LLC now owns 1,565 shares of the restaurant operator’s stock worth $198,000 after buying an additional 765 shares in the last quarter. Flinton Capital Management LLC grew its position in shares of Buffalo Wild Wings by 73.5% during the second quarter. Flinton Capital Management LLC now owns 1,652 shares of the restaurant operator’s stock worth $209,000 after buying an additional 700 shares in the last quarter. Finally, Commonwealth Equity Services Inc grew its position in shares of Buffalo Wild Wings by 54.4% during the third quarter. Commonwealth Equity Services Inc now owns 2,481 shares of the restaurant operator’s stock worth $262,000 after buying an additional 874 shares in the last quarter. 92.39% of the stock is owned by institutional investors and hedge funds.

Shares of Buffalo Wild Wings (NASDAQ BWLD) opened at $156.00 on Tuesday. The stock has a market cap of $2,427.35, a P/E ratio of 36.10, a P/E/G ratio of 1.91 and a beta of 0.90. Buffalo Wild Wings has a 1 year low of $95.00 and a 1 year high of $175.05. The company has a current ratio of 0.70, a quick ratio of 0.61 and a debt-to-equity ratio of 1.60.

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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.

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

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