Buffalo Wild Wings (NASDAQ:BWLD) has been assigned a $157.00 price objective by stock analysts at Stifel Nicolaus in a research report issued on Wednesday, November 29th. The firm presently has a “hold” rating on the restaurant operator’s stock. Stifel Nicolaus’ price objective indicates a potential upside of 0.42% from the stock’s current price.
Several other equities research analysts have also recently weighed in on BWLD. Cowen reissued a “hold” rating and issued a $110.00 price objective 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 issued a $135.00 price objective on shares of Buffalo Wild Wings in a research report on Friday, September 15th. 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 report on Tuesday, September 19th. Finally, Zacks Investment Research raised Buffalo Wild Wings from a “strong sell” rating to a “hold” rating in a research report on Tuesday, September 26th. Two research analysts have rated the stock with a sell rating, twenty-three have issued a hold rating and three have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $144.67.
Shares of Buffalo Wild Wings (BWLD) opened at $156.35 on Wednesday. Buffalo Wild Wings has a 12-month low of $95.00 and a 12-month high of $165.70. The company has a debt-to-equity ratio of 1.60, a current ratio of 0.70 and a quick ratio of 0.61. The firm has a market capitalization of $2,428.12, a P/E ratio of 40.72, a PEG ratio of 1.91 and a beta of 0.90.
In other Buffalo Wild Wings news, Director Marcato Capital Management Lp sold 200,094 shares of the stock in a transaction 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 document filed with the Securities & Exchange Commission, which is available through this link. Also, Director International Master F. Marcato sold 987,284 shares of the stock in a transaction on Thursday, November 30th. The stock was 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. Corporate insiders own 1.19% of the company’s stock.
Institutional investors have recently added to or reduced their stakes in the business. Koch Industries Inc. bought a new stake in shares of Buffalo Wild Wings during the second quarter worth $618,000. 3G Capital Partners LP bought a new stake in shares of Buffalo Wild Wings during the third quarter worth $30,290,000. Victory Capital Management Inc. grew its holdings in shares of Buffalo Wild Wings by 36.8% during the third quarter. Victory Capital Management Inc. now owns 410,928 shares of the restaurant operator’s stock worth $43,435,000 after purchasing an additional 110,439 shares during the last quarter. Chilton Investment Co. LLC bought a new stake in shares of Buffalo Wild Wings during the second quarter worth $9,796,000. Finally, Prudential Financial Inc. grew its holdings in shares of Buffalo Wild Wings by 628.5% during the third quarter. Prudential Financial Inc. now owns 80,365 shares of the restaurant operator’s stock worth $8,495,000 after purchasing an additional 69,334 shares during the last quarter. Hedge funds and other institutional investors own 91.92% of the company’s stock.
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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.
