Buffalo Wild Wings (BWLD) Expected to Post Earnings of $1.56 Per Share

Equities analysts predict that Buffalo Wild Wings (NASDAQ:BWLD) will post earnings per share (EPS) of $1.56 for the current quarter, according to Zacks. Eight analysts have issued estimates for Buffalo Wild Wings’ earnings, with the lowest EPS estimate coming in at $1.38 and the highest estimate coming in at $1.70. Buffalo Wild Wings posted earnings per share of $0.87 during the same quarter last year, which indicates a positive year over year growth rate of 79.3%. The firm is expected to announce its next quarterly earnings report on Tuesday, February 6th.

According to Zacks, analysts expect that Buffalo Wild Wings will report full year earnings of $4.99 per share for the current financial year, with EPS estimates ranging from $4.85 to $5.12. For the next financial year, analysts expect that the business will post earnings of $5.58 per share, with EPS estimates ranging from $4.80 to $6.65. Zacks Investment Research’s EPS averages are a mean average based on a survey of analysts that that provide coverage for Buffalo Wild Wings.

Buffalo Wild Wings (NASDAQ:BWLD) last announced its quarterly earnings data on Wednesday, October 25th. The restaurant operator reported $1.36 EPS for the quarter, beating the Thomson Reuters’ 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 for the quarter, compared to the consensus estimate of $500.97 million. During the same period in the previous year, the business earned $1.23 earnings per share. The business’s revenue was up .5% on a year-over-year basis.

Several brokerages have recently commented on BWLD. BidaskClub downgraded Buffalo Wild Wings from a “hold” rating to a “sell” rating in a research report on Saturday, January 6th. Barclays lowered their price objective on Buffalo Wild Wings from $144.00 to $128.00 and set an “overweight” rating on the stock in a research report on Wednesday, October 18th. Zacks Investment Research upgraded Buffalo Wild Wings from a “strong sell” rating to a “hold” rating in a research report on Tuesday, September 26th. Cowen restated a “market perform” rating and issued a $110.00 price objective on shares of Buffalo Wild Wings in a research report on Wednesday, September 20th. Finally, BMO Capital Markets set a $157.00 price objective on Buffalo Wild Wings and gave the company a “hold” rating in a research report on Wednesday, November 29th. Three equities research analysts have rated the stock with a sell rating, twenty-three have given a hold rating and three have assigned a buy rating to the stock. Buffalo Wild Wings presently has a consensus rating of “Hold” and an average price target of $144.67.

In other Buffalo Wild Wings 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 sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director International Master F. Marcato acquired 950,000 shares of Buffalo Wild Wings stock in a transaction on Tuesday, December 19th. The shares were bought at an average cost of $156.60 per share, for a total transaction of $148,770,000.00. The disclosure for this purchase can be found here. 1.19% of the stock is currently owned by insiders.

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Nisa Investment Advisors LLC increased its stake in Buffalo Wild Wings by 65.6% during the fourth quarter. Nisa Investment Advisors LLC now owns 6,310 shares of the restaurant operator’s stock worth $987,000 after acquiring an additional 2,500 shares during the last quarter. 3G Capital Partners LP bought a new stake in Buffalo Wild Wings during the third quarter worth approximately $30,290,000. Lenox Wealth Management Inc. increased its stake in Buffalo Wild Wings by 13.3% during the third quarter. Lenox Wealth Management Inc. now owns 3,939 shares of the restaurant operator’s stock worth $416,000 after acquiring an additional 463 shares during the last quarter. Prospector Partners LLC increased its stake in Buffalo Wild Wings by 8.8% during the third quarter. Prospector Partners LLC now owns 78,420 shares of the restaurant operator’s stock worth $8,289,000 after acquiring an additional 6,310 shares during the last quarter. Finally, Segall Bryant & Hamill LLC increased its stake in Buffalo Wild Wings by 4.2% during the third quarter. Segall Bryant & Hamill LLC now owns 106,500 shares of the restaurant operator’s stock worth $11,257,000 after acquiring an additional 4,282 shares during the last quarter. 91.92% of the stock is currently owned by institutional investors.

Buffalo Wild Wings (BWLD) opened at $156.75 on Friday. Buffalo Wild Wings has a 52-week low of $95.00 and a 52-week high of $165.70. The company has a market capitalization of $2,430.00, a PE ratio of 40.82, a PEG ratio of 1.72 and a beta of 0.90. The company has a debt-to-equity ratio of 1.60, a current ratio of 0.70 and a quick ratio of 0.61.

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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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