Build-A-Bear Workshop, Inc (BBW) Given Consensus Rating of “Hold” by Brokerages

Shares of Build-A-Bear Workshop, Inc (NYSE:BBW) have been given a consensus recommendation of “Hold” by the seven research firms that are currently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating on the company. The average 12 month price target among brokerages that have covered the stock in the last year is $11.63.

Several equities analysts recently commented on the stock. Zacks Investment Research cut shares of Build-A-Bear Workshop from a “buy” rating to a “hold” rating in a research note on Tuesday, October 3rd. Dougherty & Co cut shares of Build-A-Bear Workshop from a “buy” rating to a “neutral” rating in a research note on Friday, October 27th.

In other news, major shareholder Point72 Asset Management, L.P. bought 10,300 shares of the stock in a transaction dated Wednesday, November 8th. The shares were acquired at an average price of $7.36 per share, with a total value of $75,808.00. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. In the last 90 days, insiders bought 449,149 shares of company stock valued at $4,036,950. Corporate insiders own 17.50% of the company’s stock.

A number of large investors have recently modified their holdings of the business. Rhumbline Advisers grew its holdings in Build-A-Bear Workshop by 2.6% during the 2nd quarter. Rhumbline Advisers now owns 16,259 shares of the specialty retailer’s stock worth $170,000 after acquiring an additional 415 shares during the last quarter. Parametric Portfolio Associates LLC grew its holdings in Build-A-Bear Workshop by 15.4% during the 2nd quarter. Parametric Portfolio Associates LLC now owns 14,805 shares of the specialty retailer’s stock worth $155,000 after acquiring an additional 1,978 shares during the last quarter. Northern Trust Corp grew its holdings in Build-A-Bear Workshop by 6.3% during the 2nd quarter. Northern Trust Corp now owns 177,134 shares of the specialty retailer’s stock worth $1,850,000 after acquiring an additional 10,472 shares during the last quarter. Trexquant Investment LP grew its holdings in Build-A-Bear Workshop by 72.5% during the 3rd quarter. Trexquant Investment LP now owns 25,366 shares of the specialty retailer’s stock worth $232,000 after acquiring an additional 10,662 shares during the last quarter. Finally, Tudor Investment Corp ET AL bought a new stake in Build-A-Bear Workshop during the 2nd quarter worth about $129,000. 70.60% of the stock is currently owned by hedge funds and other institutional investors.

Build-A-Bear Workshop (NYSE:BBW) remained flat at $$8.40 during trading hours on Friday. 157,700 shares of the company’s stock were exchanged, compared to its average volume of 205,325. The stock has a market capitalization of $133.71, a price-to-earnings ratio of 44.21, a PEG ratio of 0.82 and a beta of -0.17. Build-A-Bear Workshop has a 52 week low of $7.25 and a 52 week high of $13.30.

Build-A-Bear Workshop (NYSE:BBW) last released its earnings results on Thursday, October 26th. The specialty retailer reported $0.09 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.10 by ($0.01). The company had revenue of $82.40 million for the quarter, compared to analyst estimates of $85.61 million. Build-A-Bear Workshop had a net margin of 0.83% and a return on equity of 6.33%. Build-A-Bear Workshop’s revenue for the quarter was down 1.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.11 earnings per share. equities research analysts anticipate that Build-A-Bear Workshop will post 0.5 EPS for the current year.

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Build-A-Bear Workshop Company Profile

Build-A-Bear Workshop, Inc is primarily a specialty retailer offering a make your own stuffed animal interactive retail-entertainment experience. The Company’s segments include direct-to-consumer (DTC), international franchising and commercial. The DTC segment includes the activities of Company-owned stores in the United States, Canada, the United Kingdom, Ireland and Denmark, and other retail delivery operations, including its e-commerce sites and temporary stores.

Analyst Recommendations for Build-A-Bear Workshop (NYSE:BBW)

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