Buffalo Wild Wings (NASDAQ:BWLD) was the target of a large drop in short interest during the month of January. As of January 31st, there was short interest totalling 1,113,496 shares, a drop of 48.4% from the January 12th total of 2,157,255 shares. Currently, 7.2% of the shares of the company are short sold. Based on an average daily volume of 384,641 shares, the short-interest ratio is presently 2.9 days.
Several equities analysts have weighed in on BWLD shares. Deutsche Bank lifted their price objective on Buffalo Wild Wings from $130.00 to $135.00 and gave the company a “buy” rating in a report on Thursday, October 26th. Maxim Group lifted their price objective on Buffalo Wild Wings from $145.00 to $160.00 and gave the company a “buy” rating in a report on Thursday, October 26th. BidaskClub cut Buffalo Wild Wings from a “sell” rating to a “strong sell” rating in a report on Tuesday, January 16th. Zacks Investment Research cut Buffalo Wild Wings from a “hold” rating to a “sell” rating in a report on Tuesday, January 2nd. Finally, UBS Group set a $140.00 price objective on Buffalo Wild Wings and gave the company a “buy” rating in a report on Thursday, October 26th. One equities research analyst has rated the stock with a sell rating, twenty-two have issued a hold rating and four have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $146.09.
In other Buffalo Wild Wings news, Director Marcato Capital Management Lp sold 200,094 shares of Buffalo Wild Wings stock in a transaction on Tuesday, November 28th. The stock was sold at an average price of $155.54, for a total value of $31,122,620.76. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director International Master F. Marcato acquired 950,000 shares of the company’s stock in a transaction on Tuesday, December 19th. The stock was bought at an average cost of $156.60 per share, with a total value of $148,770,000.00. The disclosure for this purchase can be found here. Company insiders own 1.19% of the company’s stock.
Shares of Buffalo Wild Wings (NASDAQ BWLD) opened at $156.95 on Monday. The firm has a market capitalization of $2,430.00, a price-to-earnings ratio of 40.87, a P/E/G ratio of 1.72 and a beta of 0.88. Buffalo Wild Wings has a 52-week low of $95.00 and a 52-week high of $165.70. 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 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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