Build-A-Bear Workshop (BBW) Updates FY18 Earnings Guidance

Build-A-Bear Workshop (NYSE:BBW) updated its FY18 earnings guidance on Thursday. The company provided earnings per share guidance of $0.53-0.57 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.56.

A number of equities research analysts recently issued reports on the stock. Zacks Investment Research raised shares of Build-A-Bear Workshop from a sell rating to a hold rating in a research note on Monday. Dougherty & Co downgraded shares of Build-A-Bear Workshop from a buy rating to a neutral rating in a research note on Friday, October 27th. Four analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The stock has an average rating of Hold and a consensus price target of $11.67.

Shares of Build-A-Bear Workshop (NYSE BBW) opened at $7.80 on Thursday. Build-A-Bear Workshop has a 12 month low of $7.25 and a 12 month high of $11.95. The firm has a market cap of $125.75, a price-to-earnings ratio of 43.34, a PEG ratio of 0.77 and a beta of -0.30.

Build-A-Bear Workshop (NYSE:BBW) last announced its earnings results on Thursday, February 15th. The specialty retailer reported $0.43 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.34 by $0.09. Build-A-Bear Workshop had a net margin of 0.83% and a return on equity of 6.33%. The business had revenue of $107.58 million for the quarter, compared to the consensus estimate of $104.00 million. During the same quarter in the prior year, the firm posted $0.31 earnings per share. The business’s revenue for the quarter was down 2.5% on a year-over-year basis. analysts anticipate that Build-A-Bear Workshop will post 0.5 earnings per share for the current fiscal year.

In other news, major shareholder Point72 Asset Management, L.P. bought 10,000 shares of Build-A-Bear Workshop stock in a transaction dated Friday, November 17th. The shares were acquired at an average price of $8.33 per share, with a total value of $83,300.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In the last three months, insiders bought 428,849 shares of company stock worth $3,884,142. Insiders own 17.50% of the company’s stock.

An institutional investor recently raised its position in Build-A-Bear Workshop stock. State Street Corp increased its stake in Build-A-Bear Workshop, Inc (NYSE:BBW) by 7.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 219,059 shares of the specialty retailer’s stock after buying an additional 14,942 shares during the period. State Street Corp owned 1.40% of Build-A-Bear Workshop worth $2,288,000 as of its most recent SEC filing. Institutional investors own 69.97% of the company’s stock.

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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.

Earnings History and Estimates for Build-A-Bear Workshop (NYSE:BBW)

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