Build-A-Bear Workshop (NYSE:BBW) Shares Pass Above 200-Day Moving Average – Here’s Why

Build-A-Bear Workshop, Inc. (NYSE:BBW) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $55.95 and traded as high as $60.00. Build-A-Bear Workshop shares last traded at $60.19, with a volume of 154,803 shares.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on BBW shares. Zacks Research downgraded Build-A-Bear Workshop from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 6th. DA Davidson lowered their price objective on shares of Build-A-Bear Workshop from $85.00 to $70.00 and set a “buy” rating for the company in a research note on Friday, December 5th. CJS Securities assumed coverage on shares of Build-A-Bear Workshop in a report on Wednesday, December 10th. They set a “market outperform” rating and a $70.00 target price on the stock. Northland Securities raised their target price on shares of Build-A-Bear Workshop from $60.00 to $80.00 and gave the company an “outperform” rating in a research report on Friday, August 29th. Finally, Wall Street Zen cut shares of Build-A-Bear Workshop from a “buy” rating to a “hold” rating in a research report on Saturday, December 6th. Five equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $64.75.

Build-A-Bear Workshop Price Performance

The business has a 50-day moving average of $52.55 and a two-hundred day moving average of $55.95. The company has a market cap of $779.46 million, a P/E ratio of 13.84 and a beta of 1.01.

Build-A-Bear Workshop (NYSE:BBW) last released its quarterly earnings results on Thursday, December 4th. The specialty retailer reported $0.62 EPS for the quarter, beating the consensus estimate of $0.55 by $0.07. Build-A-Bear Workshop had a net margin of 10.93% and a return on equity of 38.43%. The business had revenue of $122.68 million during the quarter, compared to analyst estimates of $124.28 million. During the same period in the prior year, the firm posted $0.73 earnings per share. Equities analysts anticipate that Build-A-Bear Workshop, Inc. will post 3.71 EPS for the current fiscal year.

Build-A-Bear Workshop Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 8th. Shareholders of record on Wednesday, November 26th will be paid a $0.22 dividend. This represents a $0.88 annualized dividend and a yield of 1.5%. The ex-dividend date is Wednesday, November 26th. Build-A-Bear Workshop’s dividend payout ratio (DPR) is 20.23%.

Insider Buying and Selling at Build-A-Bear Workshop

In other news, Director Lesli Rotenberg sold 1,000 shares of the company’s stock in a transaction on Monday, October 13th. The stock was sold at an average price of $61.34, for a total transaction of $61,340.00. Following the transaction, the director directly owned 9,825 shares of the company’s stock, valued at approximately $602,665.50. This represents a 9.24% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Craig Leavitt sold 4,000 shares of the stock in a transaction on Monday, October 6th. The shares were sold at an average price of $60.61, for a total value of $242,440.00. Following the sale, the director owned 64,142 shares of the company’s stock, valued at approximately $3,887,646.62. This represents a 5.87% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 6,000 shares of company stock worth $363,760 over the last ninety days. Corporate insiders own 5.80% of the company’s stock.

Institutional Investors Weigh In On Build-A-Bear Workshop

Several institutional investors have recently added to or reduced their stakes in BBW. Vanguard Group Inc. grew its stake in shares of Build-A-Bear Workshop by 1.4% during the first quarter. Vanguard Group Inc. now owns 995,693 shares of the specialty retailer’s stock worth $37,010,000 after acquiring an additional 13,713 shares during the last quarter. Thrivent Financial for Lutherans grew its position in Build-A-Bear Workshop by 22.0% during the 3rd quarter. Thrivent Financial for Lutherans now owns 917,479 shares of the specialty retailer’s stock worth $59,828,000 after purchasing an additional 165,159 shares during the last quarter. American Century Companies Inc. increased its stake in Build-A-Bear Workshop by 6.7% during the 3rd quarter. American Century Companies Inc. now owns 535,791 shares of the specialty retailer’s stock valued at $34,939,000 after purchasing an additional 33,445 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of Build-A-Bear Workshop by 2.4% in the second quarter. Geode Capital Management LLC now owns 318,688 shares of the specialty retailer’s stock worth $16,434,000 after buying an additional 7,428 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership raised its holdings in shares of Build-A-Bear Workshop by 3.1% in the third quarter. Arrowstreet Capital Limited Partnership now owns 307,662 shares of the specialty retailer’s stock worth $20,063,000 after buying an additional 9,221 shares during the last quarter. Institutional investors and hedge funds own 79.30% of the company’s stock.

Build-A-Bear Workshop Company Profile

Build-A-Bear Workshop, Inc operates a specialty retail business focused on interactive “workshop” experiences that allow customers to create customized stuffed animals. Through its in-store and online platforms, the company offers a wide range of plush toys, apparel, accessories and sound modules, enabling guests to personalize each creation. In addition to its core bear products, Build-A-Bear has expanded its portfolio to include licensed characters from leading entertainment and media franchises.

Founded in 1997 by Maxine Clark and headquartered in St.