Build-A-Bear Workshop (NYSE:BBW) Stock Price Down 8.2% – Should You Sell?

Build-A-Bear Workshop, Inc. (NYSE:BBW)’s stock price traded down 8.2% on Tuesday . The stock traded as low as $65.46 and last traded at $64.86. 173,219 shares traded hands during mid-day trading, a decline of 49% from the average session volume of 338,317 shares. The stock had previously closed at $70.62.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the company. DA Davidson cut their price objective on Build-A-Bear Workshop from $85.00 to $70.00 and set a “buy” rating for the company in a report on Friday, December 5th. Weiss Ratings reissued a “buy (b)” rating on shares of Build-A-Bear Workshop in a research note on Tuesday, December 23rd. Wall Street Zen lowered shares of Build-A-Bear Workshop from a “buy” rating to a “hold” rating in a report on Saturday, December 6th. CJS Securities started coverage on shares of Build-A-Bear Workshop in a research report on Wednesday, December 10th. They set a “market outperform” rating and a $70.00 price objective on the stock. Finally, Zacks Research lowered shares of Build-A-Bear Workshop from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 6th. Five research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, Build-A-Bear Workshop currently has an average rating of “Moderate Buy” and a consensus price target of $64.75.

Build-A-Bear Workshop Price Performance

The stock has a market capitalization of $840.92 million, a PE ratio of 14.93 and a beta of 1.01. The firm’s 50 day simple moving average is $56.59 and its 200 day simple moving average is $57.67.

Build-A-Bear Workshop (NYSE:BBW) last released its 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. The company had revenue of $122.68 million for the quarter, compared to analyst estimates of $124.28 million. Build-A-Bear Workshop had a net margin of 10.93% and a return on equity of 38.43%. During the same quarter last year, the firm earned $0.73 EPS. Analysts expect that Build-A-Bear Workshop, Inc. will post 3.71 earnings per share for the current fiscal year.

Build-A-Bear Workshop Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 8th. Stockholders of record on Wednesday, November 26th were issued a $0.22 dividend. The ex-dividend date was Wednesday, November 26th. This represents a $0.88 annualized dividend and a dividend yield of 1.4%. Build-A-Bear Workshop’s payout ratio is currently 20.23%.

Hedge Funds Weigh In On Build-A-Bear Workshop

Several institutional investors and hedge funds have recently bought and sold shares of the stock. IFP Advisors Inc increased its stake in Build-A-Bear Workshop by 68.1% in the 3rd quarter. IFP Advisors Inc now owns 501 shares of the specialty retailer’s stock worth $33,000 after purchasing an additional 203 shares during the period. Larson Financial Group LLC grew its holdings in shares of Build-A-Bear Workshop by 453.1% in the third quarter. Larson Financial Group LLC now owns 542 shares of the specialty retailer’s stock worth $35,000 after purchasing an additional 444 shares during the last quarter. Blue Trust Inc. increased its stake in shares of Build-A-Bear Workshop by 163.0% in the fourth quarter. Blue Trust Inc. now owns 668 shares of the specialty retailer’s stock worth $41,000 after buying an additional 414 shares during the period. State of Alaska Department of Revenue bought a new stake in Build-A-Bear Workshop during the 3rd quarter valued at $45,000. Finally, Covestor Ltd boosted its position in Build-A-Bear Workshop by 214.3% during the 3rd quarter. Covestor Ltd now owns 682 shares of the specialty retailer’s stock valued at $45,000 after buying an additional 465 shares during the period. 79.30% of the stock is currently owned by institutional investors.

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.