Brokerages Set Build-A-Bear Workshop, Inc. (NYSE:BBW) PT at $73.33

Build-A-Bear Workshop, Inc. (NYSE:BBW) has been given a consensus recommendation of “Moderate Buy” by the five analysts that are covering the company, MarketBeat.com reports. Two investment analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 1 year price objective among brokers that have covered the stock in the last year is $73.3333.

BBW has been the subject of several analyst reports. Weiss Ratings downgraded Build-A-Bear Workshop from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, April 10th. Zacks Research raised Build-A-Bear Workshop from a “strong sell” rating to a “hold” rating in a research note on Tuesday, March 3rd.

Build-A-Bear Workshop Stock Down 1.1%

Shares of Build-A-Bear Workshop stock opened at $34.95 on Friday. The company has a market cap of $439.61 million, a PE ratio of 8.76 and a beta of 1.06. Build-A-Bear Workshop has a 52 week low of $34.08 and a 52 week high of $75.85. The business has a 50 day moving average price of $38.59 and a 200-day moving average price of $49.46.

Build-A-Bear Workshop (NYSE:BBW) last issued its quarterly earnings data on Thursday, March 12th. The specialty retailer reported $1.26 EPS for the quarter, missing the consensus estimate of $1.27 by ($0.01). The company had revenue of $154.51 million during the quarter, compared to analysts’ expectations of $155.71 million. Build-A-Bear Workshop had a return on equity of 34.25% and a net margin of 9.85%. As a group, research analysts anticipate that Build-A-Bear Workshop will post 3.86 EPS for the current year.

Build-A-Bear Workshop Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 9th. Stockholders of record on Thursday, March 26th were paid a $0.23 dividend. This represents a $0.92 annualized dividend and a dividend yield of 2.6%. This is a boost from Build-A-Bear Workshop’s previous quarterly dividend of $0.22. The ex-dividend date of this dividend was Thursday, March 26th. Build-A-Bear Workshop’s dividend payout ratio (DPR) is currently 23.06%.

Institutional Trading of Build-A-Bear Workshop

A number of hedge funds have recently bought and sold shares of the business. Royal Bank of Canada lifted its holdings in Build-A-Bear Workshop by 316.3% during the first quarter. Royal Bank of Canada now owns 4,259 shares of the specialty retailer’s stock worth $159,000 after acquiring an additional 3,236 shares during the period. Caxton Associates LLP bought a new stake in Build-A-Bear Workshop during the first quarter worth $239,000. Bank of Nova Scotia bought a new stake in Build-A-Bear Workshop during the first quarter worth $232,000. Militia Capital Management LLC bought a new stake in Build-A-Bear Workshop during the first quarter worth $303,000. Finally, Chase Investment Counsel Corp bought a new stake in Build-A-Bear Workshop during the first quarter worth $973,000. 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.