Analysts Set Build-A-Bear Workshop, Inc. (NYSE:BBW) PT at $70.00

Shares of Build-A-Bear Workshop, Inc. (NYSE:BBW) have been given a consensus recommendation of “Moderate Buy” by the five analysts that are currently covering the stock, MarketBeat reports. Two research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12-month target price among brokerages that have covered the stock in the last year is $70.00.

Several equities analysts have recently commented on the company. Weiss Ratings downgraded Build-A-Bear Workshop from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, May 20th. Zacks Research upgraded Build-A-Bear Workshop from a “strong sell” rating to a “hold” rating in a research report on Tuesday, March 3rd. Finally, DA Davidson restated a “buy” rating and issued a $60.00 price objective on shares of Build-A-Bear Workshop in a research report on Friday, May 29th.

Insider Activity at Build-A-Bear Workshop

In related news, Director George Carrara sold 3,000 shares of the business’s stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $34.52, for a total value of $103,560.00. Following the sale, the director directly owned 11,277 shares in the company, valued at approximately $389,282.04. The trade was a 21.01% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 4.00% of the company’s stock.

Institutional Investors Weigh In On Build-A-Bear Workshop

A number of hedge funds have recently made changes to their positions in BBW. Fuller & Thaler Asset Management Inc. lifted its position in shares of Build-A-Bear Workshop by 177.8% in the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 612,577 shares of the specialty retailer’s stock worth $37,533,000 after buying an additional 392,039 shares in the last quarter. Price T Rowe Associates Inc. MD increased its stake in Build-A-Bear Workshop by 129.1% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 374,756 shares of the specialty retailer’s stock worth $22,963,000 after acquiring an additional 211,145 shares during the last quarter. Pillsbury Lake Capital LLC bought a new stake in Build-A-Bear Workshop during the fourth quarter worth approximately $12,887,000. Meros Investment Management LP bought a new stake in Build-A-Bear Workshop during the fourth quarter worth approximately $9,004,000. Finally, Jefferies Financial Group Inc. bought a new stake in Build-A-Bear Workshop during the fourth quarter worth approximately $6,586,000. 79.30% of the stock is currently owned by hedge funds and other institutional investors.

Build-A-Bear Workshop Stock Down 0.1%

Shares of Build-A-Bear Workshop stock opened at $32.47 on Wednesday. The stock’s 50-day simple moving average is $36.62 and its 200-day simple moving average is $47.28. Build-A-Bear Workshop has a 52 week low of $31.97 and a 52 week high of $75.85. The company has a market capitalization of $407.22 million, a price-to-earnings ratio of 7.61 and a beta of 1.07.

Build-A-Bear Workshop (NYSE:BBW) last announced its quarterly earnings data on Thursday, May 28th. The specialty retailer reported $1.03 EPS for the quarter, beating the consensus estimate of $0.76 by $0.27. Build-A-Bear Workshop had a return on equity of 32.15% and a net margin of 10.48%.The business had revenue of $125.27 million for the quarter, compared to the consensus estimate of $129.45 million. On average, equities analysts expect that Build-A-Bear Workshop will post 4.04 earnings per share for the current year.

Build-A-Bear Workshop Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, July 9th. Stockholders of record on Thursday, June 25th will be given a $0.23 dividend. This represents a $0.92 annualized dividend and a dividend yield of 2.8%. The ex-dividend date is Thursday, June 25th. Build-A-Bear Workshop’s payout ratio is presently 21.55%.

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.