Brokerages Set Build-A-Bear Workshop, Inc. (NYSE:BBW) PT at $68.00

Shares of Build-A-Bear Workshop, Inc. (NYSE:BBW) have been assigned an average recommendation of “Moderate Buy” from the five brokerages that are covering the company, Marketbeat reports. One equities research analyst has rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $68.00.

A number of equities research analysts have recently weighed in on BBW shares. Northland Securities raised their price objective on shares of Build-A-Bear Workshop from $60.00 to $80.00 and gave the company an “outperform” rating in a report on Friday, August 29th. Zacks Research lowered shares of Build-A-Bear Workshop from a “strong-buy” rating to a “hold” rating in a report on Monday, October 6th. Weiss Ratings restated a “buy (b-)” rating on shares of Build-A-Bear Workshop in a report on Wednesday, October 8th. DA Davidson raised their price objective on shares of Build-A-Bear Workshop from $64.00 to $85.00 and gave the company a “buy” rating in a report on Friday, August 29th. Finally, Wall Street Zen lowered shares of Build-A-Bear Workshop from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 23rd.

Insider Activity at Build-A-Bear Workshop

In related news, CFO Vojin Todorovic sold 10,000 shares of the stock in a transaction on Tuesday, September 16th. The shares were sold at an average price of $73.25, for a total value of $732,500.00. Following the transaction, the chief financial officer directly owned 67,991 shares of the company’s stock, valued at $4,980,340.75. This trade represents a 12.82% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Lesli Rotenberg sold 1,000 shares of the stock in a transaction on Monday, October 13th. The shares were sold at an average price of $61.34, for a total transaction of $61,340.00. Following the completion of the transaction, the director directly owned 9,825 shares in the company, valued at $602,665.50. This trade represents a 9.24% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 61,387 shares of company stock valued at $4,417,721. Corporate insiders own 5.80% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Quarry LP purchased a new position in Build-A-Bear Workshop during the 1st quarter worth $28,000. AlphaQuest LLC grew its position in Build-A-Bear Workshop by 106.1% during the 1st quarter. AlphaQuest LLC now owns 814 shares of the specialty retailer’s stock worth $30,000 after purchasing an additional 419 shares during the last quarter. State of Alaska Department of Revenue purchased a new position in Build-A-Bear Workshop during the 3rd quarter worth $45,000. Covestor Ltd grew 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 worth $45,000 after purchasing an additional 465 shares during the last quarter. Finally, MTM Investment Management LLC purchased a new position in Build-A-Bear Workshop during the 2nd quarter worth $52,000. 79.30% of the stock is owned by hedge funds and other institutional investors.

Build-A-Bear Workshop Stock Down 0.7%

Build-A-Bear Workshop stock opened at $54.61 on Tuesday. The firm has a market cap of $716.99 million, a PE ratio of 12.24 and a beta of 0.69. Build-A-Bear Workshop has a 52-week low of $32.55 and a 52-week high of $75.85. The company’s 50 day moving average is $63.38 and its two-hundred day moving average is $52.64.

Build-A-Bear Workshop (NYSE:BBW) last released its earnings results on Thursday, March 27th. The specialty retailer reported $1.59 earnings per share (EPS) for the quarter. The company had revenue of $150.45 million for the quarter. Build-A-Bear Workshop had a net margin of 11.34% and a return on equity of 41.14%. On average, equities research analysts anticipate that Build-A-Bear Workshop will post 3.71 earnings per share for the current fiscal year.

Build-A-Bear Workshop Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, October 9th. Investors of record on Thursday, September 25th were given a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend was Thursday, September 25th. Build-A-Bear Workshop’s dividend payout ratio (DPR) is 19.73%.

About Build-A-Bear Workshop

Build-A-Bear Workshop, Inc operates as a multi-channel retailer of plush animals and related products in the United States, Canada, the United Kingdom, Ireland, and internationally. The company operates through three segments: Direct-to-Consumer, Commercial, and International Franchising. Its merchandise comprises various styles of plush products to be stuffed, pre-stuffed plush products, and sounds and scents that can be added to the stuffed animals, as well as range of clothing, shoes and accessories, and other toy and novelty items, including family sleepwear.