Build-A-Bear Workshop, Inc. (NYSE:BBW) Receives $64.75 Consensus Price Target from Analysts

Shares of Build-A-Bear Workshop, Inc. (NYSE:BBW) have received a consensus rating of “Moderate Buy” from the six ratings firms that are presently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating on the company. The average 1-year target price among brokerages that have covered the stock in the last year is $64.75.

Several research firms recently issued reports on BBW. Wall Street Zen lowered shares of Build-A-Bear Workshop from a “buy” rating to a “hold” rating in a research report on Saturday, December 6th. Weiss Ratings restated a “buy (b)” rating on shares of Build-A-Bear Workshop in a research note on Wednesday, December 17th. Northland Securities lifted their price target on Build-A-Bear Workshop from $60.00 to $80.00 and gave the company an “outperform” rating in a research note on Friday, August 29th. DA Davidson dropped their price objective on Build-A-Bear Workshop from $85.00 to $70.00 and set a “buy” rating for the company in a research report on Friday, December 5th. Finally, Zacks Research lowered Build-A-Bear Workshop from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 6th.

Insider Buying and Selling

In related news, Director Craig Leavitt sold 4,000 shares of the firm’s stock in a transaction on Monday, October 6th. The stock was sold at an average price of $60.61, for a total transaction of $242,440.00. Following the sale, the director owned 64,142 shares of the company’s stock, valued at $3,887,646.62. This trade represents a 5.87% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Lesli Rotenberg sold 1,000 shares of the company’s stock in a transaction dated Monday, October 13th. The stock was sold at an average price of $61.34, for a total value of $61,340.00. Following the completion of the transaction, the director directly owned 9,825 shares of the company’s stock, valued at approximately $602,665.50. The trade was a 9.24% 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 in the last 90 days. Company insiders own 5.80% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in BBW. Thrivent Financial for Lutherans grew its holdings in Build-A-Bear Workshop by 5,113.6% during the 2nd quarter. Thrivent Financial for Lutherans now owns 752,320 shares of the specialty retailer’s stock worth $38,789,000 after acquiring an additional 737,890 shares during the last quarter. CSM Advisors LLC acquired a new position in shares of Build-A-Bear Workshop during the second quarter worth $6,233,000. Marshall Wace LLP grew its stake in shares of Build-A-Bear Workshop by 69.9% in the third quarter. Marshall Wace LLP now owns 237,927 shares of the specialty retailer’s stock worth $15,515,000 after purchasing an additional 97,917 shares during the last quarter. Landscape Capital Management L.L.C. acquired a new stake in Build-A-Bear Workshop in the first quarter valued at $3,572,000. Finally, Balyasny Asset Management L.P. acquired a new stake in Build-A-Bear Workshop in the second quarter valued at $4,908,000. Institutional investors and hedge funds own 79.30% of the company’s stock.

Build-A-Bear Workshop Stock Performance

BBW opened at $57.73 on Wednesday. Build-A-Bear Workshop has a 52-week low of $32.55 and a 52-week high of $75.85. The firm has a market cap of $747.56 million, a P/E ratio of 13.27 and a beta of 1.01. The business’s fifty day moving average is $52.54 and its 200-day moving average is $55.92.

Build-A-Bear Workshop (NYSE:BBW) last announced its quarterly earnings data on Thursday, December 4th. The specialty retailer reported $0.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $122.68 million for the quarter, compared to the consensus estimate of $124.28 million. During the same period in the prior year, the company posted $0.73 earnings per share. On average, research analysts predict 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 disclosed a quarterly dividend, which will be paid on Thursday, January 8th. Investors of record on Wednesday, November 26th will be paid a $0.22 dividend. The ex-dividend date of this dividend is Wednesday, November 26th. This represents a $0.88 annualized dividend and a yield of 1.5%. Build-A-Bear Workshop’s dividend payout ratio is presently 20.23%.

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.