Buffalo Wild Wings, Inc. (NASDAQ:BWLD)‘s stock had its “sell” rating reissued by analysts at UBS AG in a research report issued to clients and investors on Tuesday.
Several other equities analysts have also weighed in on BWLD. Deutsche Bank AG increased their price target on shares of Buffalo Wild Wings from $130.00 to $135.00 and gave the company a “buy” rating in a research report on Thursday, October 26th. Maxim Group increased their price target on shares of Buffalo Wild Wings from $145.00 to $160.00 and gave the company a “buy” rating in a research report on Thursday, October 26th. Wedbush restated a “hold” rating on shares of Buffalo Wild Wings in a research report on Friday, September 8th. Cowen and Company restated a “hold” rating and set a $110.00 price target on shares of Buffalo Wild Wings in a research report on Friday, September 1st. Finally, Barclays PLC reduced their price target on shares of Buffalo Wild Wings from $177.00 to $165.00 and set an “overweight” rating for the company in a research report on Wednesday, July 19th. Three analysts have rated the stock with a sell rating, eighteen have given a hold rating and six have issued a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $134.67.
Shares of Buffalo Wild Wings (NASDAQ:BWLD) traded down $1.60 during mid-day trading on Tuesday, reaching $117.25. 991,500 shares of the company’s stock were exchanged, compared to its average volume of 508,426. The company has a market cap of $1,843.63, a price-to-earnings ratio of 27.45, a PEG ratio of 1.46 and a beta of 0.79. The company has a quick ratio of 0.61, a current ratio of 0.70 and a debt-to-equity ratio of 1.60. Buffalo Wild Wings has a fifty-two week low of $95.00 and a fifty-two week high of $175.10.
Buffalo Wild Wings (NASDAQ:BWLD) last posted its earnings results on Wednesday, October 25th. The restaurant operator reported $1.36 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.79 by $0.57. Buffalo Wild Wings had a net margin of 3.17% and a return on equity of 21.39%. The firm had revenue of $496.70 million during the quarter, compared to analyst estimates of $500.97 million. During the same quarter in the prior year, the business posted $1.23 EPS. The business’s revenue was up .5% compared to the same quarter last year. research analysts anticipate that Buffalo Wild Wings will post 4.98 EPS for the current year.
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A number of hedge funds have recently made changes to their positions in the stock. Alliancebernstein L.P. lifted its stake in Buffalo Wild Wings by 6.6% in the second quarter. Alliancebernstein L.P. now owns 655,269 shares of the restaurant operator’s stock worth $83,023,000 after acquiring an additional 40,406 shares during the period. Koch Industries Inc. purchased a new stake in Buffalo Wild Wings in the second quarter worth $618,000. Dimensional Fund Advisors LP lifted its stake in Buffalo Wild Wings by 6.0% in the third quarter. Dimensional Fund Advisors LP now owns 485,970 shares of the restaurant operator’s stock worth $51,367,000 after acquiring an additional 27,330 shares during the period. Victory Capital Management Inc. lifted its stake in Buffalo Wild Wings by 36.8% in the third quarter. Victory Capital Management Inc. now owns 410,928 shares of the restaurant operator’s stock worth $43,435,000 after acquiring an additional 110,439 shares during the period. Finally, Bank of New York Mellon Corp lifted its stake in Buffalo Wild Wings by 1.5% in the third quarter. Bank of New York Mellon Corp now owns 355,668 shares of the restaurant operator’s stock worth $37,594,000 after acquiring an additional 5,399 shares during the period. 89.14% of the stock is owned by institutional investors.
Buffalo Wild Wings Company Profile
Buffalo Wild Wings, Inc is the owner, operator and franchisor of restaurants. As of December 25, 2016, the Company’s made-to-order menu items included 16 sauces and five seasonings, ranging from Sweet BBQ to Blazin. The Company’s restaurants offer 20 to 40 domestic and imported beers on tap, including craft brews, and a selection of bottled beers, wines and liquor.
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