Build-A-Bear Workshop, Inc. (NYSE:BBW) Receives $64.75 Average PT from Brokerages

Build-A-Bear Workshop, Inc. (NYSE:BBW) has been given a consensus recommendation of “Moderate Buy” by the six brokerages that are presently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $64.75.

A number of equities analysts have recently weighed in on BBW shares. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Build-A-Bear Workshop in a research note on Tuesday, December 23rd. DA Davidson lowered their price target on Build-A-Bear Workshop from $85.00 to $70.00 and set a “buy” rating on the stock in a report on Friday, December 5th. CJS Securities initiated coverage on shares of Build-A-Bear Workshop in a report on Wednesday, December 10th. They set a “market outperform” rating and a $70.00 price objective for the company. Zacks Research cut shares of Build-A-Bear Workshop from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 6th. Finally, Wall Street Zen downgraded shares of Build-A-Bear Workshop from a “buy” rating to a “hold” rating in a report on Saturday, December 6th.

Institutional Investors Weigh In On Build-A-Bear Workshop

Several large investors have recently made changes to their positions in BBW. Thrivent Financial for Lutherans lifted its position in shares of Build-A-Bear Workshop by 5,113.6% in the second quarter. Thrivent Financial for Lutherans now owns 752,320 shares of the specialty retailer’s stock worth $38,789,000 after buying an additional 737,890 shares in the last quarter. CSM Advisors LLC bought a new stake in Build-A-Bear Workshop in the 2nd quarter worth approximately $6,233,000. Marshall Wace LLP raised its holdings in shares of Build-A-Bear Workshop by 69.9% during the 3rd quarter. Marshall Wace LLP now owns 237,927 shares of the specialty retailer’s stock worth $15,515,000 after acquiring an additional 97,917 shares in the last quarter. Balyasny Asset Management L.P. purchased a new stake in shares of Build-A-Bear Workshop during the 2nd quarter worth approximately $4,908,000. Finally, Oberweis Asset Management Inc. bought a new position in shares of Build-A-Bear Workshop during the 3rd quarter valued at approximately $5,973,000. 79.30% of the stock is owned by institutional investors.

Build-A-Bear Workshop Price Performance

Shares of NYSE BBW opened at $70.67 on Friday. The stock has a market cap of $915.18 million, a PE ratio of 16.25 and a beta of 1.01. Build-A-Bear Workshop has a 1 year low of $32.55 and a 1 year high of $75.85. The firm has a fifty day moving average price of $56.15 and a 200-day moving average price of $57.52.

Build-A-Bear Workshop (NYSE:BBW) last issued its earnings results on Thursday, December 4th. The specialty retailer reported $0.62 earnings per share for the quarter, topping the consensus estimate 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 company had revenue of $122.68 million during the quarter, compared to the consensus estimate of $124.28 million. During the same quarter in the prior year, the firm posted $0.73 EPS. On average, research analysts expect that Build-A-Bear Workshop will post 3.71 EPS for the current year.

Build-A-Bear Workshop Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, January 8th. Shareholders of record on Wednesday, November 26th were paid a $0.22 dividend. The ex-dividend date was Wednesday, November 26th. This represents a $0.88 annualized dividend and a yield of 1.2%. Build-A-Bear Workshop’s 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.