Trading Report: The Build-A-Bear Workshop Inc. (BBW) Receives Consensus Recommendation of “Hold” from Analysts

The Build-A-Bear Workshop Inc. (BBW) Receives Consensus Recommendation of “Hold” from Analysts

Build-A-Bear Workshop Inc. (NYSE:BBW) has earned a consensus recommendation of “Hold” from the seven brokerages that are presently covering the company. Five research analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 12-month price objective among analysts that have covered the stock in the last year is $15.00.

BBW has been the topic of several research reports. BMO Capital Markets reaffirmed a “hold” rating and set a $13.00 price objective on shares of Build-A-Bear Workshop in a research report on Tuesday, July 19th. Zacks Investment Research cut Build-A-Bear Workshop from a “hold” rating to a “sell” rating in a research report on Tuesday, August 2nd. Finally, TheStreet cut Build-A-Bear Workshop from a “buy” rating to a “hold” rating in a research report on Thursday, August 18th.

Shares of Build-A-Bear Workshop (NYSE:BBW) traded up 0.47% during mid-day trading on Wednesday, hitting $10.60. The company had a trading volume of 31,243 shares. The firm has a market capitalization of $164.61 million, a PE ratio of 8.47 and a beta of 0.40. Build-A-Bear Workshop has a 52 week low of $10.01 and a 52 week high of $18.88. The firm has a 50-day moving average price of $10.93 and a 200-day moving average price of $12.69.

Build-A-Bear Workshop (NYSE:BBW) last posted its quarterly earnings data on Thursday, August 4th. The company reported ($0.28) earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of ($0.28). The business had revenue of $75.10 million for the quarter, compared to analysts’ expectations of $79.09 million. Build-A-Bear Workshop had a return on equity of 11.53% and a net margin of 5.45%. The business’s revenue was down 7.3% on a year-over-year basis. During the same period in the previous year, the firm posted ($0.05) EPS. Equities analysts forecast that Build-A-Bear Workshop will post $0.83 earnings per share for the current year.

Several hedge funds have recently modified their holdings of BBW. Falcon Point Capital LLC boosted its stake in shares of Build-A-Bear Workshop by 1.9% in the second quarter. Falcon Point Capital LLC now owns 103,058 shares of the company’s stock worth $1,383,000 after buying an additional 1,872 shares in the last quarter. Kennedy Capital Management Inc. boosted its stake in shares of Build-A-Bear Workshop by 2.1% in the first quarter. Kennedy Capital Management Inc. now owns 111,792 shares of the company’s stock worth $1,452,000 after buying an additional 2,304 shares in the last quarter. Geode Capital Management LLC boosted its position in Build-A-Bear Workshop by 1.2% in the first quarter. Geode Capital Management LLC now owns 91,738 shares of the company’s stock valued at $1,191,000 after buying an additional 1,120 shares during the period. Neumeier Poma Investment Counsel LLC boosted its position in Build-A-Bear Workshop by 23.0% in the first quarter. Neumeier Poma Investment Counsel LLC now owns 351,075 shares of the company’s stock valued at $4,560,000 after buying an additional 65,750 shares during the period. Finally, Emerald Acquisition Ltd. acquired a new position in Build-A-Bear Workshop during the second quarter valued at about $2,189,000. 66.52% of the stock is currently owned by hedge funds and other institutional investors.

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