Buffalo Wild Wings Inc. (NASDAQ:BWLD) had its price target cut by investment analysts at Barclays PLC from $182.00 to $176.00 in a report released on Thursday. The firm currently has an “overweight” rating on the stock. Barclays PLC’s price target indicates a potential upside of 22.91% from the company’s previous close.
A number of other brokerages also recently weighed in on BWLD. BMO Capital Markets set a $200.00 price target on shares of Buffalo Wild Wings and gave the stock a “buy” rating in a report on Sunday, August 28th. Morgan Stanley reaffirmed a “hold” rating and set a $151.00 price target on shares of Buffalo Wild Wings in a report on Thursday, July 28th. Telsey Advisory Group upped their price target on shares of Buffalo Wild Wings from $160.00 to $170.00 and gave the stock an “outperform” rating in a report on Wednesday, July 27th. Buckingham Research reaffirmed a “neutral” rating and set a $149.00 price target on shares of Buffalo Wild Wings in a report on Tuesday, July 26th. Finally, Vetr raised shares of Buffalo Wild Wings from a “sell” rating to a “hold” rating and set a $165.00 price target for the company in a report on Tuesday, August 2nd. Three equities research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and twelve have assigned a buy rating to the stock. Buffalo Wild Wings currently has an average rating of “Hold” and an average price target of $161.25.
Shares of Buffalo Wild Wings (NASDAQ:BWLD) opened at 143.20 on Thursday. The firm’s 50-day moving average is $145.94 and its 200-day moving average is $147.47. The firm has a market cap of $2.62 billion, a price-to-earnings ratio of 25.76 and a beta of 0.93. Buffalo Wild Wings has a 12-month low of $122.25 and a 12-month high of $172.91.
Buffalo Wild Wings (NASDAQ:BWLD) last announced its earnings results on Wednesday, October 26th. The company reported $1.23 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $1.23. Buffalo Wild Wings had a net margin of 5.26% and a return on equity of 16.25%. The firm had revenue of $494.17 million for the quarter, compared to analyst estimates of $502.24 million. During the same quarter in the prior year, the business posted $1.00 EPS. The business’s revenue was up 8.5% compared to the same quarter last year. Analysts predict that Buffalo Wild Wings will post $5.57 earnings per share for the current fiscal year.
In other news, CEO Sally J. Smith sold 1,500 shares of Buffalo Wild Wings stock in a transaction dated Monday, October 17th. The shares were sold at an average price of $141.43, for a total value of $212,145.00. Following the completion of the transaction, the chief executive officer now owns 51,243 shares in the company, valued at $7,247,297.49. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Warren E. Mack sold 300 shares of Buffalo Wild Wings stock in a transaction dated Wednesday, August 10th. The stock was sold at an average price of $166.05, for a total transaction of $49,815.00. Following the completion of the transaction, the director now owns 13,457 shares of the company’s stock, valued at approximately $2,234,534.85. The disclosure for this sale can be found here. 1.19% of the stock is currently owned by company insiders.
Several institutional investors have recently bought and sold shares of BWLD. Sei Investments Co. increased its position in Buffalo Wild Wings by 71.3% in the second quarter. Sei Investments Co. now owns 1,028 shares of the company’s stock valued at $143,000 after buying an additional 428 shares during the last quarter. LS Investment Advisors LLC increased its position in Buffalo Wild Wings by 69.7% in the second quarter. LS Investment Advisors LLC now owns 1,169 shares of the company’s stock valued at $162,000 after buying an additional 480 shares during the last quarter. Pacer Advisors Inc. acquired a new position in Buffalo Wild Wings during the second quarter valued at $184,000. Quadrature Capital Ltd acquired a new position in Buffalo Wild Wings during the first quarter valued at $207,000. Finally, Oakbrook Investments LLC acquired a new position in Buffalo Wild Wings during the second quarter valued at $208,000. Hedge funds and other institutional investors own 94.24% of the company’s stock.
Buffalo Wild Wings Company Profile