Trade Report: Today, Buffalo Wild Wings Inc. (BWLD) Earns “Outperform” Rating from BMO Capital Markets

Today, Buffalo Wild Wings Inc. (BWLD) Earns “Outperform” Rating from BMO Capital Markets

BMO Capital Markets reissued their outperform rating on shares of Buffalo Wild Wings Inc. (NASDAQ:BWLD) in a report published on Wednesday morning. They currently have a $190.00 target price on the stock.

Several other equities analysts have also commented on BWLD. Morgan Stanley reaffirmed a hold rating and set a $151.00 target price on shares of Buffalo Wild Wings in a report on Thursday, July 28th. Buckingham Research reaffirmed a neutral rating and set a $149.00 target price on shares of Buffalo Wild Wings in a report on Tuesday, July 26th. Telsey Advisory Group increased their target price on shares of Buffalo Wild Wings from $160.00 to $170.00 and gave the company an outperform rating in a report on Wednesday, July 27th. 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 research report on Tuesday, August 2nd. Finally, Wedbush reissued an outperform rating and set a $180.00 price target on shares of Buffalo Wild Wings in a research report on Wednesday, July 27th. Two research analysts have rated the stock with a sell rating, fourteen have given a hold rating and thirteen have issued a buy rating to the stock. Buffalo Wild Wings has an average rating of Hold and a consensus target price of $162.46.

Shares of Buffalo Wild Wings (NASDAQ:BWLD) opened at 142.60 on Wednesday. The firm has a 50-day moving average of $152.01 and a 200 day moving average of $147.97. The company has a market capitalization of $2.61 billion, a P/E ratio of 26.83 and a beta of 0.93. Buffalo Wild Wings has a 1-year low of $122.25 and a 1-year high of $190.91.

Buffalo Wild Wings (NASDAQ:BWLD) last released its earnings results on Tuesday, July 26th. The company reported $1.27 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.26 by $0.01. Buffalo Wild Wings had a net margin of 5.19% and a return on equity of 15.57%. The company had revenue of $490.20 million for the quarter, compared to analyst estimates of $498.86 million. During the same quarter last year, the firm earned $1.12 EPS. The firm’s quarterly revenue was up 15.0% compared to the same quarter last year. On average, equities research analysts expect that Buffalo Wild Wings will post $5.72 earnings per share for the current year.

In other Buffalo Wild Wings news, EVP Judith A. Shoulak sold 1,992 shares of the firm’s stock in a transaction dated Monday, July 25th. The shares were sold at an average price of $150.00, for a total transaction of $298,800.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Sally J. Smith sold 2,000 shares of Buffalo Wild Wings stock in a transaction that occurred on Thursday, September 15th. The stock was sold at an average price of $156.85, for a total transaction of $313,700.00. Following the completion of the sale, the chief executive officer now owns 52,593 shares of the company’s stock, valued at $8,249,212.05. The disclosure for this sale can be found here. Corporate insiders own 1.19% of the company’s stock.

Several hedge funds have recently made changes to their positions in the company. Sei Investments Co. raised its stake in shares of Buffalo Wild Wings by 71.3% in the second quarter. Sei Investments Co. now owns 1,028 shares of the company’s stock worth $143,000 after buying an additional 428 shares in the last quarter. LS Investment Advisors LLC raised its stake in shares of Buffalo Wild Wings by 69.7% in the second quarter. LS Investment Advisors LLC now owns 1,169 shares of the company’s stock worth $162,000 after buying an additional 480 shares in the last quarter. Pacer Advisors Inc. bought a new stake in shares of Buffalo Wild Wings during the second quarter worth approximately $184,000. Quadrature Capital Ltd bought a new stake in shares of Buffalo Wild Wings during the first quarter worth approximately $207,000. Finally, Oakbrook Investments LLC bought a new stake in shares of Buffalo Wild Wings during the second quarter worth approximately $208,000. Hedge funds and other institutional investors own 94.74% of the company’s stock.

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