Wedbush restated their hold rating on shares of Buffalo Wild Wings, Inc. (NASDAQ:BWLD) in a report issued on Friday, September 8th. Wedbush also issued estimates for Buffalo Wild Wings’ Q4 2018 earnings at $1.21 EPS.
Other research analysts have also recently issued reports about the stock. Deutsche Bank AG set a $180.00 price objective on shares of Buffalo Wild Wings and gave the company a buy rating in a report on Sunday, May 28th. Maxim Group raised shares of Buffalo Wild Wings from a hold rating to a buy rating and upped their target price for the company from $175.00 to $180.00 in a report on Friday, May 19th. Finally, UBS AG raised shares of Buffalo Wild Wings to a buy rating in a report on Monday, May 15th. Two analysts have rated the stock with a sell rating, seventeen have issued a hold rating and seven have given a buy rating to the stock. The stock has an average rating of Hold and an average target price of $141.67.
Shares of Buffalo Wild Wings (BWLD) opened at 107.125 on Friday. The firm has a market cap of $1.66 billion, a P/E ratio of 27.134 and a beta of 0.86. Buffalo Wild Wings has a 52 week low of $95.00 and a 52 week high of $175.10. The company’s 50-day moving average price is $106.68 and its 200 day moving average price is $135.43.
Buffalo Wild Wings (NASDAQ:BWLD) last released its quarterly earnings data on Wednesday, July 26th. The restaurant operator reported $0.66 earnings per share for the quarter, missing the consensus estimate of $1.01 by ($0.35). Buffalo Wild Wings had a net margin of 3.39% and a return on equity of 17.14%. The company had revenue of $500.00 million for the quarter, compared to analysts’ expectations of $512.68 million. During the same period in the previous year, the firm earned $1.27 earnings per share. The firm’s revenue for the quarter was up 2.0% on a year-over-year basis. On average, equities analysts anticipate that Buffalo Wild Wings will post $4.53 earnings per share for the current year.
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In related news, Director International Master F. Marcato purchased 9,100 shares of Buffalo Wild Wings stock in a transaction that occurred on Tuesday, August 1st. The shares were bought at an average price of $109.71 per share, with a total value of $998,361.00. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 1.19% of the company’s stock.
A number of hedge funds have recently bought and sold shares of BWLD. Public Employees Retirement System of Ohio increased its stake in Buffalo Wild Wings by 10.1% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 842 shares of the restaurant operator’s stock worth $107,000 after buying an additional 77 shares during the period. Tyers Asset Management LLC grew its holdings in Buffalo Wild Wings by 6.3% during the 1st quarter. Tyers Asset Management LLC now owns 748 shares of the restaurant operator’s stock worth $114,000 after acquiring an additional 44 shares in the last quarter. FNY Managed Accounts LLC bought a new position in Buffalo Wild Wings during the 1st quarter worth about $130,000. Flinton Capital Management LLC grew its holdings in Buffalo Wild Wings by 6.3% during the 1st quarter. Flinton Capital Management LLC now owns 952 shares of the restaurant operator’s stock worth $146,000 after acquiring an additional 56 shares in the last quarter. Finally, Neuburgh Advisers LLC grew its holdings in Buffalo Wild Wings by 6.3% during the 1st quarter. Neuburgh Advisers LLC now owns 1,156 shares of the restaurant operator’s stock worth $177,000 after acquiring an additional 68 shares in the last quarter. 89.21% of the stock is currently 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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