Buffalo Wild Wings, Inc. (NASDAQ:BWLD)‘s stock had its “buy” rating reissued by stock analysts at Maxim Group in a report issued on Tuesday. They presently have a $160.00 price target on the restaurant operator’s stock. Maxim Group’s target price would suggest a potential upside of 10.92% from the company’s current price.
Several other equities research analysts have also recently weighed in on the company. Wells Fargo & Company upped their target price on Buffalo Wild Wings from $110.00 to $150.00 and gave the stock a “market perform” rating in a report on Tuesday. Barclays PLC lowered their target price on Buffalo Wild Wings from $165.00 to $144.00 and set an “overweight” rating for the company in a report on Thursday, July 27th. Cowen and Company reiterated a “market perform” rating and issued a $110.00 target price on shares of Buffalo Wild Wings in a report on Wednesday, September 20th. Zacks Investment Research upgraded Buffalo Wild Wings from a “strong sell” rating to a “hold” rating in a report on Tuesday, September 26th. Finally, Stifel Nicolaus set a $115.00 target price on Buffalo Wild Wings and gave the stock a “hold” rating in a report on Thursday, October 26th. Three equities research analysts have rated the stock with a sell rating, eighteen have given a hold rating and six have issued a buy rating to the stock. Buffalo Wild Wings currently has an average rating of “Hold” and an average price target of $134.67.
Shares of Buffalo Wild Wings (NASDAQ BWLD) traded down $1.10 during trading on Tuesday, reaching $144.25. The company’s stock had a trading volume of 839,100 shares, compared to its average volume of 521,938. The company has a market cap of $2,190.00, a P/E ratio of 33.57, a PEG ratio of 1.78 and a beta of 0.79. The company has a quick ratio of 0.61, a current ratio of 0.70 and a debt-to-equity ratio of 1.60. Buffalo Wild Wings has a 12 month low of $95.00 and a 12 month high of $175.10.
Buffalo Wild Wings (NASDAQ:BWLD) last announced its quarterly earnings data on Wednesday, October 25th. The restaurant operator reported $1.36 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.79 by $0.57. The company had revenue of $496.70 million for the quarter, compared to the consensus estimate of $500.97 million. Buffalo Wild Wings had a return on equity of 21.39% and a net margin of 3.17%. Buffalo Wild Wings’s quarterly revenue was up .5% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.23 EPS. equities analysts anticipate that Buffalo Wild Wings will post 4.98 EPS for the current year.
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Several hedge funds have recently made changes to their positions in BWLD. Koch Industries Inc. acquired a new position in shares of Buffalo Wild Wings in the second quarter valued at about $618,000. 3G Capital Partners LP acquired a new position in shares of Buffalo Wild Wings in the third quarter valued at about $30,290,000. Victory Capital Management Inc. increased its holdings in shares of Buffalo Wild Wings by 36.8% in the third quarter. Victory Capital Management Inc. now owns 410,928 shares of the restaurant operator’s stock valued at $43,435,000 after purchasing an additional 110,439 shares during the period. Chilton Investment Co. LLC acquired a new position in shares of Buffalo Wild Wings in the second quarter valued at about $9,796,000. Finally, Prudential Financial Inc. increased its holdings in shares of Buffalo Wild Wings by 628.5% in the third quarter. Prudential Financial Inc. now owns 80,365 shares of the restaurant operator’s stock valued at $8,495,000 after purchasing an additional 69,334 shares during the period. 89.14% of the stock is currently owned by institutional investors and hedge funds.
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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