Build-A-Bear Workshop (BBW) Downgraded by Zacks Investment Research to Sell

Zacks Investment Research cut shares of Build-A-Bear Workshop (NYSE:BBW) from a hold rating to a sell rating in a report released on Thursday.

According to Zacks, “Build-A-Bear Workshop is the leading and only national company providing a make your own stuffed animal interactive retail-entertainment experience. “

A number of other equities research analysts have also commented on the stock. Dougherty & Co lowered shares of Build-A-Bear Workshop from a buy rating to a neutral rating in a report on Friday, October 27th. Jefferies Group started coverage on shares of Build-A-Bear Workshop in a report on Wednesday, September 13th. They set a buy rating and a $12.00 price objective on the stock. One analyst has rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the stock. Build-A-Bear Workshop presently has an average rating of Hold and a consensus target price of $11.67.

Shares of Build-A-Bear Workshop (NYSE:BBW) opened at $8.25 on Thursday. Build-A-Bear Workshop has a twelve month low of $7.25 and a twelve month high of $13.50. The company has a market cap of $131.32, a price-to-earnings ratio of 45.84, a P/E/G ratio of 0.80 and a beta of -0.17.

Build-A-Bear Workshop (NYSE:BBW) last issued its quarterly earnings data on Thursday, October 26th. The specialty retailer reported $0.09 EPS for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.01). Build-A-Bear Workshop had a return on equity of 6.33% and a net margin of 0.83%. The company had revenue of $82.40 million for the quarter, compared to analyst estimates of $85.61 million. During the same quarter in the previous year, the business earned $0.11 earnings per share. The company’s revenue was down 1.6% on a year-over-year basis. equities research analysts forecast that Build-A-Bear Workshop will post 0.5 EPS for the current fiscal year.

In other Build-A-Bear Workshop news, major shareholder Point72 Asset Management, L.P. bought 50,000 shares of the firm’s stock in a transaction that occurred on Friday, December 22nd. The stock was acquired at an average price of $9.70 per share, with a total value of $485,000.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In the last ninety days, insiders purchased 424,149 shares of company stock valued at $3,829,450. 17.50% of the stock is owned by insiders.

Several institutional investors and hedge funds have recently made changes to their positions in BBW. Rhumbline Advisers grew its position in shares of Build-A-Bear Workshop by 2.6% in the 2nd quarter. Rhumbline Advisers now owns 16,259 shares of the specialty retailer’s stock valued at $170,000 after acquiring an additional 415 shares during the period. Ameriprise Financial Inc. bought a new position in shares of Build-A-Bear Workshop in the 2nd quarter valued at about $224,000. Nationwide Fund Advisors grew its position in shares of Build-A-Bear Workshop by 102.9% in the 2nd quarter. Nationwide Fund Advisors now owns 24,472 shares of the specialty retailer’s stock valued at $256,000 after acquiring an additional 12,410 shares during the period. Northern Trust Corp grew its position in shares of Build-A-Bear Workshop by 6.3% in the 2nd quarter. Northern Trust Corp now owns 177,134 shares of the specialty retailer’s stock valued at $1,850,000 after acquiring an additional 10,472 shares during the period. Finally, Vanguard Group Inc. grew its position in shares of Build-A-Bear Workshop by 3.8% in the 2nd quarter. Vanguard Group Inc. now owns 638,580 shares of the specialty retailer’s stock valued at $6,673,000 after acquiring an additional 23,600 shares during the period. 70.60% of the stock is owned by institutional investors.

ILLEGAL ACTIVITY WARNING: This news story was originally posted by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are reading this news story on another publication, it was illegally stolen and republished in violation of international copyright & trademark legislation. The original version of this news story can be viewed at https://ledgergazette.com/2018/01/15/build-a-bear-workshop-bbw-downgraded-by-zacks-investment-research-to-sell.html.

Build-A-Bear Workshop Company Profile

Build-A-Bear Workshop, Inc is primarily a specialty retailer offering a make your own stuffed animal interactive retail-entertainment experience. The Company’s segments include direct-to-consumer (DTC), international franchising and commercial. The DTC segment includes the activities of Company-owned stores in the United States, Canada, the United Kingdom, Ireland and Denmark, and other retail delivery operations, including its e-commerce sites and temporary stores.

Get a free copy of the Zacks research report on Build-A-Bear Workshop (BBW)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Analyst Recommendations for Build-A-Bear Workshop (NYSE:BBW)

Receive News & Ratings for Build-A-Bear Workshop Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Build-A-Bear Workshop and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply