Build-A-Bear Workshop, Inc. (NYSE:BBW) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of Build-A-Bear Workshop, Inc. (NYSE:BBW) have been assigned a consensus recommendation of “Moderate Buy” from the five research firms that are currently covering the firm, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 12-month price target among brokerages that have covered the stock in the last year is $70.00.

A number of analysts have weighed in on BBW shares. Weiss Ratings cut Build-A-Bear Workshop from a “hold (c+)” rating to a “hold (c)” rating in a research note on Wednesday, May 20th. DA Davidson restated a “buy” rating and issued a $60.00 price target on shares of Build-A-Bear Workshop in a research note on Friday, May 29th. Finally, Zacks Research upgraded Build-A-Bear Workshop from a “strong sell” rating to a “hold” rating in a research note on Tuesday, March 3rd.

Insiders Place Their Bets

In other Build-A-Bear Workshop news, Director George Carrara sold 3,000 shares of the firm’s stock in a transaction on Friday, June 5th. The stock was sold at an average price of $34.52, for a total value of $103,560.00. Following the sale, the director directly owned 11,277 shares in the company, valued at $389,282.04. This trade represents a 21.01% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 5.80% of the stock is currently owned by corporate insiders.

Institutional Trading of Build-A-Bear Workshop

Hedge funds and other institutional investors have recently bought and sold shares of the business. Kestra Advisory Services LLC acquired a new stake in Build-A-Bear Workshop in the fourth quarter valued at $28,000. IFP Advisors Inc increased its position in shares of Build-A-Bear Workshop by 68.1% during the third quarter. IFP Advisors Inc now owns 501 shares of the specialty retailer’s stock worth $33,000 after purchasing an additional 203 shares in the last quarter. Larson Financial Group LLC increased its position in shares of Build-A-Bear Workshop by 453.1% during the third quarter. Larson Financial Group LLC now owns 542 shares of the specialty retailer’s stock worth $35,000 after purchasing an additional 444 shares in the last quarter. Blue Trust Inc. increased its position in shares of Build-A-Bear Workshop by 163.0% during the fourth quarter. Blue Trust Inc. now owns 668 shares of the specialty retailer’s stock worth $41,000 after purchasing an additional 414 shares in the last quarter. Finally, Jones Financial Companies Lllp increased its position in shares of Build-A-Bear Workshop by 166.7% during the third quarter. Jones Financial Companies Lllp now owns 800 shares of the specialty retailer’s stock worth $52,000 after purchasing an additional 500 shares in the last quarter. 79.30% of the stock is currently owned by institutional investors and hedge funds.

Build-A-Bear Workshop Trading Up 0.4%

Shares of NYSE BBW opened at $33.11 on Wednesday. Build-A-Bear Workshop has a 12-month low of $32.62 and a 12-month high of $75.85. The stock has a market cap of $416.57 million, a P/E ratio of 7.76 and a beta of 1.07. The business’s fifty day simple moving average is $37.07 and its 200-day simple moving average is $47.86.

Build-A-Bear Workshop (NYSE:BBW) last posted its quarterly earnings results on Thursday, May 28th. The specialty retailer reported $1.03 earnings per share for the quarter, beating analysts’ consensus estimates of $0.76 by $0.27. Build-A-Bear Workshop had a return on equity of 32.43% and a net margin of 10.48%.The company had revenue of $125.27 million for the quarter, compared to analysts’ expectations of $129.45 million. On average, equities analysts forecast that Build-A-Bear Workshop will post 4.04 EPS for the current fiscal year.

Build-A-Bear Workshop Company Profile

Build-A-Bear Workshop, Inc operates a specialty retail business focused on interactive “workshop” experiences that allow customers to create customized stuffed animals. Through its in-store and online platforms, the company offers a wide range of plush toys, apparel, accessories and sound modules, enabling guests to personalize each creation. In addition to its core bear products, Build-A-Bear has expanded its portfolio to include licensed characters from leading entertainment and media franchises.

Founded in 1997 by Maxine Clark and headquartered in St.