Brokerages Set Build-A-Bear Workshop, Inc. (NYSE:BBW) Target Price at $68.00

Shares of Build-A-Bear Workshop, Inc. (NYSE:BBW) have received an average rating of “Moderate Buy” from the five research firms that are covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $68.00.

A number of research firms recently commented on BBW. Northland Securities lifted their price target on shares of Build-A-Bear Workshop from $60.00 to $80.00 and gave the stock an “outperform” rating in a report on Friday, August 29th. DA Davidson raised their target price on Build-A-Bear Workshop from $64.00 to $85.00 and gave the stock a “buy” rating in a research report on Friday, August 29th. Zacks Research lowered Build-A-Bear Workshop from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 6th. Wall Street Zen cut Build-A-Bear Workshop from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 23rd. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Build-A-Bear Workshop in a research note on Wednesday, October 8th.

Insider Buying and Selling at Build-A-Bear Workshop

In other news, Director Lesli Rotenberg sold 1,000 shares of the business’s stock in a transaction that occurred on Monday, October 13th. The shares were sold at an average price of $61.34, for a total value of $61,340.00. Following the sale, the director owned 9,825 shares of the company’s stock, valued at $602,665.50. The trade was a 9.24% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Vojin Todorovic sold 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 16th. The shares were sold at an average price of $73.25, for a total transaction of $732,500.00. Following the sale, the chief financial officer owned 67,991 shares in the company, valued at $4,980,340.75. The trade was a 12.82% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 61,387 shares of company stock worth $4,417,721 over the last three months. Company insiders own 5.80% of the company’s stock.

Hedge Funds Weigh In On Build-A-Bear Workshop

Large investors have recently made changes to their positions in the stock. Oberweis Asset Management Inc. purchased a new position in shares of Build-A-Bear Workshop in the third quarter valued at $5,973,000. Wexford Capital LP purchased a new stake in Build-A-Bear Workshop during the 3rd quarter worth about $69,000. Sherbrooke Park Advisers LLC boosted its stake in Build-A-Bear Workshop by 31.6% in the 3rd quarter. Sherbrooke Park Advisers LLC now owns 7,175 shares of the specialty retailer’s stock worth $468,000 after purchasing an additional 1,722 shares during the period. Qube Research & Technologies Ltd grew its holdings in Build-A-Bear Workshop by 17.7% during the 3rd quarter. Qube Research & Technologies Ltd now owns 271,520 shares of the specialty retailer’s stock valued at $17,706,000 after buying an additional 40,743 shares in the last quarter. Finally, Larson Financial Group LLC grew its holdings in Build-A-Bear Workshop by 453.1% during the 3rd quarter. Larson Financial Group LLC now owns 542 shares of the specialty retailer’s stock valued at $35,000 after buying an additional 444 shares in the last quarter. 79.30% of the stock is owned by institutional investors.

Build-A-Bear Workshop Stock Performance

Shares of NYSE:BBW opened at $52.18 on Friday. The company has a market capitalization of $684.88 million, a P/E ratio of 11.70 and a beta of 0.88. The company’s 50-day moving average is $57.32 and its 200 day moving average is $54.63. Build-A-Bear Workshop has a fifty-two week low of $32.55 and a fifty-two week high of $75.85.

Build-A-Bear Workshop (NYSE:BBW) last announced its quarterly earnings data on Thursday, March 27th. The specialty retailer reported $1.59 EPS for the quarter. The business had revenue of $150.45 million for the quarter. Build-A-Bear Workshop had a net margin of 11.34% and a return on equity of 41.14%. As a group, research analysts predict that Build-A-Bear Workshop will post 3.71 earnings per share for the current year.

Build-A-Bear Workshop Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 8th. Shareholders of record on Wednesday, November 26th will be given a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date is Wednesday, November 26th. Build-A-Bear Workshop’s dividend payout ratio (DPR) is currently 19.73%.

Build-A-Bear Workshop Company Profile

Build-A-Bear Workshop, Inc operates as a multi-channel retailer of plush animals and related products in the United States, Canada, the United Kingdom, Ireland, and internationally. The company operates through three segments: Direct-to-Consumer, Commercial, and International Franchising. Its merchandise comprises various styles of plush products to be stuffed, pre-stuffed plush products, and sounds and scents that can be added to the stuffed animals, as well as range of clothing, shoes and accessories, and other toy and novelty items, including family sleepwear.