Build-A-Bear Workshop, Inc. (NYSE:BBW) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research report issued to clients and investors 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. “

Other equities research analysts have also issued reports about the stock. Jefferies Group LLC began 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. Dougherty & Co dropped their price objective on shares of Build-A-Bear Workshop from $14.50 to $13.50 and set a “buy” rating on the stock in a report on Friday, July 28th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $11.67.

Shares of Build-A-Bear Workshop (NYSE:BBW) traded up $0.20 on Thursday, hitting $7.90. 90,527 shares of the stock were exchanged, compared to its average volume of 112,894. The stock has a market capitalization of $126.67, a price-to-earnings ratio of 19.75, a PEG ratio of 0.87 and a beta of -0.18. Build-A-Bear Workshop has a 12-month low of $7.65 and a 12-month high of $15.85.

Build-A-Bear Workshop (NYSE:BBW) last announced its quarterly earnings data on Thursday, October 26th. The specialty retailer reported $0.09 earnings per share for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.01). The company had revenue of $82.40 million for the quarter, compared to analysts’ expectations of $85.61 million. Build-A-Bear Workshop had a net margin of 0.83% and a return on equity of 6.38%. Build-A-Bear Workshop’s quarterly revenue was down 1.6% compared to the same quarter last year. During the same period last year, the firm earned $0.11 earnings per share. equities research analysts anticipate that Build-A-Bear Workshop will post 0.51 earnings per share for the current fiscal year.

Build-A-Bear Workshop declared that its board has initiated a share repurchase plan on Monday, August 21st that allows the company to buyback $20.00 million in shares. This buyback authorization allows the specialty retailer to repurchase shares of its stock through open market purchases. Stock buyback plans are typically a sign that the company’s board of directors believes its stock is undervalued.

TRADEMARK VIOLATION NOTICE: This news story was posted by Watch List News and is owned by of Watch List News. If you are accessing this news story on another website, it was stolen and republished in violation of US and international trademark & copyright legislation. The legal version of this news story can be viewed at https://www.watchlistnews.com/build-a-bear-workshop-inc-bbw-stock-rating-lowered-by-zacks-investment-research/1679080.html.

In other Build-A-Bear Workshop news, Director Braden Michael Leonard sold 27,000 shares of the company’s stock in a transaction dated Friday, September 29th. The shares were sold at an average price of $9.21, for a total value of $248,670.00. Following the completion of the transaction, the director now owns 142,043 shares in the company, valued at $1,308,216.03. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, major shareholder Point72 Asset Management, L.P. acquired 15,000 shares of the firm’s stock in a transaction on Tuesday, August 29th. The stock was purchased at an average price of $9.25 per share, with a total value of $138,750.00. The disclosure for this purchase can be found here. Over the last 90 days, insiders have purchased 61,000 shares of company stock valued at $537,110 and have sold 177,000 shares valued at $1,599,746. Insiders own 17.50% of the company’s stock.

Institutional investors have recently modified their holdings of the business. Tudor Investment Corp ET AL acquired a new position in shares of Build-A-Bear Workshop in the second quarter worth about $129,000. Trexquant Investment LP raised its position in shares of Build-A-Bear Workshop by 1.1% in the second quarter. Trexquant Investment LP now owns 14,704 shares of the specialty retailer’s stock worth $154,000 after acquiring an additional 155 shares during the period. Parametric Portfolio Associates LLC raised its position in shares of Build-A-Bear Workshop by 15.4% in the second quarter. Parametric Portfolio Associates LLC now owns 14,805 shares of the specialty retailer’s stock worth $155,000 after acquiring an additional 1,978 shares during the period. Rhumbline Advisers raised its position in shares of Build-A-Bear Workshop by 2.6% in the second quarter. Rhumbline Advisers now owns 16,259 shares of the specialty retailer’s stock worth $170,000 after acquiring an additional 415 shares during the period. Finally, Ameriprise Financial Inc. acquired a new position in shares of Build-A-Bear Workshop in the second quarter worth about $224,000. Institutional investors and hedge funds own 69.44% of the company’s stock.

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.

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

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