Buffalo Wild Wings, Inc. (NASDAQ:BWLD)’s stock had its “hold” rating restated by stock analysts at Wedbush in a research note issued on Tuesday. They presently have a $130.00 target price on the restaurant operator’s stock. Wedbush’s price objective points to a potential upside of 10.87% from the stock’s previous close.
A number of other equities research analysts have also recently weighed in on BWLD. Wells Fargo & Company boosted their price objective on Buffalo Wild Wings from $110.00 to $150.00 and gave the company a “market perform” rating in a research note on Tuesday. Maxim Group reiterated a “buy” rating and issued a $160.00 price objective on shares of Buffalo Wild Wings in a research note on Tuesday. Barclays PLC reduced their price objective on Buffalo Wild Wings from $144.00 to $128.00 and set an “overweight” rating for the company in a research note on Wednesday, October 18th. Morgan Stanley boosted their price objective on Buffalo Wild Wings from $112.00 to $124.00 and gave the company an “equal weight” rating in a research note on Thursday, October 26th. Finally, Cowen and Company reiterated a “market perform” rating and issued a $110.00 price objective on shares of Buffalo Wild Wings in a research note on Wednesday, September 20th. Two research analysts have rated the stock with a sell rating, eighteen have issued a hold rating and seven have given a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of $134.67.
Shares of Buffalo Wild Wings (BWLD) traded down $1.60 during midday trading on Tuesday, reaching $117.25. The company’s stock had a trading volume of 991,500 shares, compared to its average volume of 508,426. The company has a debt-to-equity ratio of 1.60, a quick ratio of 0.61 and a current ratio of 0.70. Buffalo Wild Wings has a one year low of $95.00 and a one year high of $175.10. The stock has a market capitalization of $1,843.63, a PE ratio of 27.45, a P/E/G ratio of 1.46 and a beta of 0.79.
Buffalo Wild Wings (NASDAQ:BWLD) last issued its quarterly earnings data on Wednesday, October 25th. The restaurant operator reported $1.36 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.79 by $0.57. Buffalo Wild Wings had a return on equity of 21.39% and a net margin of 3.17%. The company had revenue of $496.70 million during the quarter, compared to analysts’ expectations of $500.97 million. During the same quarter in the previous year, the business earned $1.23 earnings per share. The firm’s revenue for the quarter was up .5% on a year-over-year basis. equities analysts predict that Buffalo Wild Wings will post 4.98 EPS for the current year.
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A number of institutional investors have recently bought and sold shares of BWLD. Koch Industries Inc. acquired a new stake in Buffalo Wild Wings in the second quarter valued at $618,000. Victory Capital Management Inc. grew its holdings in 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 last quarter. Chilton Investment Co. LLC acquired a new stake in shares of Buffalo Wild Wings during the second quarter valued at $9,796,000. Prudential Financial Inc. boosted its stake in shares of Buffalo Wild Wings by 628.5% during the third quarter. Prudential Financial Inc. now owns 80,365 shares of the restaurant operator’s stock valued at $8,495,000 after acquiring an additional 69,334 shares during the last quarter. Finally, Teachers Advisors LLC boosted its stake in shares of Buffalo Wild Wings by 142.0% during the second quarter. Teachers Advisors LLC now owns 116,567 shares of the restaurant operator’s stock valued at $14,769,000 after acquiring an additional 68,398 shares during the last quarter. 89.14% of the stock is currently owned by institutional investors.
About Buffalo Wild Wings
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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