Zacks Investment Research Lowers Build-A-Bear Workshop (BBW) to Strong Sell

Zacks Investment Research cut shares of Build-A-Bear Workshop (NYSE:BBW) from a hold rating to a strong sell rating in a research report sent to investors on Wednesday.

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. “

Separately, ValuEngine upgraded shares of Build-A-Bear Workshop from a sell rating to a hold rating in a research report on Wednesday, August 8th.

Shares of BBW stock opened at $5.00 on Wednesday. The stock has a market capitalization of $78.45 million, a PE ratio of 9.43 and a beta of -0.61. Build-A-Bear Workshop has a one year low of $4.93 and a one year high of $10.45.

Build-A-Bear Workshop (NYSE:BBW) last posted its quarterly earnings results on Thursday, November 29th. The specialty retailer reported ($0.42) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.12) by ($0.30). The company had revenue of $68.69 million for the quarter, compared to the consensus estimate of $73.60 million. Build-A-Bear Workshop had a negative net margin of 0.66% and a negative return on equity of 0.68%. During the same quarter in the previous year, the company posted ($0.10) EPS. As a group, sell-side analysts expect that Build-A-Bear Workshop will post -0.02 EPS for the current year.

Institutional investors and hedge funds have recently made changes to their positions in the stock. Engineers Gate Manager LP purchased a new position in shares of Build-A-Bear Workshop during the second quarter worth approximately $110,000. LSV Asset Management purchased a new position in shares of Build-A-Bear Workshop during the second quarter worth approximately $131,000. Campbell & CO Investment Adviser LLC purchased a new position in shares of Build-A-Bear Workshop during the third quarter worth approximately $171,000. 22NW LP purchased a new position in shares of Build-A-Bear Workshop during the second quarter worth approximately $173,000. Finally, NJ State Employees Deferred Compensation Plan purchased a new position in shares of Build-A-Bear Workshop during the third quarter worth approximately $181,000. 79.00% of the stock is currently owned by institutional investors and hedge funds.

Build-A-Bear Workshop Company Profile

Build-A-Bear Workshop, Inc operates as a specialty retailer of plush animals and related products. The company operates through three segments: Direct-to-Consumer, International Franchising, and Commercial. Its merchandise comprises a range of styles of stuffed animals; clothing, shoes, and accessories for the stuffed animals; and other toy and novelty items.

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