Build-A-Bear Workshop (NYSE:BBW) Upgraded at StockNews.com

StockNews.com upgraded shares of Build-A-Bear Workshop (NYSE:BBW) from a hold rating to a buy rating in a research note issued to investors on Tuesday.

Separately, DA Davidson reiterated a buy rating and issued a $40.00 price target on shares of Build-A-Bear Workshop in a research report on Friday, March 15th.

Build-A-Bear Workshop Stock Performance

NYSE:BBW opened at $29.37 on Tuesday. The stock has a market cap of $414.41 million, a price-to-earnings ratio of 8.05 and a beta of 1.70. Build-A-Bear Workshop has a 1 year low of $17.85 and a 1 year high of $30.86. The business has a fifty day moving average of $29.10 and a 200-day moving average of $25.51.

Build-A-Bear Workshop (NYSE:BBW) last posted its quarterly earnings data on Thursday, March 14th. The specialty retailer reported $1.34 earnings per share for the quarter, topping the consensus estimate of $1.32 by $0.02. Build-A-Bear Workshop had a net margin of 10.86% and a return on equity of 43.26%. The business had revenue of $149.28 million during the quarter, compared to the consensus estimate of $150.02 million. On average, equities research analysts predict that Build-A-Bear Workshop will post 3.57 EPS for the current year.

Build-A-Bear Workshop Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, April 11th. Shareholders of record on Thursday, March 28th were issued a $0.20 dividend. The ex-dividend date was Wednesday, March 27th. This represents a $0.80 annualized dividend and a dividend yield of 2.72%. Build-A-Bear Workshop’s dividend payout ratio is currently 21.92%.

Institutional Investors Weigh In On Build-A-Bear Workshop

Several large investors have recently modified their holdings of BBW. Allspring Global Investments Holdings LLC raised its holdings in Build-A-Bear Workshop by 101.6% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 5,755 shares of the specialty retailer’s stock worth $169,000 after buying an additional 2,900 shares during the period. Lazard Asset Management LLC lifted its stake in Build-A-Bear Workshop by 25.2% in the 1st quarter. Lazard Asset Management LLC now owns 6,782 shares of the specialty retailer’s stock worth $202,000 after acquiring an additional 1,365 shares in the last quarter. Watershed Asset Management L.L.C. boosted its position in Build-A-Bear Workshop by 19.6% during the 4th quarter. Watershed Asset Management L.L.C. now owns 11,918 shares of the specialty retailer’s stock worth $274,000 after acquiring an additional 1,953 shares during the period. Virtu Financial LLC purchased a new position in Build-A-Bear Workshop during the 1st quarter valued at about $321,000. Finally, BNP Paribas Financial Markets increased its holdings in shares of Build-A-Bear Workshop by 7.7% in the 4th quarter. BNP Paribas Financial Markets now owns 15,138 shares of the specialty retailer’s stock valued at $348,000 after purchasing an additional 1,083 shares during the period. 79.30% of the stock is owned by institutional investors.

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.