Build-A-Bear Workshop (NYSE:BBW) Share Price Crosses Above 200-Day Moving Average – What’s Next?

Build-A-Bear Workshop, Inc. (NYSE:BBW)’s stock price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $57.67 and traded as high as $71.92. Build-A-Bear Workshop shares last traded at $70.67, with a volume of 361,297 shares.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on BBW shares. DA Davidson decreased their target price on shares of Build-A-Bear Workshop from $85.00 to $70.00 and set a “buy” rating for the company in a research report on Friday, December 5th. Weiss Ratings reissued a “buy (b)” rating on shares of Build-A-Bear Workshop in a report on Tuesday, December 23rd. CJS Securities assumed coverage on Build-A-Bear Workshop in a research note on Wednesday, December 10th. They issued a “market outperform” rating and a $70.00 target price on the stock. Zacks Research cut Build-A-Bear Workshop from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 6th. Finally, Wall Street Zen downgraded Build-A-Bear Workshop from a “buy” rating to a “hold” rating in a report on Saturday, December 6th. Five equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $64.75.

Build-A-Bear Workshop Stock Down 0.5%

The firm has a 50-day moving average price of $56.59 and a two-hundred day moving average price of $57.67. The firm has a market cap of $915.18 million, a PE ratio of 16.25 and a beta of 1.01.

Build-A-Bear Workshop (NYSE:BBW) last posted its quarterly earnings results on Thursday, December 4th. The specialty retailer reported $0.62 earnings per share for the quarter, topping the consensus estimate of $0.55 by $0.07. The firm had revenue of $122.68 million for the quarter, compared to the consensus estimate of $124.28 million. Build-A-Bear Workshop had a net margin of 10.93% and a return on equity of 38.43%. During the same period last year, the firm posted $0.73 earnings per share. Research analysts forecast that Build-A-Bear Workshop, Inc. will post 3.71 earnings per share for the current fiscal year.

Build-A-Bear Workshop Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 8th. Shareholders of record on Wednesday, November 26th were paid a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend was Wednesday, November 26th. Build-A-Bear Workshop’s dividend payout ratio (DPR) is 20.23%.

Institutional Investors Weigh In On Build-A-Bear Workshop

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Thrivent Financial for Lutherans boosted its stake in Build-A-Bear Workshop by 5,113.6% during the second quarter. Thrivent Financial for Lutherans now owns 752,320 shares of the specialty retailer’s stock worth $38,789,000 after buying an additional 737,890 shares during the last quarter. CSM Advisors LLC purchased a new position in shares of Build-A-Bear Workshop during the 2nd quarter worth $6,233,000. Marshall Wace LLP boosted its position in shares of Build-A-Bear Workshop by 69.9% during the 3rd quarter. Marshall Wace LLP now owns 237,927 shares of the specialty retailer’s stock valued at $15,515,000 after acquiring an additional 97,917 shares during the last quarter. Balyasny Asset Management L.P. purchased a new stake in shares of Build-A-Bear Workshop in the second quarter valued at about $4,908,000. Finally, Oberweis Asset Management Inc. acquired a new stake in Build-A-Bear Workshop during the third quarter worth about $5,973,000. Institutional investors and hedge funds own 79.30% of the company’s stock.

Build-A-Bear Workshop Company Profile

Build-A-Bear Workshop, Inc operates a specialty retail business focused on interactive “workshop” experiences that allow customers to create customized stuffed animals. Through its in-store and online platforms, the company offers a wide range of plush toys, apparel, accessories and sound modules, enabling guests to personalize each creation. In addition to its core bear products, Build-A-Bear has expanded its portfolio to include licensed characters from leading entertainment and media franchises.

Founded in 1997 by Maxine Clark and headquartered in St.