Build-A-Bear Workshop (NYSE:BBW) Stock Price Down 4.6% – Time to Sell?

Build-A-Bear Workshop, Inc. (NYSE:BBW) was down 4.6% on Monday . The company traded as low as $38.66 and last traded at $39.0330. Approximately 105,810 shares changed hands during mid-day trading, a decline of 72% from the average daily volume of 374,065 shares. The stock had previously closed at $40.91.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the company. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Build-A-Bear Workshop in a research report on Tuesday, December 23rd. Zacks Research raised shares of Build-A-Bear Workshop from a “strong sell” rating to a “hold” rating in a report on Tuesday, March 3rd. DA Davidson cut their price target on shares of Build-A-Bear Workshop from $85.00 to $70.00 and set a “buy” rating for the company in a report on Friday, December 5th. Wall Street Zen downgraded Build-A-Bear Workshop from a “buy” rating to a “hold” rating in a report on Saturday, December 6th. Finally, CJS Securities assumed coverage on Build-A-Bear Workshop in a report on Wednesday, December 10th. They issued a “market outperform” rating and a $70.00 target price on the stock. Five analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $64.75.

Build-A-Bear Workshop Stock Performance

The company’s fifty day moving average is $55.06 and its two-hundred day moving average is $57.28. The firm has a market cap of $523.81 million, a price-to-earnings ratio of 10.12 and a beta of 1.08.

Build-A-Bear Workshop (NYSE:BBW) last issued its earnings results on Thursday, March 12th. The specialty retailer reported $1.26 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.27 by ($0.01). The business had revenue of $154.51 million during the quarter, compared to the consensus estimate of $155.71 million. Build-A-Bear Workshop had a return on equity of 34.44% and a net margin of 9.85%. As a group, analysts forecast that Build-A-Bear Workshop, Inc. will post 3.71 earnings per share for the current fiscal year.

Build-A-Bear Workshop Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 9th. Shareholders of record on Thursday, March 26th will be given a dividend of $0.23 per share. The ex-dividend date of this dividend is Thursday, March 26th. This represents a $0.92 dividend on an annualized basis and a yield of 2.3%. This is a positive change from Build-A-Bear Workshop’s previous quarterly dividend of $0.22. Build-A-Bear Workshop’s dividend payout ratio (DPR) is presently 22.06%.

Institutional Investors Weigh In On Build-A-Bear Workshop

Institutional investors and hedge funds have recently bought and sold shares of the business. Kestra Advisory Services LLC acquired a new position in shares of Build-A-Bear Workshop in the 4th quarter worth approximately $28,000. IFP Advisors Inc lifted its holdings in Build-A-Bear Workshop by 68.1% during the 3rd quarter. IFP Advisors Inc now owns 501 shares of the specialty retailer’s stock worth $33,000 after buying an additional 203 shares in the last quarter. Larson Financial Group LLC lifted its holdings in Build-A-Bear Workshop by 453.1% during the 3rd quarter. Larson Financial Group LLC now owns 542 shares of the specialty retailer’s stock worth $35,000 after buying an additional 444 shares in the last quarter. Blue Trust Inc. boosted its position in Build-A-Bear Workshop by 163.0% in the 4th quarter. Blue Trust Inc. now owns 668 shares of the specialty retailer’s stock valued at $41,000 after buying an additional 414 shares during the last quarter. Finally, State of Alaska Department of Revenue bought a new stake in shares of Build-A-Bear Workshop during the third quarter worth $45,000. Institutional investors 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.