Build-A-Bear Workshop, Inc. (NYSE:BBW) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Build-A-Bear Workshop, Inc. (NYSE:BBW) have earned an average recommendation of “Moderate Buy” from the five ratings firms that are covering the stock, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $70.00.

BBW has been the topic of a number of research analyst reports. Weiss Ratings cut Build-A-Bear Workshop from a “hold (c+)” rating to a “hold (c)” rating in a research note on Wednesday, May 20th. DA Davidson reiterated a “buy” rating and issued a $60.00 price objective on shares of Build-A-Bear Workshop in a report on Friday, May 29th.

Build-A-Bear Workshop Price Performance

BBW stock opened at $35.48 on Thursday. Build-A-Bear Workshop has a one year low of $29.35 and a one year high of $75.85. The stock has a market cap of $444.96 million, a PE ratio of 8.31 and a beta of 1.09. The firm has a 50 day simple moving average of $33.64 and a two-hundred day simple moving average of $42.06.

Build-A-Bear Workshop (NYSE:BBW) last posted its quarterly earnings data on Thursday, May 28th. The specialty retailer reported $1.03 earnings per share for the quarter, beating the consensus estimate of $0.76 by $0.27. Build-A-Bear Workshop had a net margin of 10.48% and a return on equity of 32.15%. The firm had revenue of $125.27 million for the quarter, compared to analysts’ expectations of $129.45 million. On average, research analysts expect that Build-A-Bear Workshop will post 4.04 EPS for the current fiscal year.

Build-A-Bear Workshop Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, July 9th. Investors of record on Thursday, June 25th were given a $0.23 dividend. The ex-dividend date was Thursday, June 25th. This represents a $0.92 dividend on an annualized basis and a yield of 2.6%. Build-A-Bear Workshop’s payout ratio is presently 21.55%.

Insider Transactions at Build-A-Bear Workshop

In other Build-A-Bear Workshop news, Director George Carrara sold 3,000 shares of the company’s stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $34.52, for a total value of $103,560.00. Following the completion of the sale, the director owned 11,277 shares of the company’s stock, valued at $389,282.04. This represents a 21.01% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 4.00% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Build-A-Bear Workshop

Hedge funds have recently made changes to their positions in the business. IFP Advisors Inc grew its holdings in shares of Build-A-Bear Workshop by 68.1% during the 3rd quarter. IFP Advisors Inc now owns 501 shares of the specialty retailer’s stock valued at $33,000 after purchasing an additional 203 shares during the last quarter. Commonwealth Equity Services LLC lifted its stake in Build-A-Bear Workshop by 7.0% in the fourth quarter. Commonwealth Equity Services LLC now owns 3,392 shares of the specialty retailer’s stock worth $208,000 after purchasing an additional 221 shares during the last quarter. SkyView Investment Advisors LLC boosted its position in Build-A-Bear Workshop by 2.1% during the second quarter. SkyView Investment Advisors LLC now owns 17,065 shares of the specialty retailer’s stock valued at $915,000 after buying an additional 356 shares during the period. Deutsche Bank AG boosted its position in Build-A-Bear Workshop by 3.5% during the fourth quarter. Deutsche Bank AG now owns 10,770 shares of the specialty retailer’s stock valued at $660,000 after buying an additional 363 shares during the period. Finally, Blue Trust Inc. grew its stake in shares of Build-A-Bear Workshop by 163.0% during the fourth 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. 79.30% of the stock is currently owned by institutional investors.

About Build-A-Bear Workshop

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.