Build-A-Bear Workshop, Inc. (NYSE:BBW) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of Build-A-Bear Workshop, Inc. (NYSE:BBW) have earned an average recommendation of “Moderate Buy” from the five brokerages that are currently covering the company, Marketbeat reports. Two research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year price target among brokerages that have covered the stock in the last year is $70.00.

Several research analysts recently issued reports on BBW shares. Weiss Ratings lowered Build-A-Bear Workshop from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, May 20th. DA Davidson restated a “buy” rating and set a $60.00 price objective on shares of Build-A-Bear Workshop in a report on Friday, May 29th.

Build-A-Bear Workshop Stock Up 3.5%

NYSE:BBW opened at $31.24 on Friday. The stock has a market capitalization of $391.70 million, a price-to-earnings ratio of 7.32 and a beta of 1.09. Build-A-Bear Workshop has a 52 week low of $29.35 and a 52 week high of $75.85. The firm has a 50 day moving average of $34.31 and a 200 day moving average of $44.72.

Build-A-Bear Workshop (NYSE:BBW) last released its quarterly earnings results on Thursday, May 28th. The specialty retailer reported $1.03 earnings per share (EPS) for the quarter, topping 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 business had revenue of $125.27 million for the quarter, compared to analyst estimates of $129.45 million. As a group, analysts expect that Build-A-Bear Workshop will post 4.04 EPS for the current year.

Build-A-Bear Workshop Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, July 9th. Shareholders of record on Thursday, June 25th were issued a $0.23 dividend. The ex-dividend date of this dividend was Thursday, June 25th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 2.9%. Build-A-Bear Workshop’s dividend payout ratio (DPR) is currently 21.55%.

Insider Activity at Build-A-Bear Workshop

In other news, Director George Carrara sold 3,000 shares of the business’s stock in a transaction on Friday, June 5th. The shares were sold at an average price of $34.52, for a total transaction of $103,560.00. Following the sale, the director directly owned 11,277 shares of the company’s stock, valued at $389,282.04. The trade was 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 this hyperlink. Insiders own 4.00% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. Fuller & Thaler Asset Management Inc. increased its holdings in Build-A-Bear Workshop by 177.8% in the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 612,577 shares of the specialty retailer’s stock worth $37,533,000 after buying an additional 392,039 shares during the period. Price T Rowe Associates Inc. MD increased its stake in shares of Build-A-Bear Workshop by 129.1% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 374,756 shares of the specialty retailer’s stock worth $22,963,000 after acquiring an additional 211,145 shares during the period. Pillsbury Lake Capital LLC acquired a new stake in shares of Build-A-Bear Workshop in the fourth quarter worth $12,887,000. Meros Investment Management LP purchased a new position in shares of Build-A-Bear Workshop during the fourth quarter worth $9,004,000. Finally, Jefferies Financial Group Inc. acquired a new position in Build-A-Bear Workshop during the fourth quarter valued at $6,586,000. 79.30% of the stock is currently owned by hedge funds and other institutional investors.

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.