Build-A-Bear Workshop, Inc. (NYSE:BBW) Receives $70.00 Average Target Price from Brokerages

Build-A-Bear Workshop, Inc. (NYSE:BBW) has earned a consensus rating of “Moderate Buy” from the five ratings firms that are presently covering the firm, Marketbeat reports. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is $70.00.

Several equities analysts recently commented 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 reiterated a “buy” rating and set a $60.00 price objective on shares of Build-A-Bear Workshop in a research note on Friday, May 29th.

Build-A-Bear Workshop Price Performance

NYSE BBW traded up $3.27 during trading hours on Friday, hitting $34.42. The company had a trading volume of 599,836 shares, compared to its average volume of 366,358. Build-A-Bear Workshop has a fifty-two week low of $29.35 and a fifty-two week high of $75.85. The company has a market capitalization of $431.63 million, a price-to-earnings ratio of 8.06 and a beta of 1.09. The firm’s 50 day moving average is $34.27 and its 200 day moving average is $44.65.

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

Build-A-Bear Workshop Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, July 9th. Investors of record on Thursday, June 25th were issued a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend was Thursday, June 25th. Build-A-Bear Workshop’s dividend payout ratio (DPR) is presently 21.55%.

Insider Buying and Selling

In other Build-A-Bear Workshop 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 value of $103,560.00. Following the transaction, the director owned 11,277 shares in the company, valued at $389,282.04. The trade was a 21.01% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 4.00% of the stock is owned by corporate insiders.

Institutional Trading of Build-A-Bear Workshop

A number of hedge funds and other institutional investors have recently modified their holdings of the business. American Century Companies Inc. grew its holdings in Build-A-Bear Workshop by 6.7% during the 3rd quarter. American Century Companies Inc. now owns 535,791 shares of the specialty retailer’s stock worth $34,939,000 after acquiring an additional 33,445 shares in the last quarter. SG Americas Securities LLC raised its stake in shares of Build-A-Bear Workshop by 199.7% in the 4th quarter. SG Americas Securities LLC now owns 28,858 shares of the specialty retailer’s stock valued at $1,768,000 after purchasing an additional 19,229 shares in the last quarter. DNB Asset Management AS bought a new position in shares of Build-A-Bear Workshop during the fourth quarter worth about $1,226,000. Meros Investment Management LP bought a new position in shares of Build-A-Bear Workshop during the fourth quarter worth about $9,004,000. Finally, Inspire Investing LLC acquired a new position in Build-A-Bear Workshop in the first quarter worth about $1,586,000. 79.30% of the stock is owned by hedge funds and other 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.