Build-A-Bear Workshop (NYSE:BBW) Releases Quarterly Earnings Results, Beats Expectations By $0.06 EPS

Build-A-Bear Workshop (NYSE:BBW) announced its quarterly earnings results on Thursday. The specialty retailer reported $0.70 EPS for the quarter, beating analysts’ consensus estimates of $0.64 by $0.06, FiscalAI reports. Build-A-Bear Workshop had a net margin of 10.48% and a return on equity of 32.15%.

Build-A-Bear Workshop Stock Down 0.5%

Shares of NYSE BBW opened at $39.18 on Thursday. The stock’s 50-day simple moving average is $34.40 and its two-hundred day simple moving average is $38.24. Build-A-Bear Workshop has a twelve month low of $29.35 and a twelve month high of $75.85. The firm has a market capitalization of $491.32 million, a P/E ratio of 9.18 and a beta of 1.10.

Build-A-Bear Workshop Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, July 9th. Shareholders of record on Thursday, June 25th were paid a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date was Thursday, June 25th. Build-A-Bear Workshop’s dividend payout ratio is currently 21.55%.

Analyst Ratings Changes

A number of equities analysts have recently commented on BBW shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Build-A-Bear Workshop in a report on Monday, August 17th. DA Davidson reissued a “buy” rating and issued a $60.00 price target on shares of Build-A-Bear Workshop in a report on Friday, May 29th. Three analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $70.00.

Insider Transactions at Build-A-Bear Workshop

In other news, Director George Carrara sold 3,000 shares of the business’s stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $34.52, for a total transaction of $103,560.00. Following the completion of the transaction, the director owned 11,277 shares of the company’s stock, valued at approximately $389,282.04. The trade was a 21.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Sharon Price John sold 6,818 shares of the company’s stock in a transaction that occurred on Monday, August 24th. The stock was sold at an average price of $40.03, for a total transaction of $272,924.54. Following the completion of the transaction, the director owned 181,653 shares in the company, valued at approximately $7,271,569.59. This trade represents a 3.62% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 4.00% of the company’s stock.

Institutional Trading of Build-A-Bear Workshop

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Fuller & Thaler Asset Management Inc. raised its position 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 purchasing an additional 392,039 shares during the period. Price T Rowe Associates Inc. MD boosted its position in Build-A-Bear Workshop by 129.1% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 374,756 shares of the specialty retailer’s stock valued at $22,963,000 after buying an additional 211,145 shares during the period. Pillsbury Lake Capital LLC bought a new position in shares of Build-A-Bear Workshop during the fourth quarter valued at about $12,887,000. Marshall Wace LLP grew its stake in shares of Build-A-Bear Workshop by 69.9% during the third quarter. Marshall Wace LLP now owns 237,927 shares of the specialty retailer’s stock valued at $15,515,000 after buying an additional 97,917 shares during the last quarter. Finally, Balyasny Asset Management L.P. purchased a new position in shares of Build-A-Bear Workshop in the second quarter worth about $4,908,000. Hedge funds and other 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.