Build-A-Bear Workshop (NYSE:BBW) Upgraded by StockNews.com to Buy Rating

Build-A-Bear Workshop (NYSE:BBW) was upgraded by equities research analysts at StockNews.com from a “hold” rating to a “buy” rating in a report released on Thursday.

BBW has been the subject of a number of other research reports. DA Davidson upped their price objective on shares of Build-A-Bear Workshop from $40.00 to $50.00 and gave the company a “buy” rating in a research report on Friday, December 6th. Northland Securities upped their price objective on shares of Build-A-Bear Workshop from $38.00 to $55.00 and gave the company an “outperform” rating in a research report on Friday, December 6th.

Build-A-Bear Workshop Trading Up 3.0 %

Shares of NYSE:BBW opened at $36.42 on Thursday. The stock has a market capitalization of $489.48 million, a PE ratio of 9.69 and a beta of 1.50. Build-A-Bear Workshop has a 1 year low of $23.63 and a 1 year high of $48.23. The firm has a fifty day moving average price of $40.29 and a 200 day moving average price of $38.19.

Build-A-Bear Workshop (NYSE:BBW) last issued its quarterly earnings data on Thursday, March 13th. The specialty retailer reported $1.59 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.52 by $0.07. The firm had revenue of $150.45 million during the quarter, compared to analysts’ expectations of $147.53 million. Build-A-Bear Workshop had a net margin of 10.58% and a return on equity of 38.35%. On average, sell-side analysts forecast that Build-A-Bear Workshop will post 3.71 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Build-A-Bear Workshop news, CFO Vojin Todorovic sold 5,000 shares of the company’s stock in a transaction dated Tuesday, January 21st. The shares were sold at an average price of $40.08, for a total transaction of $200,400.00. Following the sale, the chief financial officer now directly owns 70,695 shares of the company’s stock, valued at approximately $2,833,455.60. This represents a 6.61 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Sharon Price John sold 53,962 shares of the company’s stock in a transaction dated Friday, January 10th. The stock was sold at an average price of $42.02, for a total transaction of $2,267,483.24. Following the sale, the chief executive officer now directly owns 293,858 shares in the company, valued at $12,347,913.16. This represents a 15.51 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 161,666 shares of company stock valued at $7,010,081. 7.90% of the stock is currently owned by insiders.

Institutional Trading of Build-A-Bear Workshop

Several hedge funds have recently modified their holdings of the stock. Brandywine Global Investment Management LLC grew its stake in shares of Build-A-Bear Workshop by 0.7% during the fourth quarter. Brandywine Global Investment Management LLC now owns 45,714 shares of the specialty retailer’s stock valued at $2,105,000 after purchasing an additional 340 shares during the last quarter. Fortitude Family Office LLC grew its stake in shares of Build-A-Bear Workshop by 34.1% during the fourth quarter. Fortitude Family Office LLC now owns 1,480 shares of the specialty retailer’s stock valued at $68,000 after purchasing an additional 376 shares during the last quarter. OneDigital Investment Advisors LLC grew its stake in shares of Build-A-Bear Workshop by 1.9% during the third quarter. OneDigital Investment Advisors LLC now owns 22,397 shares of the specialty retailer’s stock valued at $770,000 after purchasing an additional 408 shares during the last quarter. USA Financial Formulas bought a new position in Build-A-Bear Workshop in the fourth quarter valued at approximately $27,000. Finally, SkyView Investment Advisors LLC grew its holdings in Build-A-Bear Workshop by 2.4% during the 3rd quarter. SkyView Investment Advisors LLC now owns 31,695 shares of the specialty retailer’s stock worth $1,089,000 after acquiring an additional 734 shares during the period. 79.30% of the stock is owned by institutional investors.

Build-A-Bear Workshop Company Profile

Build-A-Bear Workshop, Inc operates as a multi-channel retailer of plush animals and related products in the United States, Canada, the United Kingdom, Ireland, and internationally. The company operates through three segments: Direct-to-Consumer, Commercial, and International Franchising. Its merchandise comprises various styles of plush products to be stuffed, pre-stuffed plush products, and sounds and scents that can be added to the stuffed animals, as well as range of clothing, shoes and accessories, and other toy and novelty items, including family sleepwear.