Buffalo Wild Wings Inc. (BWLD) Shares Down 0.9%
Buffalo Wild Wings Inc. (NASDAQ:BWLD)’s share price was down 0.9% during trading on Monday . The stock traded as low as $164.83 and last traded at $165.56, with a volume of 179,165 shares. The stock had previously closed at $167.05.
Several equities analysts have recently commented on BWLD shares. BMO Capital Markets restated a “buy” rating and issued a $165.00 price objective on shares of Buffalo Wild Wings in a report on Monday, June 20th. Dougherty & Co restated a “neutral” rating on shares of Buffalo Wild Wings in a report on Friday, April 22nd. OTR Global lowered shares of Buffalo Wild Wings to a “neutral” rating in a report on Thursday, April 21st. Guggenheim upgraded shares of Buffalo Wild Wings from a “neutral” rating to a “buy” rating and set a $190.00 price objective on the stock in a report on Friday, June 24th. Finally, Vetr upgraded shares of Buffalo Wild Wings from a “strong sell” rating to a “hold” rating and set a $140.18 target price on the stock in a report on Monday, June 27th. One equities research analyst has rated the stock with a sell rating, fifteen have issued a hold rating and twelve have issued a buy rating to the company’s stock. Buffalo Wild Wings currently has an average rating of “Hold” and an average price target of $157.46.
The stock has a market capitalization of $3.02 billion and a P/E ratio of 31.01. The company has a 50 day moving average of $150.85 and a 200-day moving average of $147.57.
Buffalo Wild Wings (NASDAQ:BWLD) last posted its earnings results on Tuesday, July 26th. The company reported $1.27 EPS for the quarter, topping analysts’ consensus estimates of $1.26 by $0.01. During the same period in the previous year, the firm posted $1.12 earnings per share. The firm had revenue of $490.20 million for the quarter, compared to analyst estimates of $498.86 million. The company’s revenue for the quarter was up 15.0% on a year-over-year basis. On average, equities analysts expect that Buffalo Wild Wings Inc. will post $5.73 earnings per share for the current fiscal year.
In related news, Director J Oliver Maggard sold 300 shares of the company’s stock in a transaction on Thursday, August 4th. The shares were sold at an average price of $169.36, for a total value of $50,808.00. Following the sale, the director now directly owns 3,522 shares of the company’s stock, valued at $596,485.92. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, COO James M. Schmidt sold 750 shares of the company’s stock in a transaction on Monday, August 1st. The shares were sold at an average price of $168.00, for a total transaction of $126,000.00. The disclosure for this sale can be found here.
A number of hedge funds recently bought and sold shares of BWLD. Wells Fargo & Company MN boosted its stake in Buffalo Wild Wings by 79.8% in the fourth quarter. Wells Fargo & Company MN now owns 161,838 shares of the company’s stock valued at $25,836,000 after buying an additional 71,821 shares in the last quarter. Stephens Investment Management Group LLC boosted its stake in Buffalo Wild Wings by 14.8% in the fourth quarter. Stephens Investment Management Group LLC now owns 225,423 shares of the company’s stock valued at $35,989,000 after buying an additional 29,011 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in Buffalo Wild Wings by 4.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 366,392 shares of the company’s stock valued at $58,495,000 after buying an additional 14,591 shares in the last quarter. Finally, Advisors Asset Management Inc. boosted its stake in Buffalo Wild Wings by 24.2% in the fourth quarter. Advisors Asset Management Inc. now owns 6,281 shares of the company’s stock valued at $1,003,000 after buying an additional 1,222 shares in the last quarter.
Buffalo Wild Wings, Inc (Buffalo Wild Wings) is an owner, operator and franchisor of restaurants featuring various menu items. The Company’s restaurants feature a bar, which offers a selection of 20 to 30 domestic, imported and craft beers on tap, as well as bottled beers, wine and liquor. The Buffalo Wild Wings restaurants feature various menu items, including its Buffalo, New York-style chicken wings spun in one of its signature sauces from sweet to screamin’ hot, which includes Sweet barbeque (BBQ), Teriyaki, Bourbon Honey Mustard, Mild, Parmesan Garlic, Medium, Honey BBQ, Spicy Garlic, Asian Zing, Caribbean Jerk, Thai Curry, Hot BBQ, Hot, Mango Habanero, Wild and Blazin’, or signature seasonings, Buffalo, Desert Heat, Chipotle BBQ, Lemon Pepper, and Salt & Vinegar.
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