Build-A-Bear Workshop Inc. (NYSE:BBW) shares dropped 3.2% during trading on Wednesday . The company traded as low as $12.10 and last traded at $12.12, with a volume of 84,061 shares. The stock had previously closed at $12.52.

BBW has been the topic of a number of research analyst reports. BMO Capital Markets reaffirmed a “hold” rating and set a $13.00 target price on shares of Build-A-Bear Workshop in a report on Friday, August 5th. Zacks Investment Research raised Build-A-Bear Workshop from a “strong sell” rating to a “hold” rating in a report on Tuesday, May 17th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $17.20.

The company’s 50 day moving average is $13.30 and its 200-day moving average is $13.27. The firm has a market cap of $187.59 million and a PE ratio of 9.65.

Build-A-Bear Workshop (NYSE:BBW) last released its earnings results on Thursday, August 4th. The company reported ($0.28) earnings per share for the quarter, hitting analysts’ consensus estimates of ($0.28). During the same period last year, the business earned ($0.05) earnings per share. The firm had revenue of $75.10 million for the quarter, compared to analyst estimates of $79.09 million. The firm’s quarterly revenue was down 7.3% compared to the same quarter last year. On average, equities analysts anticipate that Build-A-Bear Workshop Inc. will post $0.84 earnings per share for the current year.

An institutional investor recently raised its position in Build-A-Bear Workshop stock. Royce & Associates LLC raised its stake in Build-A-Bear Workshop Inc. (NYSE:BBW) by 221.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 234,900 shares of the company’s stock after buying an additional 161,900 shares during the period. Royce & Associates LLC owned about 1.42% of Build-A-Bear Workshop worth $2,875,000 at the end of the most recent quarter.

Build-A-Bear Workshop, Inc is primarily a specialty retailer offering a make your own stuffed animal interactive retail-entertainment experience. The Company’s segments include direct-to-consumer (DTC), international franchising and commercial. The DTC segment includes the activities of Company-owned stores in the United States, Canada, the United Kingdom, Ireland and Denmark, and other retail delivery operations, including its e-commerce sites and temporary stores.

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