Build-A-Bear Workshop (NYSE:BBW) Trading Down 4.8% – Here’s Why

Build-A-Bear Workshop, Inc. (NYSE:BBW) dropped 4.8% during trading on Wednesday . The company traded as low as $39.44 and last traded at $39.0950. Approximately 79,406 shares were traded during trading, a decline of 80% from the average daily volume of 404,015 shares. The stock had previously closed at $41.06.

Analyst Ratings Changes

A number of research analysts have recently commented on BBW shares. Wall Street Zen cut Build-A-Bear Workshop from a “buy” rating to a “hold” rating in a research report on Saturday, December 6th. Zacks Research upgraded shares of Build-A-Bear Workshop from a “strong sell” rating to a “hold” rating in a research note on Tuesday, March 3rd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Build-A-Bear Workshop in a report on Tuesday, December 23rd. CJS Securities started coverage on Build-A-Bear Workshop in a research note on Wednesday, December 10th. They set a “market outperform” rating and a $70.00 price objective for the company. Finally, DA Davidson lowered their price objective on shares of Build-A-Bear Workshop from $85.00 to $70.00 and set a “buy” rating on the stock in a research report on Friday, December 5th. Five research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, Build-A-Bear Workshop has a consensus rating of “Moderate Buy” and a consensus price target of $64.75.

Build-A-Bear Workshop Trading Down 3.2%

The stock has a 50 day simple moving average of $52.44 and a 200 day simple moving average of $56.56. The firm has a market capitalization of $514.59 million, a PE ratio of 9.95 and a beta of 1.08.

Build-A-Bear Workshop (NYSE:BBW) last issued its quarterly earnings data on Thursday, March 12th. The specialty retailer reported $1.26 EPS for the quarter, missing the consensus estimate of $1.27 by ($0.01). Build-A-Bear Workshop had a return on equity of 34.44% and a net margin of 9.85%.The company had revenue of $154.51 million during the quarter, compared to the consensus estimate of $155.71 million. As a group, equities analysts anticipate that Build-A-Bear Workshop, Inc. will post 3.71 earnings per share for the current year.

Build-A-Bear Workshop Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 9th. Shareholders of record on Thursday, March 26th will be given a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend is Thursday, March 26th. This is a positive change from Build-A-Bear Workshop’s previous quarterly dividend of $0.22. Build-A-Bear Workshop’s payout ratio is presently 23.06%.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in BBW. Kestra Advisory Services LLC purchased a new stake in shares of Build-A-Bear Workshop in the fourth quarter worth $28,000. IFP Advisors Inc raised its position in shares of Build-A-Bear Workshop by 68.1% in the 3rd quarter. IFP Advisors Inc now owns 501 shares of the specialty retailer’s stock worth $33,000 after purchasing an additional 203 shares during the last quarter. Larson Financial Group LLC boosted its stake in Build-A-Bear Workshop by 453.1% in the 3rd quarter. Larson Financial Group LLC now owns 542 shares of the specialty retailer’s stock worth $35,000 after purchasing an additional 444 shares in the last quarter. Blue Trust Inc. grew its position in Build-A-Bear Workshop by 163.0% during the 4th quarter. Blue Trust Inc. now owns 668 shares of the specialty retailer’s stock valued at $41,000 after purchasing an additional 414 shares during the last quarter. Finally, State of Alaska Department of Revenue purchased a new stake in Build-A-Bear Workshop during the 3rd quarter valued at about $45,000. Hedge funds and other institutional investors own 79.30% of the company’s stock.

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.