Build-A-Bear Workshop, Inc. (NYSE:BBW) Receives $64.75 Average Price Target from Analysts

Build-A-Bear Workshop, Inc. (NYSE:BBW) has been assigned a consensus recommendation of “Moderate Buy” from the six research firms that are covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $64.75.

A number of research firms have weighed in on BBW. DA Davidson lowered their price objective on Build-A-Bear Workshop from $85.00 to $70.00 and set a “buy” rating on the stock in a research note on Friday, December 5th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Build-A-Bear Workshop in a report on Friday. Wall Street Zen cut shares of Build-A-Bear Workshop from a “buy” rating to a “hold” rating in a research report on Saturday, December 6th. CJS Securities started coverage on shares of Build-A-Bear Workshop in a report on Wednesday, December 10th. They issued a “market outperform” rating and a $70.00 price objective for the company. Finally, Zacks Research upgraded shares of Build-A-Bear Workshop from a “strong sell” rating to a “hold” rating in a research report on Tuesday, March 3rd.

Build-A-Bear Workshop Trading Up 1.4%

BBW opened at $37.39 on Friday. Build-A-Bear Workshop has a twelve month low of $32.55 and a twelve month high of $75.85. The firm has a market capitalization of $484.20 million, a PE ratio of 9.37 and a beta of 1.08. The firm’s 50-day moving average price is $49.27 and its 200 day moving average price is $55.33.

Build-A-Bear Workshop (NYSE:BBW) last released its earnings results on Thursday, March 12th. The specialty retailer reported $1.26 earnings per share for the quarter, missing analysts’ consensus estimates of $1.27 by ($0.01). The business had revenue of $154.51 million during the quarter, compared to analysts’ expectations of $155.71 million. Build-A-Bear Workshop had a return on equity of 34.44% and a net margin of 9.85%. As a group, analysts predict that Build-A-Bear Workshop will post 3.71 earnings per share for the current fiscal year.

Build-A-Bear Workshop Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 9th. Stockholders of record on Thursday, March 26th will be paid a $0.23 dividend. This is a positive change from Build-A-Bear Workshop’s previous quarterly dividend of $0.22. The ex-dividend date of this dividend is Thursday, March 26th. This represents a $0.92 annualized dividend and a dividend yield of 2.5%. Build-A-Bear Workshop’s dividend payout ratio is currently 23.06%.

Institutional Trading of Build-A-Bear Workshop

Several institutional investors have recently made changes to their positions in BBW. Kestra Advisory Services LLC purchased a new position in Build-A-Bear Workshop in the fourth quarter worth approximately $28,000. IFP Advisors Inc lifted its stake 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 valued at $33,000 after purchasing an additional 203 shares during the last quarter. Larson Financial Group LLC lifted its stake in shares of 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 valued at $35,000 after purchasing an additional 444 shares during the last quarter. Blue Trust Inc. grew its holdings in shares of Build-A-Bear Workshop by 163.0% during the 4th quarter. Blue Trust Inc. now owns 668 shares of the specialty retailer’s stock worth $41,000 after purchasing an additional 414 shares during the period. Finally, Covestor Ltd increased its position in shares of Build-A-Bear Workshop by 214.3% during the 3rd quarter. Covestor Ltd now owns 682 shares of the specialty retailer’s stock worth $45,000 after purchasing an additional 465 shares during the last quarter. 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.