Build-A-Bear Workshop (NYSE:BBW) Stock Rating Lowered by StockNews.com

Build-A-Bear Workshop (NYSE:BBW) was downgraded by equities researchers at StockNews.com from a “buy” rating to a “hold” rating in a research note issued on Friday.

BBW has been the subject of several other reports. DA Davidson reiterated a “buy” rating and set a $50.00 price objective on shares of Build-A-Bear Workshop in a report on Friday, March 14th. Northland Securities increased their price objective on Build-A-Bear Workshop from $38.00 to $55.00 and gave the stock an “outperform” rating in a report on Friday, December 6th.

Build-A-Bear Workshop Stock Up 0.8 %

Shares of Build-A-Bear Workshop stock opened at $37.39 on Friday. The stock has a market cap of $502.47 million, a PE ratio of 9.94 and a beta of 1.50. The business has a fifty day simple moving average of $39.37 and a 200-day simple moving average of $38.46. Build-A-Bear Workshop has a 12 month low of $23.63 and a 12 month high of $48.23.

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

Insider Buying and Selling at Build-A-Bear Workshop

In other news, CFO Vojin Todorovic sold 15,000 shares of the firm’s stock in a transaction dated Monday, January 13th. The stock was sold at an average price of $41.55, for a total value of $623,250.00. Following the sale, the chief financial officer now directly owns 75,695 shares of the company’s stock, valued at approximately $3,145,127.25. This trade represents a 16.54 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Sharon Price John sold 68,859 shares of the firm’s stock in a transaction dated Tuesday, January 7th. The shares were sold at an average price of $46.06, for a total value of $3,171,645.54. Following the completion of the sale, the chief executive officer now directly owns 347,820 shares in the company, valued at approximately $16,020,589.20. This represents a 16.53 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 161,666 shares of company stock worth $7,010,081 over the last three months. Corporate insiders own 7.90% of the company’s stock.

Institutional Investors Weigh In On Build-A-Bear Workshop

Several hedge funds and other institutional investors have recently made changes to their positions in BBW. USA Financial Formulas acquired a new stake in shares of Build-A-Bear Workshop in the fourth quarter valued at about $27,000. Quarry LP grew its position in shares of Build-A-Bear Workshop by 346.6% in the third quarter. Quarry LP now owns 1,295 shares of the specialty retailer’s stock valued at $45,000 after purchasing an additional 1,005 shares during the last quarter. New York State Teachers Retirement System acquired a new stake in shares of Build-A-Bear Workshop in the fourth quarter valued at about $53,000. Fortitude Family Office LLC grew its position in shares of Build-A-Bear Workshop by 34.1% in 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. Finally, Tower Research Capital LLC TRC grew its position in Build-A-Bear Workshop by 494.7% during the fourth quarter. Tower Research Capital LLC TRC now owns 1,689 shares of the specialty retailer’s stock worth $78,000 after buying an additional 1,405 shares in the last quarter. 79.30% of the stock is owned by institutional investors and hedge funds.

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.