Q3 2017 EPS Estimates for Buffalo Wild Wings, Inc. Decreased by Oppenheimer Holdings (BWLD)

Buffalo Wild Wings, Inc. (NASDAQ:BWLD) – Investment analysts at Oppenheimer Holdings dropped their Q3 2017 earnings per share (EPS) estimates for shares of Buffalo Wild Wings in a research report issued to clients and investors on Thursday. Oppenheimer Holdings analyst B. Bittner now expects that the restaurant operator will post earnings per share of $0.78 for the quarter, down from their previous estimate of $1.03. Oppenheimer Holdings currently has a “Outperform” rating and a $135.00 target price on the stock. Oppenheimer Holdings also issued estimates for Buffalo Wild Wings’ Q4 2017 earnings at $1.39 EPS, FY2017 earnings at $4.28 EPS and FY2018 earnings at $5.56 EPS.

Buffalo Wild Wings (NASDAQ:BWLD) last posted its quarterly earnings results on Wednesday, July 26th. The restaurant operator reported $0.66 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.01 by $0.35. Buffalo Wild Wings had a return on equity of 17.14% and a net margin of 3.39%. The company had revenue of $500 million for the quarter, compared to analyst estimates of $512.68 million. During the same period last year, the company earned $1.27 earnings per share. The business’s revenue for the quarter was up 2.0% compared to the same quarter last year.

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Other equities research analysts have also recently issued reports about the stock. UBS AG set a $185.00 price objective on shares of Buffalo Wild Wings and gave the company a “buy” rating in a research note on Thursday, April 27th. Deutsche Bank AG set a $180.00 price objective on shares of Buffalo Wild Wings and gave the company a “buy” rating in a research note on Sunday, May 28th. Maxim Group restated a “hold” rating and set a $170.00 price objective (up from $145.00) on shares of Buffalo Wild Wings in a research note on Thursday, April 20th. Wells Fargo & Company restated a “market perform” rating and set a $145.00 price objective (up from $134.50) on shares of Buffalo Wild Wings in a research note on Saturday, April 22nd. Finally, BMO Capital Markets restated a “market perform” rating and set a $150.00 price objective (down from $155.00) on shares of Buffalo Wild Wings in a research note on Monday, June 5th. Two research analysts have rated the stock with a sell rating, eighteen have assigned a hold rating and seven have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $141.78.

Buffalo Wild Wings (NASDAQ:BWLD) opened at 107.50 on Monday. The firm has a market capitalization of $1.67 billion, a PE ratio of 27.23 and a beta of 0.89. The stock’s 50 day moving average is $126.47 and its 200-day moving average is $146.46. Buffalo Wild Wings has a 1-year low of $105.10 and a 1-year high of $175.10.

A number of institutional investors have recently modified their holdings of BWLD. Tyers Asset Management LLC boosted its position in shares of Buffalo Wild Wings by 6.3% in the first quarter. Tyers Asset Management LLC now owns 748 shares of the restaurant operator’s stock worth $114,000 after buying an additional 44 shares in the last quarter. Public Employees Retirement System of Ohio boosted its position in shares of Buffalo Wild Wings by 10.9% in the first quarter. Public Employees Retirement System of Ohio now owns 765 shares of the restaurant operator’s stock worth $117,000 after buying an additional 75 shares in the last quarter. FNY Managed Accounts LLC bought a new position in shares of Buffalo Wild Wings during the first quarter worth $130,000. Flinton Capital Management LLC boosted its position in shares of Buffalo Wild Wings by 6.3% in the first quarter. Flinton Capital Management LLC now owns 952 shares of the restaurant operator’s stock worth $146,000 after buying an additional 56 shares in the last quarter. Finally, Neuburgh Advisers LLC boosted its position in shares of Buffalo Wild Wings by 6.3% in the first quarter. Neuburgh Advisers LLC now owns 1,156 shares of the restaurant operator’s stock worth $177,000 after buying an additional 68 shares in the last quarter. 90.42% of the stock is currently owned by hedge funds and other institutional investors.

Buffalo Wild Wings Company Profile

Buffalo Wild Wings, Inc is the owner, operator and franchisor of restaurants. As of December 25, 2016, the Company’s made-to-order menu items included 16 sauces and five seasonings, ranging from Sweet BBQ to Blazin. The Company’s restaurants offer 20 to 40 domestic and imported beers on tap, including craft brews, and a selection of bottled beers, wines and liquor.

Earnings History and Estimates for Buffalo Wild Wings (NASDAQ:BWLD)

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