Brokers Offer Predictions for Build-A-Bear Workshop, Inc.’s FY2018 Earnings (BBW)

Build-A-Bear Workshop, Inc. (NYSE:BBW) – Analysts at Dougherty & Co issued their FY2018 earnings per share (EPS) estimates for shares of Build-A-Bear Workshop in a report issued on Monday. Dougherty & Co analyst J. Hamblin anticipates that the specialty retailer will earn $0.51 per share for the year. Dougherty & Co currently has a “Neutral” rating on the stock.

BBW has been the topic of a number of other research reports. Jefferies Group LLC began coverage on Build-A-Bear Workshop in a research report on Wednesday, September 13th. They issued a “buy” rating and a $12.00 price target on the stock. Zacks Investment Research upgraded Build-A-Bear Workshop from a “hold” rating to a “buy” rating and set a $10.00 price target on the stock in a research report on Friday, September 15th. Four research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Build-A-Bear Workshop has an average rating of “Hold” and a consensus price target of $11.67.

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Build-A-Bear Workshop (NYSE:BBW) last issued its earnings results on Thursday, October 26th. The specialty retailer reported $0.09 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.10 by ($0.01). Build-A-Bear Workshop had a net margin of 0.83% and a return on equity of 6.38%. The firm had revenue of $82.40 million during the quarter, compared to analyst estimates of $85.61 million. During the same quarter in the prior year, the firm posted $0.11 EPS. The firm’s revenue for the quarter was down 1.6% on a year-over-year basis.

A number of large investors have recently added to or reduced their stakes in BBW. Bank of New York Mellon Corp boosted its stake in Build-A-Bear Workshop by 4.8% in the first quarter. Bank of New York Mellon Corp now owns 70,023 shares of the specialty retailer’s stock valued at $620,000 after buying an additional 3,229 shares in the last quarter. TIAA CREF Investment Management LLC boosted its stake in Build-A-Bear Workshop by 1.4% in the first quarter. TIAA CREF Investment Management LLC now owns 36,500 shares of the specialty retailer’s stock valued at $323,000 after buying an additional 488 shares in the last quarter. California Public Employees Retirement System boosted its stake in Build-A-Bear Workshop by 15.5% in the first quarter. California Public Employees Retirement System now owns 97,100 shares of the specialty retailer’s stock valued at $859,000 after buying an additional 13,000 shares in the last quarter. Geode Capital Management LLC boosted its stake in Build-A-Bear Workshop by 3.6% in the first quarter. Geode Capital Management LLC now owns 99,140 shares of the specialty retailer’s stock valued at $877,000 after buying an additional 3,422 shares in the last quarter. Finally, Strs Ohio boosted its stake in Build-A-Bear Workshop by 6.1% in the second quarter. Strs Ohio now owns 39,900 shares of the specialty retailer’s stock valued at $416,000 after buying an additional 2,300 shares in the last quarter. 69.44% of the stock is currently owned by institutional investors and hedge funds.

In related news, Director Braden Michael Leonard sold 27,000 shares of the firm’s stock in a transaction dated Friday, September 29th. The stock was sold at an average price of $9.21, for a total value of $248,670.00. Following the sale, the director now directly owns 142,043 shares of the company’s stock, valued at $1,308,216.03. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, major shareholder Point72 Asset Management, L.P. acquired 10,000 shares of Build-A-Bear Workshop stock in a transaction that occurred on Wednesday, August 23rd. The stock was acquired at an average cost of $8.51 per share, for a total transaction of $85,100.00. The disclosure for this purchase can be found here. In the last 90 days, insiders purchased 61,000 shares of company stock worth $537,110 and sold 177,000 shares worth $1,599,746. 17.50% of the stock is currently owned by company insiders.

Build-A-Bear Workshop announced that its board has authorized a stock repurchase plan on Monday, August 21st that allows the company to repurchase $20.00 million in outstanding shares. This repurchase authorization allows the specialty retailer to purchase shares of its stock through open market purchases. Shares repurchase plans are typically a sign that the company’s leadership believes its stock is undervalued.

Build-A-Bear Workshop Company Profile

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.

Earnings History and Estimates for Build-A-Bear Workshop (NYSE:BBW)

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