Brokerages expect that Buffalo Wild Wings, Inc. (NASDAQ:BWLD) will announce $1.54 earnings per share (EPS) for the current quarter, Zacks reports. Eight analysts have made estimates for Buffalo Wild Wings’ earnings, with the lowest EPS estimate coming in at $1.38 and the highest estimate coming in at $1.65. Buffalo Wild Wings posted earnings per share of $0.87 in the same quarter last year, which indicates a positive year over year growth rate of 77%. The firm is expected to report its next earnings results on Tuesday, February 6th.
On average, analysts expect that Buffalo Wild Wings will report full year earnings of $4.89 per share for the current year, with EPS estimates ranging from $4.45 to $5.11. For the next fiscal year, analysts forecast that the firm will report earnings of $5.56 per share, with EPS estimates ranging from $4.80 to $6.23. Zacks Investment Research’s earnings per share averages are an average based on a survey of sell-side research firms that cover Buffalo Wild Wings.
Buffalo Wild Wings (NASDAQ:BWLD) last issued its quarterly earnings results on Wednesday, October 25th. The restaurant operator reported $1.36 EPS for the quarter, topping the consensus estimate of $0.79 by $0.57. Buffalo Wild Wings had a net margin of 3.17% and a return on equity of 21.39%. The company had revenue of $496.70 million during the quarter, compared to analysts’ expectations of $500.97 million. During the same quarter in the previous year, the company earned $1.23 EPS. Buffalo Wild Wings’s revenue was up .5% on a year-over-year basis.
BWLD has been the subject of a number of analyst reports. Wedbush restated a “hold” rating on shares of Buffalo Wild Wings in a report on Friday, September 8th. Cowen and Company restated a “hold” rating and set a $110.00 price objective on shares of Buffalo Wild Wings in a report on Friday, September 1st. Barclays PLC decreased their price objective on shares of Buffalo Wild Wings from $177.00 to $165.00 and set an “overweight” rating for the company in a report on Wednesday, July 19th. Deutsche Bank AG restated a “buy” rating and set a $165.00 price objective (down previously from $180.00) on shares of Buffalo Wild Wings in a report on Monday, July 10th. Finally, BMO Capital Markets set a $130.00 price objective on shares of Buffalo Wild Wings and gave the company a “hold” rating in a report on Friday, October 6th. Two equities research analysts have rated the stock with a sell rating, eighteen have assigned a hold rating and seven have given a buy rating to the company. Buffalo Wild Wings currently has a consensus rating of “Hold” and an average target price of $131.57.
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. BlackRock Inc. raised its position in Buffalo Wild Wings by 21,879.4% during the first quarter. BlackRock Inc. now owns 1,722,083 shares of the restaurant operator’s stock worth $263,048,000 after acquiring an additional 1,714,248 shares in the last quarter. Vanguard Group Inc. raised its position in Buffalo Wild Wings by 0.4% during the first quarter. Vanguard Group Inc. now owns 1,409,524 shares of the restaurant operator’s stock worth $215,305,000 after acquiring an additional 6,256 shares in the last quarter. Alliancebernstein L.P. raised its position in Buffalo Wild Wings by 6.6% during the second quarter. Alliancebernstein L.P. now owns 655,269 shares of the restaurant operator’s stock worth $83,023,000 after acquiring an additional 40,406 shares in the last quarter. Koch Industries Inc. bought a new stake in Buffalo Wild Wings during the second quarter worth $618,000. Finally, Dimensional Fund Advisors LP raised its position in Buffalo Wild Wings by 3.1% during the second quarter. Dimensional Fund Advisors LP now owns 458,640 shares of the restaurant operator’s stock worth $58,111,000 after acquiring an additional 13,689 shares in the last quarter. 88.87% of the stock is currently owned by hedge funds and other institutional investors.
Buffalo Wild Wings (BWLD) opened at $116.95 on Friday. The stock has a market cap of $1,814.16, a P/E ratio of 27.01, a P/E/G ratio of 1.43 and a beta of 0.79. The company has a debt-to-equity ratio of 1.60, a quick ratio of 0.61 and a current ratio of 0.70. Buffalo Wild Wings has a 1-year low of $95.00 and a 1-year high of $175.10.
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.
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