Buffalo Wild Wings (BWLD) Expected to Post Earnings of $1.56 Per Share

Equities research analysts expect Buffalo Wild Wings (NASDAQ:BWLD) to report earnings per share (EPS) of $1.56 for the current quarter, Zacks Investment Research reports. Eight analysts have made estimates for Buffalo Wild Wings’ earnings. The lowest EPS estimate is $1.38 and the highest is $1.70. Buffalo Wild Wings posted earnings of $0.87 per share during the same quarter last year, which suggests a positive year-over-year growth rate of 79.3%. The company is expected to report its next earnings report on Tuesday, February 6th.

According to Zacks, analysts expect that Buffalo Wild Wings will report full year earnings of $4.99 per share for the current financial year, with EPS estimates ranging from $4.85 to $5.12. For the next financial year, analysts anticipate that the company will report earnings of $5.58 per share, with EPS estimates ranging from $4.80 to $6.65. Zacks Investment Research’s EPS averages are a mean average based on a survey of research firms that follow Buffalo Wild Wings.

Buffalo Wild Wings (NASDAQ:BWLD) last posted its quarterly earnings data on Wednesday, October 25th. The restaurant operator reported $1.36 EPS for the quarter, topping the Zacks’ consensus estimate of $0.79 by $0.57. The company had revenue of $496.70 million for the quarter, compared to analyst estimates of $500.97 million. Buffalo Wild Wings had a return on equity of 21.39% and a net margin of 3.17%. The firm’s quarterly revenue was up .5% on a year-over-year basis. During the same period in the previous year, the firm earned $1.23 earnings per share.

A number of equities analysts recently commented on the company. BidaskClub lowered Buffalo Wild Wings from a “hold” rating to a “sell” rating in a research note on Saturday, January 6th. Zacks Investment Research lowered Buffalo Wild Wings from a “hold” rating to a “sell” rating in a research note on Tuesday, January 2nd. Dougherty & Co lowered Buffalo Wild Wings from a “buy” rating to a “neutral” rating in a research note on Friday, December 1st. Guggenheim lowered Buffalo Wild Wings from a “buy” rating to a “neutral” rating in a research note on Wednesday, November 29th. Finally, Mizuho set a $157.00 price objective on Buffalo Wild Wings and gave the stock a “hold” rating in a research note on Tuesday, November 28th. Three analysts have rated the stock with a sell rating, twenty-three have given a hold rating and three have issued a buy rating to the stock. Buffalo Wild Wings has an average rating of “Hold” and an average price target of $144.67.

In other news, Director Marcato Capital Management Lp sold 200,094 shares of the business’s stock in a transaction that occurred on Tuesday, November 28th. The stock was sold at an average price of $155.54, for a total transaction of $31,122,620.76. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director International Master F. Marcato sold 987,284 shares of the business’s stock in a transaction that occurred on Thursday, November 30th. The shares were sold at an average price of $155.57, for a total value of $153,591,771.88. The disclosure for this sale can be found here. 1.19% of the stock is currently owned by insiders.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Public Employees Retirement System of Ohio increased its holdings in shares of Buffalo Wild Wings by 10.1% during the second quarter. Public Employees Retirement System of Ohio now owns 842 shares of the restaurant operator’s stock valued at $107,000 after acquiring an additional 77 shares in the last quarter. Macquarie Group Ltd. bought a new stake in shares of Buffalo Wild Wings during the third quarter valued at approximately $148,000. Riverhead Capital Management LLC increased its holdings in shares of Buffalo Wild Wings by 95.6% during the second quarter. Riverhead Capital Management LLC now owns 1,565 shares of the restaurant operator’s stock valued at $198,000 after acquiring an additional 765 shares in the last quarter. Flinton Capital Management LLC increased its holdings in shares of Buffalo Wild Wings by 73.5% during the second quarter. Flinton Capital Management LLC now owns 1,652 shares of the restaurant operator’s stock valued at $209,000 after acquiring an additional 700 shares in the last quarter. Finally, GSA Capital Partners LLP bought a new stake in Buffalo Wild Wings during the second quarter worth $296,000. Hedge funds and other institutional investors own 91.92% of the company’s stock.

Buffalo Wild Wings (NASDAQ:BWLD) opened at $156.75 on Friday. The company has a quick ratio of 0.61, a current ratio of 0.70 and a debt-to-equity ratio of 1.60. The company has a market capitalization of $2,430.00, a P/E ratio of 40.82, a P/E/G ratio of 1.72 and a beta of 0.90. Buffalo Wild Wings has a 12 month low of $95.00 and a 12 month high of $165.70.

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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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