Build-A-Bear Workshop (BBW) Stock Rating Lowered by Zacks Investment Research

Zacks Investment Research lowered shares of Build-A-Bear Workshop (NYSE:BBW) from a hold rating to a strong sell rating in a report issued on Wednesday.

According to Zacks, “Build-A-Bear Workshop is the leading and only national company providing a make your own stuffed animal interactive retail-entertainment experience. “

Separately, ValuEngine upgraded shares of Build-A-Bear Workshop from a hold rating to a buy rating in a report on Wednesday, October 24th.

NYSE:BBW opened at $5.00 on Wednesday. The firm has a market capitalization of $78.45 million, a P/E ratio of 9.43 and a beta of -0.61. Build-A-Bear Workshop has a twelve month low of $4.93 and a twelve month high of $10.45.

Build-A-Bear Workshop (NYSE:BBW) last released its quarterly earnings results on Thursday, November 29th. The specialty retailer reported ($0.42) earnings per share for the quarter, missing the consensus estimate of ($0.12) by ($0.30). The company had revenue of $68.69 million during the quarter, compared to the consensus estimate of $73.60 million. Build-A-Bear Workshop had a negative net margin of 0.66% and a negative return on equity of 0.68%. During the same quarter last year, the firm earned ($0.10) EPS. On average, equities analysts expect that Build-A-Bear Workshop will post -0.02 EPS for the current year.

Hedge funds have recently made changes to their positions in the company. Engineers Gate Manager LP bought a new stake in shares of Build-A-Bear Workshop during the 2nd quarter valued at $110,000. LSV Asset Management bought a new stake in shares of Build-A-Bear Workshop during the 2nd quarter valued at $131,000. Campbell & CO Investment Adviser LLC bought a new stake in shares of Build-A-Bear Workshop during the 3rd quarter valued at $171,000. NJ State Employees Deferred Compensation Plan bought a new stake in shares of Build-A-Bear Workshop during the 3rd quarter valued at $181,000. Finally, JPMorgan Chase & Co. boosted its holdings in shares of Build-A-Bear Workshop by 744.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 20,719 shares of the specialty retailer’s stock valued at $187,000 after buying an additional 18,265 shares in the last quarter. Hedge funds and other institutional investors own 79.00% of the company’s stock.

Build-A-Bear Workshop Company Profile

Build-A-Bear Workshop, Inc operates as a specialty retailer of plush animals and related products. The company operates through three segments: Direct-to-Consumer, International Franchising, and Commercial. Its merchandise comprises a range of styles of stuffed animals; clothing, shoes, and accessories for the stuffed animals; and other toy and novelty items.

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