Build-A-Bear Workshop (NYSE:BBW) Downgraded to Hold Rating by StockNews.com

Build-A-Bear Workshop (NYSE:BBW) was downgraded by equities researchers at StockNews.com from a “buy” rating to a “hold” rating in a research report issued on Wednesday.

A number of other brokerages have also recently weighed in on BBW. DA Davidson lifted their price objective on Build-A-Bear Workshop from $40.00 to $50.00 and gave the company a “buy” rating in a research note on Friday, December 6th. Northland Securities lifted their price objective on Build-A-Bear Workshop from $38.00 to $55.00 and gave the company an “outperform” rating in a research note on Friday, December 6th.

Build-A-Bear Workshop Stock Down 3.6 %

BBW stock opened at $39.55 on Wednesday. The business has a fifty day moving average of $41.36 and a two-hundred day moving average of $37.88. The stock has a market cap of $531.50 million, a price-to-earnings ratio of 10.52 and a beta of 1.50. Build-A-Bear Workshop has a 52-week low of $23.49 and a 52-week high of $48.23.

Build-A-Bear Workshop (NYSE:BBW) last posted its earnings results on Thursday, December 5th. The specialty retailer reported $0.73 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.70 by $0.03. Build-A-Bear Workshop had a return on equity of 38.35% and a net margin of 10.58%. During the same quarter in the previous year, the business earned $0.53 earnings per share. As a group, sell-side analysts anticipate that Build-A-Bear Workshop will post 3.71 EPS for the current year.

Insider Activity

In related news, Director Lesli Rotenberg sold 2,473 shares of the business’s stock in a transaction on Monday, December 9th. The stock was sold at an average price of $41.10, for a total transaction of $101,640.30. Following the completion of the transaction, the director now directly owns 11,724 shares of the company’s stock, valued at $481,856.40. The trade was a 17.42 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Sharon Price John sold 68,859 shares of the business’s stock in a transaction on Tuesday, January 7th. The stock was sold at an average price of $46.06, for a total value of $3,171,645.54. Following the transaction, the chief executive officer now directly owns 347,820 shares of the company’s stock, valued at $16,020,589.20. The trade was a 16.53 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 175,713 shares of company stock valued at $7,580,622. 7.90% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. USA Financial Formulas acquired a new position in Build-A-Bear Workshop during the 4th quarter worth $27,000. Quarry LP lifted its holdings in Build-A-Bear Workshop by 346.6% during the 3rd quarter. Quarry LP now owns 1,295 shares of the specialty retailer’s stock worth $45,000 after buying an additional 1,005 shares during the last quarter. New York State Teachers Retirement System purchased a new stake in Build-A-Bear Workshop during the 4th quarter worth about $53,000. Fortitude Family Office LLC lifted its holdings in Build-A-Bear Workshop by 34.1% during the 4th quarter. Fortitude Family Office LLC now owns 1,480 shares of the specialty retailer’s stock worth $68,000 after buying an additional 376 shares during the last quarter. Finally, Tower Research Capital LLC TRC lifted its holdings in Build-A-Bear Workshop by 494.7% during the 4th quarter. Tower Research Capital LLC TRC now owns 1,689 shares of the specialty retailer’s stock worth $78,000 after buying an additional 1,405 shares during the last quarter. 79.30% of the stock is owned by institutional investors and hedge funds.

Build-A-Bear Workshop Company Profile

Build-A-Bear Workshop, Inc operates as a multi-channel retailer of plush animals and related products in the United States, Canada, the United Kingdom, Ireland, and internationally. The company operates through three segments: Direct-to-Consumer, Commercial, and International Franchising. Its merchandise comprises various styles of plush products to be stuffed, pre-stuffed plush products, and sounds and scents that can be added to the stuffed animals, as well as range of clothing, shoes and accessories, and other toy and novelty items, including family sleepwear.