Wall Street analysts expect Build-A-Bear Workshop, Inc (NYSE:BBW) to post earnings of $0.35 per share for the current quarter, according to Zacks. Zero analysts have made estimates for Build-A-Bear Workshop’s earnings, with estimates ranging from $0.32 to $0.39. Build-A-Bear Workshop posted earnings per share of $0.31 in the same quarter last year, which suggests a positive year-over-year growth rate of 12.9%. The firm is scheduled to report its next quarterly earnings results on Thursday, February 15th.
According to Zacks, analysts expect that Build-A-Bear Workshop will report full year earnings of $0.51 per share for the current year, with EPS estimates ranging from $0.46 to $0.56. For the next financial year, analysts expect that the firm will report earnings of $0.57 per share, with EPS estimates ranging from $0.51 to $0.67. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side analysts that cover Build-A-Bear Workshop.
Build-A-Bear Workshop (NYSE:BBW) last posted its quarterly earnings results on Thursday, October 26th. The specialty retailer reported $0.09 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.10 by ($0.01). The firm had revenue of $82.40 million for the quarter, compared to analyst estimates of $85.61 million. Build-A-Bear Workshop had a net margin of 0.83% and a return on equity of 6.33%. The business’s revenue was down 1.6% on a year-over-year basis. During the same period in the prior year, the company posted $0.11 earnings per share.
BBW has been the topic of several research reports. Zacks Investment Research raised 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. Jefferies Group initiated coverage on Build-A-Bear Workshop in a research report on Wednesday, September 13th. They set a “buy” rating and a $12.00 price target on the stock. Finally, Dougherty & Co lowered Build-A-Bear Workshop from a “buy” rating to a “neutral” rating in a research report on Friday, October 27th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $11.67.
Build-A-Bear Workshop (BBW) traded up $0.10 during mid-day trading on Friday, hitting $8.15. The company had a trading volume of 269,493 shares, compared to its average volume of 221,386. The firm has a market cap of $128.14, a price-to-earnings ratio of 42.89, a P/E/G ratio of 0.90 and a beta of -0.17. Build-A-Bear Workshop has a twelve month low of $7.25 and a twelve month high of $14.00.
In related news, major shareholder Point72 Asset Management, L.P. acquired 10,300 shares of the stock in a transaction that occurred on Wednesday, November 8th. The stock was purchased at an average cost of $7.36 per share, for a total transaction of $75,808.00. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. Over the last 90 days, insiders have purchased 415,300 shares of company stock valued at $3,758,658. 17.50% of the stock is owned by company insiders.
A number of institutional investors and hedge funds have recently modified their holdings of the stock. Point72 Asset Management L.P. grew its stake in Build-A-Bear Workshop by 2.1% during the 3rd quarter. Point72 Asset Management L.P. now owns 2,534,676 shares of the specialty retailer’s stock worth $23,192,000 after buying an additional 51,000 shares during the last quarter. PEAK6 Investments L.P. bought a new position in Build-A-Bear Workshop during the 3rd quarter worth $134,000. Trexquant Investment LP grew its stake in Build-A-Bear Workshop by 72.5% during the 3rd quarter. Trexquant Investment LP now owns 25,366 shares of the specialty retailer’s stock worth $232,000 after buying an additional 10,662 shares during the last quarter. Macquarie Group Ltd. bought a new position in Build-A-Bear Workshop during the 3rd quarter worth $291,000. Finally, New York State Common Retirement Fund grew its stake in Build-A-Bear Workshop by 980.8% during the 3rd quarter. New York State Common Retirement Fund now owns 151,306 shares of the specialty retailer’s stock worth $1,384,000 after buying an additional 137,306 shares during the last quarter. Hedge funds and other institutional investors own 70.60% of the company’s stock.
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About Build-A-Bear Workshop
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.
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