Build-A-Bear Workshop (NYSE:BBW) Trading Down 9.1% – What’s Next?

Build-A-Bear Workshop, Inc. (NYSE:BBW)’s stock price fell 9.1% during mid-day trading on Wednesday . The company traded as low as $41.93 and last traded at $42.07. 126,527 shares traded hands during mid-day trading, a decline of 56% from the average session volume of 285,376 shares. The stock had previously closed at $46.28.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on BBW. Northland Securities raised their target price on shares of 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. StockNews.com upgraded shares of Build-A-Bear Workshop from a “hold” rating to a “buy” rating in a research note on Thursday, December 19th. Finally, DA Davidson increased their price target on shares of Build-A-Bear Workshop from $40.00 to $50.00 and gave the company a “buy” rating in a report on Friday, December 6th.

Build-A-Bear Workshop Trading Down 1.4 %

The business’s fifty day simple moving average is $41.01 and its two-hundred day simple moving average is $33.85. The stock has a market capitalization of $563.00 million, a P/E ratio of 11.14 and a beta of 1.49.

Build-A-Bear Workshop (NYSE:BBW) last issued its quarterly earnings results on Thursday, December 5th. The specialty retailer reported $0.73 earnings per share for the quarter, beating analysts’ consensus estimates of $0.70 by $0.03. Build-A-Bear Workshop had a net margin of 10.58% and a return on equity of 38.40%. During the same period in the prior year, the firm posted $0.53 earnings per share. On average, equities research analysts anticipate that Build-A-Bear Workshop, Inc. will post 3.71 earnings per share for the current year.

Build-A-Bear Workshop Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Wednesday, November 27th were issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.91%. The ex-dividend date of this dividend was Wednesday, November 27th. Build-A-Bear Workshop’s payout ratio is 21.28%.

Insider Buying and Selling

In other Build-A-Bear Workshop news, Director George Carrara sold 2,500 shares of the firm’s stock in a transaction dated Tuesday, October 15th. The shares were sold at an average price of $36.27, for a total value of $90,675.00. Following the completion of the sale, the director now owns 18,421 shares in the company, valued at approximately $668,129.67. This trade represents a 11.95 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Sharon Price John sold 68,859 shares of the firm’s stock in a transaction dated Tuesday, January 7th. The shares were sold at an average price of $46.06, for a total transaction of $3,171,645.54. Following the completion of the sale, the chief executive officer now owns 347,820 shares of the company’s stock, valued at $16,020,589.20. The trade was a 16.53 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 139,368 shares of company stock worth $6,100,345 in the last quarter. 7.90% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Koss Olinger Consulting LLC lifted its stake in Build-A-Bear Workshop by 1.3% in the third quarter. Koss Olinger Consulting LLC now owns 20,186 shares of the specialty retailer’s stock valued at $694,000 after buying an additional 259 shares in the last quarter. Fortitude Family Office LLC lifted its stake in Build-A-Bear Workshop by 34.1% in the fourth quarter. Fortitude Family Office LLC now owns 1,480 shares of the specialty retailer’s stock valued at $68,000 after buying an additional 376 shares in the last quarter. OneDigital Investment Advisors LLC lifted its stake in Build-A-Bear Workshop by 1.9% in the third quarter. OneDigital Investment Advisors LLC now owns 22,397 shares of the specialty retailer’s stock valued at $770,000 after buying an additional 408 shares in the last quarter. SkyView Investment Advisors LLC lifted its stake in Build-A-Bear Workshop by 2.4% in the third quarter. SkyView Investment Advisors LLC now owns 31,695 shares of the specialty retailer’s stock valued at $1,089,000 after buying an additional 734 shares in the last quarter. Finally, Janney Montgomery Scott LLC lifted its stake in Build-A-Bear Workshop by 3.3% in the third quarter. Janney Montgomery Scott LLC now owns 23,483 shares of the specialty retailer’s stock valued at $807,000 after buying an additional 754 shares in the last quarter. Institutional investors own 79.30% of the company’s stock.

About Build-A-Bear Workshop

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.