Build-A-Bear Workshop, Inc. (NYSE:BBW) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Shares of Build-A-Bear Workshop, Inc. (NYSE:BBW) have been assigned a consensus rating of “Moderate Buy” from the five ratings firms that are covering the firm, Marketbeat Ratings reports. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average twelve-month target price among brokers that have covered the stock in the last year is $70.00.

Several equities research analysts have weighed in on the stock. Weiss Ratings cut shares of Build-A-Bear Workshop from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, May 20th. DA Davidson restated a “buy” rating and issued a $60.00 price objective on shares of Build-A-Bear Workshop in a research report on Friday, May 29th.

Insider Transactions at Build-A-Bear Workshop

In related news, Director George Carrara sold 3,000 shares of the business’s stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $34.52, for a total transaction of $103,560.00. Following the transaction, the director owned 11,277 shares in the company, valued at $389,282.04. The trade was a 21.01% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 4.00% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Build-A-Bear Workshop

Large investors have recently made changes to their positions in the business. Militia Capital Management LLC purchased a new position in shares of Build-A-Bear Workshop during the first quarter valued at approximately $303,000. Bank of America Corp DE boosted its holdings in Build-A-Bear Workshop by 14.1% in the first quarter. Bank of America Corp DE now owns 133,398 shares of the specialty retailer’s stock valued at $4,996,000 after acquiring an additional 16,453 shares in the last quarter. Janus Henderson Group PLC bought a new stake in Build-A-Bear Workshop in the first quarter valued at $240,000. Royal Bank of Canada increased its position in Build-A-Bear Workshop by 316.3% during the 1st quarter. Royal Bank of Canada now owns 4,259 shares of the specialty retailer’s stock valued at $159,000 after purchasing an additional 3,236 shares during the period. Finally, Caxton Associates LLP purchased a new position in Build-A-Bear Workshop during the 1st quarter valued at $239,000. 79.30% of the stock is currently owned by institutional investors.

Build-A-Bear Workshop Stock Performance

Shares of BBW stock opened at $35.48 on Thursday. Build-A-Bear Workshop has a fifty-two week low of $29.35 and a fifty-two week high of $75.85. The stock has a 50 day moving average price of $33.64 and a two-hundred day moving average price of $42.06. The company has a market capitalization of $444.96 million, a P/E ratio of 8.31 and a beta of 1.09.

Build-A-Bear Workshop (NYSE:BBW) last issued its earnings results on Thursday, May 28th. The specialty retailer reported $1.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.76 by $0.27. Build-A-Bear Workshop had a net margin of 10.48% and a return on equity of 32.15%. The firm had revenue of $125.27 million for the quarter, compared to analysts’ expectations of $129.45 million. As a group, equities analysts predict that Build-A-Bear Workshop will post 4.04 earnings per share for the current year.

Build-A-Bear Workshop Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, July 9th. Investors of record on Thursday, June 25th were paid a $0.23 dividend. The ex-dividend date of this dividend was Thursday, June 25th. This represents a $0.92 annualized dividend and a dividend yield of 2.6%. Build-A-Bear Workshop’s dividend payout ratio (DPR) is presently 21.55%.

Build-A-Bear Workshop Company Profile

Build-A-Bear Workshop, Inc operates a specialty retail business focused on interactive “workshop” experiences that allow customers to create customized stuffed animals. Through its in-store and online platforms, the company offers a wide range of plush toys, apparel, accessories and sound modules, enabling guests to personalize each creation. In addition to its core bear products, Build-A-Bear has expanded its portfolio to include licensed characters from leading entertainment and media franchises.

Founded in 1997 by Maxine Clark and headquartered in St.