Analysts Set Build-A-Bear Workshop, Inc. (NYSE:BBW) Target Price at $70.00

Build-A-Bear Workshop, Inc. (NYSE:BBW) has earned an average rating of “Moderate Buy” from the five research firms that are currently covering the company, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $70.00.

Several research firms recently issued reports on BBW. DA Davidson reissued a “buy” rating and issued a $60.00 target price on shares of Build-A-Bear Workshop in a research note on Friday, May 29th. Zacks Research raised Build-A-Bear Workshop from a “strong sell” rating to a “hold” rating in a research note on Tuesday, March 3rd. Finally, Weiss Ratings cut Build-A-Bear Workshop from a “hold (c+)” rating to a “hold (c)” rating in a research note on Wednesday, May 20th.

Insider Activity

In related news, Director George Carrara sold 3,000 shares of the firm’s stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $34.52, for a total value of $103,560.00. Following the sale, the director directly owned 11,277 shares of the company’s stock, valued at $389,282.04. This trade represents a 21.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 5.80% of the stock is owned by insiders.

Institutional Trading of Build-A-Bear Workshop

Institutional investors and hedge funds have recently bought and sold shares of the stock. Fuller & Thaler Asset Management Inc. raised its position in shares of Build-A-Bear Workshop by 177.8% in the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 612,577 shares of the specialty retailer’s stock worth $37,533,000 after acquiring an additional 392,039 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its position in shares of Build-A-Bear Workshop by 129.1% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 374,756 shares of the specialty retailer’s stock valued at $22,963,000 after purchasing an additional 211,145 shares in the last quarter. Pillsbury Lake Capital LLC bought a new stake in shares of Build-A-Bear Workshop during the fourth quarter valued at approximately $12,887,000. Meros Investment Management LP bought a new stake in shares of Build-A-Bear Workshop during the fourth quarter valued at approximately $9,004,000. Finally, Jefferies Financial Group Inc. bought a new stake in shares of Build-A-Bear Workshop during the fourth quarter valued at approximately $6,586,000. 79.30% of the stock is currently owned by hedge funds and other institutional investors.

Build-A-Bear Workshop Price Performance

NYSE BBW opened at $32.16 on Wednesday. The stock has a market capitalization of $404.59 million, a PE ratio of 7.53 and a beta of 1.07. Build-A-Bear Workshop has a 1 year low of $32.05 and a 1 year high of $75.85. The business’s 50-day moving average is $36.84 and its 200 day moving average is $47.55.

Build-A-Bear Workshop (NYSE:BBW) last posted 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. The company had revenue of $125.27 million for the quarter, compared to analysts’ expectations of $129.45 million. Build-A-Bear Workshop had a return on equity of 32.43% and a net margin of 10.48%. As a group, equities research analysts anticipate 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 will be paid on Thursday, July 9th. Investors of record on Thursday, June 25th will be paid a $0.23 dividend. The ex-dividend date of this dividend is Thursday, June 25th. This represents a $0.92 annualized dividend and a dividend yield of 2.9%. 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.