Build-A-Bear Workshop, Inc. (NYSE:BBW) Receives $64.75 Consensus Price Target from Analysts

Shares of Build-A-Bear Workshop, Inc. (NYSE:BBW) have been given an average recommendation of “Moderate Buy” by the six research firms that are currently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $64.75.

BBW has been the subject of a number of research reports. Zacks Research upgraded Build-A-Bear Workshop from a “strong sell” rating to a “hold” rating in a report on Tuesday, March 3rd. Wall Street Zen cut Build-A-Bear Workshop from a “buy” rating to a “hold” rating in a research report on Saturday, December 6th. DA Davidson decreased their price objective on Build-A-Bear Workshop from $85.00 to $70.00 and set a “buy” rating for the company in a report on Friday, December 5th. Weiss Ratings reissued a “buy (b-)” rating on shares of Build-A-Bear Workshop in a research report on Friday, March 27th. Finally, CJS Securities began coverage on Build-A-Bear Workshop in a research note on Wednesday, December 10th. They issued a “market outperform” rating and a $70.00 target price on the stock.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Kestra Advisory Services LLC bought a new stake in Build-A-Bear Workshop during the 4th quarter worth about $28,000. IFP Advisors Inc grew its holdings in shares of Build-A-Bear Workshop by 68.1% in the 3rd quarter. IFP Advisors Inc now owns 501 shares of the specialty retailer’s stock valued at $33,000 after acquiring an additional 203 shares in the last quarter. Larson Financial Group LLC grew its holdings in shares of Build-A-Bear Workshop by 453.1% in the 3rd quarter. Larson Financial Group LLC now owns 542 shares of the specialty retailer’s stock valued at $35,000 after acquiring an additional 444 shares in the last quarter. Blue Trust Inc. raised its holdings in Build-A-Bear Workshop by 163.0% during the fourth quarter. Blue Trust Inc. now owns 668 shares of the specialty retailer’s stock worth $41,000 after acquiring an additional 414 shares in the last quarter. Finally, State of Alaska Department of Revenue bought a new stake in Build-A-Bear Workshop during the third quarter worth about $45,000. Institutional investors own 79.30% of the company’s stock.

Build-A-Bear Workshop Stock Performance

Shares of BBW stock opened at $38.05 on Friday. Build-A-Bear Workshop has a 52 week low of $32.55 and a 52 week high of $75.85. The company’s 50 day moving average price is $48.19 and its two-hundred day moving average price is $55.09. The company has a market capitalization of $492.61 million, a P/E ratio of 9.54 and a beta of 1.22.

Build-A-Bear Workshop (NYSE:BBW) last issued its quarterly earnings data on Thursday, March 12th. The specialty retailer reported $1.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.27 by ($0.01). Build-A-Bear Workshop had a return on equity of 34.44% and a net margin of 9.85%.The company had revenue of $154.51 million for the quarter, compared to the consensus estimate of $155.71 million. Analysts forecast that Build-A-Bear Workshop will post 3.71 earnings per share for the current year.

Build-A-Bear Workshop Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 9th. Stockholders of record on Thursday, March 26th will be given a $0.23 dividend. This is a boost from Build-A-Bear Workshop’s previous quarterly dividend of $0.22. This represents a $0.92 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend is Thursday, March 26th. Build-A-Bear Workshop’s payout ratio is presently 23.06%.

About Build-A-Bear Workshop

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.