Build-A-Bear Workshop (BBW) Upgraded to Buy at ValuEngine

ValuEngine upgraded shares of Build-A-Bear Workshop (NYSE:BBW) from a hold rating to a buy rating in a research report sent to investors on Wednesday, ValuEngine reports.

Separately, Zacks Investment Research raised shares of Build-A-Bear Workshop from a strong sell rating to a hold rating and set a $6.25 target price on the stock in a research report on Monday, March 18th.

NYSE:BBW opened at $5.52 on Wednesday. The company has a market cap of $82.83 million, a price-to-earnings ratio of -13.80 and a beta of 0.56. Build-A-Bear Workshop has a twelve month low of $3.75 and a twelve month high of $9.55.

Build-A-Bear Workshop (NYSE:BBW) last released its earnings results on Wednesday, March 13th. The specialty retailer reported ($0.05) earnings per share for the quarter, missing the consensus estimate of $0.35 by ($0.40). The company had revenue of $101.53 million for the quarter, compared to analysts’ expectations of $99.90 million. Build-A-Bear Workshop had a negative return on equity of 7.90% and a negative net margin of 5.33%. During the same period in the prior year, the firm posted $0.09 EPS.

In other Build-A-Bear Workshop news, major shareholder Point72 Asset Management, L.P. sold 2,050,000 shares of the business’s stock in a transaction that occurred on Thursday, March 14th. The shares were sold at an average price of $5.11, for a total transaction of $10,475,500.00. The transaction was disclosed in a filing with the SEC, which is available at this link. 8.40% of the stock is currently owned by insiders.

A number of large investors have recently added to or reduced their stakes in BBW. O Shaughnessy Asset Management LLC purchased a new stake in shares of Build-A-Bear Workshop in the 4th quarter valued at $45,000. GSA Capital Partners LLP boosted its holdings in shares of Build-A-Bear Workshop by 40.0% in the 4th quarter. GSA Capital Partners LLP now owns 16,800 shares of the specialty retailer’s stock valued at $66,000 after acquiring an additional 4,800 shares during the last quarter. Squarepoint Ops LLC purchased a new stake in shares of Build-A-Bear Workshop in the 4th quarter valued at $71,000. JPMorgan Chase & Co. boosted its holdings in shares of Build-A-Bear Workshop by 744.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 20,719 shares of the specialty retailer’s stock valued at $187,000 after acquiring an additional 18,265 shares during the last quarter. Finally, Man Group plc purchased a new stake in shares of Build-A-Bear Workshop in the 3rd quarter valued at $215,000. 76.49% of the stock is currently owned by institutional investors.

Build-A-Bear Workshop Company Profile

Build-A-Bear Workshop, Inc operates as a specialty retailer of plush animals and related products. The company operates through three segments: Direct-to-Consumer, International Franchising, and Commercial. Its merchandise comprises a range of styles of stuffed animals; clothing, shoes, and accessories for the stuffed animals; and other toy and novelty items.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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