Buffalo Wild Wings, Inc. (NASDAQ:BWLD) had its price target decreased by Barclays PLC from $144.00 to $128.00 in a note issued to investors on Wednesday, October 18th. The firm presently has an “overweight” rating on the restaurant operator’s stock. Barclays PLC’s price target would suggest a potential upside of 5.83% from the stock’s current price.
BWLD has been the subject of several other reports. UBS AG reiterated a “buy” rating and set a $175.00 target price on shares of Buffalo Wild Wings in a research report on Monday, July 10th. Stephens reiterated an “equal weight” rating and set a $145.00 target price on shares of Buffalo Wild Wings in a research report on Wednesday, July 26th. Zacks Investment Research upgraded Buffalo Wild Wings from a “strong sell” rating to a “hold” rating in a research report on Tuesday, September 26th. Cowen and Company restated a “market perform” rating and issued a $110.00 price objective on shares of Buffalo Wild Wings in a report on Wednesday, September 20th. Finally, Oppenheimer Holdings, Inc. restated a “buy” rating and issued a $135.00 price objective on shares of Buffalo Wild Wings in a report on Wednesday, October 11th. Two investment analysts have rated the stock with a sell rating, eighteen have given a hold rating and seven have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $131.57.
Shares of Buffalo Wild Wings (NASDAQ BWLD) traded up 5.25% on Wednesday, hitting $127.30. 1,075,205 shares of the company’s stock were exchanged. The firm has a market cap of $1.97 billion, a P/E ratio of 32.24 and a beta of 0.83. The stock’s 50 day moving average is $104.29 and its 200 day moving average is $126.03. Buffalo Wild Wings has a 12 month low of $95.00 and a 12 month high of $175.10.
Buffalo Wild Wings (NASDAQ:BWLD) last posted its quarterly earnings data on Wednesday, October 25th. The restaurant operator reported $1.36 EPS for the quarter, topping the consensus estimate of $0.79 by $0.57. Buffalo Wild Wings had a net margin of 3.17% and a return on equity of 19.92%. The company had revenue of $496.70 million during the quarter, compared to analyst estimates of $500.97 million. During the same period in the previous year, the firm earned $1.23 earnings per share. Buffalo Wild Wings’s quarterly revenue was up .5% compared to the same quarter last year. On average, equities analysts predict that Buffalo Wild Wings will post $4.41 earnings per share for the current year.
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In other news, Director International Master F. Marcato acquired 9,100 shares of Buffalo Wild Wings stock in a transaction that occurred on Tuesday, August 1st. The stock was purchased at an average cost of $109.71 per share, with a total value of $998,361.00. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. 1.19% of the stock is currently owned by corporate insiders.
Large investors have recently modified their holdings of the business. Public Employees Retirement System of Ohio grew its holdings in Buffalo Wild Wings by 10.9% in the 1st quarter. Public Employees Retirement System of Ohio now owns 765 shares of the restaurant operator’s stock valued at $117,000 after buying an additional 75 shares in the last quarter. FNY Managed Accounts LLC purchased a new position in shares of Buffalo Wild Wings during the 1st quarter worth $130,000. Riverhead Capital Management LLC grew its holdings in shares of Buffalo Wild Wings by 95.6% during the 2nd quarter. Riverhead Capital Management LLC now owns 1,565 shares of the restaurant operator’s stock worth $198,000 after purchasing an additional 765 shares during the period. LS Investment Advisors LLC grew its holdings in shares of Buffalo Wild Wings by 9.1% during the 2nd quarter. LS Investment Advisors LLC now owns 1,577 shares of the restaurant operator’s stock worth $200,000 after purchasing an additional 131 shares during the period. Finally, Flinton Capital Management LLC grew its holdings in shares of Buffalo Wild Wings by 73.5% during the 2nd quarter. Flinton Capital Management LLC now owns 1,652 shares of the restaurant operator’s stock worth $209,000 after purchasing an additional 700 shares during the period. Institutional investors own 88.13% of the company’s stock.
Buffalo Wild Wings Company Profile
Buffalo Wild Wings, Inc is the owner, operator and franchisor of restaurants. As of December 25, 2016, the Company’s made-to-order menu items included 16 sauces and five seasonings, ranging from Sweet BBQ to Blazin. The Company’s restaurants offer 20 to 40 domestic and imported beers on tap, including craft brews, and a selection of bottled beers, wines and liquor.
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