Shares of Buffalo Wild Wings, Inc. (NASDAQ:BWLD) have received a consensus rating of “Hold” from the twenty-seven analysts that are covering the company, MarketBeat reports. Two analysts have rated the stock with a sell rating, eighteen have given a hold rating and six have assigned a buy rating to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $136.74.
BWLD has been the subject of a number of analyst reports. UBS AG set a $140.00 price objective on Buffalo Wild Wings and gave the company a “buy” rating in a report on Wednesday, October 11th. Oppenheimer Holdings, Inc. reissued a “buy” rating and set a $135.00 price objective on shares of Buffalo Wild Wings in a report on Wednesday, October 11th. Wedbush reissued a “hold” rating on shares of Buffalo Wild Wings in a report on Friday, September 8th. Deutsche Bank AG reissued a “buy” rating and set a $145.00 price objective (down from $165.00) on shares of Buffalo Wild Wings in a report on Thursday, July 27th. Finally, Cowen and Company reissued a “market perform” rating and set a $110.00 price objective (down from $150.00) on shares of Buffalo Wild Wings in a report on Thursday, July 27th.
In related news, Director International Master F. Marcato bought 9,100 shares of Buffalo Wild Wings stock in a transaction on Tuesday, August 1st. The shares were purchased at an average price of $109.71 per share, for a total transaction of $998,361.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 1.19% of the stock is currently owned by company insiders.
Institutional investors and hedge funds have recently modified their holdings of the business. Public Employees Retirement System of Ohio boosted its holdings in Buffalo Wild Wings by 10.1% during the second quarter. Public Employees Retirement System of Ohio now owns 842 shares of the restaurant operator’s stock worth $107,000 after buying an additional 77 shares during the last quarter. FNY Managed Accounts LLC bought a new position in Buffalo Wild Wings during the first quarter worth about $130,000. Riverhead Capital Management LLC boosted its holdings in Buffalo Wild Wings by 95.6% during the second quarter. Riverhead Capital Management LLC now owns 1,565 shares of the restaurant operator’s stock worth $198,000 after buying an additional 765 shares during the last quarter. LS Investment Advisors LLC boosted its holdings in Buffalo Wild Wings by 9.1% during the second quarter. LS Investment Advisors LLC now owns 1,577 shares of the restaurant operator’s stock worth $200,000 after buying an additional 131 shares during the last quarter. Finally, Flinton Capital Management LLC boosted its holdings in Buffalo Wild Wings by 73.5% during the second quarter. Flinton Capital Management LLC now owns 1,652 shares of the restaurant operator’s stock worth $209,000 after buying an additional 700 shares during the last quarter. Hedge funds and other institutional investors own 88.18% of the company’s stock.
Buffalo Wild Wings (NASDAQ BWLD) opened at 106.50 on Wednesday. The stock’s 50 day moving average is $103.57 and its 200 day moving average is $128.55. Buffalo Wild Wings has a 52-week low of $95.00 and a 52-week high of $175.10. The company has a market cap of $1.65 billion, a price-to-earnings ratio of 26.98 and a beta of 0.83.
Buffalo Wild Wings (NASDAQ:BWLD) last issued its quarterly earnings data on Wednesday, July 26th. The restaurant operator reported $0.66 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.01 by ($0.35). The company had revenue of $500.00 million for the quarter, compared to the consensus estimate of $512.68 million. Buffalo Wild Wings had a net margin of 3.39% and a return on equity of 17.14%. The firm’s revenue was up 2.0% compared to the same quarter last year. During the same period in the previous year, the business posted $1.27 earnings per share. On average, analysts predict that Buffalo Wild Wings will post $4.44 earnings per share for the current fiscal year.
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About Buffalo Wild Wings
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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