Zacks Investment Research Lowers Build-A-Bear Workshop (BBW) to Strong Sell

Build-A-Bear Workshop (NYSE:BBW) was downgraded by Zacks Investment Research from a “hold” rating to a “strong sell” rating in a report released on Wednesday.

According to Zacks, “Build-A-Bear Workshop is the leading and only national company providing a make your own stuffed animal interactive retail-entertainment experience. “

Separately, ValuEngine raised Build-A-Bear Workshop from a “hold” rating to a “buy” rating in a research note on Wednesday, October 24th.



BBW opened at $5.24 on Wednesday. Build-A-Bear Workshop has a 1 year low of $5.17 and a 1 year high of $10.45. The stock has a market capitalization of $83.24 million, a price-to-earnings ratio of 9.89, a PEG ratio of 1.31 and a beta of -0.61.

Build-A-Bear Workshop (NYSE:BBW) last released its quarterly earnings results on Thursday, November 29th. The specialty retailer reported ($0.42) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.12) by ($0.30). Build-A-Bear Workshop had a negative net margin of 0.66% and a negative return on equity of 0.68%. The firm had revenue of $68.69 million during the quarter, compared to analyst estimates of $73.60 million. During the same period in the prior year, the business earned ($0.10) EPS. Equities research analysts forecast that Build-A-Bear Workshop will post -0.02 earnings per share for the current fiscal year.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Paloma Partners Management Co acquired a new stake in shares of Build-A-Bear Workshop in the second quarter valued at about $504,000. Jane Street Group LLC acquired a new stake in shares of Build-A-Bear Workshop in the second quarter valued at about $204,000. 22NW LP acquired a new stake in shares of Build-A-Bear Workshop in the second quarter valued at about $173,000. Millennium Management LLC increased its position in shares of Build-A-Bear Workshop by 194.1% in the second quarter. Millennium Management LLC now owns 158,023 shares of the specialty retailer’s stock valued at $1,201,000 after acquiring an additional 104,288 shares during the last quarter. Finally, Renaissance Technologies LLC increased its position in shares of Build-A-Bear Workshop by 19.3% in the second quarter. Renaissance Technologies LLC now owns 595,800 shares of the specialty retailer’s stock valued at $4,528,000 after acquiring an additional 96,400 shares during the last quarter. 79.00% of the stock is currently owned by hedge funds and other 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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