Buffalo Wild Wings Inc. (BWLD) Receives Average Recommendation of “Hold” from Brokerages
Shares of Buffalo Wild Wings Inc. (NASDAQ:BWLD) have been assigned an average rating of “Hold” from the twenty-nine research firms that are covering the firm. Two research analysts have rated the stock with a sell recommendation, fourteen have assigned a hold recommendation and thirteen have assigned a buy recommendation to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $161.70.
A number of equities analysts have recently issued reports on the stock. Vetr upgraded shares of Buffalo Wild Wings from a “sell” rating to a “hold” rating and set a $165.00 price target for the company in a report on Monday, August 8th. Raymond James Financial Inc. cut shares of Buffalo Wild Wings from an “outperform” rating to a “market perform” rating in a research note on Wednesday, August 10th. Maxim Group cut shares of Buffalo Wild Wings from a “buy” rating to a “hold” rating and set a $170.00 price objective on the stock. in a research note on Tuesday, August 2nd. Credit Suisse Group AG raised shares of Buffalo Wild Wings from an “underperform” rating to a “neutral” rating and increased their price objective for the company from $130.00 to $165.00 in a research note on Tuesday, August 9th. Finally, Longbow Research cut shares of Buffalo Wild Wings from a “neutral” rating to an “underperform” rating and set a $125.00 price objective on the stock. in a research note on Friday, August 19th.
In related news, CEO Sally J. Smith sold 1,500 shares of Buffalo Wild Wings stock in a transaction dated Friday, July 15th. The shares were sold at an average price of $136.55, for a total transaction of $204,825.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Andrew D. Block sold 750 shares of the business’s stock in a transaction dated Wednesday, July 27th. The stock was sold at an average price of $155.00, for a total transaction of $116,250.00. Following the completion of the sale, the senior vice president now owns 4,963 shares in the company, valued at $769,265. The disclosure for this sale can be found here. Insiders own 1.19% of the company’s stock.
A number of large investors have recently modified their holdings of BWLD. Sei Investments Co. boosted its stake in shares of Buffalo Wild Wings by 71.3% in the second quarter. Sei Investments Co. now owns 1,028 shares of the company’s stock valued at $143,000 after buying an additional 428 shares during the period. LS Investment Advisors LLC boosted its stake in shares of Buffalo Wild Wings by 69.7% in the second quarter. LS Investment Advisors LLC now owns 1,169 shares of the company’s stock valued at $162,000 after buying an additional 480 shares during the period. Pacer Advisors Inc. acquired a new stake in shares of Buffalo Wild Wings during the second quarter valued at approximately $184,000. Quadrature Capital Ltd acquired a new stake in shares of Buffalo Wild Wings during the first quarter valued at approximately $207,000. Finally, Oakbrook Investments LLC acquired a new stake in shares of Buffalo Wild Wings during the second quarter valued at approximately $208,000. Hedge funds and other institutional investors own 94.76% of the company’s stock.
Shares of Buffalo Wild Wings (NASDAQ:BWLD) traded up 0.65% during mid-day trading on Thursday, hitting $139.56. 177,991 shares of the stock traded hands. The firm’s 50 day moving average price is $153.24 and its 200 day moving average price is $148.07. The firm has a market cap of $2.55 billion, a price-to-earnings ratio of 26.26 and a beta of 0.92. Buffalo Wild Wings has a 12-month low of $122.25 and a 12-month high of $190.91.
Buffalo Wild Wings (NASDAQ:BWLD) last announced its quarterly earnings data on Tuesday, July 26th. The company reported $1.27 EPS for the quarter, topping the Zacks’ consensus estimate of $1.26 by $0.01. The company earned $490.20 million during the quarter, compared to the consensus estimate of $498.86 million. Buffalo Wild Wings had a net margin of 5.19% and a return on equity of 15.57%. Buffalo Wild Wings’s quarterly revenue was up 15.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.12 EPS. On average, equities research analysts predict that Buffalo Wild Wings will post $5.72 EPS for the current fiscal year.
About Buffalo Wild Wings
Buffalo Wild Wings, Inc (Buffalo Wild Wings) is an owner, operator and franchisor of restaurants featuring various menu items. The Company’s restaurants feature a bar, which offers a selection of 20 to 30 domestic, imported and craft beers on tap, as well as bottled beers, wine and liquor. The Buffalo Wild Wings restaurants feature various menu items, including its Buffalo, New York-style chicken wings spun in one of its signature sauces from sweet to screamin’ hot, which includes Sweet barbeque (BBQ), Teriyaki, Bourbon Honey Mustard, Mild, Parmesan Garlic, Medium, Honey BBQ, Spicy Garlic, Asian Zing, Caribbean Jerk, Thai Curry, Hot BBQ, Hot, Mango Habanero, Wild and Blazin’, or signature seasonings, Buffalo, Desert Heat, Chipotle BBQ, Lemon Pepper, and Salt & Vinegar.
Receive News & Stock Ratings for Buffalo Wild Wings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Buffalo Wild Wings Inc. and related stocks with our FREE daily email newsletter.