Buffalo Wild Wings Inc. (BWLD) Given a $190.00 Price Target by BMO Capital Markets Analysts
Buffalo Wild Wings Inc. (NASDAQ:BWLD) has been given a $190.00 price target by analysts at BMO Capital Markets in a research report issued to clients and investors on Monday. The brokerage currently has a a “buy” rating on the stock. BMO Capital Markets’ price objective indicates a potential upside of 15.85% from the stock’s current price.
Several other equities research analysts have also commented on BWLD. Credit Suisse Group AG boosted their price target on shares of Buffalo Wild Wings from $120.00 to $136.34 and gave the company an “underperform” rating in a report on Wednesday, July 20th. Vetr lowered shares of Buffalo Wild Wings from a “strong-buy” rating to a “buy” rating and set a $162.50 price target for the company. in a report on Monday, July 25th. Oppenheimer Holdings Inc. restated an “outperform” rating and issued a $175.00 price target on shares of Buffalo Wild Wings in a report on Tuesday, July 26th. Buckingham Research reiterated a “neutral” rating and set a $149.00 price objective on shares of Buffalo Wild Wings in a research note on Tuesday, July 26th. Finally, Telsey Advisory Group boosted their price objective on shares of Buffalo Wild Wings from $160.00 to $170.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 27th. Three analysts have rated the stock with a sell rating, fourteen have given a hold rating and twelve have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $161.25.
Shares of Buffalo Wild Wings (NASDAQ:BWLD) opened at 164.00 on Monday. Buffalo Wild Wings has a one year low of $122.25 and a one year high of $172.91. The company has a 50-day moving average of $144.53 and a 200 day moving average of $148.48. The stock has a market cap of $2.99 billion, a PE ratio of 29.51 and a beta of 0.90.
Buffalo Wild Wings (NASDAQ:BWLD) last posted its quarterly earnings results on Wednesday, October 26th. The company reported $1.23 EPS for the quarter, meeting the consensus estimate of $1.23. Buffalo Wild Wings had a net margin of 5.26% and a return on equity of 16.25%. The business earned $494.17 million during the quarter, compared to analyst estimates of $502.24 million. During the same quarter in the previous year, the business posted $1.00 EPS. The company’s quarterly revenue was up 8.5% compared to the same quarter last year. On average, analysts predict that Buffalo Wild Wings will post $5.58 earnings per share for the current year.
In other Buffalo Wild Wings news, insider B Jeffrey Sorum sold 800 shares of Buffalo Wild Wings stock in a transaction dated Thursday, August 18th. The shares were sold at an average price of $168.14, for a total transaction of $134,512.00. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Sally J. Smith sold 1,500 shares of Buffalo Wild Wings stock in a transaction dated Monday, October 17th. The stock was sold at an average price of $141.43, for a total transaction of $212,145.00. Following the transaction, the chief executive officer now directly owns 51,243 shares in the company, valued at $7,247,297.49. The disclosure for this sale can be found here. Company insiders own 1.19% of the company’s stock.
A number of institutional investors have recently modified their holdings of BWLD. Credit Suisse AG increased its position in shares of Buffalo Wild Wings by 80.6% in the third quarter. Credit Suisse AG now owns 55,830 shares of the company’s stock worth $7,858,000 after buying an additional 24,911 shares during the period. Ameritas Investment Partners Inc. increased its position in shares of Buffalo Wild Wings by 60.9% in the third quarter. Ameritas Investment Partners Inc. now owns 7,149 shares of the company’s stock worth $1,006,000 after buying an additional 2,706 shares during the period. Verition Fund Management LLC purchased a new position in shares of Buffalo Wild Wings during the third quarter worth approximately $624,000. Chartwell Investment Partners LLC purchased a new position in shares of Buffalo Wild Wings during the third quarter worth approximately $9,366,000. Finally, Highbridge Capital Management LLC purchased a new position in shares of Buffalo Wild Wings during the third quarter worth approximately $1,516,000. 91.62% of the stock is currently owned by institutional investors.
Buffalo Wild Wings Company Profile
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.
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