Buffalo Wild Wings (NASDAQ:BWLD) – Analysts at Oppenheimer Holdings decreased their Q2 2017 EPS estimates for Buffalo Wild Wings in a research note issued on Thursday. Oppenheimer Holdings analyst B. Bittner now anticipates that the restaurant operator will post earnings per share of $1.03 for the quarter, down from their prior forecast of $1.07. Oppenheimer Holdings also issued estimates for Buffalo Wild Wings’ Q4 2017 earnings at $1.63 EPS and FY2017 earnings at $5.12 EPS.

Buffalo Wild Wings (NASDAQ:BWLD) last released its quarterly earnings results on Wednesday, April 26th. The restaurant operator reported $1.44 EPS for the quarter, missing analysts’ consensus estimates of $1.68 by $0.24. Buffalo Wild Wings had a return on equity of 15.58% and a net margin of 4.76%. The business had revenue of $534.80 million for the quarter, compared to the consensus estimate of $536.10 million. During the same period in the prior year, the business posted $1.73 earnings per share. Buffalo Wild Wings’s revenue was up 5.2% compared to the same quarter last year.

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Earnings History and Estimates for Buffalo Wild Wings (NASDAQ:BWLD)

A number of other brokerages also recently weighed in on BWLD. Maxim Group reissued a “hold” rating and issued a $175.00 price target on shares of Buffalo Wild Wings in a report on Tuesday, May 9th. Citigroup Inc reissued a “neutral” rating and issued a $161.00 price target (down from $162.00) on shares of Buffalo Wild Wings in a report on Monday, May 15th. Jefferies Group LLC reissued a “hold” rating and issued a $160.00 price target (up from $145.00) on shares of Buffalo Wild Wings in a report on Monday, June 5th. Robert W. Baird reissued a “neutral” rating and issued a $160.00 price target on shares of Buffalo Wild Wings in a report on Monday, June 5th. Finally, BMO Capital Markets reissued a “market perform” rating and issued a $150.00 price target (down from $155.00) on shares of Buffalo Wild Wings in a report on Monday, June 5th. Three equities research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and nine have given a buy rating to the stock. Buffalo Wild Wings presently has a consensus rating of “Hold” and an average target price of $160.90.

Buffalo Wild Wings (BWLD) opened at 145.95 on Friday. Buffalo Wild Wings has a 52-week low of $133.34 and a 52-week high of $175.10. The company’s 50-day moving average is $154.39 and its 200-day moving average is $155.93. The company has a market capitalization of $2.36 billion, a price-to-earnings ratio of 31.60 and a beta of 0.96.

In other Buffalo Wild Wings news, CEO Sally J. Smith sold 2,000 shares of the company’s stock in a transaction dated Wednesday, March 15th. The shares were sold at an average price of $150.00, for a total transaction of $300,000.00. Following the sale, the chief executive officer now directly owns 46,073 shares of the company’s stock, valued at $6,910,950. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 1.19% of the stock is owned by corporate insiders.

Several large investors have recently made changes to their positions in the stock. Suntrust Banks Inc. boosted its stake in shares of Buffalo Wild Wings by 0.5% in the first quarter. Suntrust Banks Inc. now owns 2,451 shares of the restaurant operator’s stock valued at $374,000 after buying an additional 12 shares in the last quarter. State Board of Administration of Florida Retirement System boosted its stake in shares of Buffalo Wild Wings by 0.4% in the fourth quarter. State Board of Administration of Florida Retirement System now owns 11,331 shares of the restaurant operator’s stock valued at $1,750,000 after buying an additional 40 shares in the last quarter. Tyers Asset Management LLC boosted its stake in shares of Buffalo Wild Wings by 6.3% in the first quarter. Tyers Asset Management LLC now owns 748 shares of the restaurant operator’s stock valued at $114,000 after buying an additional 44 shares in the last quarter. Flinton Capital Management LLC boosted its stake in shares of Buffalo Wild Wings by 6.3% in the first quarter. Flinton Capital Management LLC now owns 952 shares of the restaurant operator’s stock valued at $146,000 after buying an additional 56 shares in the last quarter. Finally, Neuburgh Advisers LLC boosted its stake in shares of Buffalo Wild Wings by 6.3% in the first quarter. Neuburgh Advisers LLC now owns 1,156 shares of the restaurant operator’s stock valued at $177,000 after buying an additional 68 shares in the last quarter. Hedge funds and other institutional investors own 92.00% 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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