Buffalo Wild Wings (NASDAQ:BWLD) was downgraded by research analysts at BidaskClub from a “hold” rating to a “sell” rating in a note issued to investors on Saturday.

Several other research analysts also recently commented on BWLD. Zacks Investment Research downgraded shares of Buffalo Wild Wings from a “hold” rating to a “sell” rating in a report on Tuesday, January 2nd. Barclays dropped their price objective on shares of Buffalo Wild Wings from $144.00 to $128.00 and set an “overweight” rating for the company in a report on Wednesday, October 18th. Cowen reissued a “market perform” rating and set a $110.00 price objective on shares of Buffalo Wild Wings in a report on Wednesday, September 20th. BMO Capital Markets set a $157.00 price objective on shares of Buffalo Wild Wings and gave the company a “hold” rating in a report on Wednesday, November 29th. Finally, Morgan Stanley increased their price objective on shares of Buffalo Wild Wings from $112.00 to $124.00 and gave the company an “equal weight” rating in a report on Thursday, October 26th. Three analysts have rated the stock with a sell rating, twenty-three have assigned a hold rating and three have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $144.67.

Buffalo Wild Wings (BWLD) opened at $156.75 on Friday. Buffalo Wild Wings has a 1-year low of $95.00 and a 1-year high of $165.70. The company has a market cap of $2,434.72, a PE ratio of 40.82, a price-to-earnings-growth ratio of 1.72 and a beta of 0.90. The company has a current ratio of 0.70, a quick ratio of 0.61 and a debt-to-equity ratio of 1.60.

Buffalo Wild Wings (NASDAQ:BWLD) last released its quarterly earnings data on Wednesday, October 25th. The restaurant operator reported $1.36 EPS for the quarter, beating the consensus estimate of $0.79 by $0.57. Buffalo Wild Wings had a net margin of 3.17% and a return on equity of 21.39%. The business had revenue of $496.70 million during the quarter, compared to the consensus estimate of $500.97 million. During the same quarter in the prior year, the firm earned $1.23 EPS. The business’s revenue was up .5% on a year-over-year basis. equities research analysts forecast that Buffalo Wild Wings will post 4.99 earnings per share for the current fiscal year.

In related news, Director International Master F. Marcato bought 950,000 shares of Buffalo Wild Wings stock in a transaction dated Tuesday, December 19th. The shares were acquired at an average cost of $156.60 per share, with a total value of $148,770,000.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director International Master F. Marcato sold 987,284 shares of the firm’s stock in a transaction that occurred on Thursday, November 30th. The stock was sold at an average price of $155.57, for a total transaction of $153,591,771.88. The disclosure for this sale can be found here. Corporate insiders own 1.19% of the company’s stock.

Several large investors have recently modified their holdings of the company. Public Employees Retirement System of Ohio increased its position in shares of 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 acquiring an additional 77 shares during the period. Suntrust Banks Inc. boosted its stake in shares of Buffalo Wild Wings by 4.1% during the second quarter. Suntrust Banks Inc. now owns 2,552 shares of the restaurant operator’s stock valued at $323,000 after purchasing an additional 101 shares in the last quarter. Northwestern Mutual Investment Management Company LLC boosted its stake in shares of Buffalo Wild Wings by 8.4% during the second quarter. Northwestern Mutual Investment Management Company LLC now owns 3,249 shares of the restaurant operator’s stock valued at $451,000 after purchasing an additional 252 shares in the last quarter. Voya Investment Management LLC boosted its stake in shares of Buffalo Wild Wings by 3.8% during the second quarter. Voya Investment Management LLC now owns 7,730 shares of the restaurant operator’s stock valued at $979,000 after purchasing an additional 283 shares in the last quarter. Finally, California Public Employees Retirement System boosted its stake in shares of Buffalo Wild Wings by 0.8% during the second quarter. California Public Employees Retirement System now owns 40,000 shares of the restaurant operator’s stock valued at $5,068,000 after purchasing an additional 300 shares in the last quarter. 91.92% of the stock is currently owned by institutional investors and hedge funds.

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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.

Analyst Recommendations for Buffalo Wild Wings (NASDAQ:BWLD)

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