Vetr upgraded shares of Buffalo Wild Wings Inc. (NASDAQ:BWLD) from a hold rating to a buy rating in a research report report published on Wednesday. Vetr currently has $153.33 target price on the stock.
Several other equities analysts have also recently commented on BWLD. BMO Capital Markets reissued a buy rating on shares of Buffalo Wild Wings in a research note on Sunday, June 26th. Morgan Stanley reissued a hold rating and set a $151.00 target price on shares of Buffalo Wild Wings in a research note on Thursday, July 28th. Buckingham Research reissued a neutral rating and set a $149.00 target price on shares of Buffalo Wild Wings in a research note on Tuesday, July 26th. Telsey Advisory Group raised their target price on shares of Buffalo Wild Wings from $160.00 to $170.00 and gave the company an outperform rating in a research note on Wednesday, July 27th. Finally, Wedbush reissued an outperform rating and set a $180.00 target price on shares of Buffalo Wild Wings in a research note on Wednesday, July 27th. Two equities research analysts have rated the stock with a sell rating, fifteen have given a hold rating and thirteen have given a buy rating to the company’s stock. The stock has a consensus rating of Hold and a consensus price target of $158.12.
Shares of Buffalo Wild Wings (NASDAQ:BWLD) opened at 140.74 on Wednesday. The company has a 50-day moving average of $159.07 and a 200 day moving average of $148.67. The firm has a market cap of $2.58 billion, a P/E ratio of 26.48 and a beta of 0.93. Buffalo Wild Wings has a 12-month low of $122.25 and a 12-month high of $198.42.
Buffalo Wild Wings (NASDAQ:BWLD) last issued its quarterly earnings data on Tuesday, July 26th. The company reported $1.27 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.26 by $0.01. The firm had revenue of $490.20 million for 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% compared to the same quarter last year. During the same period last year, the firm posted $1.12 EPS. Equities research analysts anticipate that Buffalo Wild Wings will post $5.72 earnings per share for the current fiscal year.
In other Buffalo Wild Wings news, CEO Sally J. Smith sold 2,000 shares of the business’s stock in a transaction on Thursday, September 15th. The shares were sold at an average price of $156.85, for a total value of $313,700.00. Following the sale, the chief executive officer now owns 52,593 shares of the company’s stock, valued at approximately $8,249,212.05. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Sally J. Smith sold 1,500 shares of the business’s stock in a transaction on Friday, July 15th. The shares were sold at an average price of $136.55, for a total transaction of $204,825.00. The disclosure for this sale can be found here. Corporate insiders own 1.19% of the company’s stock.
A number of large investors have recently made changes to their positions in the stock. Sei Investments Co. raised 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 raised 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. Massmutual Trust Co. FSB ADV acquired a new stake in shares of Buffalo Wild Wings during the first quarter valued at about $182,000. Pacer Advisors Inc. acquired a new stake in shares of Buffalo Wild Wings during the second quarter valued at about $184,000. Finally, Quadrature Capital Ltd acquired a new stake in shares of Buffalo Wild Wings during the first quarter valued at about $207,000. 94.76% of the stock is currently owned by hedge funds and other 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.
To view Vetr’s full report, visit Vetr’s official website.
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