Buffalo Wild Wings Inc. (NASDAQ:BWLD) has earned an average recommendation of “Hold” from the twenty-nine analysts that are presently covering the stock. Two research analysts have rated the stock with a sell rating, fourteen have given a hold rating and thirteen have assigned a buy rating to the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $161.70.
A number of research analysts have commented on the company. Barclays PLC upped their price target on Buffalo Wild Wings from $160.00 to $168.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 27th. BMO Capital Markets restated a “buy” rating on shares of Buffalo Wild Wings in a research note on Sunday, June 26th. Telsey Advisory Group upped their price target on Buffalo Wild Wings from $160.00 to $170.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 27th. Deutsche Bank AG upped their price target on Buffalo Wild Wings from $145.00 to $155.00 and gave the stock a “hold” rating in a research note on Wednesday, August 17th. Finally, Vetr upgraded Buffalo Wild Wings from a “strong sell” rating to a “hold” rating and set a $140.18 price target on the stock in a research note on Monday, June 27th.
In other Buffalo Wild Wings news, EVP Judith A. Shoulak sold 1,992 shares of the stock in a transaction dated Monday, July 25th. The shares were sold at an average price of $150.00, for a total value of $298,800.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Sally J. Smith sold 2,000 shares of the stock in a transaction dated Thursday, September 15th. The shares were sold at an average price of $156.85, for a total transaction of $313,700.00. Following the completion of the transaction, the chief executive officer now directly owns 52,593 shares of the company’s stock, valued at $8,249,212.05. The disclosure for this sale can be found here. 1.19% of the stock is currently owned by company insiders.
Hedge funds and other institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. boosted its position in shares of Buffalo Wild Wings by 1.7% in the second quarter. Vanguard Group Inc. now owns 1,370,477 shares of the company’s stock worth $190,428,000 after buying an additional 22,529 shares during the period. BlackRock Fund Advisors boosted its position in shares of Buffalo Wild Wings by 2.1% in the second quarter. BlackRock Fund Advisors now owns 953,162 shares of the company’s stock worth $132,442,000 after buying an additional 19,777 shares during the period. Franklin Resources Inc. boosted its position in shares of Buffalo Wild Wings by 11.7% in the second quarter. Franklin Resources Inc. now owns 671,035 shares of the company’s stock worth $93,261,000 after buying an additional 70,298 shares during the period. State Street Corp boosted its position in shares of Buffalo Wild Wings by 1.4% in the first quarter. State Street Corp now owns 607,106 shares of the company’s stock worth $89,924,000 after buying an additional 8,228 shares during the period. Finally, BlackRock Institutional Trust Company N.A. boosted its position in shares of Buffalo Wild Wings by 1.6% in the second quarter. BlackRock Institutional Trust Company N.A. now owns 549,032 shares of the company’s stock worth $76,288,000 after buying an additional 8,764 shares during the period. 94.76% of the stock is owned by institutional investors.
Shares of Buffalo Wild Wings (NASDAQ:BWLD) opened at 142.60 on Thursday. Buffalo Wild Wings has a 12 month low of $122.25 and a 12 month high of $190.91. The firm has a market cap of $2.61 billion, a PE ratio of 26.83 and a beta of 0.92. The firm’s 50-day moving average price is $152.01 and its 200-day moving average price is $147.97.
Buffalo Wild Wings (NASDAQ:BWLD) last released its quarterly earnings results on Tuesday, July 26th. The company reported $1.27 EPS for the quarter, topping analysts’ consensus estimates of $1.26 by $0.01. Buffalo Wild Wings had a return on equity of 15.57% and a net margin of 5.19%. The company had revenue of $490.20 million for the quarter, compared to analysts’ expectations of $498.86 million. During the same period in the prior year, the firm earned $1.12 earnings per share. The firm’s revenue was up 15.0% compared to the same quarter last year. Analysts expect that Buffalo Wild Wings will post $5.72 earnings per share for the current 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.
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