Build-A-Bear Workshop (NYSE:BBW) Issues Earnings Results

Build-A-Bear Workshop (NYSE:BBW) announced its earnings results on Thursday. The specialty retailer reported $1.59 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.52 by $0.07, Zacks reports. The firm had revenue of $150.45 million during the quarter, compared to analysts’ expectations of $147.53 million. Build-A-Bear Workshop had a return on equity of 38.35% and a net margin of 10.58%.

Build-A-Bear Workshop Trading Up 3.0 %

Shares of BBW opened at $36.42 on Friday. Build-A-Bear Workshop has a 1 year low of $23.63 and a 1 year high of $48.23. The stock has a market cap of $489.48 million, a P/E ratio of 9.69 and a beta of 1.50. The stock’s 50-day moving average price is $40.29 and its two-hundred day moving average price is $38.19.

Build-A-Bear Workshop Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 10th. Shareholders of record on Thursday, March 27th will be issued a dividend of $0.22 per share. The ex-dividend date of this dividend is Thursday, March 27th. This represents a $0.88 dividend on an annualized basis and a yield of 2.42%. This is a boost from Build-A-Bear Workshop’s previous quarterly dividend of $0.20. Build-A-Bear Workshop’s dividend payout ratio (DPR) is 21.28%.

Insider Activity

In other Build-A-Bear Workshop news, CFO Vojin Todorovic sold 5,000 shares of the business’s stock in a transaction that occurred on Tuesday, January 21st. The stock was sold at an average price of $40.08, for a total transaction of $200,400.00. Following the transaction, the chief financial officer now owns 70,695 shares of the company’s stock, valued at $2,833,455.60. The trade was a 6.61 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider J. Christopher Hurt sold 12,635 shares of the business’s stock in a transaction that occurred on Wednesday, January 15th. The stock was sold at an average price of $39.53, for a total value of $499,461.55. Following the transaction, the insider now directly owns 49,386 shares in the company, valued at $1,952,228.58. This trade represents a 20.37 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 161,666 shares of company stock worth $7,010,081 in the last 90 days. Corporate insiders own 7.90% of the company’s stock.

Wall Street Analysts Forecast Growth

BBW has been the subject of several research reports. StockNews.com raised Build-A-Bear Workshop from a “hold” rating to a “buy” rating in a research report on Thursday. Northland Securities increased their price objective on Build-A-Bear Workshop from $38.00 to $55.00 and gave the stock an “outperform” rating in a research note on Friday, December 6th. Finally, DA Davidson reiterated a “buy” rating and set a $50.00 price objective on shares of Build-A-Bear Workshop in a research note on Friday.

Build-A-Bear Workshop Company Profile

Build-A-Bear Workshop, Inc operates as a multi-channel retailer of plush animals and related products in the United States, Canada, the United Kingdom, Ireland, and internationally. The company operates through three segments: Direct-to-Consumer, Commercial, and International Franchising. Its merchandise comprises various styles of plush products to be stuffed, pre-stuffed plush products, and sounds and scents that can be added to the stuffed animals, as well as range of clothing, shoes and accessories, and other toy and novelty items, including family sleepwear.