Build-A-Bear Workshop (NYSE:BBW) is scheduled to release its earnings data before the market opens on Thursday, August 24th. Analysts are expecting the company to post earnings of $0.41 per share for the quarter.
Interested parties can register for the company’s conference call using the provided link. This will allow them to gain further insights into Build-A-Bear Workshop’s financial performance and strategic plans.
In a recent research report, StockNews.com initiated coverage on shares of Build-A-Bear Workshop and issued a “buy” rating on the stock. This positive assessment from StockNews.com could potentially influence investor sentiment towards the company.
It is worth noting that Director George Carrara recently sold 3,000 shares of Build-A-Bear Workshop’s stock in a transaction that occurred on Friday, June 9th. The shares were sold at an average price of $20.54, amounting to a total value of $61,620.00. Following this sale, Carrara now directly owns 24,073 shares of the company’s stock with a value of $494,459.42. These transactions were disclosed in filings with the Securities & Exchange Commission.
Additionally, CEO Sharon Price John sold 37,398 shares of Build-A-Bear Workshop stock on Wednesday, June 28th at an average price of $20.26 per share for a total transaction value of $757,683.48. After this sale, John holds approximately 602,781 shares in the company valued at approximately $12,212,343.06.
Moreover, over the last 90 days leading up to today’s date (August 17th), insiders have collectively sold 56,398 shares of Build-A-Bear Workshop stock valued at $1,143,303. It is important to note that corporate insiders own approximately 11.40% of the company’s stock.
These insider sales indicate that key individuals within Build-A-Bear Workshop have reduced their personal holdings in the company. This can be interpreted in different ways depending on the context and overall market conditions.
Investors and analysts alike will eagerly await the release of Build-A-Bear Workshop’s earnings data to assess the company’s performance for the quarter. Any unexpected results or significant developments could potentially impact the stock price and investor sentiment towards the brand.
As the company continues to navigate its business operations amidst evolving market dynamics, it is crucial for investors to stay informed and closely monitor any updates or announcements from Build-A-Bear Workshop. By assessing various factors, including financial performance, analyst recommendations, insider transactions, and industry trends, stakeholders can better understand and make informed decisions regarding their investment in this particular stock.
Build-A-Bear Workshop’s Quarterly Earnings Report and Stock Performance Analysis – August 17, 2023
Build-A-Bear Workshop, the specialty retailer known for its customizable stuffed animals, recently announced its quarterly earnings data on May 25th. The company reported earnings per share (EPS) of $0.98 for the quarter, falling short of analysts’ consensus estimates by ($0.03). Build-A-Bear Workshop’s return on equity was commendable at 44.90%, and it had a net margin of 10.29%. However, the company’s revenue for the quarter stood at $120.05 million, which fell below analyst expectations of $124.24 million. Comparatively, during the same period last year, Build-A-Bear Workshop earned an EPS of $0.89.
Looking ahead, analysts predict that Build-A-Bear Workshop will post an EPS of $3 for the current fiscal year and $4 for the next fiscal year.
On August 17th, shares of BBW opened at $25.75, with a market cap of $374.15 million. The stock carries a price-to-earnings (P/E) ratio of 7.90 and has a beta value of 1.97, indicating high volatility.
Build-A-Bear Workshop’s stock performance over time showcases some fluctuation—its 50-day moving average price is $22.46 while its two-hundred day moving average price is slightly higher at $22.57.
The specialty retailer has experienced a wide range in stock prices over the past year as well—a low of $12.47 and a high reaching as far as $26.87.
In terms of institutional investments in Build-A-Bear Workshop, several hedge funds and other investors have made adjustments to their holdings recently.
First Capital Advisors Group LLC acquired a new position in the company during the second quarter valued at approximately $30,000, while Captrust Financial Advisors purchased a stake worth around $37,000 in the first quarter. Lazard Asset Management LLC also bought a new position worth $37,000 in the second quarter.
Quantbot Technologies LP joined in during the first quarter by acquiring a position valued at $39,000. Lastly, Tower Research Capital LLC TRC increased its stake in Build-A-Bear Workshop by 190.9% during the third quarter, now owning 3,200 shares valued at $43,000 after the addition of 2,100 more shares.
In total, institutional investors hold around 77.91% of the company’s stock.
As investors digest these numbers and updates on Build-A-Bear Workshop’s performance, it will be interesting to see how these factors influence its future trajectory and impact potential investment decisions moving forward.
Please note that all data presented above is based on the reference date of August 17, 2023.
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