Build-A-Bear Workshop (NYSE:BBW) Announces Earnings Results, Beats Expectations By $0.07 EPS

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

Build-A-Bear Workshop Stock Up 3.0 %

Shares of BBW stock opened at $36.42 on Friday. The stock has a market cap of $489.48 million, a price-to-earnings ratio of 9.69 and a beta of 1.50. Build-A-Bear Workshop has a fifty-two week low of $23.63 and a fifty-two week high of $48.23. The firm’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. Investors of record on Thursday, March 27th will be issued a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 2.42%. This is an increase from Build-A-Bear Workshop’s previous quarterly dividend of $0.20. The ex-dividend date of this dividend is Thursday, March 27th. Build-A-Bear Workshop’s payout ratio is presently 21.28%.

Analyst Ratings Changes

Several analysts have recently commented on the stock. Northland Securities raised their target price on shares of 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. DA Davidson reiterated a “buy” rating and issued a $50.00 price objective on shares of Build-A-Bear Workshop in a research note on Friday. Finally, StockNews.com upgraded shares of Build-A-Bear Workshop from a “hold” rating to a “buy” rating in a research note on Thursday.

Insider Transactions at Build-A-Bear Workshop

In related news, CEO Sharon Price John sold 68,859 shares of Build-A-Bear Workshop stock in a transaction on Tuesday, January 7th. The shares were sold at an average price of $46.06, for a total value of $3,171,645.54. Following the completion of the sale, the chief executive officer now owns 347,820 shares in the company, valued at approximately $16,020,589.20. The trade was a 16.53 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Vojin Todorovic sold 5,000 shares of the business’s stock in a transaction on Tuesday, January 21st. The shares were sold at an average price of $40.08, for a total transaction of $200,400.00. Following the sale, the chief financial officer now owns 70,695 shares of the company’s stock, valued at approximately $2,833,455.60. The trade was a 6.61 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 161,666 shares of company stock valued at $7,010,081. Corporate insiders own 7.90% of the company’s stock.

About Build-A-Bear Workshop

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.