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

Build-A-Bear Workshop (NYSE:BBW) issued its earnings results on Thursday. The specialty retailer reported $1.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.52 by $0.07, Zacks reports. Build-A-Bear Workshop had a return on equity of 38.35% and a net margin of 10.58%.

Build-A-Bear Workshop Price Performance

Shares of BBW stock traded up $2.49 during trading hours on Thursday, hitting $37.99. The company had a trading volume of 172,415 shares, compared to its average volume of 271,700. Build-A-Bear Workshop has a fifty-two week low of $23.63 and a fifty-two week high of $48.23. The company’s fifty day moving average is $40.47 and its 200 day moving average is $38.21. The stock has a market capitalization of $510.52 million, a PE ratio of 10.10 and a beta of 1.50.

Build-A-Bear Workshop Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 10th. Stockholders of record on Thursday, March 27th will be paid a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.32%. This is an increase from Build-A-Bear Workshop’s previous quarterly dividend of $0.20. Build-A-Bear Workshop’s payout ratio is 21.28%.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on BBW. DA Davidson upped their price objective on shares of Build-A-Bear Workshop from $40.00 to $50.00 and gave the company a “buy” rating in a report on Friday, December 6th. StockNews.com raised shares of Build-A-Bear Workshop from a “hold” rating to a “buy” rating in a research report on Thursday. Finally, 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 report on Friday, December 6th.

Insider Activity at Build-A-Bear Workshop

In other Build-A-Bear Workshop news, CFO Vojin Todorovic sold 5,000 shares of Build-A-Bear Workshop stock in a transaction dated Tuesday, January 21st. The stock was sold at an average price of $40.08, for a total value of $200,400.00. Following the completion of the transaction, the chief financial officer now directly 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 legal filing with the SEC, which is available through this link. Also, CEO Sharon Price John sold 68,859 shares of the business’s stock in a transaction dated Tuesday, January 7th. The stock was sold at an average price of $46.06, for a total transaction of $3,171,645.54. Following the sale, the chief executive officer now owns 347,820 shares in the company, valued at $16,020,589.20. This trade represents a 16.53 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 164,166 shares of company stock worth $7,113,481. 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.