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

Build-A-Bear Workshop (NYSE:BBW - Get Free Report) released its quarterly earnings results on Thursday. The specialty retailer reported $1.59 EPS for the quarter, topping the consensus estimate of $1.52 by $0.07, Zacks reports. The business had revenue of $150.45 million during the quarter, compared to analyst estimates of $147.53 million. Build-A-Bear Workshop had a net margin of 10.58% and a return on equity of 38.35%.

Build-A-Bear Workshop Price Performance

BBW stock traded up $1.07 on Friday, reaching $36.42. 415,189 shares of the company were exchanged, compared to its average volume of 244,158. Build-A-Bear Workshop has a 12 month low of $23.63 and a 12 month high of $48.23. The stock's fifty day moving average price is $40.11 and its 200 day moving average price is $38.31. The firm has a market capitalization of $489.48 million, a PE ratio of 9.69 and a beta of 1.50.

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 given 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 positive change from Build-A-Bear Workshop's previous quarterly dividend of $0.20. Build-A-Bear Workshop's payout ratio is 23.10%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on BBW shares. StockNews.com raised shares of Build-A-Bear Workshop from a "hold" rating to a "buy" rating in a report on Thursday. Northland Securities boosted their price objective on Build-A-Bear Workshop from $38.00 to $55.00 and gave the stock an "outperform" rating in a report on Friday, December 6th. Finally, DA Davidson restated a "buy" rating and set a $50.00 price objective on shares of Build-A-Bear Workshop in a report on Friday.

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Insiders Place Their Bets

In other news, insider J. Christopher Hurt sold 12,635 shares of the company's stock in a transaction dated Wednesday, January 15th. The stock was sold at an average price of $39.53, for a total value of $499,461.55. Following the completion of the sale, the insider now directly owns 49,386 shares of the company's stock, valued at $1,952,228.58. This represents a 20.37 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CFO Vojin Todorovic sold 15,000 shares of the business's stock in a transaction that occurred on Monday, January 13th. The shares were sold at an average price of $41.55, for a total value of $623,250.00. Following the completion of the transaction, the chief financial officer now owns 75,695 shares of the company's stock, valued at $3,145,127.25. This represents a 16.54 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 161,666 shares of company stock worth $7,010,081 over the last 90 days. 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.