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

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, beating analysts’ consensus estimates 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 Trading Up 7.1 %

Shares of BBW stock opened at $38.03 on Thursday. Build-A-Bear Workshop has a 12-month low of $23.63 and a 12-month high of $48.23. The company has a market cap of $511.14 million, a price-to-earnings ratio of 10.02 and a beta of 1.50. The stock has a 50 day simple moving average of $40.47 and a 200-day simple moving average of $38.21.

Build-A-Bear Workshop Increases Dividend

The company 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 dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.31%. 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 21.28%.

Insider Buying and Selling

In other Build-A-Bear Workshop news, CEO Sharon Price John sold 68,859 shares of the business’s stock in a transaction on 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 directly 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider J. Christopher Hurt sold 12,635 shares of the firm’s stock in a transaction dated Wednesday, January 15th. The shares were sold at an average price of $39.53, for a total transaction of $499,461.55. Following the transaction, the insider now owns 49,386 shares of the company’s stock, valued at $1,952,228.58. This trade represents a 20.37 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 164,166 shares of company stock valued at $7,113,481 over the last quarter. Company insiders own 7.90% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on BBW shares. StockNews.com upgraded Build-A-Bear Workshop from a “hold” rating to a “buy” rating in a report on Thursday. Northland Securities boosted their price target 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. Finally, DA Davidson lifted 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.

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.