Buffalo Wild Wings, Inc. (BWLD) Earns “Buy” Rating from Maxim Group

Buffalo Wild Wings, Inc. (NASDAQ:BWLD)‘s stock had its “buy” rating restated by stock analysts at Maxim Group in a report issued on Tuesday. They presently have a $160.00 target price on the restaurant operator’s stock. Maxim Group’s target price indicates a potential upside of 36.46% from the stock’s current price.

A number of other equities analysts have also weighed in on BWLD. Barclays PLC lowered their target price on shares of Buffalo Wild Wings from $177.00 to $165.00 and set an “overweight” rating on the stock in a report on Wednesday, July 19th. Wedbush raised shares of Buffalo Wild Wings from an “underperform” rating to a “neutral” rating and set a $115.00 target price on the stock in a report on Thursday, July 20th. Wells Fargo & Company reissued a “market perform” rating and issued a $125.00 target price (down previously from $148.00) on shares of Buffalo Wild Wings in a report on Saturday, July 22nd. Raymond James Financial, Inc. reissued a “market perform” rating on shares of Buffalo Wild Wings in a report on Monday, July 24th. Finally, Stephens reissued an “equal weight” rating and issued a $145.00 target price on shares of Buffalo Wild Wings in a report on Wednesday, July 26th. Two investment analysts have rated the stock with a sell rating, eighteen have given a hold rating and seven have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $134.67.

Buffalo Wild Wings (NASDAQ BWLD) traded down $1.60 on Tuesday, hitting $117.25. 991,500 shares of the stock traded hands, compared to its average volume of 508,426. The company has a debt-to-equity ratio of 1.60, a current ratio of 0.70 and a quick ratio of 0.61. Buffalo Wild Wings has a 1 year low of $95.00 and a 1 year high of $175.10. The stock has a market capitalization of $1,843.63, a PE ratio of 27.45, a price-to-earnings-growth ratio of 1.46 and a beta of 0.79.

Buffalo Wild Wings (NASDAQ:BWLD) last announced its earnings results on Wednesday, October 25th. The restaurant operator reported $1.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.79 by $0.57. The company had revenue of $496.70 million during the quarter, compared to analyst estimates of $500.97 million. Buffalo Wild Wings had a net margin of 3.17% and a return on equity of 21.39%. The firm’s quarterly revenue was up .5% compared to the same quarter last year. During the same period in the previous year, the business posted $1.23 earnings per share. equities analysts predict that Buffalo Wild Wings will post 4.98 earnings per share for the current year.

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A number of institutional investors have recently modified their holdings of BWLD. Lenox Wealth Management Inc. boosted its holdings in shares of Buffalo Wild Wings by 13.3% in the 3rd quarter. Lenox Wealth Management Inc. now owns 3,939 shares of the restaurant operator’s stock valued at $416,000 after buying an additional 463 shares in the last quarter. Prospector Partners LLC boosted its holdings in shares of Buffalo Wild Wings by 8.8% in the 3rd quarter. Prospector Partners LLC now owns 78,420 shares of the restaurant operator’s stock valued at $8,289,000 after buying an additional 6,310 shares in the last quarter. Segall Bryant & Hamill LLC boosted its holdings in shares of Buffalo Wild Wings by 4.2% in the 3rd quarter. Segall Bryant & Hamill LLC now owns 106,500 shares of the restaurant operator’s stock valued at $11,257,000 after buying an additional 4,282 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of Buffalo Wild Wings by 23.1% in the 3rd quarter. Envestnet Asset Management Inc. now owns 35,966 shares of the restaurant operator’s stock valued at $3,802,000 after buying an additional 6,749 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its holdings in shares of Buffalo Wild Wings by 6.0% in the 3rd quarter. Dimensional Fund Advisors LP now owns 485,970 shares of the restaurant operator’s stock valued at $51,367,000 after buying an additional 27,330 shares in the last quarter. Institutional investors own 89.14% of the company’s stock.

About Buffalo Wild Wings

Buffalo Wild Wings, Inc is the owner, operator and franchisor of restaurants. As of December 25, 2016, the Company’s made-to-order menu items included 16 sauces and five seasonings, ranging from Sweet BBQ to Blazin. The Company’s restaurants offer 20 to 40 domestic and imported beers on tap, including craft brews, and a selection of bottled beers, wines and liquor.

Analyst Recommendations for Buffalo Wild Wings (NASDAQ:BWLD)

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