Build-A-Bear Workshop (NYSE:BBW) Downgraded to “Hold” at Zacks Investment Research

Build-A-Bear Workshop (NYSE:BBW) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a report released on Wednesday, Zacks.com reports.

According to Zacks, “Build-A-Bear Workshop is the leading and only national company providing a make your own stuffed animal interactive retail-entertainment experience. “

Several other brokerages have also issued reports on BBW. TheStreet lowered Build-A-Bear Workshop from a “c+” rating to a “d” rating in a research note on Friday, May 31st. ValuEngine lowered Build-A-Bear Workshop from a “buy” rating to a “hold” rating in a research note on Wednesday.

Shares of BBW traded up $0.02 during mid-day trading on Wednesday, hitting $4.27. The stock had a trading volume of 239,284 shares, compared to its average volume of 177,275. The company has a market capitalization of $67.94 million, a price-to-earnings ratio of -10.68 and a beta of 0.64. The stock’s fifty day moving average price is $5.44. The company has a debt-to-equity ratio of 1.56, a quick ratio of 0.47 and a current ratio of 1.17. Build-A-Bear Workshop has a 52 week low of $3.75 and a 52 week high of $9.35.

Build-A-Bear Workshop (NYSE:BBW) last issued its earnings results on Friday, May 31st. The specialty retailer reported $0.08 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.15 by ($0.07). The firm had revenue of $84.36 million during the quarter, compared to the consensus estimate of $86.60 million. Build-A-Bear Workshop had a negative net margin of 5.06% and a negative return on equity of 7.51%.

Several institutional investors and hedge funds have recently modified their holdings of BBW. Squarepoint Ops LLC purchased a new stake in shares of Build-A-Bear Workshop in the 4th quarter worth approximately $71,000. Municipal Employees Retirement System of Michigan bought a new position in Build-A-Bear Workshop in the 4th quarter worth $184,000. Laurion Capital Management LP bought a new position in Build-A-Bear Workshop in the 1st quarter worth $301,000. Deutsche Bank AG bought a new position in Build-A-Bear Workshop in the 4th quarter worth $219,000. Finally, Cutter & CO Brokerage Inc. bought a new position in Build-A-Bear Workshop in the 2nd quarter worth $513,000. Hedge funds and other institutional investors own 62.24% of the company’s stock.

About Build-A-Bear Workshop

Build-A-Bear Workshop, Inc operates as a specialty retailer of plush animals and related products. The company operates through three segments: Direct-to-Consumer, International Franchising, and Commercial. Its merchandise comprises a range of styles of stuffed animals; clothing, shoes, and accessories for the stuffed animals; and other toy and novelty items.

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