The Buffalo Wild Wings to Post Q2 2017 Earnings of $1.20 Per Share, Dougherty & Co Forecasts (BWLD)

The Buffalo Wild Wings to Post Q2 2017 Earnings of $1.20 Per Share, Dougherty & Co Forecasts (BWLD)

Buffalo Wild Wings (NASDAQ:BWLD) – Equities research analysts at Dougherty & Co decreased their Q2 2017 earnings per share estimates for shares of Buffalo Wild Wings in a research report issued to clients and investors on Thursday. Dougherty & Co analyst J. Hamblin now forecasts that the restaurant operator will earn $1.20 per share for the quarter, down from their prior estimate of $1.29.

BWLD has been the subject of a number of other research reports. Citigroup Inc reduced their price objective on Buffalo Wild Wings from $178.00 to $162.00 and set a “neutral” rating for the company in a research report on Monday, March 20th. Canaccord Genuity reissued a “hold” rating and set a $160.00 price objective on shares of Buffalo Wild Wings in a research report on Friday, February 24th. Telsey Advisory Group reduced their price objective on Buffalo Wild Wings from $170.00 to $162.00 and set an “outperform” rating for the company in a research report on Wednesday, February 8th. UBS Group AG raised Buffalo Wild Wings to a “buy” rating in a research report on Monday, May 15th. Finally, Robert W. Baird reissued an “outperform” rating and set a $170.00 price objective on shares of Buffalo Wild Wings in a research report on Wednesday, February 8th. Three equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and eight have issued a buy rating to the company. Buffalo Wild Wings has an average rating of “Hold” and an average price target of $161.53.

Shares of Buffalo Wild Wings (NASDAQ BWLD) opened at 152.35 on Monday. The firm’s 50-day moving average price is $156.06 and its 200 day moving average price is $156.70. Buffalo Wild Wings has a 52 week low of $133.34 and a 52 week high of $175.10. The firm has a market capitalization of $2.46 billion, a price-to-earnings ratio of 32.98 and a beta of 0.96. A number of institutional investors have recently modified their holdings of the stock. Tyers Asset Management LLC purchased a new position in shares of Buffalo Wild Wings during the fourth quarter valued at about $109,000. Public Employees Retirement System of Ohio raised its position in shares of Buffalo Wild Wings by 10.9% in the first quarter. Public Employees Retirement System of Ohio now owns 765 shares of the restaurant operator’s stock valued at $117,000 after buying an additional 75 shares in the last quarter. FNY Managed Accounts LLC purchased a new position in shares of Buffalo Wild Wings during the first quarter valued at about $130,000. Flinton Capital Management LLC purchased a new position in shares of Buffalo Wild Wings during the fourth quarter valued at about $138,000. Finally, Turner Investments LLC purchased a new position in shares of Buffalo Wild Wings during the fourth quarter valued at about $154,000. Hedge funds and other institutional investors own 92.00% of the company’s stock.

In related news, CEO Sally J. Smith sold 2,000 shares of the business’s stock in a transaction dated Wednesday, March 15th. The stock was sold at an average price of $150.00, for a total transaction of $300,000.00. Following the transaction, the chief executive officer now directly owns 46,073 shares in the company, valued at $6,910,950. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 1.19% of the company’s stock. Buffalo Wild Wings Company Profile

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.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “NASDAQ:BWLD”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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