Analysts have a mean recommendation of 2.60 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range).
October 27 investment analysts at Mizuho kept the stock rating at "Hold" targeting a price of $120.00. Wedbush also issued estimates for Buffalo Wild Wings' Q1 2018 earnings at $1.53 EPS, Q2 2018 earnings at $1.87 EPS, Q3 2018 earnings at $1.56 EPS and Q4 2018 earnings at $1.37 EPS. If you are accessing this piece on another site, it was illegally copied and republished in violation of global copyright and trademark laws. The original version of this article can be viewed at https://weekherald.com/2017/11/13/buffalo-wild-wings-inc-bwld-downgraded-by-zacks-investment-research-to-sell.html. Buffalo Wild Wings presently has an average rating of "Hold" and an average target price of $134.67. 991,500 shares changed hands during mid-day trading, an increase of 95% from the previous session's volume of 508,426 shares.The stock last traded at $117.25 and had previously closed at $118.85. Wells Fargo & Company/mn now owns 1,972 shares valued at $208,000. On October 26, 2017 BMO Capital Markets updated guidance on BWLD and giving a rating of "Hold" and projecting a price target of $120.00.
Several institutional investors and hedge funds have recently added to or reduced their stakes in BWLD. The value of the total investment in Buffalo Wild Wings went from $83,023,000 to $50,153,000 decreasing 39.6% since the last quarter. Equity analyst Maxim Group raised the price target on October 26 changing the price objective from $145.00 to $160.00 with a rating of "Buy".
Representatives for Buffalo Wild Wings didn't immediately respond to requests for comment. The company has a debt-to-equity ratio of 1.60, a quick ratio of 0.61 and a current ratio of 0.70. Koch Industries Inc. purchased a new stake in Buffalo Wild Wings during the 2nd quarter worth about $618,000. Pacad Investment Ltd. grew its stake in Buffalo Wild Wings by 23.7% during the 2nd quarter. As of quarter end Ubs Asset Management Americas Inc had bought a total of 114 shares growing its holdings by 1,266.7%. Lenox Wealth Management Inc. now owns 3,939 shares of the restaurant operator's stock worth $416,000 after purchasing an additional 463 shares in the last quarter. Finally, Teachers Advisors LLC boosted its stake in shares of Buffalo Wild Wings by 142.0% during the second quarter.
"Buffalo Wild Wings could be appealing to Roark because of the brand's dominant positioning among sports-bars, potential to improve company-owned restaurant performance with better execution, and stable base of franchise income", O'Cull wrote. 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.