BidaskClub downgraded shares of Buffalo Wild Wings (NASDAQ:BWLD) from a sell rating to a strong sell rating in a research report report published on Tuesday morning.

Several other research analysts have also weighed in on the company. Zacks Investment Research lowered Buffalo Wild Wings from a hold rating to a sell rating in a research report on Tuesday, January 2nd. Dougherty & Co lowered Buffalo Wild Wings from a buy rating to a neutral rating in a research report on Friday, December 1st. Guggenheim lowered Buffalo Wild Wings from a buy rating to a neutral rating in a research report on Wednesday, November 29th. Mizuho set a $157.00 target price on Buffalo Wild Wings and gave the stock a hold rating in a research report on Tuesday, November 28th. Finally, Robert W. Baird set a $157.00 target price on Buffalo Wild Wings and gave the stock a hold rating in a research report on Tuesday, November 28th. Three research analysts have rated the stock with a sell rating, twenty-three have issued a hold rating and three have issued a buy rating to the company. The company presently has an average rating of Hold and a consensus target price of $144.67.

Shares of Buffalo Wild Wings (NASDAQ BWLD) traded up $0.05 during mid-day trading on Tuesday, reaching $156.80. The company’s stock had a trading volume of 454,877 shares, compared to its average volume of 662,018. The company has a debt-to-equity ratio of 1.60, a quick ratio of 0.61 and a current ratio of 0.70. Buffalo Wild Wings has a 12 month low of $95.00 and a 12 month high of $165.70. The firm has a market cap of $2,430.00, a price-to-earnings ratio of 40.83, a P/E/G ratio of 1.72 and a beta of 0.90.

Buffalo Wild Wings (NASDAQ:BWLD) last issued its earnings results on Wednesday, October 25th. The restaurant operator reported $1.36 earnings per share for the quarter, topping the consensus estimate of $0.79 by $0.57. Buffalo Wild Wings had a return on equity of 21.39% and a net margin of 3.17%. The company had revenue of $496.70 million for the quarter, compared to analyst estimates of $500.97 million. During the same period in the prior year, the firm posted $1.23 EPS. The business’s revenue was up .5% compared to the same quarter last year. sell-side analysts forecast that Buffalo Wild Wings will post 4.99 earnings per share for the current fiscal year.

In other Buffalo Wild Wings news, Director International Master F. Marcato sold 987,284 shares of the firm’s stock in a transaction that occurred on Thursday, November 30th. The stock was sold at an average price of $155.57, for a total value of $153,591,771.88. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director International Master F. Marcato bought 950,000 shares of the stock in a transaction on Tuesday, December 19th. The stock was acquired at an average cost of $156.60 per share, for a total transaction of $148,770,000.00. The disclosure for this purchase can be found here. Company insiders own 1.19% of the company’s stock.

Several hedge funds have recently made changes to their positions in the business. Nisa Investment Advisors LLC lifted its position in shares of Buffalo Wild Wings by 65.6% in the 4th quarter. Nisa Investment Advisors LLC now owns 6,310 shares of the restaurant operator’s stock worth $987,000 after acquiring an additional 2,500 shares during the period. 3G Capital Partners LP bought a new stake in shares of Buffalo Wild Wings in the 3rd quarter worth approximately $30,290,000. Lenox Wealth Management Inc. lifted its position 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 worth $416,000 after acquiring an additional 463 shares during the period. Prospector Partners LLC lifted its position 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 worth $8,289,000 after acquiring an additional 6,310 shares during the period. Finally, Segall Bryant & Hamill LLC lifted its position 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 worth $11,257,000 after acquiring an additional 4,282 shares during the period. Institutional investors own 92.28% of the company’s stock.

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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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