Friday, 17 November, 2017

Buffalo Wild Wings Gets $2.3 Billion-Plus Buyout Bid From Roark Capital

Buffalo Wild Wings Analysts Assess the Other Kind of Takeout Illustration Getty Images iStock
Conrad Doyle | 14 November, 2017, 18:58

They now have a $120.00 price objective on the restaurant operator's stock.

BWLD has been the topic of several other reports. Oppenheimer Holdings, Inc. reissued a "buy" rating and set a $135.00 price target on shares of Buffalo Wild Wings in a research report on Friday, September 15th. UBS AG reissued a "buy" rating and set a $175.00 price target on shares of Buffalo Wild Wings in a research report on Monday, July 10th.

Shares of Buffalo Wild Wings spiked almost 30% after the close on the stock market today, after ending Monday's session down 1.4% at 117.25. Maxim Group raised the price target of the stock on October 26 boosting the projection from $145.00 to $160.00 and issued a "Buy" recommendation. The stock has "Hold" rating by Jefferies on Friday, June 2. The company has a market cap of $1,843.63, a P/E ratio of 27.45, a P/E/G ratio of 1.46 and a beta of 0.79. The company has a current ratio of 0.70, a quick ratio of 0.61 and a debt-to-equity ratio of 1.60. Buffalo Wild Wings earned a daily sentiment score of 0.19 on Accern's scale. Buffalo Wild Wings has a fifty-two week low of $95.00 and a fifty-two week high of $175.10.

Investors are feeling more bearish on Buffalo Wild Wings as shown by the change in short interest.

The company raised its forecast for full-year earnings when it reported third-quarter results late in October. The firm had revenue of $496.70 million for the quarter, compared to analysts' expectations of $500.97 million. Voya Invest Mgmt Limited Com stated it has 0% of its portfolio in Buffalo Wild Wings (NASDAQ:BWLD). It has underperformed by 5.50% the S&P500.The move comes after 8 months positive chart setup for the $2.27B company. As of the latest earnings report the EPS was $3.84 with 15.51M shares now outstanding.

Alpine Associates Management Inc increased Time Warner Inc (TWX) stake by 2003.27% reported in 2017Q2 SEC filing. If you are accessing this piece on another domain, it was illegally stolen and reposted in violation of USA & worldwide copyright and trademark legislation. The legal version of this piece of content can be viewed at https://stocknewstimes.com/2017/11/13/buffalo-wild-wings-inc-bwld-given-a-120-00-price-target-at-bmo-capital-markets.html.

A number of institutional investors have recently added to or reduced their stakes in BWLD. Prudential Financial Inc. increased its holdings in Buffalo Wild Wings by 7.6% in the 1st quarter. Short interest grew from 1,787,933 to 1,903,082 over that timeframe. As of the end of the quarter Amalgamated Bank had disposed of a total of 326 shares trimming its stake by 13.3%. Finally, Gotham Asset Management LLC bought a new position in shares of Buffalo Wild Wings in the 2nd quarter valued at $5,092,000. Teachers Advisors LLC now owns 48,169 shares of the restaurant operator's stock worth $7,358,000 after acquiring an additional 1,695 shares in the last quarter.

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