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etvfutures.com November 22, 2017


Buffalo Wild Wings' (BWLD) Hold Rating Reaffirmed at Wedbush

15 November 2017, 01:22 | Cesar Cruz

Buffalo Wild Wings: Analysts Assess the Other Kind of Takeout

Screen Shot 2017 11 13

Buffalo Wild Wings popped more than 24% on reports of a takeover offer from Roark Capital Group.

ILLEGAL ACTIVITY WARNING: "Buffalo Wild Wings, Inc".

Roark's offer of more than $150 per share was a premium of at least 28 percent to the fast-food chain's close on Monday. The company's stock had a trading volume of 517,270 shares, compared to its average volume of 809,478. (NASDAQ:BWLD)'s stock about 14.73% from the 50-day high and 54.53% away from the 50-day low. The stock has a market capitalization of $1,814.13, a P/E ratio of 27.01, a P/E/G ratio of 1.43 and a beta of 0.79. 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 had a net margin of 3.17% and a return on equity of 21.39%. Among the stocks making big moves are restaurant chain Buffalo Wild Wings (NASDAQ:BWLD), entertainment streaming service Roku Inc (NASDAQ:ROKU), and technology infrastructure concern Switch Inc (NYSE:SWCH). 991,500 shares of the company's stock were exchanged, compared to its average volume of 508,426.

"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. Two research analysts have rated the stock with a sell rating, eighteen have given a hold rating and seven have assigned a buy rating to the stock.

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Buffalo Wild Wings (NASDAQ:BWLD) last issued its quarterly earnings results on Wednesday, October 25th. During the same quarter in the prior year, the business posted $1.23 earnings per share.

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Here are some institutional investors who have increased or decreased their stake in (BWLD). Dimensional Fund Advisors LP lifted its stake in Buffalo Wild Wings by 6.0% in the third quarter. Over the past month the firm's stock is 14.56%, 6.83% for the last quarter, -25.65% for the past six-months and -27.58% for the previous year. Wellington Management Group LLP grew its holdings in Buffalo Wild Wings by 29.7% during the 1st quarter. Prudential Financial Inc. now owns 12,486 shares of the restaurant operator's stock worth $1,907,000 after acquiring an additional 886 shares in the last quarter. Marcato had accused Buffalo Wild Wings of ripping off franchisees, and nominated three directors to its board.



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