CREDIT SUISSE: A takeover won't save Buffalo Wild Wings (BWLD)

Buffalo Wild Wings, Inc. - BWLD - Stock Price Today - Zacks

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). Teachers Advisors LLC now owns 48,169 shares of the restaurant operator's stock valued at $7,358,000 after buying an additional 1,695 shares in the last quarter. The value of the investment in Buffalo Wild Wings decreased from $1,330,000 to $381,000 a change of $949,000 for the reporting period. Buffalo Wild Wings's revenue for the quarter was up.5% on a year-over-year basis. equities research analysts anticipate that Buffalo Wild Wings will post 4.98 EPS for the current year. Buffalo Wild Wings has a one year low of $95.00 and a one year high of $175.10. This represents a change from the opening price of -3.00%. Falling ROA is nearly always a problem, but investors and analysts should bear in mind that the ROA does not account for outstanding liabilities and may indicate a higher profit level than actually derived. The restaurant operator reported $1.36 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.79 by $0.57.

Buffalo Wild Wings raised its earnings forecast last month.

Even with the potential for a $2.3 billion takeover offer from Roark Capital, the restaurant still has to sell a lot of wings with attractive margins to turn a profit. If you are viewing this piece on another site, it was illegally stolen and reposted in violation of USA & worldwide trademark & copyright laws. The correct version of this piece can be read at

A number of hedge funds have recently made changes to their positions in the stock. As of the end of the quarter Alliancebernstein L.P. had disposed of 180,783 shares trimming its stake by 27.6%.

As of the end of the quarter Davidson Investment Advisors had bought a total of 50,606 shares growing its holdings by 37,485.9%. The value of the investment in BWLD went from $311,000 to $225,000 a change of 27.7% since the last quarter.

Stocks in the Spotlight: Buffalo Wild Wings, Inc., (NASDAQ: BWLD), Nxstage Medical, Inc., (NASDAQ: NXTM), Delek US ... 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.

Buffalo Wild Wings, Inc is the owner, operator and franchisor of restaurants. 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.

Related News: