Published: Tue, November 14, 2017
Finance | By Claude Patterson

Buffalo Wild Wings (BWLD) Receives Takeover Offer From Roark Capital

Buffalo Wild Wings (BWLD) Receives Takeover Offer From Roark Capital

The most current P/E ratio is 37.45 and market cap is 2.23B. Buffalo Wild Wings earned a daily sentiment score of 0.19 on Accern's scale. The original version of this piece can be read at https://www.dispatchtribunal.com/2017/11/14/barclays-plc-boosts-buffalo-wild-wings-inc-bwld-price-target-to-133-00.html. Buffalo Wild Wings had a return on equity of 21.39% and a net margin of 3.17%. The stock has been on a downturn since late May, but picked up some steam in late October, retaking its 50-day line, on the heels of a better-than-anticipated quarterly report and profit guidance lift. Canaccord Genuity cut their price target on shares of Buffalo Wild Wings from $160.00 to $135.00 and set a hold rating for the company in a report on Friday, July 7th. The company had revenue of $496.70 million during the quarter, compared to analyst estimates of $500.97 million.

News of the potential deal, which would top $150 on a per-share basis, sent the stock up as much as 28 percent to $149.70 in early trading. Deutsche Bank AG reissued a buy rating and issued a $180.00 price target on shares of Buffalo Wild Wings in a report on Wednesday, June 28th. The value of the investment in (BWLD) increased from $1,140,000 to $13,001,000 a change of 1,040.4% for the reporting period.

ILLEGAL ACTIVITY NOTICE: "Buffalo Wild Wings' (BWLD) Hold Rating Reiterated at Mizuho" was originally reported by TrueBlueTribune and is the sole property of of TrueBlueTribune. If you are viewing this piece of content on another site, it was stolen and republished in violation of USA and worldwide copyright legislation. The restaurant chain was worth $1.8 billion as at the market close on Monday. Dimensional Fund Advisors LP increased its stake in shares of Buffalo Wild Wings by 3.1% in the 2nd quarter. Prudential Financial Inc. increased its holdings in Buffalo Wild Wings by 7.6% in the 1st quarter. Hedge funds and other institutional investors own 89.14% of the company's stock. Accern also assigned news headlines about the restaurant operator an impact score of 46.0649681841039 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next few days. Its investment stood at $51,367,000 a decrease of 11.6% as of quarter end. Marcato had accused Buffalo Wild Wings of ripping off franchisees, and nominated three directors to its board. 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.

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