Buffalo Wild Wings 4Q net earnings drop 38.2%

(NASDAQ:BWLD) stock ended Tuesday session in the red zone in a volatile trading. The company's 50-day moving average is $153.89 and its 200-day moving average is $156.74. The company has a market capitalization of $2.73 billion, a P/E ratio of 26.95 and a beta of 0.96.

In the call with analysts, Alexander Ware, the company's chief financial officer, said executives and external advisers in recent weeks studied a variety of restaurant portfolio options, including the 90 percent franchisee model sought by McGuire.

To turn things around, Buffalo Wild Wings plans to cut costs. CLSA cut shares of Buffalo Wild Wings from an "underperform" rating to a "sell" rating in a research report on Tuesday, January 31st. The 52-week high of Buffalo Wild Wings, Inc. Three analysts have rated the stock with a sell rating, seventeen have issued a hold rating and nine have issued a buy rating to the company's stock. The shares were sold at an average price of $163.90, for a total value of $85,228.00. It also anticipates that chicken wing inflation will range from 3.5 percent to 4.5 percent during the year. The stock was sold at an average price of $166.59, for a total transaction of $333,180.00.

Marcato announced in December that it was entering talks with the company's franchise owners, saying they could have better access to innovations and grow more if the hedge fund's ideas were implemented. The disclosure for this sale can be found here. The stock closed down 1.35 points or 0.89% at $149.8 with 1,082,428 shares getting traded. Insiders own 1.19% of the company's stock. Buffalo Wild Wings said it earned $15.6 million, or 87 cents a share, in the quarter, compared with $25 million, or $1.32 a share, in the year-ago period. Expect increased sales in the current quarter as well. Following the completion of the sale, the vice president now owns 5,350 shares of the company's stock, valued at approximately $876,865. Canaccord Genuity boosted their target price on Buffalo Wild Wings from $150.00 to $175.00 and gave the company a "hold" rating in a research note on Monday, December 5th.

Zacks provides the average brokerage recommendation (ABR) for thousands of stocks for institutions and retail investors alike.

But this also raises the question: Is Buffalo Wild Wings poised to beat expectations when it reports tomorrow? Champlain Investment Partners LLC now owns 235,272 shares of the company's stock worth $32,691,000 after buying an additional 45,185 shares in the last quarter. Laurion Capital Management LP bought a new stake in Buffalo Wild Wings during the third quarter worth about $211,000.

BWLD noted that same-store sales fell 4.0% at company-owned restaurants and 3.9% at franchised restaurants.

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