Buffalo Wild Wings Soars on Report That Roark Capital Made Offer

Buffalo Wild Wings Soars on Report That Roark Capital Made Offer

The Roark proposal was made on October 13 at a 48 percent premium to Buffalo Wild Wings's share price at the time, according to the person familiar with the situation.

Stocks in the Spotlight: Buffalo Wild Wings, Inc., (NASDAQ: BWLD), Nxstage Medical, Inc., (NASDAQ: NXTM), Delek US ... The company now has a consensus rating of "Hold" and an average target price of $131.57. 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.

Shares of Buffalo Wild Wings (BWLD) traded down $1.60 during midday trading on Tuesday, reaching $117.25.

Then, late last month, B-Dubs stock soared after its third-quarter 2017 results crushed expectations with the help of those initiatives. Equity analyst BMO Capital Markets issued a report on BWLD with a rating of "Hold" and a price target of $120.00.

Nintendo Is Finally Making Another Super Mario Bros. Movie
WSJ reports that talks have been complicated by Nintendo's desire to be heavily involved in the filmmaking process. It's important to note that a deal is not yet done, and both Nintendo and Universal have declined to comment.

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. Buffalo Wild Wings had a net margin of 3.17% and a return on equity of 21.39%. OppenheimerFunds Inc. grew its holdings in Buffalo Wild Wings by 43.1% during the 1st quarter.

COPYRIGHT VIOLATION WARNING: "Somewhat Positive News Coverage Somewhat Unlikely to Affect Buffalo Wild Wings (BWLD) Stock Price" was posted by Dispatch Tribunal and is owned by of Dispatch Tribunal. The business's revenue was up.5% compared to the same quarter last year. research analysts anticipate that Buffalo Wild Wings will post 4.98 EPS for the current year. The legal version of this article can be accessed at https://weekherald.com/2017/11/13/buffalo-wild-wings-bwld-in-line-rating-reaffirmed-at-wedbush.html. If you are reading this article on another publication, it was stolen and republished in violation of United States and global copyright & trademark legislation.

Here are some institutional investors who have increased or decreased their stake in (BWLD). Koch Industries Inc. purchased a new stake in Buffalo Wild Wings in the second quarter worth $618,000. LS Investment Advisors LLC lifted its holdings in shares of Buffalo Wild Wings by 9.1% in the 2nd quarter. Wellington Management Group LLP now owns 79,266 shares of the restaurant operator's stock valued at $12,108,000 after buying an additional 18,141 shares in the last 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. Marcato wants Buffalo Wild Wings to expand its franchising efforts, while management had resisted that notion. 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.

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