Extremely significant positive changes in Build-A-Bear Workshop Inc (NYSE: BBW) investment behavior have recently occurred: its longer term price trend turned up, the stock’s recent price rise disrupted its longer term downtrend, positive upside/downside volume developed, and its shorter term price trend turned up.
Positive development: the stock’s power rating rose above 70. Negative development: significant quarterly earnings deceleration occurred.
In light of these very positive signals we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
BBW is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Build-A-Bear Workshop has a current Value Trend Rating of A (Highest Rating). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Build-A-Bear Workshop has a good Power Rating of 73 and a good Appreciation Score of 76, resulting in the Highest Value Trend Rating.
Recent Price Action
On 8/20/24, Build-A-Bear Workshop Inc (NYSE: BBW) stock declined modestly by -1.2%, closing at $27.72. However, normal trading volume at 83% of normal accompanied the decline. Relative to the market the stock has been strong over the last nine months and has risen 9.0% during the last week.
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