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Buffalo Wild Wings has received a Takeover Offer from Roark Capital

Buffalo Wild Wings has received a Takeover Offer from Roark Capital

Bloomberg reports that Roark's offer was made on October 13 at a 48% premium to the share price of Buffalo Wild Wings on that date.

So Buffalo Wild Wings may still be a company that, like a defensive back struggling to cover a star wide receiver, gets a lot of penalty flags from Wall Street. On October 26 Wedbush held the stock rating at "In-Line" projecting a price of $115.00. (NASDAQ:BWLD) shares are seeing unusual volume mid-trading session today. 991,500 shares of the stock traded hands, compared to its average volume of 508,426. Barclays PLC boosted their price target on Buffalo Wild Wings from $128.00 to $133.00 and gave the company an "overweight" rating in a research note on Thursday, October 26th. The Earnings Yield Five Year average for Buffalo Wild Wings, Inc.

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But a Buffalo Wild Wings acquisition would just be the latest deal in what's been an incredibly busy year for restaurant mergers. Its quick ratio for the most recent quarter is 0.60. Buffalo Wild Wings has a 1 year low of $95.00 and a 1 year high of $175.10. The restaurant operator reported $1.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.79 by $0.57. Buffalo Wild Wings had a return on equity of 21.39% and a net margin of 3.17%. The firm had revenue of $496.70 million for the quarter, compared to analysts' expectations of $500.97 million. The value of the investment in BWLD went from $311,000 to $225,000 a change of 27.7% since the last quarter.

Same-store sales, which measure the performance at the company's locations open at least a year, fell 2.3% from a year ago at the company-owned restaurants and were down 3.2% at franchise-run locations. On October 26 analysts at BMO Capital Markets released research on BWLD stating a rating of "Hold" and price target of $120.00. If you are accessing this piece of content on another publication, it was copied illegally and republished in violation of United States and worldwide trademark and copyright laws. If you are viewing this piece of content on another site, it was stolen and republished in violation of US and global copyright legislation. This number is based on a 1 to 5 scale where 1 indicates a Strong Buy recommendation while 5 represents a Strong Sell. The restaurant chain was worth $1.8 billion as at the market close on Monday. The Value Composite Two of Buffalo Wild Wings, Inc. Its investment was valued at $51,367,000 a decrease of $6,744,000 as of quarter end. Finally, Teachers Advisors LLC grew its holdings in Buffalo Wild Wings by 3.6% during the 1st quarter. As of quarter end Ubs Asset Management Americas Inc had bought a total of 114 shares growing its holdings by 1,266.7%. Most company stocks have very little volatility. Marcato wants Buffalo Wild Wings to expand its franchising efforts, while management had resisted that notion.