We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Buffalo Wild Wings (BWLD) in Focus: Stock Moves 23.9% Higher
Read MoreHide Full Article
Buffalo Wild Wings, Inc. was a big mover last session, as the company saw its shares rise nearly 24% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company—as the stock is now up 42% in the past one-month time frame.
The stock gained after reports that the company had received a buyout bid from Roark Capital, a private equity investment company.
The company has seen five positive estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few weeks, suggesting that more solid trading could be ahead for Buffalo Wild Wings. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
Is BWLD going up? Or down? Predict to see what others think: Up or Down
The Hottest Tech Mega-Trend of All
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
Image: Bigstock
Buffalo Wild Wings (BWLD) in Focus: Stock Moves 23.9% Higher
Buffalo Wild Wings, Inc. was a big mover last session, as the company saw its shares rise nearly 24% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company—as the stock is now up 42% in the past one-month time frame.
The stock gained after reports that the company had received a buyout bid from Roark Capital, a private equity investment company.
The company has seen five positive estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few weeks, suggesting that more solid trading could be ahead for Buffalo Wild Wings. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
Buffalo Wild Wings, Inc. Price
Buffalo Wild Wings, Inc. Price | Buffalo Wild Wings, Inc. Quote
Buffalo Wild Wings currently has a Zacks Rank #3 (Hold) while its Earnings ESPis 0.00%.
A better-ranked stock in the Retail-Wholesale sector is Arcos Dorados Holdings Inc. (ARCO - Free Report) , which currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Is BWLD going up? Or down? Predict to see what others think: Up or Down
The Hottest Tech Mega-Trend of All
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
See Zacks' 3 Best Stocks to Play This Trend >>