More bidding on Buffalo Wild Wings?

More bidding on Buffalo Wild Wings?

Shares in the chicken wings chain surged almost 28 percent after the news broke.

Shares of Buffalo Wild Wings soared in after-hours trading Monday after a report that private-equity firm Roark Capital Group was offering a deal for the chicken wing chain.

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.

The company raised its forecast for full-year earnings when it reported third-quarter results late in October.

Representatives for Buffalo Wild Wings didn't immediately respond to requests for comment. The value of the investment in Buffalo Wild Wings decreased from $347,000 to $208,000 a change of 40.1% since the last quarter.

On October 27 Mizuho kept the company rating at "Hold" targeting a price of $120.00. The business had revenue of $496.70 million during the quarter, compared to the consensus estimate of $500.97 million. Buffalo Wild Wings's quarterly revenue was up.5% on a year-over-year basis. Longbow Research upgraded Buffalo Wild Wings from an underperform rating to a neutral rating in a report on Thursday, July 6th. Two research analysts have rated the stock with a sell rating, eighteen have given a hold rating and seven have assigned a buy rating to the stock. The restaurant operator reported $1.36 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.79 by $0.57. Barclays PLC lifted their target price on Buffalo Wild Wings from $128.00 to $133.00 and gave the stock an "overweight" rating in a research report on Thursday, October 26th. If you are reading this piece on another domain, it was illegally copied and reposted in violation of USA and global copyright & trademark law. Credit Agricole S A purchased a new stake in Buffalo Wild Wings during the 1st quarter valued at approximately $424,000. OppenheimerFunds Inc. now owns 3,595 shares of the restaurant operator's stock worth $549,000 after acquiring an additional 1,082 shares in the last quarter. Quantbot Technologies Lp now holds 3,605 shares with a value of $381,000. Wells Fargo & Company/mn now owns 1,972 shares valued at $208,000. Institutional investors and hedge funds own 89.14% of the company's stock. Marcato had accused Buffalo Wild Wings of ripping off franchisees, and nominated three directors to its board.

Related News:



Most liked

Mobile's affordable REVVL smartphone costs only $125
It will go on sale beginning November 17 in stores nationwide and online in a special edition black and magenta color scheme. To remind you, T-Mobile Revvl, which was launched in August this year, is now sold for $6 down and $6 per month with EIP.

India lose to Bangladesh, knocked out of U-19 Asia Cup
Ghosh then combined with Mohammad Tawhid Hridoy to take his side to victory with an unbroken 83-run stand for the fourth wicket. Earlier Bangladeshi bowlers managed to pick wickets at regular interval and India's Salman Khan top-scored with an unbeaten 39.

Sri Lanka dream of first-ever Test victory on Indian soil
Rahane was seen playing a lot of sweep shots on Monday including the unorthodox reverse sweep against the spinners. Samaraweera spoke to each of them individually and they later headed for a shadow practice session.

Sun Pharma net profit falls 59% to Rs 912 crore in Q2
Profit came in at Rs912 crore in the quarter ended 30 September, compared with Rs2,235 crore a year ago, the company said. The shares of Sun Pharmaceutical Industries closed today at Rs 526.15 on BSE, down 1.19 per cent from previous close.

China October coal output climbs year-on-year ahead of heating season
The economy was resilient in the first half partly due to a government-led infrastructure spending spree. Economic growth is within a reasonable range, Liu Aihua, a spokeswoman at NBS, told reporters.

Saif Ali Khan's Special Gift For Taimur Ali Khan On Children's Day
Of how he plans to make Children's Day celebration special for his kids, Saif said: "I think every day is Children's Day". Saif Ali Khan recently bought a Rs 1.3 crore Jeep. "He would also like the colour, so this vehicle will be for him".

Digital growth drives 'positive' Q3 for Ladbrokes Coral
Marketwatch.com's news article titled: "133.00" with publication date: November 04, 2016 was also an interesting one. Ladbrokes Coral Group PLC has a 12-month low of GBX 110.30 ($1.45) and a 12-month high of GBX 139.30 ($1.83).

US FDA approves first drug with digital ingestion tracking system
If a patient opts to allow it, the patient's caregivers and doctor can access the data online, too. Skin irritation at the site of the MyCite patch placement may also occur.

OnePlus accused of leaving a backdoor to give root access
A malicious app or malware that is built around this loophole would potentially be able to target OnePlus devices and wreck havoc. Following the allegations, OnePlus took some steps, and added the new "opt-in" option for the user experience program.

Childrens' toys can be hacked
This meant that during tests a hacker did not need a password, PIN code or any other authentication to get access. Spiral Toys declined to comment to Which? in relation to Toy-Fi Teddy and Cloud Pets.

Vodafone says rebounds into first-half net profit
FCF pre-spectrum is expected to exceed 5 billion euros, which was previously guided to be around 5 billion euros. Vodafone had taken an impairment of 5.0 billion euros on its Indian activities in the first half of 2016.

Ronaldo asks to leave Real Madrid after two factors irk Portuguese star
But that the request was unequivocally rejected - and that has only worked to worsen the superstar's anger towards the club. Cristiano Ronaldo has chose to leave Real Madrid at the end of the season, according to reports in Spain .

Yemen blockade: aid supplies stuck in Djibouti
Stocks of diesel and petrol are running out in parts of Yemen because of the blockade, while the prices of basic goods have skyrocketed.

Body found in Tampa neighborhood where 3 others fatally shot
Although he is not thought to be a suspect, officials believe the person of interest might have been within range of the murder. The killings began on October 9, when 22-year-old Benjamin Mitchell was shot and killed in front of his home, CNN reported .

Old £10 Note Cut-Off Date Revealed By The Bank Of England
Old notes can still be spent before this cut-off date and exchanged at the Bank once this point has passed. The Jane Austen notes have a number of features built in that make them particularly hard to forge.