Buffalo Wild Wings (BWLD) in Focus: Stock Moves 23.9% Higher

Buffalo Wild Wings, Inc. BWLD 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, 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 >>


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Buffalo Wild Wings, Inc. (BWLD) : Free Stock Analysis Report
 
Arcos Dorados Holdings Inc. (ARCO) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research