Buffalo Wild Wings, Inc.

Buffalo Wild Wings, Inc.'s (BWLD - Analyst Report) share price has been rallying since the company reported strong fourth-quarter results on Feb 11. First-quarter results are set to hit the Street Apr 28.

Company Description

Buffalo Wild Wings, Inc. owns and franchises over 525 restaurants in the United States, having developed a reputation for its variety of innovative sauces. Buffalo Wild Wings is headquartered in Minneapolis, but was originally founded near Ohio State University in 1982. The company has over 800 full-time employees and carries a market cap of almost $670 million.

Buffalo Wild Wings' share price has been surging ahead of its first-quarter earnings announcement, scheduled for Apr 28. If the company's fourth-quarter results, reported on Feb 11, are any indication, shareholders should be pleased.

Fourth-Quarter Results

Revenue was up 33% from last year to $121 million. Income was up 29%, coming in at $7.7 million, producing earnings of 43 cents, 4 cents ahead of the consensus estimate.

Estimates

Estimates have held steady going into the upcoming earnings release, with the current-year standing at $1.67 per share and the next-year pegged at $2.07, a 24% earnings growth projection.

Valuation

Based upon the current-year estimate, this stock has forward P/E multiple of 22X. a premium to the overall market.

The Chart

Shares of BWLD have been surging since the company's solid fourth-quarter results hit the street, jumping from $21.50 to a recent high just above $38, where some resistance has developed. Take a look below.