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Buffalo Wild Wings (BWLD) in Focus: Stock Tumbles 13.2%
July 31, 2014

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Buffalo Wild Wings Inc. (BWLD - Free Report) saw a big move last session, as the company’s shares fell by over 13% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading below the volatile price range of $150.63 to $167.15 in the past one-month time frame.
Although this slump was obviously disappointing, the company operating restaurants has seen 5 positive revisions and its current year earnings consensus has moved higher over the past few weeks. This suggests that the recent slump might be a temporary blip on the radar for BWLD. So make sure to keep an eye on this stock going forward to see if yesterday’s price decline is confirmed by more weakness, or if it can rebound in the weeks ahead.
BWLD currently has a Zacks Rank #3 (Hold).
Some better-ranked stocks in the same industry include BJ's Restaurants, Inc. (BJRI - Free Report) , Chipotle Mexican Grill, Inc. (CMG - Free Report) and Domino's Pizza, Inc. (DPZ - Free Report) . While BJ's Restaurants and Chipotle carry a Zacks Rank #1 (Strong Buy), Domino's holds a Zacks Rank #2 (Buy).
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