Is Blue Buffalo Pet Products, Inc. (BUFF) a good buy?

Paterniano Del Favero
Agosto 11, 2017

Equities research analysts expect that Blue Buffalo Pet Products will post $0.92 earnings per share for the current fiscal year. First Mercantile Trust Co. now owns 7,539 shares of the company's stock valued at $172,000 after buying an additional 1,693 shares in the last quarter. Finally, Renaissance Technologies LLC raised its stake in shares of Blue Buffalo Pet Products by 88.5% in the first quarter. Zacks Investment Research cut shares of Blue Buffalo Pet Products from a "buy" rating to a "hold" rating in a research report on Thursday, May 11th. NGAM Advisors L.P. raised its position in shares of Blue Buffalo Pet Products by 0.4% in the second quarter. If you are reading this piece on another domain, it was stolen and reposted in violation of U.S. and global trademark and copyright laws. MA now owns 2,066,507 shares of the company's stock valued at $47,530,000 after buying an additional 1,202,040 shares in the last quarter. Imperial Capital assumed coverage on Blue Buffalo Pet Products in a research report on Wednesday, June 28th. They issued a "neutral" rating and a $23.00 price target for the company. Nationwide Fund Advisors increased its stake in Blue Buffalo Pet Products by 8.7% in the second quarter. They set an "outperform" rating and a $30.00 price target for the company. Oppenheimer Holdings also issued estimates for Blue Buffalo Pet Products' FY2017 earnings at $0.89 EPS and FY2018 earnings at $0.97 EPS. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating, six have given a buy rating and one has given a strong buy rating to the stock. While the company's share hit the 52 week high on 08/11/16 stationing the value of $27.50.

Blue Buffalo Pet Products, Inc.'s average Book Value per Share Growth Rate was 307.5 percent during the past 12 months. Argent Capital Management LLC raised its position in shares of Blue Buffalo Pet Products by 2.5% in the first quarter. (BUFF) is expected to post revenue of $314.02 Million in the current quarter, according to consensus of 7 analysts. Susquehanna Bancshares Inc reaffirmed a "buy" rating and set a $30.00 price target (down from $32.00) on shares of Blue Buffalo Pet Products in a research report on Monday. The stock closing price is now trading downward to its 50 day moving average with change of -0.25%, tumbled to its 20 day moving average with figure of -2.58% and above its 200 day moving average with value 2.18%. The Average Volume of the company is 1.49 Million, while the Volume of the company in the last trading session was 8.09 Billion. (NASDAQ:BUFF) established that the company was able to keep return on investment at 26.06 in the trailing twelve month while Reuters data showed that industry's average stands at 12.59 and sector's optimum level is 65.84. The company has a market capitalization of $4.45 billion, a price-to-earnings ratio of 31.76 and a beta of 1.95. The original version of this story can be accessed at https://www.baseball-news-blog.com/2017/08/10/acadian-asset-management-llc-acquires-204858-shares-of-blue-buffalo-pet-products-inc-nasdaqbuff-updated.html. This repurchase authorization allows the company to repurchase up to 1.2% of its shares through open market purchases.

Blue Buffalo Pet Products, Inc (BBPP) is a holding company. Shares repurchase plans are generally a sign that the company's management believes its stock is undervalued. Blue Buffalo Pet Products has an average rating of "Hold" and an average target price of $27.45. The Company, through its subsidiaries, develops, produces, markets and sells pet food under product lines, including BLUE Life Protection Formula, BLUE Wilderness, BLUE Basics, BLUE Freedom and BLUE Natural Veterinary Diet lines.

Altre relazioni OverNewsmagazine

Discuti questo articolo

SEGUI I NOSTRI GIORNALE