Bed Bath & Beyond Inc. is a retailer, which operates under the names Bed Bath & Beyond (BBB), Christmas Tree Shops, Christmas Tree Shops andThat! or andThat! (collectively, CTS), Harmon or Harmon Face Values (collectively, Harmon), buybuy BABY (Baby) and World Market, Cost Plus World Market or Cost Plus (collectively, Cost Plus World Market). The Company operates in two segments: North American Retail and Institutional Sales. The Company sells a range of domestics merchandise and home furnishings. Domestics merchandise includes categories, such as bed linens and related items, bath items and kitchen textiles. Home furnishings include categories, such as kitchen and tabletop items, fine tabletop, basic housewares, general home furnishings, consumables and juvenile products. The Company operates approximately 1,530 stores plus its various Websites, other interactive platforms and distribution facilities.
Industry, Sector and Symbol:
- Sector: Retail/Wholesale
- Industry: Home Furnishings Retailers - NEC
- Sub-Industry: Homefurnishing Retail
- Symbol: NASDAQ:BBBY
- CUSIP: 07589610
- Web: www.bedbathandbeyond.com
- Market Cap: $3.83 billion
- Outstanding Shares: 140,696,000
- 50 Day Moving Avg: $29.29
- 200 Day Moving Avg: $35.62
- 52 Week Range: $26.96 - $48.83
Sales & Book Value:
- Trailing P/E Ratio: 6.26
- Foreward P/E Ratio: 6.96
- P/E Growth: 4.28
- Annual Revenue: $12.22 billion
- Price / Sales: 0.31
- Book Value: $19.00 per share
- Price / Book: 1.43
- Annual Dividend: $0.60
- Dividend Yield: 2.2%
- EBIDTA: $1.36 billion
- Net Margins: 5.22%
- Return on Equity: 24.38%
- Return on Assets: 9.34%
- Debt-to-Equity Ratio: 0.56%
- Current Ratio: 1.72%
- Quick Ratio: 0.32%
- Average Volume: 3.87 million shs.
- Beta: 1.13
- Short Ratio: 3.34
Frequently Asked Questions for Bed Bath & Beyond (NASDAQ:BBBY)
What is Bed Bath & Beyond's stock symbol?
Bed Bath & Beyond trades on the NASDAQ under the ticker symbol "BBBY."
How often does Bed Bath & Beyond pay dividends? What is the dividend yield for Bed Bath & Beyond?
Bed Bath & Beyond announced a quarterly dividend on Thursday, June 22nd. Shareholders of record on Friday, September 15th will be given a dividend of $0.15 per share on Tuesday, October 17th. This represents a $0.60 dividend on an annualized basis and a yield of 2.21%. The ex-dividend date of this dividend is Thursday, September 14th. View Bed Bath & Beyond's Dividend History.
How were Bed Bath & Beyond's earnings last quarter?
Bed Bath & Beyond Inc. (NASDAQ:BBBY) announced its quarterly earnings results on Thursday, June, 22nd. The company reported $0.58 earnings per share for the quarter, missing the consensus estimate of $0.66 by $0.08. The business earned $2.74 billion during the quarter, compared to analysts' expectations of $2.79 billion. Bed Bath & Beyond had a net margin of 5.22% and a return on equity of 24.38%. The company's revenue was up .1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.80 earnings per share. View Bed Bath & Beyond's Earnings History.
When will Bed Bath & Beyond make its next earnings announcement?
Where is Bed Bath & Beyond's stock going? Where will Bed Bath & Beyond's stock price be in 2017?
21 equities research analysts have issued twelve-month price targets for Bed Bath & Beyond's shares. Their forecasts range from $27.00 to $45.00. On average, they anticipate Bed Bath & Beyond's stock price to reach $35.38 in the next year. View Analyst Ratings for Bed Bath & Beyond.
What are analysts saying about Bed Bath & Beyond stock?
Here are some recent quotes from research analysts about Bed Bath & Beyond stock:
- 1. According to Zacks Investment Research, "Bed Bath & Beyond has underperformed the broader industry in the last one year. The company has been reeling under sluggish mall traffic, with increasing shift toward online shopping. Also, margins have been pressurized owing to increased costs. Expecting these factors to linger, the company provided a dismal earnings view for fiscal 2017. Apart from this, Bed Bath & Beyond's global presence keeps it exposed to the threat of adverse currency fluctuations. On the positive side, however, the company is focused on strategic initiatives like store expansion, eCommerce enhancement and improvement of customer services. Further, contributions from One King Lane should enable Bed Bath & Beyond to fight competition from e-commerce giants and boost results. Additionally, the company's recent dividend hike underscores its financial strength. Estimates have been stable of late, ahead of the company's first-quarter earnings." (6/12/2017)
- 2. Loop Capital analysts commented, "tepid" top-line growth in the coming year, along with a profitability margin deterioration. However, the stock's 10-percent decline since the start of 2017 and 16 percent loss over the past year implies a valuation currently "in line with our relatively bearish fundamental outlook." (5/12/2017)
Are investors shorting Bed Bath & Beyond?
Bed Bath & Beyond saw a decrease in short interest in July. As of July 14th, there was short interest totalling 15,727,224 shares, a decrease of 9.1% from the June 30th total of 17,296,874 shares. Based on an average daily volume of 2,775,645 shares, the days-to-cover ratio is currently 5.7 days. Currently, 11.3% of the shares of the stock are short sold.
Who are some of Bed Bath & Beyond's key competitors?
Some companies that are related to Bed Bath & Beyond include WM MORRISON SUP (MRWSY), Nordstrom (JWN), Advance Auto Parts (AAP), Tractor Supply Company (TSCO), J Sainsbury plc (JSAIY), Marks and Spencer Group Plc (MAKSY), Staples (SPLS), Kohl's Corporation (KSS), Companhia Brasileira de Distribuicao (CBD), Herbalife LTD. (HLF), KAR Auction Services (KAR), Macy's (M), Burlington Stores (BURL), Wayfair (W), TripAdvisor (TRIP), Liberty Interactive Corporation (LVNTA), Dunkin' Brands Group (DNKN) and AutoNation (AN).
Who are Bed Bath & Beyond's key executives?
Bed Bath & Beyond's management team includes the folowing people:
- Warren Eisenberg, Co-Chairman of the Board
- Leonard Feinstein, Co-Chairman of the Board
- Arthur Stark, President, Chief Merchandising Officer
- Steven H. Temares, Chief Executive Officer, Director
- Susan E. Lattmann, Chief Financial Officer, Treasurer
- Eugene A. Castagna CPA, Chief Operating Officer
- Matthew F. Fiorilli, Senior Vice President - Stores
- Klaus Eppler, Lead Independent Director
- Dean S. Adler, Independent Director
- Stanley F. Barshay, Independent Director
Who owns Bed Bath & Beyond stock?
Bed Bath & Beyond's stock is owned by many different of institutional and retail investors. Top institutional shareholders include FMR LLC (10.48%), Vanguard Group Inc. (9.86%), BlackRock Inc. (8.16%), Hotchkis & Wiley Capital Management LLC (6.01%), State Street Corp (5.95%) and JPMorgan Chase & Co. (5.17%). Company insiders that own Bed Bath & Beyond stock include Arthur Stark, Eugene A Castagna, Matthew Fiorilli, Steven H Temares and Warren Eisenberg. View Institutional Ownership Trends for Bed Bath & Beyond.
Who sold Bed Bath & Beyond stock? Who is selling Bed Bath & Beyond stock?
Bed Bath & Beyond's stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, BlackRock Inc., WINTON GROUP Ltd, Schroder Investment Management Group, UBS Asset Management Americas Inc., Prudential Financial Inc., Meag Munich Ergo Kapitalanlagegesellschaft MBH and Northern Trust Corp. Company insiders that have sold Bed Bath & Beyond stock in the last year include Arthur Stark, Matthew Fiorilli and Steven H Temares. View Insider Buying and Selling for Bed Bath & Beyond.
Who bought Bed Bath & Beyond stock? Who is buying Bed Bath & Beyond stock?
Bed Bath & Beyond's stock was acquired by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, FMR LLC, First Trust Advisors LP, Bridgewater Associates LP, LSV Asset Management, Thompson Siegel & Walmsley LLC, APG Asset Management N.V. and Bank of Nova Scotia. View Insider Buying and Selling for Bed Bath & Beyond.
How do I buy Bed Bath & Beyond stock?
Shares of Bed Bath & Beyond can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Bed Bath & Beyond's stock price today?
MarketBeat Community Rating for Bed Bath & Beyond (NASDAQ BBBY)MarketBeat's community ratings are surveys of what our community members think about Bed Bath & Beyond and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Bed Bath & Beyond stock can currently be purchased for approximately $27.21.
Consensus Ratings for Bed Bath & Beyond (NASDAQ:BBBY) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||8 Sell Ratings, 12 Hold Ratings, 1 Buy Rating|
|Consensus Rating:||Hold (Score: 1.67)|
|Consensus Price Target: ||$35.38 (30.01% upside)|
Analysts' Ratings History for Bed Bath & Beyond (NASDAQ:BBBY)
(Data available from 8/21/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|7/27/2017||Jefferies Group LLC||Reiterated Rating||Hold||$34.00||Medium|
|7/4/2017||Wedbush||Lower Price Target||Neutral||$42.00 -> $38.00||Low|
|7/4/2017||Telsey Advisory Group||Lower Price Target||Market Perform||$42.00 -> $41.00||Low|
|7/4/2017||Oppenheimer Holdings, Inc.||Reiterated Rating||Hold||Low|
|7/4/2017||Loop Capital||Reiterated Rating||Sell||$35.00||Low|
|6/28/2017||Argus||Reiterated Rating||Buy||$48.00 -> $40.00||Low|
|6/26/2017||BTIG Research||Reiterated Rating||Neutral||Medium|
|6/24/2017||Morgan Stanley||Set Price Target||Sell||$30.00||Low|
|6/24/2017||Bank of America Corporation||Set Price Target||Sell||$27.00||Low|
|6/25/2017||Deutsche Bank AG||Reiterated Rating||Hold||$36.00 -> $31.00||Low|
|6/25/2017||Wolfe Research||Lower Price Target||Underperform||$31.00 -> $29.00||Low|
|6/23/2017||Raymond James Financial, Inc.||Reiterated Rating||Market Perform||Low|
|6/23/2017||KeyCorp||Lower Price Target||Underweight||$35.00 -> $27.00||High|
|6/23/2017||Barclays PLC||Lower Price Target||Equal Weight||$45.00 -> $40.00||High|
|6/19/2017||Robert W. Baird||Reiterated Rating||Neutral||$42.00 -> $38.00||Medium|
|6/19/2017||Goldman Sachs Group, Inc. (The)||Reiterated Rating||Sell||$38.00||Medium|
|4/7/2017||Credit Suisse Group||Lower Price Target||Neutral||$39.00 -> $38.00||Low|
|4/7/2017||Citigroup Inc.||Lower Price Target||Sell||$40.00 -> $35.00||Low|
|12/20/2016||Cleveland Research||Downgrade||Neutral -> Underperform||N/A|
|9/22/2016||Nomura||Set Price Target||Hold||$45.00||N/A|
|6/23/2016||J P Morgan Chase & Co||Lower Price Target||Neutral||$51.00 -> $47.00||N/A|
|6/16/2016||Longbow Research||Initiated Coverage||Neutral||N/A|
|5/23/2016||Topeka Capital Markets||Initiated Coverage||Sell||$37.00||N/A|
|4/4/2016||SunTrust Banks, Inc.||Reiterated Rating||Hold||$55.00||N/A|
|1/19/2016||BB&T Corporation||Downgrade||Hold -> Underweight||N/A|
|1/15/2016||Standpoint Research||Upgrade||Hold -> Buy||$55.00||N/A|
|1/8/2016||Cantor Fitzgerald||Reiterated Rating||Hold||$50.00||N/A|
|11/20/2015||Canaccord Genuity||Downgrade||Buy -> Hold||N/A|
|9/25/2015||Taglich Brothers||Upgrade||Market Perform||$65.00||N/A|
Earnings History for Bed Bath & Beyond (NASDAQ:BBBY)Earnings History by Quarter for Bed Bath & Beyond (NASDAQ BBBY)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|6/22/2017||Q1 2018||$0.66||$0.58||$2.79 billion||$2.74 billion||View||N/A|
|4/5/2017||Q4 2017||$1.77||$1.84||$3.50 billion||$3.53 billion||View||N/A|
|12/21/2016||Q316||$0.98||$0.85||$3.01 billion||$3.00 billion||View||Listen|
|9/21/2016||Q216||$1.17||$1.11||$3.06 billion||$2.99 billion||View||Listen|
|6/22/2016||Q1||$0.86||$0.80||$2.78 billion||$2.74 billion||View||Listen|
|4/6/2016||Q4||$1.81||$1.85||$3.38 billion||$3.42 billion||View||Listen|
|1/7/2016||Q316||$1.09||$1.09||$2.98 billion||$2.95 billion||View||Listen|
|9/24/2015||Q216||$1.21||$1.21||$3.03 billion||$3.00 billion||View||Listen|
|6/24/2015||Q116||$0.94||$0.93||$2.75 billion||$2.74 billion||View||Listen|
|4/8/2015||Q415||$1.81||$1.80||$3.37 billion||$3.34 billion||View||Listen|
|1/8/2015||Q3||$1.19||$1.19||$2.97 billion||$2.94 billion||View||Listen|
|9/23/2014||Q214||$1.14||$1.17||$2.90 billion||$2.94 billion||View||N/A|
|6/25/2014||Q115||$0.95||$0.93||$2.69 billion||$2.66 billion||View||N/A|
|4/9/2014||Q414||$1.60||$1.60||$3.22 billion||$3.20 billion||View||Listen|
|1/8/2014||Q314||$1.15||$1.12||$2.89 billion||$2.87 billion||View||Listen|
|9/25/2013||Q214||$1.15||$1.16||$2.81 billion||$2.82 billion||View||Listen|
|6/26/2013||Q1 2013||$1.68||$0.93||$2.60 billion||$2.61 billion||View||Listen|
|4/10/2013||Q4 2012||$1.68||$1.68||$3.39 billion||$3.40 billion||View||Listen|
|12/19/2012||Q3 2012||$1.02||$1.03||$2.73 billion||$2.70 billion||View||Listen|
|9/19/2012||Q212||$1.02||$0.98||$2.52 billion||$2.59 billion||View||N/A|
|12/22/2010||$0.66||$0.74||$2.11 billion||$2.19 billion||View||N/A|
Earnings Estimates for Bed Bath & Beyond (NASDAQ:BBBY)
2017 EPS Consensus Estimate: $5.70
2018 EPS Consensus Estimate: $4.18
2019 EPS Consensus Estimate: $4.14
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Bed Bath & Beyond (NASDAQ:BBBY)
|Payout Ratio:||13.86% (Trailing 12 Months of Earnings) |
14.93% (Based on This Year's Estimates)
15.35% (Based on Next Year's Estimates)
Dividend History by Quarter for Bed Bath & Beyond (NASDAQ BBBY)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Bed Bath & Beyond (NASDAQ:BBBY)
Insider Ownership Percentage: 5.00%Insider Trades by Quarter for Bed Bath & Beyond (NASDAQ:BBBY)
Institutional Ownership Percentage: 91.50%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|5/9/2017||Steven H Temares||CEO||Sell||96,109||$37.37||$3,591,593.33|| |
|4/26/2017||Matthew Fiorilli||VP||Sell||44,664||$39.56||$1,766,907.84|| |
|4/21/2017||Arthur Stark||Insider||Sell||8,933||$39.73||$354,908.09|| |
|4/21/2017||Steven H Temares||CEO||Sell||200,000||$39.83||$7,966,000.00|| |
|8/12/2016||Eugene A Castagna||COO||Sell||17,866||$45.86||$819,334.76|| |
|5/10/2016||Steven H Temares||CEO||Sell||223,678||$45.81||$10,246,689.18|| |
|4/21/2016||Arthur Stark||CMO||Sell||17,139||$49.16||$842,553.24|| |
|4/18/2016||Matthew Fiorilli||VP||Sell||41,029||$49.79||$2,042,833.91|| |
|4/8/2016||Warren Eisenberg||Chairman||Sell||959,837||$47.56||$45,649,847.72|| |
|2/18/2016||Eugene A. Castagna||COO||Sell||8,206||$47.21||$387,405.26|| |
|5/13/2015||Leonard Feinstein||Chairman||Sell||2,913||$70.44||$205,191.72|| |
|4/13/2015||Leonard Feinstein||Chairman||Sell||165,970||$73.12||$12,135,726.40|| |
|2/6/2015||Eugene A Castagna||COO||Sell||59,621||$78.79||$4,697,538.59|| |
|2/5/2015||Steven H Temares||CEO||Sell||200,000||$78.54||$15,708,000.00|| |
|1/16/2015||Matthew Fiorilli||VP||Sell||25,000||$73.02||$1,825,500.00|| |
|1/12/2015||Leonard Feinstein||Chairman||Sell||314,562||$73.63||$23,161,200.06|| |
|4/17/2014||Arthur Stark||CMO||Sell||10,000||$63.66||$636,600.00|| |
|4/14/2014||Matthew Fiorilli||VP||Sell||25,000||$64.25||$1,606,250.00|| |
|11/18/2013||Steven Temares||CEO||Sell||23,450||$78.25||$1,834,962.50|| |
|11/15/2013||Steven Temares||CEO||Sell||52,264||$78.42||$4,098,542.88|| |
|11/1/2013||Steven H Temares||CEO||Sell||2,424||$77.85||$188,708.40|| |
|10/30/2013||Steven H Temares||CEO||Sell||72,576||$77.56||$5,628,994.56|| |
|10/24/2013||Steven H Temares||CEO||Sell||55,090||$77.10||$4,247,439.00|| |
|10/21/2013||Klaus Eppler||Director||Sell||2,000||$76.79||$153,580.00|| |
|10/21/2013||Steven H Temares||CEO||Sell||19,781||$77.06||$1,524,323.86|| |
|10/2/2013||Steven H Temares||CEO||Sell||100,000||$78.04||$7,804,000.00|| |
|7/22/2013||Steven H Temares||CEO||Sell||14,742||$76.66||$1,130,121.72|| |
|7/15/2013||Steven H Temares||CEO||Sell||134,693||$76.59||$10,316,136.87|| |
Headline Trends for Bed Bath & Beyond (NASDAQ:BBBY)
Latest Headlines for Bed Bath & Beyond (NASDAQ:BBBY)
Bed Bath & Beyond (BBBY) Chart for Monday, August, 21, 2017