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Investor Alert: Argentina Loaded With "White Gold" Opportunity (Ad)
S&P 500   4,122.47
DOW   32,774.41
QQQ   317.08
Are Medtronic And Intuitive Surgical Poised For Big Growth?
Investor Alert: Argentina Loaded With "White Gold" Opportunity (Ad)
'The Sacrifice Zone': Myanmar bears cost of green energy
Is Sofi Financial Stock Finally Ready to Pay Off for Investors?
Ralph Lauren Is A Retail Stock You Can Buy And Hold
Copper More Critical than Lithium? (Ad)
Closing prices for crude oil, gold and other commodities
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
Investor Alert: Argentina Loaded With "White Gold" Opportunity (Ad)
S&P 500   4,122.47
DOW   32,774.41
QQQ   317.08
Are Medtronic And Intuitive Surgical Poised For Big Growth?
Investor Alert: Argentina Loaded With "White Gold" Opportunity (Ad)
'The Sacrifice Zone': Myanmar bears cost of green energy
Is Sofi Financial Stock Finally Ready to Pay Off for Investors?
Ralph Lauren Is A Retail Stock You Can Buy And Hold
Copper More Critical than Lithium? (Ad)
Closing prices for crude oil, gold and other commodities
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
Investor Alert: Argentina Loaded With "White Gold" Opportunity (Ad)
S&P 500   4,122.47
DOW   32,774.41
QQQ   317.08
Are Medtronic And Intuitive Surgical Poised For Big Growth?
Investor Alert: Argentina Loaded With "White Gold" Opportunity (Ad)
'The Sacrifice Zone': Myanmar bears cost of green energy
Is Sofi Financial Stock Finally Ready to Pay Off for Investors?
Ralph Lauren Is A Retail Stock You Can Buy And Hold
Copper More Critical than Lithium? (Ad)
Closing prices for crude oil, gold and other commodities
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
Investor Alert: Argentina Loaded With "White Gold" Opportunity (Ad)
NASDAQ:BBBY

Bed Bath & Beyond - BBBY Stock Forecast, Price & News

$9.79
-1.62 (-14.20%)
(As of 08/9/2022 12:00 AM ET)
Add
Compare
Today's Range
$8.63
$11.99
50-Day Range
$4.47
$11.41
52-Week Range
$4.38
$30.14
Volume
73.34 million shs
Average Volume
9.93 million shs
Market Capitalization
$782.79 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$6.67

Bed Bath & Beyond MarketRank™ Forecast

Analyst Rating
Reduce
1.38 Rating Score
Upside/​Downside
34.5% Downside
$6.42 Price Target
Short Interest
Bearish
46.39% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.69
Upright™ Environmental Score
News Sentiment
0.27mentions of Bed Bath & Beyond in the last 14 days
Based on 37 Articles This Week
Insider Trading
Acquiring Shares
$288,720 Bought Last Quarter
Proj. Earnings Growth
Growing
From ($5.93) to ($3.20) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.58 out of 5 stars

Retail/Wholesale Sector

189th out of 215 stocks

Home Furniture, Furnishings & Equipment Stores Industry

4th out of 4 stocks

BBBY stock logo

About Bed Bath & Beyond (NASDAQ:BBBY) Stock

Bed Bath & Beyond Inc., together with its subsidiaries, operates a chain of retail stores. It sells a range of domestics merchandise, including bed linens and related items, bath items, and kitchen textiles; and home furnishings, such as kitchen and tabletop items, fine tabletop, basic housewares, general home furnishings, consumables, and various juvenile products. As of February 26, 2022, the company had 953 stores, which included 771 Bed Bath & Beyond stores in 50 states, the District of Columbia, Puerto Rico, and Canada; 130 buybuy BABY stores in 37 states and Canada; and 52 stores in 6 states under the names Harmon, Harmon Face Values or Face Values. It also offers products through various Websites and applications comprising bedbathandbeyond.com, bedbathandbeyond.ca, harmondiscount.com, facevalues.com, buybuybaby.com, buybuybaby.ca, and decorist.com. In addition, the company operates Decorist, an online interior design platform that provides personalized home design services. Bed Bath & Beyond Inc. was incorporated in 1971 and is headquartered in Union, New Jersey.

Analysts Set New Price Targets

Several analysts have recently weighed in on BBBY shares. Odeon Capital Group downgraded Bed Bath & Beyond from a "buy" rating to a "hold" rating in a research report on Monday. Wells Fargo & Company cut their price target on Bed Bath & Beyond from $10.00 to $5.00 and set an "underweight" rating on the stock in a research note on Wednesday, June 8th. Wedbush cut their price target on Bed Bath & Beyond to $5.00 in a research note on Monday, July 4th. KeyCorp cut their price target on Bed Bath & Beyond from $6.00 to $5.00 and set an "underweight" rating on the stock in a research note on Tuesday, June 28th. Finally, Telsey Advisory Group cut their price target on Bed Bath & Beyond from $6.00 to $3.00 and set an "underperform" rating on the stock in a research note on Thursday, June 30th. Ten equities research analysts have rated the stock with a sell rating and four have given a hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Reduce" and an average target price of $6.42.

Bed Bath & Beyond Price Performance

Shares of NASDAQ:BBBY opened at $9.79 on Wednesday. The company has a debt-to-equity ratio of 6.77, a quick ratio of 0.15 and a current ratio of 1.02. The company has a market cap of $782.79 million, a PE ratio of -1.00 and a beta of 1.90. The business has a 50-day simple moving average of $6.24 and a two-hundred day simple moving average of $12.81. Bed Bath & Beyond has a fifty-two week low of $4.38 and a fifty-two week high of $30.14.

Bed Bath & Beyond (NASDAQ:BBBY - Get Rating) last issued its quarterly earnings results on Wednesday, June 29th. The retailer reported ($2.83) earnings per share for the quarter, missing the consensus estimate of ($1.33) by ($1.50). The business had revenue of $1.46 billion during the quarter, compared to analyst estimates of $1.51 billion. Bed Bath & Beyond had a negative return on equity of 90.91% and a negative net margin of 11.74%. Bed Bath & Beyond's revenue was down 25.1% compared to the same quarter last year. During the same period in the prior year, the business posted $0.05 EPS. As a group, equities analysts expect that Bed Bath & Beyond will post -5.93 EPS for the current fiscal year.

Insiders Place Their Bets

In other Bed Bath & Beyond news, Director Jeff Kirwan purchased 10,000 shares of the stock in a transaction on Friday, July 1st. The stock was acquired at an average price of $4.90 per share, with a total value of $49,000.00. Following the completion of the acquisition, the director now owns 43,455 shares in the company, valued at $212,929.50. The acquisition was disclosed in a filing with the SEC, which is available at this link. In other news, CEO Sue Gove bought 50,000 shares of the firm's stock in a transaction that occurred on Friday, July 1st. The stock was purchased at an average price of $4.61 per share, with a total value of $230,500.00. Following the completion of the acquisition, the chief executive officer now directly owns 105,587 shares of the company's stock, valued at approximately $486,756.07. The purchase was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Jeff Kirwan bought 10,000 shares of the firm's stock in a transaction that occurred on Friday, July 1st. The shares were purchased at an average cost of $4.90 per share, with a total value of $49,000.00. Following the acquisition, the director now directly owns 43,455 shares of the company's stock, valued at $212,929.50. The disclosure for this purchase can be found here. Over the last 90 days, insiders acquired 62,000 shares of company stock valued at $288,720. 1.70% of the stock is currently owned by corporate insiders.

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BBBY Stock News Headlines

Bed Bath & Beyond (NASDAQ:BBBY) Shares Gap Up to $8.16
Why Bed Bath & Beyond Stock Is Plunging Today
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BBBY Company Calendar

Last Earnings
6/29/2022
Today
8/09/2022
Next Earnings (Estimated)
9/29/2022
Fiscal Year End
2/28/2023

Industry, Sector and Symbol

Industry
Home furniture, furnishings & equipment stores
Sub-Industry
Homefurnishing Retail
Current Symbol
NASDAQ:BBBY
CUSIP
07589610
Employees
32,000
Year Founded
1971

Price Target and Rating

Average Stock Price Forecast
$6.42
High Stock Price Forecast
$23.00
Low Stock Price Forecast
$2.00
Forecasted Upside/Downside
-31.9%
Consensus Rating
Reduce
Rating Score (0-4)
1.38
Research Coverage
13 Analysts

Profitability

Net Income
$-559,620,000.00
Pretax Margin
-10.03%

Debt

Sales & Book Value

Annual Sales
$7.87 billion
Cash Flow
$3.50 per share
Book Value
$2.18 per share

Miscellaneous

Free Float
78,599,000
Market Cap
$782.79 million
Optionable
Optionable
Beta
1.90

Social Links


Key Executives














BBBY Stock - Frequently Asked Questions

Should I buy or sell Bed Bath & Beyond stock right now?

13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Bed Bath & Beyond in the last year. There are currently 9 sell ratings and 4 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "sell" BBBY shares.
View BBBY analyst ratings
or view top-rated stocks.

What is Bed Bath & Beyond's stock price forecast for 2022?

13 brokers have issued 1 year target prices for Bed Bath & Beyond's shares. Their BBBY share price forecasts range from $2.00 to $23.00. On average, they anticipate the company's stock price to reach $6.42 in the next twelve months. This suggests that the stock has a possible downside of 34.5%.
View analysts price targets for BBBY
or view top-rated stocks among Wall Street analysts.

How has Bed Bath & Beyond's stock price performed in 2022?

Bed Bath & Beyond's stock was trading at $14.58 on January 1st, 2022. Since then, BBBY shares have decreased by 32.9% and is now trading at $9.79.
View the best growth stocks for 2022 here
.

When is Bed Bath & Beyond's next earnings date?

Bed Bath & Beyond is scheduled to release its next quarterly earnings announcement on Thursday, September 29th 2022.
View our BBBY earnings forecast
.

How were Bed Bath & Beyond's earnings last quarter?

Bed Bath & Beyond Inc. (NASDAQ:BBBY) posted its quarterly earnings results on Wednesday, June, 29th. The retailer reported ($2.83) earnings per share (EPS) for the quarter, missing the consensus estimate of ($1.33) by $1.50. The retailer had revenue of $1.46 billion for the quarter, compared to analyst estimates of $1.51 billion. Bed Bath & Beyond had a negative trailing twelve-month return on equity of 90.91% and a negative net margin of 11.74%. The firm's revenue was down 25.1% compared to the same quarter last year. During the same quarter last year, the company earned $0.05 EPS.

What is Mark Tritton's approval rating as Bed Bath & Beyond's CEO?

657 employees have rated Bed Bath & Beyond Chief Executive Officer Mark Tritton on Glassdoor.com. Mark Tritton has an approval rating of 57% among the company's employees. This puts Mark Tritton in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. 51.0% of employees surveyed would recommend working at Bed Bath & Beyond to a friend.

What other stocks do shareholders of Bed Bath & Beyond own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Bed Bath & Beyond investors own include NVIDIA (NVDA), Bank of America (BAC), Micron Technology (MU), Advanced Micro Devices (AMD), Tesla (TSLA), Walt Disney (DIS), Alibaba Group (BABA), Starbucks (SBUX), AT&T (T) and General Electric (GE).

What is Bed Bath & Beyond's stock symbol?

Bed Bath & Beyond trades on the NASDAQ under the ticker symbol "BBBY."

Who are Bed Bath & Beyond's major shareholders?

Bed Bath & Beyond's stock is owned by many different institutional and retail investors. Top institutional investors include Analyst IMS Investment Management Services Ltd. (0.95%), IMC Chicago LLC (0.00%), Cambria Investment Management L.P. (0.54%), Brown Advisory Inc. (0.20%), Y Intercept Hong Kong Ltd (0.19%) and New York State Teachers Retirement System (0.18%). Insiders that own company stock include Andrea Weiss, Ann Yerger, Gregg A Melnick, Gustavo Arnal, Harriet Edelman, Jeff Kirwan, John E Fleming, John R Hartmann, Joseph G Hartsig, Joshua Schechter and Sue Gove.
View institutional ownership trends
.

How do I buy shares of Bed Bath & Beyond?

Shares of BBBY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Bed Bath & Beyond's stock price today?

One share of BBBY stock can currently be purchased for approximately $9.79.

How much money does Bed Bath & Beyond make?

Bed Bath & Beyond (NASDAQ:BBBY) has a market capitalization of $782.79 million and generates $7.87 billion in revenue each year. The retailer earns $-559,620,000.00 in net income (profit) each year or ($9.78) on an earnings per share basis.

How many employees does Bed Bath & Beyond have?

Bed Bath & Beyond employs 32,000 workers across the globe.

Does Bed Bath & Beyond have any subsidiaries?

The following companies are subsidiares of Bed Bath & Beyond: Bed Bath & Beyond Canada L.P., Bed Bath & Beyond of California Limited Liability Company, Buy Buy Baby, Christmas Tree Shops, Cost Plus, Cost Plus Management Services, Decorist, Harbor Linen, Harmon Stores, Liberty Procurement Co. Inc., Of a KIng, One Kings Lane, and PersonalizationMall.com.
Read More

When was Bed Bath & Beyond founded?

Bed Bath & Beyond was founded in 1971.

How can I contact Bed Bath & Beyond?

Bed Bath & Beyond's mailing address is 650 LIBERTY AVENUE, UNION NJ, 07083. The official website for the company is www.bedbathandbeyond.com. The retailer can be reached via phone at (908) 688-0888, via email at ir@bedbath.com, or via fax at 908-688-6483.

This page (NASDAQ:BBBY) was last updated on 8/10/2022 by MarketBeat.com Staff

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