NASDAQ:BBBY - Bed Bath & Beyond Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$19.12 +0.14 (+0.74 %)
(As of 09/20/2018 04:00 PM ET)
Previous Close$19.01
Today's Range$18.82 - $19.23
52-Week Range$16.52 - $24.74
Volume191,798 shs
Average Volume3.35 million shs
Market Capitalization$2.60 billion
P/E Ratio6.07
Dividend Yield3.45%
Beta0.96
Bed Bath & Beyond logoBed 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. It also provides various textile products, amenities, and other goods to institutional customers in the hospitality, cruise line, healthcare, and other industries. As of March 3, 2018, the company had a total of 1,552 stores, includes 1,017 Bed Bath & Beyond stores in 50 states, the District of Columbia, Puerto Rico, and Canada; 276 stores under the names of World Market, Cost Plus World Market, or Cost Plus; 119 buybuy BABY stores; 83 stores under the Christmas Tree Shops, Christmas Tree Shops andThat! or andThat! names; and 57 stores under the Harmon, Harmon Face Values, or Face Values. It also offers products through various Websites and applications, such as bedbathandbeyond.com, bedbathandbeyond.ca, harmondiscount.com, facevalues.com, christmastreeshops.com, andthat.com, buybuybaby.com, buybuybaby.ca, harborlinen.com, t-ygroup.com, worldmarket.com, ofakind.com, onekingslane.com, personalizationmall.com, chefcentral.com, and decorist.com. In addition, the Company operates Of a Kind, an e-commerce Website that features specially commissioned limited edition items from emerging fashion and home designers; One Kings Lane, an authority in home décor and design that offers a collection of selected home goods, and designer and vintage items; PersonalizationMall.com, an online retailer of personalized products; Chef Central, an online retailer of kitchenware, cookware, and homeware items catering to cooking and baking enthusiasts; and Decorist, an online interior design platform that provides personalized home design services. Bed Bath & Beyond Inc. was founded in 1971 and is based in Union, New Jersey.

Receive BBBY News and Ratings via Email

Sign-up to receive the latest news and ratings for BBBY and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Home furniture, furnishings & equipment stores
Sub-IndustryHomefurnishing Retail
SectorRetail/Wholesale
SymbolNASDAQ:BBBY
CUSIP07589610
Phone908-688-0888

Debt

Debt-to-Equity Ratio0.51
Current Ratio1.86
Quick Ratio0.62

Price-To-Earnings

Trailing P/E Ratio6.07
Forward P/E Ratio8.21
P/E GrowthN/A

Sales & Book Value

Annual Sales$12.35 billion
Price / Sales0.22
Cash Flow$5.4164 per share
Price / Cash3.53
Book Value$20.28 per share
Price / Book0.94

Profitability

EPS (Most Recent Fiscal Year)$3.12
Net Income$424.85 million
Net Margins3.18%
Return on Equity14.73%
Return on Assets5.92%

Miscellaneous

Employees65,000
Outstanding Shares140,130,000
Market Cap$2.60 billion

Bed Bath & Beyond (NASDAQ:BBBY) Frequently Asked Questions

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 Wednesday, June 27th. Stockholders of record on Friday, September 14th will be paid a dividend of $0.16 per share on Tuesday, October 16th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 3.35%. The ex-dividend date is Thursday, September 13th. 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 data on Wednesday, June, 27th. The retailer reported $0.33 earnings per share for the quarter, beating the consensus estimate of $0.31 by $0.02. The retailer had revenue of $2.75 billion for the quarter, compared to analyst estimates of $2.75 billion. Bed Bath & Beyond had a net margin of 3.18% and a return on equity of 14.73%. Bed Bath & Beyond's revenue was up .4% compared to the same quarter last year. During the same period in the prior year, the company posted $0.58 EPS. View Bed Bath & Beyond's Earnings History.

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

Bed Bath & Beyond is scheduled to release their next quarterly earnings announcement on Wednesday, September, 26th 2018. View Earnings Estimates for Bed Bath & Beyond.

What price target have analysts set for BBBY?

17 Wall Street analysts have issued 1 year target prices for Bed Bath & Beyond's stock. Their forecasts range from $16.00 to $25.00. On average, they anticipate Bed Bath & Beyond's share price to reach $19.5714 in the next twelve months. This suggests a possible upside of 2.4% from the stock's current price. View Analyst Price Targets for Bed Bath & Beyond.

What is the consensus analysts' recommendation for Bed Bath & Beyond?

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bed Bath & Beyond in the last year. There are currently 7 sell ratings and 10 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Bed Bath & Beyond.

What are Wall Street 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 topped the sector in the past month driven by solid surprise trend, marking third consecutive earnings and sales beat in first-quarter fiscal 2018. Further, strong performance at its customer-facing digital networks and progress in transformation plan drive optimism. It is also on track with its three-year financial goals of achieving comps growth from fiscal 2018; moderating declines in operating profit and earnings per share in fiscal 2018 and 2019; and improving earnings per share by fiscal 2020. However, the company's bleak earnings outlook for fiscal 2018 is a concern. It is witnessing soft comps for a while now due to decline in stores transactions. Its eight-quarter long trend of strained margins due to higher shipping and coupon, as well as SG&A expenses also remains a headwind. Investments in customer value proposition and constant shift to digital channels are likely to hurt gross margin in fiscal 2018." (9/19/2018)
  • 2. Wells Fargo & Co analysts commented, "We view these items as silver linings in what shaped up to be an otherwise disappointing quarter. Q1 comps of -0.6% fell short of our/Consensus estimates of -0.5%/+0.1% (and buyside expectations for a comp beat), which we believe to be particularly notable considering otherwise strong U.S. retail sales in May (which was included in BBBY’s Q1). BBBY also reiterated its FY18 guidance, including expectations for +LSD comp growth (implying at least +1.5% growth for the rest of the year), which we believe hinges primarily on BBBY’s ability to capture sales from closed Toys R Us locations. While improving transparency and refreshed management team are incremental positives, we remain bearish on 2018 with aspirational comp guidance, low margin and profit visibility (we model -30% EPS declines) and considerable reinvestment ahead. Reiterate Underperform." (6/27/2018)

Are investors shorting Bed Bath & Beyond?

Bed Bath & Beyond saw a decrease in short interest during the month of August. As of August 31st, there was short interest totalling 29,665,844 shares, a decrease of 4.7% from the August 15th total of 31,143,285 shares. Based on an average trading volume of 2,844,374 shares, the short-interest ratio is presently 10.4 days. Approximately 22.0% of the company's stock are sold short. View Bed Bath & Beyond's Current Options Chain.

Who are some of Bed Bath & Beyond's key competitors?

Who are Bed Bath & Beyond's key executives?

Bed Bath & Beyond's management team includes the folowing people:
  • Mr. Warren Eisenberg, Co-Founder & Co-Chairman (Age 87)
  • Mr. Leonard Joseph Feinstein, Co-Founder & Co-Chairman (Age 79)
  • Mr. Steven H. Temares, CEO & Director (Age 59)
  • Mr. Eugene A. Castagna, COO & Pres (Age 52)
  • Ms. Susan E. Lattmann, Chief Admin. Officer (Age 50)

Has Bed Bath & Beyond been receiving favorable news coverage?

News articles about BBBY stock have been trending somewhat positive recently, Accern Sentiment reports. The research group identifies negative and positive media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Bed Bath & Beyond earned a news impact score of 0.18 on Accern's scale. They also gave news articles about the retailer an impact score of 46.57 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near future. View Recent Headlines for Bed Bath & Beyond.

Who are Bed Bath & Beyond's major shareholders?

Bed Bath & Beyond's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (11.35%), FMR LLC (9.90%), Dimensional Fund Advisors LP (6.90%), Contrarius Investment Management Ltd (4.71%), Bank of New York Mellon Corp (1.89%) and Bank of New York Mellon Corp (1.89%). Company insiders that own Bed Bath & Beyond stock include Arthur Stark, Eugene A Castagna, Matthew Fiorilli and Steven H Temares. View Institutional Ownership Trends for Bed Bath & Beyond.

Which institutional investors are selling Bed Bath & Beyond stock?

BBBY stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Bridgewater Associates LP, Bank of Montreal Can, Spark Investment Management LLC, Great West Life Assurance Co. Can, Schroder Investment Management Group, Schroder Investment Management Group and Personal Capital Advisors Corp. Company insiders that have sold Bed Bath & Beyond company stock in the last year include Eugene A Castagna and Matthew Fiorilli. View Insider Buying and Selling for Bed Bath & Beyond.

Which institutional investors are buying Bed Bath & Beyond stock?

BBBY stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Dimensional Fund Advisors LP, Northern Trust Corp, Wells Fargo & Company MN, Towle & Co., Schwab Charles Investment Management Inc., Bank of New York Mellon Corp and Bank of New York Mellon Corp. View Insider Buying and Selling for Bed Bath & Beyond.

How do I buy shares of Bed Bath & Beyond?

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

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

One share of BBBY stock can currently be purchased for approximately $19.12.

How big of a company is Bed Bath & Beyond?

Bed Bath & Beyond has a market capitalization of $2.60 billion and generates $12.35 billion in revenue each year. The retailer earns $424.85 million in net income (profit) each year or $3.12 on an earnings per share basis. Bed Bath & Beyond employs 65,000 workers across the globe.

How can I contact Bed Bath & Beyond?

Bed Bath & Beyond's mailing address is 650 LIBERTY AVENUE, UNION NJ, 07083. The retailer can be reached via phone at 908-688-0888.


MarketBeat Community Rating for Bed Bath & Beyond (NASDAQ BBBY)

Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  623 (Vote Outperform)
Underperform Votes:  1,103 (Vote Underperform)
Total Votes:  1,726
MarketBeat's community ratings are surveys of what our community members think about Bed Bath & Beyond and other stocks. Vote "Outperform" if you believe BBBY will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BBBY will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/20/2018 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel