NASDAQ:BBBY

Bed Bath & Beyond (BBBY) Stock Forecast, Price & News

$0.14

+0.06 (+75.09%)

(As of 09/27/2023 ET)

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Today's Range: $0.07
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$0.18
50-Day Range: $0.08
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$0.36
52-Week Range: $0.07
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$30.00

Volume: 2.83 million shs
Average Volume: 122.76 million shs
Market Capitalization: $59.89 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $3.25

Bed Bath & Beyond MarketRank™ Forecast

Analyst Rating: Strong Sell
1.00 Rating Score
Upside/Downside: 2,223.1% Upside
$3.25 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: -1.69
Upright™ Environmental Score
News Sentiment: 0.04
Based on 4 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($10.64) to ($6.87) Per Share

Overall MarketRank^™

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

1.69 out of 5 stars

Retail/Wholesale Sector

172nd out of 212 stocks

Home Furniture, Furnishings & Equipment Stores Industry

3rd out of 4 stocks

2.5

Analyst's Opinion

Consensus Rating
Bed Bath & Beyond has received a consensus rating of Strong Sell. The company's average rating score is 1.00, and is based on no buy ratings, no hold ratings, and 5 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $3.25, Bed Bath & Beyond has a forecasted upside of 2,223.1% from its current price of $0.14.
Amount of Analyst Coverage
Bed Bath & Beyond has received no research coverage in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for BBBY.

0.0

Dividend Strength

Dividend Yield
Bed Bath & Beyond does not currently pay a dividend.
Dividend Growth
Bed Bath & Beyond does not have a long track record of dividend growth.

2.4

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Bed Bath & Beyond has received a 11.33% net impact score from Upright. Bed Bath & Beyond seems to create the most significant positive value in categories "Jobs", "Taxes", and "Meaning & joy". The positive contribution in the "Meaning & joy" impact category is mostly driven by its "Physical retail of pet products at a furniture store", "Physical retail of sleeping furniture at a furniture store", "Physical retail of storage furniture at a furniture store", "Physical retail of garden furniture at a furniture store", and "Physical retail of home decorations at a furniture store" products. See details.
Environmental Sustainability
The Environmental Impact score for Bed Bath & Beyond is -1.69.

1.1

News and Social Media Coverage

News Sentiment
Bed Bath & Beyond has a news sentiment score of 0.04. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.56 average news sentiment score of Retail/Wholesale companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Bed Bath & Beyond this week, compared to 19 articles on an average week.
Search Interest
Only 12 people have searched for BBBY on MarketBeat in the last 30 days. This is a decrease of -48% compared to the previous 30 days.
MarketBeat Follows
Only 7 people have added Bed Bath & Beyond to their MarketBeat watchlist in the last 30 days. This is a decrease of -53% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Bed Bath & Beyond insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.70% of the stock of Bed Bath & Beyond is held by insiders.
Percentage Held by Institutions
64.16% of the stock of Bed Bath & Beyond is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Bed Bath & Beyond are expected to grow in the coming year, from ($10.64) to ($6.87) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Bed Bath & Beyond is -0.01, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Bed Bath & Beyond is -0.01, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Bed Bath & Beyond has a P/B Ratio of 0.06. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Bed Bath & Beyond (NASDAQ:BBBY) Stock

Bed Bath & Beyond Inc. began as a big-box retailer operating in North America. It was first known as Bed N Bath to reflect the original product lineup but the name was later changed. Bed Bath & Beyond is now an omnichannel retailer that operates a chain of retail stores and an eCommerce platform focused on household products including linens, towels, and kitchen supplies and equipment. Other product lines include home furnishings, juvenile, and consumables. Bed Bath & Beyond Inc. was incorporated in 1971 and is headquartered in Union, New Jersey.

Bed Bath & Beyond made a name for itself in the late 80s and early 90’s due to its widespread appeal and aggressive growth strategy. Its answer to the competition was to help define terms like superstore and category killer and alter the face of US retail. Eventually, the company is forced to make acquisitions in order to sustain its growth.

At the end of February 26, 2022, the company had 953 stores including 771 Bed Bath & Beyond stores in 50 states, the District of Columbia, Puerto Rico, and Canada. The company’s other brands include buybuy Baby, Harmon, and Face Values. The company is operating 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.

Bed Bath & Beyond has a healthy eCommerce business that includes websites and apps like bedbathandbeyond.com, bedbathandbeyond.ca, harmondiscount.com, facevalues.com, buybuybaby.com, buybuybaby.ca, and decorist.com. The eCommerce platform has been central to the company’s business although it has been struggling to hit sales targets consistently since hitting a peak around 2015. Competition from more-successful superstore category killers cut into the business and are still doing so today.

One of the company’s most recognizable advertising campaigns is the 20% off coupon. The company is known to regularly send out 20% off coupons through the mail in an effort to drive traffic. The growth of the Internet led the company to offer the discount online as well so now consumers can get 20% off their first order when using the online portals.

Bed Bath & Beyond once again entered the spotlight during the COVID-19 pandemic due to the weakening nature of the underlying business. Mounting debt and an uncertain outlook led to a rise in short interest that eventually elevated the stock to Meme Stock status. Short interest in the stock topped 40% at times and helped induce wild swings in the share price.

The company fired its then-CEO Mark Triton in early 2022 because of the failing business and Sue Gove stepped in to take his place on interim status. Ms. Gove is an industry veteran with over 30 years of experience in various leadership positions. Even so, the company’s future is not assured.

BBBY Price History

30 days | 90 days | 365 days | Advanced Chart

BBBY Stock News Headlines

September 28, 2023 | americanbankingnews.com

Bed Bath & Beyond (NASDAQ:BBBY) and Tile Shop (NASDAQ:TTSH) Head-To-Head Review

September 25, 2023 | americanbankingnews.com

Financial Review: Bed Bath & Beyond (NASDAQ:BBBY) versus Tile Shop (NASDAQ:TTSH)

September 28, 2023 | Micro-Cap Stock Trader (Ad)

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September 24, 2023 | bizjournals.com

Leasing Tracker: Michaels to fill former Bed Bath & Beyond space; French retailer opens store in Coral Gables

September 22, 2023 | thestreet.com

Bed Bath & Beyond (BBBYQ): The Funeral Is Scheduled for September 30

September 19, 2023 | yahoo.com

Former Employees Sue Bed Bath & Beyond Sue Over $5 Million Losses

September 19, 2023 | americanbankingnews.com

Head to Head Survey: Bed Bath & Beyond (NASDAQ:BBBY) & Tile Shop (NASDAQ:TTSH)

September 15, 2023 | msn.com

Bed Bath & Beyond employees sue over 401(k) plan losses

September 28, 2023 | Wall Street Fundamentals (Ad)

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September 15, 2023 | markets.businessinsider.com

BBBYQ Stock Alert: Bed Bath & Beyond Faces New Employee Lawsuit

September 14, 2023 | finance.yahoo.com

Bankrupt Bed Bath & Beyond targets more ‘price-gouging’ shipping lines

September 11, 2023 | msn.com

BBB: How to spot a fake ‘Bed Bath & Beyond’ sale

September 10, 2023 | nytimes.com

Why Some Ex-Workers at Bed Bath & Beyond Face 401(k) Losses

September 9, 2023 | fortune.com

Meme stock king Ryan Cohen is under investigation for Bed Bath & Beyond trades that netted him $60 million in 5 months

September 8, 2023 | finance.yahoo.com

Billionaire Ryan Cohen's 2022 purchase and abrupt sale of Bed Bath & Beyond shares are being investigated by the SEC, report says

September 8, 2023 | investorplace.com

BBBYQ Stock Alert: Ryan Cohen Faces SEC Probe Over Bed Bath & Beyond

September 7, 2023 | wsj.com

SEC Probes Ryan Cohen's Bed Bath & Beyond Trades

September 6, 2023 | investorplace.com

OSTK Stock Alert: ‘New’ Bed Bath & Beyond Plunges on Disappointing Results

August 28, 2023 | cnbc.com

Bed Bath & Beyond shareholders left holding 'worthless stock' as bankruptcy hearing approaches

August 23, 2023 | investorplace.com

BBBYQ Stock Trades Volatility Ahead of Bed Bath & Beyond Liquidation

August 21, 2023 | thestreet.com

BBBYQ: The End Is Near, But Expect Volatility to Persist Until the Last Minute

August 17, 2023 | investorplace.com

BBBYQ Stock Alert: Bed Bath & Beyond’s Brands Reopen With New Owners

August 17, 2023 | cnbc.com

Several Buy Buy Baby, Harmon stores to reopen after buyers scored deals on the bankrupt brands

August 14, 2023 | thestreet.com

Bed Bath & Beyond Stock (BBBYQ): Will Shareholders Lose Everything?

August 2, 2023 | msn.com

How will Overstock’s new Bed Bath & Beyond store be different from the old one? All your questions answered.

August 2, 2023 | fortune.com

Bed Bath & Beyond's brand returns from the dead after another retailer adopts its name

August 1, 2023 | financialpost.com

Overstock Website Is Now ‘Bigger, Better’ Bed Bath & Beyond, CEO Says

See More Headlines

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BBBY Company Calendar

Last Earnings: 1/06/2022
Today: 9/28/2023
Fiscal Year End: 2/29/2024

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Home furniture, furnishings & equipment stores
Sub-Industry: Homefurnishing Retail
Sector: Retail/Wholesale
Current Symbol: NASDAQ:BBBY
CUSIP: 07589610
CIK: 886158
Web: www.bedbathandbeyond.com
Phone: (908) 688-0888
Fax: 908-688-6483
Employees: 32,000
Year Founded: 1971

Price Target and Rating

Average Stock Price Forecast: $3.25
High Stock Price Forecast: $7.50
Low Stock Price Forecast: $1.50
Forecasted Upside/Downside: +2,223.1%
Consensus Rating: Strong Sell
Rating Score (0-4): 1.00
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($15.20)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-559,620,000.00
Net Margins: -20.54%
Pretax Margin: -20.82%
Return on Equity: N/A
Return on Assets: -18.68%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 0.73
Quick Ratio: 0.17

Sales & Book Value

Annual Sales: $6.21 billion
Price / Sales: 0.01
Cash Flow: $3.50 per share
Price / Cash Flow: 0.04
Book Value: $2.18 per share
Price / Book: 0.06

Miscellaneous

Outstanding Shares: 428,099,000
Free Float: 420,821,000
Market Cap: $59.89 million
Optionable: Optionable
Beta: 1.49

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Key Executives

Sue E. Gove
President, Chief Executive Officer & Director

Holly Felder Etlin
Chief Financial Officer

Scott Lindblom
Chief Technology & Digital Officer

Lynda Markoe
Executive VP, Chief People & Culture Officer

Anuradha Gupta
Chief Growth Officer & Executive Vice President

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

BBBY Stock - Frequently Asked Questions

Should I buy or sell Bed Bath & Beyond stock right now?: 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Bed Bath & Beyond in the last year. There are currently 5 sell ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "strong sell" BBBY shares.
View BBBY analyst ratings or view top-rated stocks.
What is Bed Bath & Beyond's stock price forecast for 2023?: 5 Wall Street analysts have issued twelve-month price objectives for Bed Bath & Beyond's shares. Their BBBY share price forecasts range from $1.50 to $7.50. On average, they predict the company's stock price to reach $3.25 in the next year. This suggests a possible upside of 2,223.1% from the stock's current price.
View analysts price targets for BBBY or view top-rated stocks among Wall Street analysts.
How have BBBY shares performed in 2023?: Bed Bath & Beyond's stock was trading at $2.51 at the beginning of 2023. Since then, BBBY shares have decreased by 94.4% and is now trading at $0.1399.
View the best growth stocks for 2023 here.
How were Bed Bath & Beyond's earnings last quarter?: Bed Bath & Beyond Inc. (NASDAQ:BBBY) announced its quarterly earnings results on Thursday, January, 6th. The retailer reported ($0.25) earnings per share for the quarter, missing analysts' consensus estimates of $0.02 by $0.27. The retailer had revenue of $1.88 billion for the quarter, compared to analyst estimates of $1.95 billion. Bed Bath & Beyond's revenue for the quarter was down 28.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.08 earnings per share.
Is Bed Bath & Beyond a good dividend stock?: Bed Bath & Beyond (NASDAQ:BBBY) pays an annual dividend of $0.68 per share and currently has a dividend yield of 0.00%.
Read our dividend analysis for BBBY.
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 a variety of retail and institutional investors. Top institutional shareholders include Barclays PLC (0.17%), Barclays PLC (0.17%), Mercer Global Advisors Inc. ADV (0.04%), Caption Management LLC (0.00%), Quinn Opportunity Partners LLC (0.00%) and National Bank of Canada FI (0.00%). 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, Ryan Cohen 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 $0.14.
How much money does Bed Bath & Beyond make?: Bed Bath & Beyond (NASDAQ:BBBY) has a market capitalization of $59.89 million and generates $6.21 billion in revenue each year. The retailer earns $-559,620,000.00 in net income (profit) each year or ($15.20) on an earnings per share basis.
How many employees does Bed Bath & Beyond have?: The company 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
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 9/28/2023 by MarketBeat.com Staff

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Bed Bath & Beyond (BBBY) Stock Forecast, Price & News

Bed Bath & Beyond MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Bed Bath & Beyond (NASDAQ:BBBY) Stock

BBBY Price History

BBBY Stock News Headlines

BBBY Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Institutional Ownership

BBBY Stock - Frequently Asked Questions

Overall MarketRank^™