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

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$17.48 +3.61 (+26.02 %)
(As of 03/26/2019 12:12 PM ET)
Previous Close$13.87
Today's Range$17.0650 - $18.09
52-Week Range$10.46 - $21.76
Volume31.75 million shs
Average Volume4.14 million shs
Market Capitalization$2.41 billion
P/E Ratio5.60
Dividend Yield4.67%
Beta1.15
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. It also provides various textile products, amenities, and other goods to institutional customers in the hospitality, cruise line, healthcare, and other industries. As of December 1, 2018, the company had a total of 1,550 stores, including 1,005 Bed Bath & Beyond stores in 50 states, the District of Columbia, Puerto Rico, and Canada; 282 stores under the names of World Market, Cost Plus World Market, or Cost Plus; 122 buybuy BABY stores; 82 stores under the Christmas Tree Shops, Christmas Tree Shops andThat! or andThat! names; 57 stores under the Harmon, Harmon Face Values, or Face Values names; and 2 retail stores under the One Kings Lane name. 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, it 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. The company was founded in 1971 and is based in Union, New Jersey.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Home furniture, furnishings & equipment stores
Sub-IndustryHomefurnishing Retail
SectorRetail/Wholesale
Current SymbolNASDAQ:BBBY
Previous Symbol
CUSIP07589610
CIK886158
Webwww.bedbathandbeyond.com
Phone908-688-0888

Debt

Debt-to-Equity Ratio0.51
Current Ratio1.67
Quick Ratio0.55

Price-To-Earnings

Trailing P/E Ratio5.60
Forward P/E Ratio8.74
P/E Growth5.16

Sales & Book Value

Annual Sales$12.35 billion
Price / Sales0.20
Cash Flow$6.6982 per share
Price / Cash Flow2.61
Book Value$20.28 per share
Price / Book0.86

Profitability

EPS (Most Recent Fiscal Year)$3.12
Net Income$424.85 million
Net Margins2.50%
Return on Equity11.08%
Return on Assets4.44%

Miscellaneous

Employees65,000
Outstanding Shares138,050,000
Market Cap$2.41 billion
Next Earnings Date4/10/2019 (Confirmed)
OptionableOptionable

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 Thursday, January 10th. Stockholders of record on Friday, March 15th will be given a dividend of $0.16 per share on Tuesday, April 16th. This represents a $0.64 annualized dividend and a dividend yield of 3.63%. The ex-dividend date of this dividend is Thursday, March 14th. View Bed Bath & Beyond's Dividend History.

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

Bed Bath & Beyond Inc. (NASDAQ:BBBY) posted its earnings results on Wednesday, January, 9th. The retailer reported $0.18 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.17 by $0.01. The retailer earned $3.03 billion during the quarter, compared to the consensus estimate of $3.04 billion. Bed Bath & Beyond had a return on equity of 11.08% and a net margin of 2.50%. The company's revenue for the quarter was up 2.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.44 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, April 10th 2019. View Earnings Estimates for Bed Bath & Beyond.

How can I listen to Bed Bath & Beyond's earnings call?

Bed Bath & Beyond will be holding an earnings conference call on Wednesday, April 10th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

What guidance has Bed Bath & Beyond issued on next quarter's earnings?

Bed Bath & Beyond issued an update on its FY20 earnings guidance on Wednesday, January, 9th. The company provided earnings per share (EPS) guidance of approx $2.00 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.59. Bed Bath & Beyond also updated its FY 2018 guidance to $2.00-2.00 EPS.

What price target have analysts set for BBBY?

18 Wall Street analysts have issued twelve-month price objectives for Bed Bath & Beyond's stock. Their forecasts range from $10.00 to $20.00. On average, they expect Bed Bath & Beyond's share price to reach $13.7333 in the next twelve months. This suggests that the stock has a possible downside of 22.2%. View Analyst Price Targets for Bed Bath & Beyond.

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

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bed Bath & Beyond in the last year. There are currently 9 sell ratings, 8 hold ratings and 1 strong buy rating 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 outperformed the industry in the past three months, thanks to progress on reaching its long-term financial targets. The company expects moderating declines in operating profit and earnings per share in fiscal 2018 and 2019. It also anticipates witnessing earnings per share growth by fiscal 2020. Further, the company has a solid surprise trend, with earnings beat in four of the last five quarters, including the third quarter of fiscal 2018. Though sales missed estimates for the second straight quarter, it grew year over year due to gains from transformation efforts and other customer-centric initiatives. Its store-growth initiatives and shareholder-friendly moves are also commendable. However, the company is witnessing soft comps for a while now, which is expected to inch down 1% in fiscal 2018. Also, the company's long trend of strained margins, owing to higher spending, is likely to persist in fiscal 2018." (3/12/2019)
  • 2. Wells Fargo & Co analysts commented, "We model +1.8% sales growth, or below BBBY’s +MSD guidance, based on – 0.3% comps (vs. -0.6% in +2.2% calendar shift contribution that adds an extra week of holiday sales in the quarter (vs. +3.3% Street). This calendar shift reverses in Q4 and BBBY laps a 53rd week (in Q4 FY17), which drives our -8.1% Q4 sales estimate (vs. guide of -HSD) despite what appears to be a solid holiday season for the industry. We expect Q3 gross margin pressure of – 100bps (28th straight declining quarter) driven by high couponing, expansion of loyalty initiatives (BEYOND+, and higher mix of lower margin online sales. While cost reduction efforts are underway, we model higher Q3 ad spend and ongoing SG&A deleverage to drive -205bps of EBIT margin contraction (26th straight declining quarter)." (1/7/2019)

Has Bed Bath & Beyond been receiving favorable news coverage?

News stories about BBBY stock have been trending somewhat negative this week, InfoTrie Sentiment Analysis reports. InfoTrie rates the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Bed Bath & Beyond earned a media sentiment score of -1.4 on InfoTrie's scale. They also assigned media headlines about the retailer a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the next few days.

Are investors shorting Bed Bath & Beyond?

Bed Bath & Beyond saw a increase in short interest in February. As of February 28th, there was short interest totalling 43,309,402 shares, an increase of 1.8% from the February 15th total of 44,093,660 shares. Based on an average daily volume of 2,872,102 shares, the days-to-cover ratio is presently 15.1 days. Currently, 32.8% of the shares of the stock are sold short. View Bed Bath & Beyond's Current Options Chain.

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

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 General Electric (GE), Bank of America (BAC), Starbucks (SBUX), Twitter (TWTR), Micron Technology (MU), Netflix (NFLX), Intel (INTC), Tesla (TSLA), Cisco Systems (CSCO) and NVIDIA (NVDA).

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 88)
  • Mr. Leonard Joseph Feinstein, Co-Founder & Co-Chairman (Age 80)
  • Mr. Steven H. Temares, CEO & Director (Age 60)
  • Mr. Eugene A. Castagna, COO & Pres (Age 53)
  • Ms. Susan E. Lattmann, Chief Admin. Officer (Age 51)

Who are Bed Bath & Beyond's major shareholders?

Bed Bath & Beyond's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (11.90%), FMR LLC (10.66%), Dimensional Fund Advisors LP (8.16%), Contrarius Investment Management Ltd (6.67%), Bank of New York Mellon Corp (2.36%) and Norges Bank (1.78%). Company insiders that own Bed Bath & Beyond stock include Arthur Stark, Eugene A Castagna, Jordan Heller, Matthew Fiorilli and Steven H Temares. View Institutional Ownership Trends for Bed Bath & Beyond.

Which major investors are selling Bed Bath & Beyond stock?

BBBY stock was sold by a variety of institutional investors in the last quarter, including Towle & Co., South Texas Money Management Ltd., Millennium Management LLC, Squarepoint Ops LLC, Moon Capital Management LP, Isthmus Partners LLC, Northern Trust Corp and Bank of Montreal Can. Company insiders that have sold Bed Bath & Beyond company stock in the last year include Eugene A Castagna and Jordan Heller. View Insider Buying and Selling for Bed Bath & Beyond.

Which major investors are buying Bed Bath & Beyond stock?

BBBY stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, Contrarius Investment Management Ltd, Dimensional Fund Advisors LP, Bank of New York Mellon Corp, Oregon Public Employees Retirement Fund, BlackRock Inc., Gotham Asset Management LLC and FMR LLC. 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 $17.65.

How big of a company is Bed Bath & Beyond?

Bed Bath & Beyond has a market capitalization of $2.44 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.

What is Bed Bath & Beyond's official website?

The official website for Bed Bath & Beyond is http://www.bedbathandbeyond.com.

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:  692 (Vote Outperform)
Underperform Votes:  1,184 (Vote Underperform)
Total Votes:  1,876
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 3/26/2019 by MarketBeat.com Staff

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