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

$14.77
+0.33 (+2.29 %)
(As of 12/6/2019 04:00 PM ET)
Today's Range
$14.68
Now: $14.77
$15.13
50-Day Range
$12.46
MA: $13.81
$14.81
52-Week Range
$7.31
Now: $14.77
$19.57
Volume4.78 million shs
Average Volume7.16 million shs
Market Capitalization$1.87 billion
P/E Ratio7.20
Dividend Yield4.71%
Beta1.29
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. Read More…

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$12.03 billion
Cash Flow$8.64 per share
Book Value$19.38 per share

Profitability

Net Income$-137,220,000.00

Miscellaneous

Employees62,000
Market Cap$1.87 billion
Next Earnings Date1/8/2020 (Estimated)
OptionableOptionable

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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 declared a quarterly dividend on Wednesday, October 2nd. Shareholders of record on Friday, December 13th will be given a dividend of $0.17 per share on Tuesday, January 14th. This represents a $0.68 dividend on an annualized basis and a yield of 4.60%. The ex-dividend date is Thursday, December 12th. 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, October, 2nd. The retailer reported $0.34 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.27 by $0.07. The retailer had revenue of $2.72 billion for the quarter, compared to the consensus estimate of $2.76 billion. Bed Bath & Beyond had a positive return on equity of 10.20% and a negative net margin of 6.36%. The business's revenue for the quarter was down 7.3% on a year-over-year basis. During the same period in the previous year, the business earned $0.36 earnings per share. 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, January 8th 2020. View Earnings Estimates for Bed Bath & Beyond.

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

Bed Bath & Beyond updated its FY20 earnings guidance on Wednesday, October, 2nd. The company provided earnings per share guidance of $2.08-2.13 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.87. The company issued revenue guidance of approx $11.40 billion, compared to the consensus revenue estimate of $11.39 billion.

What price target have analysts set for BBBY?

18 analysts have issued 12-month target prices 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 $14.06 in the next year. This suggests that the stock has a possible downside of 4.8%. 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 4 sell ratings, 10 hold ratings and 4 buy 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 outperformed the industry in the past three months. Moreover, the company is progressing well to accomplish the long-term financial targets. It expects moderating declines in operating profit and earnings per share in fiscal 2018 and 2019. Further, management estimates earnings per share of about $2 for fiscal 2018. Additionally, gains from transformation efforts and other customer-centric initiatives are likely to aid results. Notably, the company has a solid earnings surprise trend, with beat in four of the last five quarters. However, the company has been battling margin pressures for 10 straight quarters now, driven by lower merchandise margin and higher SG&A expenses. In fiscal 2018, margins will continue to remain weak owing to higher spending in the customer value proposition and the digital channels. Further, the company is witnessing soft comps, which is expected to dip 1% in fiscal 2018." (4/10/2019)
  • 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 coverage about BBBY stock has been trending neutral on Saturday, according to InfoTrie Sentiment. InfoTrie identifies negative and positive press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Bed Bath & Beyond earned a daily sentiment score of 0.2 on InfoTrie's scale. They also assigned news stories about the retailer a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for Bed Bath & Beyond.

Are investors shorting Bed Bath & Beyond?

Bed Bath & Beyond saw a drop in short interest in the month of November. As of November 15th, there was short interest totalling 60,550,000 shares, a drop of 7.1% from the October 31st total of 65,180,000 shares. Based on an average daily volume of 8,110,000 shares, the short-interest ratio is presently 7.5 days. Approximately 50.4% of the shares of the company are short sold. 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 Verizon Communications (VZ), Pandora Media (P), HCA Healthcare (HCA), Ryder System (R), Bank of America (BAC), NVIDIA (NVDA), Alibaba Group (BABA), Micron Technology (MU), Tesla (TSLA) and Ford Motor (F).

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 a number of of retail and institutional investors. Top institutional shareholders include State Street Corp (3.66%), Robeco Institutional Asset Management B.V. (3.23%), Parametric Portfolio Associates LLC (1.85%), Smith Graham & Co. Investment Advisors LP (0.50%), Dalton Greiner Hartman Maher & Co. (0.38%) and Rhumbline Advisers (0.33%). Company insiders that own Bed Bath & Beyond stock include Eugene A Castagna, Jordan Heller and Matthew Fiorilli. 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 Russell Investments Group Ltd., State Street Corp, SG Americas Securities LLC, Engine Capital Management LP, First Trust Advisors LP, New York State Teachers Retirement System, ARP Americas LP and Rowland & Co. Investment Counsel ADV. View Insider Buying and Selling for Bed Bath & Beyond.

Which major investors are buying Bed Bath & Beyond stock?

BBBY stock was bought by a variety of institutional investors in the last quarter, including Robeco Institutional Asset Management B.V., Maverick Capital Ltd., Parametric Portfolio Associates LLC, Smith Graham & Co. Investment Advisors LP, Thompson Investment Management Inc., Pacer Advisors Inc., Nisa Investment Advisors LLC and Valueworks 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, Robinhood, Fidelity and Charles Schwab.

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

One share of BBBY stock can currently be purchased for approximately $14.77.

How big of a company is Bed Bath & Beyond?

Bed Bath & Beyond has a market capitalization of $1.87 billion and generates $12.03 billion in revenue each year. The retailer earns $-137,220,000.00 in net income (profit) each year or $2.05 on an earnings per share basis. Bed Bath & Beyond employs 62,000 workers across the globe.View Additional Information About Bed Bath & Beyond.

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 or via email at [email protected]


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

Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  772 (Vote Outperform)
Underperform Votes:  1,322 (Vote Underperform)
Total Votes:  2,094
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 12/7/2019 by MarketBeat.com Staff

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