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S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Wall Street Legend Who Called AMZN Crash Issues New Sell Alert (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Wall Street Legend Who Called AMZN Crash Issues New Sell Alert (Ad)
Apple is expected to unveil a sleek, pricey headset. Is it the device VR has been looking for?
With oil prices slumping, OPEC+ producers weigh more production cuts
Wall Street Legend Who Called AMZN Crash Issues New Sell Alert (Ad)
Oil tanker breaks down in Egypt's Suez Canal, briefly disrupting traffic in the global waterway
Las Vegas ballpark pitch revives debate over public funding for sports stadiums
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Wall Street Legend Who Called AMZN Crash Issues New Sell Alert (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Wall Street Legend Who Called AMZN Crash Issues New Sell Alert (Ad)
Apple is expected to unveil a sleek, pricey headset. Is it the device VR has been looking for?
With oil prices slumping, OPEC+ producers weigh more production cuts
Wall Street Legend Who Called AMZN Crash Issues New Sell Alert (Ad)
Oil tanker breaks down in Egypt's Suez Canal, briefly disrupting traffic in the global waterway
Las Vegas ballpark pitch revives debate over public funding for sports stadiums
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Wall Street Legend Who Called AMZN Crash Issues New Sell Alert (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Wall Street Legend Who Called AMZN Crash Issues New Sell Alert (Ad)
Apple is expected to unveil a sleek, pricey headset. Is it the device VR has been looking for?
With oil prices slumping, OPEC+ producers weigh more production cuts
Wall Street Legend Who Called AMZN Crash Issues New Sell Alert (Ad)
Oil tanker breaks down in Egypt's Suez Canal, briefly disrupting traffic in the global waterway
Las Vegas ballpark pitch revives debate over public funding for sports stadiums

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

$0.25
-0.01 (-3.86%)
(As of 06/2/2023 ET)
Compare
Today's Range
$0.24
$0.30
50-Day Range
$0.08
$0.82
52-Week Range
$0.07
$30.00
Volume
25.67 million shs
Average Volume
122.76 million shs
Market Capitalization
$106.60 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$3.70

Bed Bath & Beyond MarketRank™ Forecast

Analyst Rating
Reduce
1.00 Rating Score
Upside/​Downside
1,385.9% Upside
$3.70 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
-1.69
Upright™ Environmental Score
News Sentiment
1.14mentions of Bed Bath & Beyond in the last 14 days
Based on 7 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.

1.82 out of 5 stars

Retail/Wholesale Sector

149th out of 208 stocks

Home Furniture, Furnishings & Equipment Stores Industry

3rd out of 3 stocks


BBBY stock logo

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. 

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BBBY Stock News Headlines

Big Lots Becomes A Stomach Churning Value Play (BBBY)
Big Lots may have just killed any faith investors had left after announcing disappointing first quarter 2023 earnings results. Analysts see a tripling in price
Will Short Covering Mean Price Gains At 3 Growing Companies? (BBBY)
Short-covering could propel shares of Sprouts, Life Time Group and Super Micro Computer. Short sellers targeted them, despite solid expectations for growth.
Sell Every Stock, Except ONE (Ticker Revealed)
We saw one of the longest bull markets in history, with the S&P surging well over 800% But now the chickens have come home to roost. However, Jeff Clark couldn’t care less because he ignores almost every single stock in the market.
Sell Every Stock, Except ONE (Ticker Revealed)
We saw one of the longest bull markets in history, with the S&P surging well over 800% But now the chickens have come home to roost. However, Jeff Clark couldn’t care less because he ignores almost every single stock in the market.
Bed Bath & Beyond (OTC: BBBY)
See More Headlines

BBBY Price History

BBBY Company Calendar

Last Earnings
1/06/2022
Today
6/04/2023
Next Earnings (Estimated)
6/27/2023
Fiscal Year End
2/29/2024

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
$3.70
High Stock Price Forecast
$7.50
Low Stock Price Forecast
$1.50
Forecasted Upside/Downside
+1,385.9%
Consensus Rating
Reduce
Rating Score (0-4)
1.00
Research Coverage
11 Analysts

Profitability

Net Income
$-559,620,000.00
Pretax Margin
-20.82%

Debt

Sales & Book Value

Annual Sales
$6.21 billion
Cash Flow
$6.23 per share
Book Value
$2.18 per share

Miscellaneous

Free Float
420,821,000
Market Cap
$106.60 million
Optionable
Optionable
Beta
1.49

Social Links


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













BBBY Stock - Frequently Asked Questions

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

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Bed Bath & Beyond in the last year. There are currently 11 sell ratings for the stock. The consensus among Wall Street 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 2023?

11 brokers have issued 12-month target prices for Bed Bath & Beyond's stock. Their BBBY share price forecasts range from $1.50 to $7.50. On average, they predict the company's share price to reach $3.70 in the next year. This suggests a possible upside of 1,385.9% 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 on January 1st, 2023. Since then, BBBY stock has decreased by 90.1% and is now trading at $0.2490.
View the best growth stocks for 2023 here
.

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

The company is scheduled to release its next quarterly earnings announcement on Tuesday, June 27th 2023.
View our BBBY earnings forecast
.

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

Bed Bath & Beyond Inc. (NASDAQ:BBBY) announced its quarterly earnings data on Thursday, January, 6th. The retailer reported ($0.25) EPS for the quarter, missing the consensus estimate 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. The firm's revenue for the quarter was down 28.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.08 earnings per share.

What ETFs hold Bed Bath & Beyond's stock?

ETFs with the largest weight of Bed Bath & Beyond (NASDAQ:BBBY) stock in their portfolio include Principal Millennial Global Growth ETF (GENY), Global X Millennial Consumer ETF (MILN),

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 institutional and retail investors. Top institutional shareholders include Hudson Bay Capital Management LP (5.67%), Nomura Holdings Inc. (0.00%), Susquehanna International Group LLP (0.00%), Simplex Trading LLC (0.00%), State Street Corp (0.51%) and Geode Capital Management LLC (0.43%). 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 $0.25.

How much money does Bed Bath & Beyond make?

Bed Bath & Beyond (NASDAQ:BBBY) has a market capitalization of $106.60 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 6/4/2023 by MarketBeat.com Staff

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