Bed Bath & Beyond Inc

Cornelia Mascio
Agosto 18, 2017

The stock, after opening at $6.2, touched a high of $6.3 before paring much of its gains. Next quarter's EPS is estimated at $0.71 and the next full year EPS is anticipated to be $3.91. The company is scheduled to announce its next earnings results after the market closes on Tuesday, September 19th. In the last earnings report the EPS was $4.35 and is projected to be $4.02 for the current year with 140,696,000 shares now outstanding. Analysts set a 12-month price target of $10.5 a share. Zacks' sales calculations are an average based on a survey of research analysts that that provide coverage for Bed Bath & Beyond. (NASDAQ:BBBY) inclined 0.69% in morning trade Wednesday. (BBBY) failed to surprise the stock market in its last reported earnings when it earned $0.58 a piece versus the consensus-estimated $0.66. The business had revenue of $2.74 billion for the quarter, compared to analysts' expectations of $2.79 billion. Bed Bath & Beyond had a net margin of 5.22% and a return on equity of 24.38%. Bed Bath & Beyond's quarterly revenue was up.1% on a year-over-year basis. Frontier Ltd Limited Liability Company holds 0% or 288 shares in its portfolio.

A number of brokerages recently weighed in on BBBY. Finally, Wolfe Research cut Bed Bath & Beyond from a "peer perform" rating to an "underperform" rating and set a $31.00 price target for the a report on Monday, June 19th. Loop Capital upgraded the stock to "Buy" rating in Friday, April 21 report. Finally, UBS Asset Management Americas Inc. raised its stake in Bed Bath & Beyond by 64.6% in the fourth quarter. Argus Research maintained it with "Buy" rating and $154 target in Wednesday, August 17 report. Ten analysts have rated the stock with a sell rating, thirteen have given a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the stock. Bed Bath & Beyond has an average rating of "Hold" and a consensus target price of $35.24. The stock has been active on the tape, now trading at $27.76, up from yesterday's close by 0.69%. The total value of its holdings increased 518.8%. Tillar-Wenstrup Advisors Llc bought 8,921 shares as the company's stock declined 14.12% while stock markets rallied. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. It dropped, as 84 investors sold Home Depot Inc shares while 664 reduced holdings. The shares were sold at an average price of $39.56, for a total transaction of $1,766,907.84. Chilton Investment Co Llc owns 600,226 shares or 6.54% of their USA portfolio. The disclosure for this sale can be found here. Institutional investors own 91.50% of the company's stock. Nordea Investment Management AB raised its position in shares of Bed Bath & Beyond by 1.7% in the first quarter.

As of the end of the quarter Fny Partners Fund Lp had sold 990 shares trimming its position 99.0%. First Manhattan Co. now owns 2,966 shares of the retailer's stock worth $127,000 after buying an additional 500 shares during the last quarter.

David Stemerman increased its stake in Ptc Inc (PTC) by 25.24% based on its latest 2016Q4 regulatory filing with the SEC.

PGGM Investments raised its position in Bed Bath & Beyond Inc. (NASDAQ:BBBY). Highstreet Asset Management Inc holds 0.28% in Bed Bath & Beyond Inc. UBS Asset Management Americas Inc. boosted its stake in Bed Bath & Beyond by 64.6% in the fourth quarter. Janney Montgomery Scott LLC now owns 11,270 shares of the retailer's stock valued at $445,000 after buying an additional 4,218 shares during the last quarter.

Other hedge funds have also modified their holdings of the company. (NASDAQ:BBBY). Florida-based Independent Consultants Incorporated has invested 0.03% in Bed Bath & Beyond Inc. About shares traded. PAREXEL International Corporation (NASDAQ:PRXL) has risen 35.35% since August 18, 2016 and is uptrending. Bed Bath & Beyond has a 1-year low of $28.33 and a 1-year high of $48.83. The firm has a 50-day moving average price of $29.46 and a 200 day moving average price of $35.77. The firm has a market cap of $4.11 billion, a PE ratio of 6.73 and a beta of 1.13. Stockholders of record on Friday, September 15th will be paid a dividend of $0.15 per share. The ex-dividend date is Thursday, September 14th. This represents a $0.60 annualized dividend and a dividend yield of 2.18%.

Investors wait Bed Bath & Beyond Inc. (NASDAQ:BBBY). Ameriprise Financial owns 72,220 shares.

Bed Bath & Beyond Inc., launched on October 5, 1971, is a retailer, which operates under the names Bed Bath & Beyond (BBB), Christmas Tree Shops, Christmas Tree Shops andThat! or andThat!

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