Investment Analysts’ Weekly Ratings Updates for Bed Bath & Beyond (BBBY)

Share on StockTwits

Bed Bath & Beyond (NASDAQ: BBBY) recently received a number of ratings updates from brokerages and research firms:

  • 10/10/2019 – Bed Bath & Beyond had its “outperform” rating reaffirmed by analysts at Wedbush. They now have a $16.00 price target on the stock.
  • 10/10/2019 – Bed Bath & Beyond was upgraded by analysts at Telsey Advisory Group from a “market perform” rating to an “outperform” rating. They now have a $16.00 price target on the stock, up previously from $14.00.
  • 10/10/2019 – Bed Bath & Beyond was given a new $20.00 price target on by analysts at Bank of America Corp. They now have a “buy” rating on the stock.
  • 10/10/2019 – Bed Bath & Beyond was upgraded by analysts at Raymond James to a “buy” rating.
  • 10/8/2019 – Bed Bath & Beyond was given a new $12.00 price target on by analysts at Morgan Stanley. They now have a “hold” rating on the stock.
  • 10/3/2019 – Bed Bath & Beyond had its price target lowered by analysts at UBS Group AG from $13.00 to $11.00. They now have a “neutral” rating on the stock.
  • 10/3/2019 – Bed Bath & Beyond had its price target lowered by analysts at Loop Capital from $12.00 to $10.00. They now have a “hold” rating on the stock.
  • 10/3/2019 – Bed Bath & Beyond had its price target lowered by analysts at Jefferies Financial Group Inc from $13.00 to $11.00. They now have a “hold” rating on the stock.
  • 10/2/2019 – Bed Bath & Beyond was upgraded by analysts at ValuEngine from a “strong sell” rating to a “sell” rating.
  • 9/30/2019 – Bed Bath & Beyond was upgraded by analysts at Wedbush from a “neutral” rating to an “outperform” rating. They now have a $16.00 price target on the stock, up previously from $14.00.
  • 9/30/2019 – Bed Bath & Beyond was given a new $13.00 price target on by analysts at UBS Group AG. They now have a “hold” rating on the stock.
  • 9/30/2019 – Bed Bath & Beyond was given a new $20.00 price target on by analysts at Bank of America Corp. They now have a “buy” rating on the stock.
  • 9/30/2019 – Bed Bath & Beyond was given a new $17.00 price target on by analysts at Raymond James. They now have a “buy” rating on the stock.
  • 8/31/2019 – Bed Bath & Beyond was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
  • 8/30/2019 – Bed Bath & Beyond was upgraded by analysts at ValuEngine from a “strong sell” rating to a “sell” rating.
  • 8/30/2019 – Bed Bath & Beyond was given a new $17.00 price target on by analysts at Raymond James. They now have a “buy” rating on the stock.
  • 8/23/2019 – Bed Bath & Beyond was upgraded by analysts at BidaskClub from a “strong sell” rating to a “sell” rating.

BBBY stock opened at $11.99 on Wednesday. The company has a debt-to-equity ratio of 1.73, a current ratio of 1.46 and a quick ratio of 0.52. The company has a fifty day moving average price of $10.21 and a two-hundred day moving average price of $12.23. Bed Bath & Beyond Inc. has a one year low of $7.31 and a one year high of $19.57. The stock has a market cap of $1.64 billion, a price-to-earnings ratio of 5.85, a price-to-earnings-growth ratio of 6.76 and a beta of 1.25.

Bed Bath & Beyond (NASDAQ:BBBY) last released its quarterly earnings data on Wednesday, October 2nd. The retailer reported $0.34 EPS for the quarter, topping the Zacks’ consensus estimate of $0.27 by $0.07. Bed Bath & Beyond had a negative net margin of 6.36% and a positive return on equity of 10.20%. The firm had revenue of $2.72 billion during the quarter, compared to analysts’ expectations of $2.76 billion. During the same period in the previous year, the business posted $0.36 earnings per share. The company’s revenue for the quarter was down 7.3% compared to the same quarter last year. Research analysts anticipate that Bed Bath & Beyond Inc. will post 1.92 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, January 14th. Stockholders of record on Friday, December 13th will be given a $0.17 dividend. The ex-dividend date is Thursday, December 12th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 5.67%. Bed Bath & Beyond’s payout ratio is presently 33.17%.

Several institutional investors have recently made changes to their positions in BBBY. Invesco Ltd. boosted its position in shares of Bed Bath & Beyond by 505.0% in the second quarter. Invesco Ltd. now owns 3,712,146 shares of the retailer’s stock valued at $43,135,000 after acquiring an additional 3,098,546 shares during the period. Vanguard Group Inc. boosted its position in shares of Bed Bath & Beyond by 20.2% in the second quarter. Vanguard Group Inc. now owns 15,982,481 shares of the retailer’s stock valued at $185,717,000 after acquiring an additional 2,684,312 shares during the period. Man Group plc boosted its position in shares of Bed Bath & Beyond by 250.5% in the second quarter. Man Group plc now owns 2,910,357 shares of the retailer’s stock valued at $33,819,000 after acquiring an additional 2,079,908 shares during the period. Robeco Institutional Asset Management B.V. boosted its position in shares of Bed Bath & Beyond by 86.7% in the second quarter. Robeco Institutional Asset Management B.V. now owns 3,251,093 shares of the retailer’s stock valued at $37,778,000 after acquiring an additional 1,509,692 shares during the period. Finally, Prudential Financial Inc. boosted its position in shares of Bed Bath & Beyond by 106.4% in the second quarter. Prudential Financial Inc. now owns 1,602,183 shares of the retailer’s stock valued at $18,617,000 after acquiring an additional 825,756 shares during the period.

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.

Further Reading: Quantitative Easing

Receive News & Ratings for Bed Bath & Beyond Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bed Bath & Beyond Inc and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Swisscom  Share Price Passes Above 200 Day Moving Average of $49.50
Swisscom Share Price Passes Above 200 Day Moving Average of $49.50
Endeavour Silver  Stock Passes Above 200 Day Moving Average of $2.23
Endeavour Silver Stock Passes Above 200 Day Moving Average of $2.23
China Distance Education  Share Price Crosses Above 200-Day Moving Average of $5.50
China Distance Education Share Price Crosses Above 200-Day Moving Average of $5.50
PA Rl Est Invt/RED PFD sh S C  Trading Down 0.5%
PA Rl Est Invt/RED PFD sh S C Trading Down 0.5%
Mercadolibre  Upgraded at BidaskClub
Mercadolibre Upgraded at BidaskClub
RadNet  Downgraded by Zacks Investment Research
RadNet Downgraded by Zacks Investment Research


 
© 2006-2019 Zolmax.