First-quarter profit fell to 80 cents a share, the Union, New Jersey-based company said in a statement Wednesday. There are 19 equity research firms suggesting a Hold and 2 consider it Sell.
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Bed Bath & Beyond Inc. has 153,460,000 shares in issue which have a share price of 43.18 giving Bed Bath & Beyond Inc. a market capitalisation of 6.63B United States dollars. Fassler covers the Services sector, focusing on stocks such as Kar Auction Services Inc, Walgreens Boots Alliance, and Dick’s Sporting Goods. Analyst recommendation for this stock stands at 3.10. “0” brokerage firms have issued “Sell” rating for the company and “Strong Sell” rating was issued by “2.8” brokerage firms. (NASDAQ:BBBY) is expected to issue their next earnings release for the current quarter on 2016-06-22. HELMERICH HANS is one of the largest insider shareholders in Bed Bath & Beyond Inc. Topeka Capital Markets Initiated Bed Bath & Beyond on May 24, 2016 to “Sell”, Price Target of the shares are set at $37.Barclays Initiated Bed Bath & Beyond on Mar 31, 2016 to “Equal Weight”, Price Target of the shares are set at $50. Cullinan Associates Inc. raised its stake in Bed Bath & Beyond by 2.1% in the first quarter.
Bed Bath & Beyond (BBBY) was Reiterated by Telsey Advisory Group to “Market Perform” while Lowering the Price Target of the company shares to $ 45 from a previous price target of $50. That is compared with the $1.73 in earnings per share it reported during the same period past year. The retailer reported $0.80 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.86 by $0.06. The 52-week high of the shares is $71.38 while the 52-week low is $41.26. Wall Street analysts surveyed by Zacks Research are projecting earnings per share of $0.91. JPMorgan Chase & Co. restated a “hold” rating and set a $47.00 target price (down previously from $51.00) on shares of Bed Bath & Beyond in a research report on Thursday.
Several other equities analysts also recently issued reports on the company.
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Bed Bath & Beyond Inc.is a retailer, which operates under the names Bed Bath & Beyond (BBB), Christmas Tree Shops, Christmas Tree Shops andThat! or andThat!
