Bed Bath & Beyond Inc. (BBBY) EPS Estimated At $0.37

December 8, 2017 - By Louis Casey

 Bed Bath & Beyond Inc. (BBBY) EPS Estimated At $0.37
Investors sentiment decreased to 0.75 in Q2 2017. Its down 0.13, from 0.88 in 2017Q1. It turned negative, as 77 investors sold Bed Bath & Beyond Inc. shares while 140 reduced holdings. 44 funds opened positions while 118 raised stakes. 133.60 million shares or 0.63% more from 132.77 million shares in 2017Q1 were reported.
Victory Mgmt has invested 0% of its portfolio in Bed Bath & Beyond Inc. (NASDAQ:BBBY). Ariel Invests Limited Co invested 0.03% of its portfolio in Bed Bath & Beyond Inc. (NASDAQ:BBBY). Rampart Investment Mgmt Co Limited Company accumulated 1,909 shares. Ftb Advsr accumulated 698 shares or 0% of the stock. Oxbow Advsr Ltd Llc invested in 26,170 shares. Bluecrest Mgmt Ltd has invested 0.02% in Bed Bath & Beyond Inc. (NASDAQ:BBBY). Moreover, Amalgamated National Bank has 0.03% invested in Bed Bath & Beyond Inc. (NASDAQ:BBBY). Boyar Asset Inc holds 0.71% of its portfolio in Bed Bath & Beyond Inc. (NASDAQ:BBBY) for 31,584 shares. Moreover, Department Mb Finance Natl Bank N A has 0% invested in Bed Bath & Beyond Inc. (NASDAQ:BBBY) for 302 shares. State Treasurer State Of Michigan holds 0.01% or 47,671 shares. Dekabank Deutsche Girozentrale owns 0.03% invested in Bed Bath & Beyond Inc. (NASDAQ:BBBY) for 137,648 shares. Moreover, Aberdeen Asset Management Pcl Uk has 0.02% invested in Bed Bath & Beyond Inc. (NASDAQ:BBBY) for 181,457 shares. State Common Retirement Fund owns 563,649 shares or 0.02% of their US portfolio. Tremblant Capital Gru invested in 0.54% or 246,946 shares. Personal Cap has 0.11% invested in Bed Bath & Beyond Inc. (NASDAQ:BBBY).

Analysts expect Bed Bath & Beyond Inc. (NASDAQ:BBBY) to report $0.37 EPS on December, 20.They anticipate $0.48 EPS change or 56.47 % from last quarter’s $0.85 EPS. BBBY’s profit would be $53.00 million giving it 15.25 P/E if the $0.37 EPS is correct. After having $0.75 EPS previously, Bed Bath & Beyond Inc.’s analysts see -50.67 % EPS growth. The stock decreased 2.25% or $0.52 during the last trading session, reaching $22.57. About 4.42 million shares traded. Bed Bath & Beyond Inc. (NASDAQ:BBBY) has declined 16.34% since December 8, 2016 and is downtrending. It has underperformed by 33.04% the S&P500.

Bed Bath & Beyond Inc. (NASDAQ:BBBY) Ratings Coverage

Among 30 analysts covering Bed Bath & Beyond (NASDAQ:BBBY), 2 have Buy rating, 7 Sell and 21 Hold. Therefore 7% are positive. Bed Bath & Beyond had 67 analyst reports since September 21, 2015 according to SRatingsIntel. Citigroup maintained the shares of BBBY in report on Thursday, September 22 with “Sell” rating. The stock of Bed Bath & Beyond Inc. (NASDAQ:BBBY) has “Neutral” rating given on Friday, September 25 by Credit Agricole. The stock of Bed Bath & Beyond Inc. (NASDAQ:BBBY) earned “Sell” rating by KeyBanc Capital Markets on Wednesday, September 20. On Wednesday, December 23 the stock rating was maintained by Telsey Advisory Group with “Market Perform”. The firm earned “Sell” rating on Friday, June 23 by Bank of America. The firm earned “Neutral” rating on Thursday, March 31 by Credit Suisse. The firm has “Hold” rating by Cantor Fitzgerald given on Friday, November 20. Telsey Advisory Group upgraded it to “Market Perform” rating and $65 target in Friday, September 25 report. The firm has “Neutral” rating by Robert W. Baird given on Friday, January 8. On Thursday, June 23 the stock rating was maintained by Credit Suisse with “Neutral”.

Bed Bath & Beyond Inc., together with its subsidiaries, operates a chain of retail stores. The company has market cap of $3.23 billion. 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 juvenile products. It has a 5.77 P/E ratio. It also provides various textile products, amenities, and other goods to institutional clients in the hospitality, cruise line, healthcare, and other industries.

More notable recent Bed Bath & Beyond Inc. (NASDAQ:BBBY) news were published by: Seekingalpha.com which released: “Buy Bed Bath Before Amazon Does” on November 21, 2017, also Nasdaq.com with their article: “Bed, Bath & Beyond Reaches Analyst Target Price” published on December 05, 2017, Prnewswire.com published: “This Morning’s Technical Outlook on Services Stocks — Bed Bath & Beyond, RH …” on November 28, 2017. More interesting news about Bed Bath & Beyond Inc. (NASDAQ:BBBY) were released by: Seekingalpha.com and their article: “Bed Bath & Beyond: Trapped Under The Blanket” published on November 08, 2017 as well as Fool.com‘s news article titled: “Why Bed Bath & Beyond Inc. Stock Popped Today” with publication date: December 04, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.