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

December 11, 2017 - By Michael Collier

 EPS for Bed Bath & Beyond Inc. (BBBY) Expected At $0.37
Investors sentiment decreased to 0.75 in Q2 2017. Its down 0.13, from 0.88 in 2017Q1. It dived, 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.
Mitsubishi Ufj Tru And Corporation has invested 0.02% in Bed Bath & Beyond Inc. (NASDAQ:BBBY). Ing Groep Nv holds 0.02% of its portfolio in Bed Bath & Beyond Inc. (NASDAQ:BBBY) for 33,046 shares. Ajo Lp owns 2.19M shares. Boothbay Fund Mngmt Limited Liability Com holds 16,275 shares or 0.1% of its portfolio. Lombard Odier Asset Mngmt (Switzerland) Sa reported 49,469 shares. 35,538 were accumulated by Lingohr Partner Asset Mgmt Gmbh. Financial Bank Of Nova Scotia has invested 0.08% of its portfolio in Bed Bath & Beyond Inc. (NASDAQ:BBBY). Moreover, Olstein Capital Limited Partnership has 1.14% invested in Bed Bath & Beyond Inc. (NASDAQ:BBBY) for 294,600 shares. Wilsey Asset Mgmt holds 2.69% or 122,107 shares in its portfolio. Convergence Investment Prtn Lc accumulated 34,309 shares. Tudor Invest Corporation Et Al invested in 0.07% or 80,322 shares. Farmers And Merchants Invs Inc owns 44 shares. Wells Fargo And Mn has 274,194 shares for 0% of their portfolio. Td Asset Mgmt reported 173,172 shares. Bessemer Group, New Jersey-based fund reported 44,974 shares.

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 $53.00M giving it 15.59 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 increased 2.26% or $0.51 during the last trading session, reaching $23.08. About 4.04M shares traded. Bed Bath & Beyond Inc. (NASDAQ:BBBY) has declined 16.34% since December 11, 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 has $85 highest and $17 lowest target. $42.92’s average target is 85.96% above currents $23.08 stock price. Bed Bath & Beyond had 67 analyst reports since September 21, 2015 according to SRatingsIntel. The firm earned “Sell” rating on Thursday, September 22 by Citigroup. Jefferies maintained Bed Bath & Beyond Inc. (NASDAQ:BBBY) rating on Thursday, August 31. Jefferies has “Hold” rating and $34.0 target. The stock of Bed Bath & Beyond Inc. (NASDAQ:BBBY) has “Hold” rating given on Wednesday, September 20 by Credit Suisse. The stock has “Sell” rating by Citigroup on Wednesday, January 27. Topeka Capital Markets initiated Bed Bath & Beyond Inc. (NASDAQ:BBBY) on Tuesday, May 24 with “Sell” rating. The stock of Bed Bath & Beyond Inc. (NASDAQ:BBBY) has “Hold” rating given on Friday, May 12 by Loop Capital. Barclays Capital maintained Bed Bath & Beyond Inc. (NASDAQ:BBBY) rating on Wednesday, September 20. Barclays Capital has “Equal-Weight” rating and $30 target. The stock of Bed Bath & Beyond Inc. (NASDAQ:BBBY) earned “Hold” rating by BTIG Research on Friday, June 23. On Thursday, June 23 the stock rating was maintained by JP Morgan with “Neutral”. The stock has “Market Perform” rating by Telsey Advisory Group on Friday, September 25.

Bed Bath & Beyond Inc., together with its subsidiaries, operates a chain of retail stores. The company has market cap of $3.31 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 5.9 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: Reuters.com which released: “Bed Bath & Beyond secures attorneys’ fees in ‘weak’ patent case” on December 09, 2017, also Nasdaq.com with their article: “Bed, Bath & Beyond Reaches Analyst Target Price” published on December 05, 2017, Benzinga.com published: “Najarian Brothers See Unusual Options Activity In Bed Bath & Beyond And …” on November 14, 2017. More interesting news about Bed Bath & Beyond Inc. (NASDAQ:BBBY) were released by: Fool.com and their article: “Why Bed Bath & Beyond Inc. Stock Popped Today” published on December 04, 2017 as well as Seekingalpha.com‘s news article titled: “Buy Bed Bath Before Amazon Does” with publication date: November 21, 2017.

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