Analysts See $0.37 EPS for Bed Bath & Beyond Inc. (BBBY)

December 12, 2017 - By Adrian Erickson

 Analysts See $0.37 EPS for Bed Bath & Beyond Inc. (BBBY)
Investors sentiment decreased to 0.75 in 2017 Q2. Its down 0.13, from 0.88 in 2017Q1. It fall, 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.
Public Employees Retirement Sys Of Ohio invested in 60,659 shares. Lingohr Partner Asset Mngmt Gmbh reported 35,538 shares or 0.81% of all its holdings. Parametric Portfolio Assoc Lc has 685,879 shares. Victory Capital invested in 36,377 shares or 0% of the stock. World Asset Mngmt holds 0.02% in Bed Bath & Beyond Inc. (NASDAQ:BBBY) or 15,800 shares. Klingenstein Fields And Limited Liability holds 0.01% in Bed Bath & Beyond Inc. (NASDAQ:BBBY) or 7,230 shares. Lombard Odier Asset Management (Switzerland) holds 0.17% in Bed Bath & Beyond Inc. (NASDAQ:BBBY) or 49,469 shares. Millennium Ltd Limited Liability Company has 15,421 shares. Zurcher Kantonalbank (Zurich Cantonalbank) invested in 23,955 shares. Cantab Partners Limited Liability Partnership accumulated 13,389 shares or 0% of the stock. Paloma Mgmt owns 136,882 shares or 0.05% of their US portfolio. Vident Investment Advisory Limited Co invested in 0.13% or 50,467 shares. Johnson Fincl Gp Incorporated stated it has 310 shares. Clifford Swan Investment Counsel Ltd Liability Company holds 0.4% in Bed Bath & Beyond Inc. (NASDAQ:BBBY) or 211,780 shares. Tiaa Cref Investment Mgmt Ltd Liability Co holds 0.01% or 558,588 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 15.72 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 0.78% or $0.18 during the last trading session, reaching $23.26. About 4.08 million shares traded. Bed Bath & Beyond Inc. (NASDAQ:BBBY) has declined 16.34% since December 12, 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 84.52% above currents $23.26 stock price. Bed Bath & Beyond had 67 analyst reports since September 21, 2015 according to SRatingsIntel. As per Thursday, April 7, the company rating was maintained by Citigroup. The firm earned “Underweight” rating on Wednesday, January 27 by KeyBanc Capital Markets. Telsey Advisory Group maintained the stock with “Market Perform” rating in Thursday, December 22 report. The stock of Bed Bath & Beyond Inc. (NASDAQ:BBBY) has “Neutral” rating given on Friday, September 25 by Credit Agricole. The firm earned “Sell” rating on Wednesday, September 20 by KeyBanc Capital Markets. As per Wednesday, January 27, the company rating was downgraded by Citigroup. As per Wednesday, December 23, the company rating was maintained by Telsey Advisory Group. Standpoint Research upgraded Bed Bath & Beyond Inc. (NASDAQ:BBBY) on Monday, January 18 to “Buy” rating. The stock has “Neutral” rating by SunTrust on Wednesday, December 23. The stock of Bed Bath & Beyond Inc. (NASDAQ:BBBY) earned “Neutral” rating by Credit Suisse on Thursday, December 24.

Bed Bath & Beyond Inc., together with its subsidiaries, operates a chain of retail stores. The company has market cap of $3.33 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 5.94 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: Benzinga.com which released: “Najarian Brothers See Unusual Options Activity In Bed Bath & Beyond And …” on November 14, 2017, also Nasdaq.com with their article: “Bed, Bath & Beyond Reaches Analyst Target Price” published on December 05, 2017, Fool.com published: “Why Bed Bath & Beyond Inc. Stock Popped Today” on December 04, 2017. More interesting news about Bed Bath & Beyond Inc. (NASDAQ:BBBY) were released by: Seekingalpha.com and their article: “Buy Bed Bath Before Amazon Does” published on November 21, 2017 as well as Reuters.com‘s news article titled: “Bed Bath & Beyond secures attorneys’ fees in ‘weak’ patent case” with publication date: December 09, 2017.

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