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

Alfred Osborne
December 1, 2017

According to the Analysts, the Low Earnings estimate for the current quarter is $1.7, while the High earnings estimate is $1.82.Comparatively, EPS for the same quarter previous year was $0. The retailer reported $0.67 EPS for the quarter, missing the Zacks' consensus estimate of $0.95 by ($0.28).

The company is expected to report earnings of $0.37 a share for the next quarter.

According to Zacks, analysts expect that Bed Bath & Beyond will report full-year earnings of $2.98 per share for the current financial year, with EPS estimates ranging from $2.91 to $3.00. When we look at the Volatility of the company, Week Volatility is at 5.79% whereas Month Volatility is at 4.11%. About 1.60M shares traded or 62.30% up from the average. It also reduced Bed Bath & Beyond Inc (NASDAQ:BBBY) stake by 200,000 shares and now owns 395,200 shares. The firm had revenue of $3.53 billion for the quarter, compared to analysts' expectations of $3.50 billion. The Return on Investment and Return on Equity (ROE) values are 21 percent and -93.5 percent, respectively. Revenue during the quarter was $2.94 billion, representing -2% growth from $2.99 billion in year-ago quarter. BBBY has analyst rating of 3.30 on scale of 1-5. KeyCorp reaffirmed an "underweight" rating and set a $21.00 price objective (down previously from $27.00) on shares of Bed Bath & Beyond in a research note on Wednesday, September 20th. It dived, as 77 investors sold BBBY shares while 140 reduced holdings. On Wednesday, December 23 the stock rating was maintained by Telsey Advisory Group with "Market Perform". The company was downgraded on Friday, February 12 by Oppenheimer. Eight investment analysts have rated the stock with a sell rating, fifteen have issued a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company. Bed Bath & Beyond presently has a consensus rating of "Hold" and a consensus target price of $27.88.

More important recent Bed Bath & Beyond Inc.

The stock decreased 4.87% or GBX 0.2375 during the last trading session, reaching GBX 4.6375. Institutional investors own 91.27% of the company's stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. (NASDAQ:BBBY). Salient Lta reported 0.03% stake.

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In the transaction dated April. 21, 2017, the great number of shares disposed came courtesy the CEO; Temares Steven H disposed a total of 200,000 shares at an average price of $39.83, amounting to approximately $7,966,000. The disclosure for this sale can be found here. New Jersey-based Bessemer Grp Inc Inc has invested 0.01% in Bed Bath & Beyond Inc. Barry Inv Lc owns 53,244 shares. Gradient Invests Ltd Co holds 0% of its portfolio in Pandora Media, Inc. The company's shares were given away at $39.56 per share worth to an income of some $1,766,908 on account of Fiorilli Matthew. Morgan Stanley maintained Bed Bath & Beyond Inc. Point View Wealth Management Inc. now owns 8,020 shares of the retailer's stock worth $244,000 after acquiring an additional 2,876 shares during the last quarter.

Bed Bath & Beyond (NASDAQ:BBBY) last posted its earnings results on Tuesday, September 19th. APG Asset Management N.V. now owns 2,822,660 shares of the retailer's stock worth $85,809,000 after acquiring an additional 502,300 shares in the last quarter. Bed Bath & Beyond (NASDAQ:BBBY) traded down 1.30% during mid-day trading on Thursday, reaching $37.19. Earnings per share serves as an indicator of a company's profitability. Bed Bath & Beyond Inc. has a 12-month low of $19.07 and a 12-month high of $48.83. The volume of BBBY witnessed a shift from 4.92 million shares, based on a 50-day average, to 4.08 million shares. During the day, the stock price traveled from $20.685 to $22.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, January 16th. Stockholders of record on Friday, December 15th will be issued a dividend of $0.15 per share. The ex-dividend date is Wednesday, June 14th. The legal version of this piece can be read at https://weekherald.com/2017/11/30/hotchkis-wiley-capital-management-llc-has-206-43-million-holdings-in-bed-bath-beyond-inc-bbby.html. Bed Bath & Beyond's dividend payout ratio (DPR) is 15.42%. With that said, researchers took a deep dive into the hotly debated question: is it too early to buy Bed Bath & Beyond Inc. Ffcm LLC grew its stake in shares of Bed Bath & Beyond by 2,958.6% during the 3rd quarter.

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