|Bid||18.06 x 200|
|Ask||18.44 x 500|
|Day's range||17.35 - 18.61|
|52-week range||17.19 - 40.33|
|PE ratio (TTM)||5.96|
|Earnings date||27 Jun 2018|
|Forward dividend & yield||0.64 (3.49%)|
|1y target est||19.18|
Bed Bath & Beyond (BBBY) has a seven-quarter long trend of strained margins, which is expected to persist in the forthcoming quarters.
On April 10, Deutsche Bank had a “buy” rating for Philip Morris International (PM) and a price target of $120. Of the analysts surveyed, 61% rated the stock a “buy,” while 39% rated it a “hold,” and 0% rated it a “sell.”
With the US-China trade war tensions easing, last week was positive overall for the sectors in the S&P 500. The S&P 500 Index (SPY) was up ~2.0%. All the sectors in the S&P 500 rose with the exception of the utility sector, which saw a slight slide.
Management doesn't see any quick solution to Bed Bath & Beyond's recent trend of margin erosion. However, the liquidation of some major competitors could certainly help.
As of April 12, 2018, Bed Bath & Beyond (BBBY) was trading at $17.21. On the same day, analysts were expecting the company’s stock price to reach $19.47 in the next 12 months, which represents a return potential of 13.1%.
The forward PE multiple is calculated by dividing the company’s stock price from analysts’ earnings estimates for the next four quarters. The decline in BBBY’s 4Q17 margins and also the lower-than-expected 2018 guidance provided by the company’s management has led to a fall in the company’s stock price and its valuation multiple.
Bed Bath & Beyond (BBBY) posted EPS (earnings per share) of $1.41 in 4Q17. By the end of 2017, the company had approximately $1.5 billion in its share repurchase program. Share repurchases drive a company’s earnings by lowering the number of shares outstanding. In 4Q17, Williams-Sonoma (WSM), Lowe’s (LOW), and Home Depot (HD) posted EPS growth of 8.4%, -14%, and 17.4%, respectively.
Shares of the home-goods retailer fell to a new low following its latest earnings report. Also, Walmart may be investing in India.
Bed Bath & Beyond (BBBY) posted a gross margin, EBITDA (earnings before interest, tax, depreciation, and amortization) margin, and net margin of 35.9%, 11.4%, and 5.5% in 4Q17, respectively. In comparison, these margins were at 38.0%, 14.3%, and 7.6% in 4Q16, respectively.
Despite a strong surprise history, Bed Bath & Beyond (BBBY) stock plunges more than 19% in the last two trading sessions, mainly due to a bleak outlook for fiscal 2018.
To drive its sales, BBBY is focusing on differentiated merchandise assortment, dynamic pricing, its membership program, and a frictionless digital experience. The company is conducting a comprehensive evaluation of its supply chain to support its growing decorative furnishings business and to improve its reverse logistics. The company plans to introduce its expanded decorative furnishings assortment in 10% of its Bed Bath & Beyond brand stores in 2018.
Bed Bath & Beyond (BBBY) has witnessed a significant price decline in the past four weeks, and is seeing negative earnings estimate revisions as well.
NEW YORK, April 16, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of ...
Bed Bath & Beyond (BBBY) posted a decline in its SSSG (same-store sales growth) of 0.6% compared to analysts’ estimate of a 2.3% decline. The decrease was due to a fall in the number of transactions at its stores. However, some of the declines were offset by growth in the average transaction amount. In comparison, the company posted SSSG of 0.4% in 4Q16.
Review | Dates to Watch For | Follow Up | U.S. Economic Calendar | Consensus Estimates | Coming Earnings | Coming U.S. Auctions | In a tough retail market, few companies have had a tougher time than Bed Bath & Beyond. Bed Bath’s woes are not just about competition from Amazon.com or handing out generous coupons. Since 2014, Bed Bath has taken on $1.5 billion in debt largely to repurchase stock.
Bed Bath & Beyond (BBBY) posted revenues of $3.72 billion in 4Q17, which represents growth of 5.1% from $3.53 billion in 4Q16. Analysts were expecting the company to post revenue of $3.68 billion. The better-than-expected SSSG (same-store sales growth) helped the company outperform analysts’ revenue estimates.
Bed Bath & Beyond (BBBY) posted its 4Q17 earnings after the market closed on April 11, 2018. The company posted adjusted EPS (earnings per share) of $1.48 on revenues of $3.72 billion. Compared to 4Q16, the company’s revenue increased 5.1%, while its EPS declined by 19.6%.
Abigail Doolittle reports on Bed Bath & Beyond's weak forecast and how they are missing the mark with the consumer. She speaks with Bloomberg's Julia Chatterley and Scarlet Fu on "Bloomberg Markets." ...
Bed Bath & Beyond is struggling despite a favorable landscape and some analysts say stores are the problem.
On a day stocks made gains, Bed Bath & Beyond fell following a weak forecast for profit and Chicago Bridge & Iron rose after giving a preview of first-quarter results.
Stocks that moved substantially or traded heavily Thursday: Delta Air Lines Inc., up $1.51 to $52.98 The airline had a better first quarter than analysts had anticipated. Bed Bath & Beyond Inc., down $4.29 ...