Analysts See $0.48 EPS for Bed Bath & Beyond Inc. (BBBY)

September 8, 2018 - By Ash Maslow

Bed Bath & Beyond Inc. (NASDAQ:BBBY) LogoInvestors sentiment increased to 1.06 in 2018 Q1. Its up 0.32, from 0.74 in 2017Q4. It is positive, as 26 investors sold Bed Bath & Beyond Inc. shares while 100 reduced holdings. 44 funds opened positions while 89 raised stakes. 124.91 million shares or 0.09% less from 125.01 million shares in 2017Q4 were reported.
Smith Graham & Company Advsr Lp holds 0.59% or 294,300 shares. Robeco Institutional Asset Mgmt Bv owns 809,435 shares. Ajo Lp owns 393,092 shares or 0.04% of their US portfolio. D E Shaw & Communication reported 0% of its portfolio in Bed Bath & Beyond Inc. (NASDAQ:BBBY). Gabelli Funds Lc has 0.01% invested in Bed Bath & Beyond Inc. (NASDAQ:BBBY) for 75,000 shares. Nomura Inc has 0% invested in Bed Bath & Beyond Inc. (NASDAQ:BBBY) for 18,610 shares. Psagot Inv House Limited holds 9,245 shares or 0.01% of its portfolio. Cibc World Mkts Inc accumulated 48,662 shares or 0% of the stock. Salient Trust Lta owns 12,550 shares. Arrowstreet Cap Partnership invested in 0.14% or 2.95M shares. Federated Incorporated Pa invested in 116,781 shares or 0.01% of the stock. Gradient Limited Liability holds 0% or 7 shares. Glob X Mngmt Com Ltd Liability Corporation holds 0% or 3,778 shares. Belgium-based Kbc Gp Nv has invested 0.03% in Bed Bath & Beyond Inc. (NASDAQ:BBBY). Amundi Pioneer Asset Management Inc invested in 4,200 shares.

Since July 5, 2018, it had 0 insider buys, and 1 sale for $520,348 activity.

Analysts expect Bed Bath & Beyond Inc. (NASDAQ:BBBY) to report $0.48 EPS on September, 18.They anticipate $0.27 EPS change or 36.00 % from last quarter’s $0.75 EPS. BBBY’s profit would be $67.25 million giving it 9.45 P/E if the $0.48 EPS is correct. After having $0.32 EPS previously, Bed Bath & Beyond Inc.’s analysts see 50.00 % EPS growth. It closed at $18.15 lastly. It is down 48.23% since September 8, 2017 and is downtrending. It has underperformed by 60.80% the S&P500.

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

Among 13 analysts covering Bed Bath & Beyond (NASDAQ:BBBY), 0 have Buy rating, 6 Sell and 7 Hold. Therefore 0 are positive. Bed Bath & Beyond had 14 analyst reports since March 14, 2018 according to SRatingsIntel. Bank of America maintained the stock with “Underperform” rating in Thursday, April 12 report. On Wednesday, March 14 the stock rating was maintained by Credit Suisse with “Hold”. Morgan Stanley maintained the stock with “Underweight” rating in Thursday, April 12 report. Raymond James downgraded Bed Bath & Beyond Inc. (NASDAQ:BBBY) on Thursday, April 12 to “Sell” rating. The firm has “Sell” rating by Citigroup given on Thursday, April 12. The stock of Bed Bath & Beyond Inc. (NASDAQ:BBBY) earned “Hold” rating by Jefferies on Wednesday, April 11. The rating was downgraded by Standpoint Research on Tuesday, August 14 to “Hold”. Deutsche Bank maintained Bed Bath & Beyond Inc. (NASDAQ:BBBY) rating on Tuesday, April 10. Deutsche Bank has “Hold” rating and $21 target. Loop Capital Markets maintained the stock with “Hold” rating in Thursday, April 5 report. The stock has “Neutral” rating by Credit Suisse on Thursday, April 12.

Bed Bath & Beyond Inc., together with its subsidiaries, operates a chain of retail stores. The company has market cap of $2.54 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 6.39 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.

Bed Bath & Beyond Inc. (NASDAQ:BBBY) Institutional Positions Chart

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