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bebe Stores (NASDAQ:BEBE) was downgraded by Zacks from a “neutral” rating to an “underperform” rating in a note issued to investors on Monday, AmericanBankingNews.com reports. They currently have a $4.90 target price on the stock. Zacks‘s price objective suggests a potential downside of 3.35% from the company’s current price.

Other equities research analysts have also recently issued reports about the stock. Analysts at Janney Montgomery Scott reiterated a “buy” rating on shares of bebe Stores in a research note on Tuesday, April 22nd. Finally, analysts at Sidoti initiated coverage on shares of bebe Stores in a research note on Monday, February 24th. They set a “buy” rating and a $8.00 price target on the stock. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $5.97.

bebe Stores (NASDAQ:BEBE) traded down 1.36% during mid-day trading on Monday, hitting $5.07. 372,485 shares of the company’s stock traded hands. bebe Stores has a 52 week low of $4.65 and a 52 week high of $7.03. The stock has a 50-day moving average of $5.77 and a 200-day moving average of $5.66. The company’s market cap is $402.1 million.

bebe Stores (NASDAQ:BEBE) last released its earnings data on Thursday, May 8th. The company reported ($0.31) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.27) by $0.04. The company had revenue of $93.50 million for the quarter, compared to the consensus estimate of $93.10 million. During the same quarter last year, the company posted ($0.14) earnings per share. bebe Stores’s revenue was down 17.2% compared to the same quarter last year. Analysts expect that bebe Stores will post $-0.59 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Wednesday, June 18th. Shareholders of record on Wednesday, June 4th will be given a dividend of $0.025 per share. This represents a $0.10 dividend on an annualized basis and a yield of 1.97%. The ex-dividend date of this dividend is Monday, June 2nd.

bebe stores, inc. designs, develop and produce a distinctive lines of contemporary women’s apparel and accessories.

To view Zacks’ full report, visit Zacks’ official website.

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