bebe stores, inc. (BEBE) Announces Quarterly Earnings, Misses Estimates By $0.01 EPS
bebe stores, inc. (NASDAQ:BEBE) released its earnings data on Thursday. The company reported ($0.18) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.17) by $0.01, American Banking and Market News reports. The company had revenue of $103.60 million for the quarter.
Several analysts have recently commented on the stock. Analysts at Janney Montgomery Scott downgraded shares of bebe stores, inc. from a “buy” rating to a “neutral” rating in a research note on Friday, August 15th. They now have a $3.00 price target on the stock. On the ratings front, analysts at Zacks downgraded shares of bebe stores, inc. from a “neutral” rating to an “underperform” rating in a research note on Wednesday, July 23rd. They now have a $2.70 price target on the stock. Finally, analysts at B. Riley downgraded shares of bebe stores, inc. from a “buy” rating to a “neutral” rating in a research note on Monday, June 30th. They now have a $3.40 price target on the stock, down previously from $7.50. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $4.28.
bebe stores, inc. (NASDAQ:BEBE) traded up 0.33% on Thursday, hitting $2.9799. The stock had a trading volume of 545,799 shares. bebe stores, inc. has a 52 week low of $2.61 and a 52 week high of $7.03. The stock has a 50-day moving average of $2.88 and a 200-day moving average of $4.42. The company’s market cap is $236.7 million. bebe stores, inc. also was the target of unusually large options trading activity on Monday. Stock traders purchased 102 put options on the company. This is an increase of approximately 209% compared to the average daily volume of 33 put options.
The company also recently declared a quarterly dividend, which is scheduled for Wednesday, October 1st. Investors of record on Wednesday, September 17th will be given a dividend of $0.015 per share. This represents a $0.06 dividend on an annualized basis and a yield of 2.02%. The ex-dividend date of this dividend is Monday, September 15th.
bebe stores, inc. designs, develop and produce a distinctive lines of contemporary women’s apparel and accessories.
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