Several brokerages have updated their recommendations and price targets on shares of Bed Bath & Beyond (NASDAQ: BBBY) in the last few weeks:

  • 10/2/2017 – Bed Bath & Beyond was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating.
  • 9/22/2017 – Bed Bath & Beyond was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “strong sell” rating. According to Zacks, “Bed Bath & Beyond lagged the industry year to date, due to negative earnings and sales surprises in five of the trailing six quarters. Top and bottom lines for second-quarter fiscal 2017 lagged estimates for the second straight time and dipped year over year. This was due to persistent soft traffic and escalated costs along with effects of Hurricane Harvey, offset by strength at its online business. Taking into consideration the dismal first half, impacts from Hurricane Harvey, higher transformation plans related costs and persistence of dismal trends, management trimmed forecasts for fiscal 2017. Moreover, the five-quarter long trend of strained margins due to higher shipping and coupon expenses as well as rise in SG&A, are likely to continue in fiscal 2017. However, the company’s transformation plan is on track to deliver a seamless customer experience. Its capital initiatives and constant shareholder-friendly moves also bode well.”
  • 9/21/2017 – Bed Bath & Beyond had its “hold” rating reaffirmed by analysts at Jefferies Group LLC. They now have a $25.00 price target on the stock, down previously from $34.00.
  • 9/20/2017 – Bed Bath & Beyond had its “equal weight” rating reaffirmed by analysts at Barclays PLC. They now have a $30.00 price target on the stock, down previously from $40.00.
  • 9/20/2017 – Bed Bath & Beyond had its “underweight” rating reaffirmed by analysts at KeyCorp. They now have a $21.00 price target on the stock, down previously from $27.00.
  • 9/20/2017 – Bed Bath & Beyond had its price target lowered by analysts at Telsey Advisory Group from $32.00 to $21.00. They now have a “market perform” rating on the stock.
  • 9/20/2017 – Bed Bath & Beyond had its “neutral” rating reaffirmed by analysts at Credit Suisse Group. They now have a $25.00 price target on the stock, down previously from $33.00.
  • 9/20/2017 – Bed Bath & Beyond had its “hold” rating reaffirmed by analysts at Loop Capital. They now have a $23.00 price target on the stock, down previously from $35.00.
  • 9/20/2017 – Bed Bath & Beyond had its “underperform” rating reaffirmed by analysts at Bank of America Corporation. They now have a $22.00 price target on the stock, down previously from $27.00.
  • 9/20/2017 – Bed Bath & Beyond had its “hold” rating reaffirmed by analysts at UBS AG. They now have a $24.00 price target on the stock, down previously from $30.00.
  • 9/20/2017 – Bed Bath & Beyond had its price target lowered by analysts at Deutsche Bank AG to $21.00. They now have a “hold” rating on the stock.
  • 9/18/2017 – Bed Bath & Beyond had its “neutral” rating reaffirmed by analysts at Robert W. Baird. They now have a $23.00 price target on the stock, down previously from $28.00.
  • 9/14/2017 – Bed Bath & Beyond had its “neutral” rating reaffirmed by analysts at UBS AG. They now have a $30.00 price target on the stock, down previously from $33.00.
  • 9/14/2017 – Bed Bath & Beyond was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $33.00 price target on the stock. According to Zacks, “Bed Bath & Beyond  is focused on strategic initiatives like e-Commerce enhancement and improvement of customer services, as also evident from its recent store realigment plan. Also, comps from customer-facing digital networks grew over 20% in the last reported quarter. Additionally, Bed Bath & Beyond’s capital initiatives and constant shareholder-friendly moves should draw investors’ attention. However, the company has lagged the broader industry in the past year owing to its unimpressive past performances. Well, Bed Bath & Beyond has been reeling under sluggish mall traffic that has been intensifying with increasing shift toward online shopping. Also, margins have been pressurized for four quarters now, owing to increased expenses. Additionally, the company's global presence keeps it exposed to currency woes. Unfortunately, management's dismal view for fiscal 2017 raises concerns about these obstacles to linger.”
  • 9/13/2017 – Bed Bath & Beyond was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Bed Bath & Beyond  is focused on strategic initiatives like e-Commerce enhancement and improvement of customer services, as also evident from its recent store realigment plan. Also, comps from customer-facing digital networks grew over 20% in the last reported quarter. Additionally, Bed Bath & Beyond’s capital initiatives and constant shareholder-friendly moves should draw investors’ attention. However, the company has lagged the broader industry in the past year owing to its unimpressive past performances. Well, Bed Bath & Beyond has been reeling under sluggish mall traffic that has been intensifying with increasing shift toward online shopping. Also, margins have been pressurized for four quarters now, owing to increased expenses. Additionally, the company's global presence keeps it exposed to currency woes. Unfortunately, management's dismal view for fiscal 2017 raises concerns about these obstacles to linger.”
  • 9/6/2017 – Bed Bath & Beyond was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Bed Bath & Beyond  is focused on strategic initiatives like e-Commerce enhancement and improvement of customer services, as also evident from its recent store realigment plan. Also, comps from customer-facing digital networks grew over 20% in the last reported quarter. Additionally, Bed Bath & Beyond’s capital initiatives and constant shareholder-friendly moves should draw investors’ attention. However, the company has lagged the broader industry in the past year owing to its unimpressive past performances. Well, Bed Bath & Beyond has been reeling under sluggish mall traffic that has been intensifying with increasing shift toward online shopping. Also, margins have been pressurized for four quarters now, owing to increased expenses. Additionally, the company's global presence keeps it exposed to currency woes. Unfortunately, management's dismal view for fiscal 2017 raises concerns about these obstacles to linger.”
  • 9/5/2017 – Bed Bath & Beyond was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $31.00 price target on the stock. According to Zacks, “Bed Bath & Beyond  is focused on strategic initiatives like e-Commerce enhancement and improvement of customer services, as also evident from its recent store realigment plan. Also, comps from customer-facing digital networks grew over 20% in the last reported quarter. Additionally, Bed Bath & Beyond’s capital initiatives and constant shareholder-friendly moves should draw investors’ attention. However, the company has lagged the broader industry in the past year owing to its unimpressive past performances. Well, Bed Bath & Beyond has been reeling under sluggish mall traffic that has been intensifying with increasing shift toward online shopping. Also, margins have been pressurized for four quarters now, owing to increased expenses. Additionally, the company's global presence keeps it exposed to currency woes. Unfortunately, management's dismal view for fiscal 2017 raises concerns about these obstacles to linger.”
  • 9/1/2017 – Bed Bath & Beyond was downgraded by analysts at ValuEngine from a “buy” rating to a “hold” rating.
  • 8/30/2017 – Bed Bath & Beyond was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Bed Bath & Beyond  is focused on strategic initiatives like eCommerce enhancement and improvement of customer services, as also evident from its recent store realigment plan. Also, comps from customer-facing digital networks grew over 20% in the last reported quarter. Additionally, Bed Bath & Beyond’s capital initiatives and constant shareholder-friendly moves should draw investors’ attention. However, the company has lagged the broader industry in the past year owing to its unimpressive past performances. Well, Bed Bath & Beyond has been reeling under sluggish mall traffic that has been intensifying with increasing shift toward online shopping. Also, margins have been pressurized for four quarters now, owing to increased expenses. Additionally, the company's global presence keeps it exposed to currency woes. Unfortunately, management's dismal view for fiscal 2017 raises concerns about these obstacles to linger.”
  • 8/24/2017 – Bed Bath & Beyond was downgraded by analysts at BidaskClub from a “sell” rating to a “strong sell” rating.
  • 8/22/2017 – Bed Bath & Beyond was upgraded by analysts at Zacks Investment Research from a “strong sell” rating to a “hold” rating. They now have a $31.00 price target on the stock. According to Zacks, “Bed Bath & Beyond has lagged the broader industry in the last one year owing to its unimpressive past performances. The company has been reeling under sluggish mall traffic that has been intensifying with increasing shift toward online shopping. Also, margins have been pressurized for four quarters now, owing to increased expenses. Moreover, management's dismal view for fiscal 2017 raises concerns about these obstacles to linger.  On the positive side, the company is focused on strategic initiatives like eCommerce enhancement and improvement of customer services, as also evident from its recent store realigment plan. Also, comps from customer-facing digital networks grew over 20% in the last reported quarter. Additionally, Bed Bath & Beyond’s capital initiatives and constant shareholder-friendly moves should draw investors’ attention. However, Bed Bath & Beyond's global presence keeps it exposed to currency woes.”

Bed Bath & Beyond Inc. (NASDAQ BBBY) traded down 1.40% during midday trading on Tuesday, hitting $23.27. 3,428,189 shares of the stock were exchanged. Bed Bath & Beyond Inc. has a 1-year low of $22.10 and a 1-year high of $48.83. The company has a market capitalization of $3.25 billion, a P/E ratio of 5.95 and a beta of 1.11. The company’s 50 day moving average is $26.66 and its 200 day moving average is $32.56.

Bed Bath & Beyond (NASDAQ:BBBY) last posted its quarterly earnings data on Tuesday, September 19th. The retailer reported $0.67 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.95 by ($0.28). The company had revenue of $2.94 billion during the quarter, compared to the consensus estimate of $3.01 billion. Bed Bath & Beyond had a return on equity of 21.74% and a net margin of 4.64%. The firm’s revenue for the quarter was down 1.7% on a year-over-year basis. During the same quarter last year, the company posted $1.11 earnings per share. Analysts predict that Bed Bath & Beyond Inc. will post $3.01 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, January 16th. Shareholders of record on Friday, December 15th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Thursday, December 14th. This represents a $0.60 annualized dividend and a yield of 2.58%. Bed Bath & Beyond’s payout ratio is presently 15.42%.

Bed Bath & Beyond Inc is a retailer, which operates under the names Bed Bath & Beyond (BBB), Christmas Tree Shops, Christmas Tree Shops andThat! or andThat! (collectively, CTS), Harmon or Harmon Face Values (collectively, Harmon), buybuy BABY (Baby) and World Market, Cost Plus World Market or Cost Plus (collectively, Cost Plus World Market).

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