$1.41 EPS Expected for Bed Bath & Beyond Inc. (BBBY)

March 15, 2018 - By Vivian Currie

 $1.41 EPS Expected for Bed Bath & Beyond Inc. (BBBY)
Investors sentiment increased to 0.81 in 2017 Q3. Its up 0.06, from 0.75 in 2017Q2. It increased, as 84 investors sold Bed Bath & Beyond Inc. shares while 103 reduced holdings. 39 funds opened positions while 113 raised stakes. 129.74 million shares or 2.88% less from 133.60 million shares in 2017Q2 were reported.
Nordea Investment Management Ab reported 0% stake. Hotchkis Wiley Capital Management Ltd Liability holds 0.81% or 8.80M shares in its portfolio. Denali Advsrs Limited Company invested 0.04% of its portfolio in Bed Bath & Beyond Inc. (NASDAQ:BBBY). Rhumbline Advisers holds 0.01% of its portfolio in Bed Bath & Beyond Inc. (NASDAQ:BBBY) for 251,396 shares. Endurance Wealth Management Inc, a Rhode Island-based fund reported 675 shares. Ws Mngmt Lllp has invested 0.17% in Bed Bath & Beyond Inc. (NASDAQ:BBBY). World Asset Management owns 0.01% invested in Bed Bath & Beyond Inc. (NASDAQ:BBBY) for 12,774 shares. Gam Holdg Ag accumulated 78,423 shares. Dreman Value Mngmt L L C holds 721 shares. Dynamic Capital Mgmt Ltd holds 1.69% or 251,047 shares. Natixis holds 0.05% of its portfolio in Bed Bath & Beyond Inc. (NASDAQ:BBBY) for 228,029 shares. Paloma Management accumulated 96,605 shares. Ls Inv Advsrs Ltd Liability Corp owns 16,684 shares or 0.02% of their US portfolio. Transamerica invested in 0% or 184 shares. State Bank Of Montreal Can accumulated 383,793 shares.

Analysts expect Bed Bath & Beyond Inc. (NASDAQ:BBBY) to report $1.41 EPS on April, 11 after the close.They anticipate $0.43 EPS change or 23.37 % from last quarter’s $1.84 EPS. BBBY’s profit would be $200.80M giving it 3.96 P/E if the $1.41 EPS is correct. After having $0.44 EPS previously, Bed Bath & Beyond Inc.’s analysts see 220.45 % EPS growth. The stock decreased 0.76% or $0.17 during the last trading session, reaching $22.33. About 1.75M shares traded. Bed Bath & Beyond Inc. (NASDAQ:BBBY) has declined 16.34% since March 15, 2017 and is downtrending. It has underperformed by 33.04% the S&P500.

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

Among 31 analysts covering Bed Bath & Beyond (NASDAQ:BBBY), 2 have Buy rating, 9 Sell and 20 Hold. Therefore 6% are positive. Bed Bath & Beyond had 71 analyst reports since September 21, 2015 according to SRatingsIntel. The rating was initiated by Topeka Capital Markets with “Sell” on Tuesday, May 24. On Monday, September 21 the stock rating was maintained by SunTrust with “Buy”. As per Wednesday, December 23, the company rating was downgraded by Suntrust Robinson. The rating was maintained by Morgan Stanley on Friday, June 23 with “Sell”. Raymond James downgraded Bed Bath & Beyond Inc. (NASDAQ:BBBY) on Thursday, December 22 to “Mkt Perform” rating. Credit Suisse maintained it with “Neutral” rating and $51 target in Thursday, December 24 report. Goldman Sachs maintained the stock with “Sell” rating in Thursday, June 23 report. The firm earned “Equal-Weight” rating on Wednesday, September 20 by Barclays Capital. Jefferies maintained Bed Bath & Beyond Inc. (NASDAQ:BBBY) rating on Wednesday, September 20. Jefferies has “Hold” rating and $25.0 target. KeyBanc Capital Markets maintained it with “Sell” rating and $21.0 target in Wednesday, September 20 report.

Bed Bath & Beyond Inc., together with its subsidiaries, operates a chain of retail stores. The company has market cap of $3.18 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 6.34 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.

More notable recent Bed Bath & Beyond Inc. (NASDAQ:BBBY) news were published by: Nasdaq.com which released: “Ex-Dividend Reminder: Boyd Gaming, Viacom and Bed, Bath & Beyond” on March 13, 2018, also Nasdaq.com with their article: “Bed Bath & Beyond Inc. (BBBY) Ex-Dividend Date Scheduled for March 15, 2018” published on March 14, 2018, Seekingalpha.com published: “Bed Bath & Beyond: Short On Clarity, Long On Opportunity” on March 07, 2018. More interesting news about Bed Bath & Beyond Inc. (NASDAQ:BBBY) were released by: Seekingalpha.com and their article: “Bed Bath & Beyond Is Worth At Least $30 – Look No Further Than The Dividend” published on February 13, 2018 as well as Seekingalpha.com‘s news article titled: “Bed Bath & Beyond: A Cheap And Profitable Retailer” with publication date: March 04, 2018.

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