Bed Bath & Beyond Inc (BBBY)

BBBY (NASDAQ:Retail) EQUITY
$44.07
pos +0.13
+0.30%
Today's Range: 43.45 - 44.21 | BBBY Avg Daily Volume: 2,393,400
Last Update: 07/28/16 - 4:00 PM EDT
Volume: 1,940,848
YTD Performance: -8.93%
Open: $44.00
Previous Close: $43.94
52 Week Range: $41.15 - $67.51
Oustanding Shares: 154,462,206
Market Cap: 6,867,389,679
6-Month Chart
TheStreet Ratings Grade for BBBY
Buy Hold Sell
A+ A A- B+ B B- C+ C C- D+ D D- E+ E E- F
TheStreet Ratings is the source for accurate ratings that you can rely upon to make sound, informed financial decisions. Click here to find out about our methodology.
Analysts Ratings
Historical Rec Current 1 Mo. Ago 2 Mo. Ago 3 Mo. Ago
Strong Buy 1 1 1 1
Moderate Buy 0 0 0 0
Hold 12 12 10 10
Moderate Sell 1 1 1 1
Strong Sell 3 3 3 3
Mean Rec. 3.25 3.25 3.29 3.29
Latest Dividend: 0.12
Latest Dividend Yield: 1.12%
Dividend Ex-Date: 09/14/16
Price Earnings Ratio: 8.95
Price Earnings Comparisons:
BBBY Sector Avg. S&P 500
8.95 8.90 12.90
Price Performance History (%Change):
3 Mo 1 Yr 3 Y
-12.28% -32.49% -41.65%
GROWTH 12 Mo 3 Yr CAGR
Revenue 1.90 0.10 0.03
Net Income -12.10 -0.20 -0.07
EPS 0.60 0.10 0.04
Earnings for BBBY:
EBITDA 1.69B
Revenue 12.10B
Average Earnings Estimates
Qtr (08/16) Qtr (11/16) FY (02/17) FY (02/18)
Average Estimate $1.18 $1.03 $4.87 $5.13
Number of Analysts 13 12 13 13
High Estimate $1.23 $1.10 $5.10 $6.05
Low Estimate $1.12 $0.97 $4.70 $4.85
Prior Year $1.21 $1.09 $5.04 $4.87
Growth Rate (Year over Year) -2.42% -5.50% -3.40% 5.29%
Chart Benchmark
Average Frequency Timeframe
Indicator Chart Scale  
Symbol Comparison Bollinger Bands
Retailer's 1.1% yield is hardly enough income protection from further share price declines. 
Bearish
Jun 23, 2016 | 7:02 AM EDT
Shares of BBBY now seen reaching $45, according to Jefferies. Estimates also reduced, given lower sales guidance. Hold rating. 
BBBY buys online home good retailer One Kings Lane.
Bearish
Jun 15, 2016 | 7:08 AM EDT
Shares of BBBY now seen reaching $40, according to Bank of America/Merrill Lynch said. Estimates also reduced, given dilution from the ...

Takeaways and Observations Real Money Pro($)

It was Groundhog Day on Wall Street again. We finished down, but well off of the session lows. I did no trading. The U.S. dollar weakened. Oil, stronger in the morning, weakened in
It's fair to ask how so many people failed to foresee the recent downturn in business prospects for Apple (AAPL), the earnings disappointment at Disney (DIS) or this week's "Retail Wreck."
Revisiting Apple and Twitter after their recent moves, too. 
If BBBY can continue to hold the $45 level it could rally over $50.
Let's wrap up my take on Wall Street's major sectors with a look at a few more market segments. (You can read my earlier thoughts on the market's other major sectors here and here.)

My Takeaways and Observations Real Money Pro($)

The U.S. dollar strengthened. Crude oil fell by a quarter to $43.40. Nat gas was a nickel to the good. Gold fell by $12.60 to $1,279 and it continues to look like $1,300 is a formidable hurdle. Agricultural commodities quieted down, with wheat and corn moving small. Soybeans +8.50 and oats -3.50. Lumber +1.50. Bonds lifted in price and dropped in yield for the second day in a row. The yield on the 10-year and long bond dropped by two basis points to 1.78% and 2.64%, respectively. Municipals flattened. Closed-end municipal bond funds were mixed. The high-yield market was off somewhat. Blackstone/GSO Strategic Credit Fund (BGB) was down a penny to $13.95. Banks got whacked -- fortunately, as I remain short Financial Select Sector SPDR ETF (XLF) at good prices. Drops of 2% to 3% for the major money center banks. Deutsche Bank (DB) continues lower. Let's watch this and the poor performance of the European banks closely in the weeks ahead. Life insurance stocks also got schmeissed -- again, a good thing for me as I am short Lincoln National (LNC) and MetLife (MET), both down by about a beaner. Berkshire Hathaway (BRK.B) was lower after yesterday's $2+ decline. Brokerages also got hit, with MS down 65 cents and GS down $3.10. I covered my trading short rentals today on this weakness. Old tech was mixed. I covered my MSFT trading short (I didn't like the quality of the earnings report) for a $2 gain this morning. Retail was mixed, but my sole exposure -- short Nordstrom (JWN) -- was down $1.20, continuing its recent weakness. Again, a good thing! Former retail longs Macy's (M), Best Buy (BBY) and Bed, Bath & Beyond (BBBY) were taken to the woodshed today. Consumer staples strengthened. Autos continue their sloppy streak -- I doubled my shorts recently. Ford (F) was down 15 cents and General Motors (GM) down 65 cents. Even Phish (Let Trey Sing!) knows about Peak Autos! Bummed is what you are in "Contact" when your auto stocks are towed. Energy stocks were lower, with Schlumberger (SLB) down $2 and Exxon Mobil (XOM) off 35 cents. I like, others don't. Media made for uninteresting viewing, with Disney (DIS) and Comcast (CMCSA) lower. Biotech continues as a bio wreck. iShares Nasdaq Biotechnology ETF (IBB) was down nearly $8, or almost 3%. Speculative biotech was annihilated, with Acadia Pharmaceuticals (ACAD) down 7% and Portola Pharmaceuticals (PTLA) off nearly 6%. (T)FANG was weighed down by a $9 loss in Tesla (TSLA) as management departures and a Chanos diss on "Fast Money Halftime" impacted the security. Earnings are after close and I am going into it with my small short. TSLA is on my Best Ideas List. NOSH all up, but small. CRABBY was crabby, led by declines in Radian Group (RDN), Citigroup (C) and Alleghany (Y). In miscellaneous action, Twitter (TWTR) had an unaccustomed up day, but Potash (POT) stayed in jail (and I don't see a reason why it will get a "Get Out of Jail" card over the short term with weakening fundamentals). Radian was lower, Oaktree Capital Group (OAK) continues its two-day loss of leaves, Hartford Financial Services Group (HIG) is burdened by its brothers and sisters in the insurance space (I am buying more on weakness), and fav DuPont (DD) continues its decline (but it's too early to add to). Apple gives up much of yesterday's gains, down a beaner. Here is some great analysis from today's Real Money Pro: Jim "El Capitan" on the good health of the broadcasting industry.  Jeremy LaKosh looks for a potential entry point in automaker Ford.  I already have mine – and it's on the short side! RevShark's got the seasonal and Fed fever and jitters. Another good one from Rev on the absence of fear in the marketplace.  Ed Ponsi "Scheme" on trading a lower currency. No Ponsi Scheme in this column!  Divine on the issue of "giddiness."  She's always a great read and makes me think more outside of the envelope.

Columnist Conversations

From Real Money's Tony Owusu: Amazon (AMZN) continued its strong run of success Thursday afternoon following...
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