Bed Bath & Beyond Inc (BBBY)

BBBY (:Retail) EQUITY
$47.22
pos +0.00
+0.00%
Today's Range: 46.83 - 47.98 | BBBY Avg Daily Volume: 2,215,600
Last Update: 04/29/16 - 4:00 PM EDT
Volume: 0
YTD Performance: 0.00%
Open: $0.00
Previous Close: $48.24
52 Week Range: $41.26 - $74.21
Oustanding Shares: 155,832,064
Market Cap: 7,517,338,767
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 2 3
Moderate Buy 0 0 0 0
Hold 10 11 11 10
Moderate Sell 1 1 1 1
Strong Sell 3 3 3 3
Mean Rec. 3.29 3.27 3.14 3.02
Latest Dividend: 0.00
Latest Dividend Yield: 0.00%
Dividend Ex-Date: 12/31/69
Price Earnings Ratio: 0.00
Price Earnings Comparisons:
BBBY Sector Avg. S&P 500
0.00 9.50 12.90
Price Performance History (%Change):
3 Mo 1 Yr 3 Y
0.00% 0.00% 0.00%
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 (05/16) Qtr (08/16) FY (02/17) FY (02/18)
Average Estimate $0.86 $1.22 $5.02 $5.25
Number of Analysts 13 12 14 13
High Estimate $0.90 $1.27 $5.15 $6.19
Low Estimate $0.80 $1.18 $4.79 $4.95
Prior Year $0.93 $1.21 $5.04 $5.02
Growth Rate (Year over Year) -7.28% 1.17% -0.37% 4.55%
Chart Benchmark
Average Frequency Timeframe
Indicator Chart Scale  
Symbol Comparison Bollinger Bands

My Takeaways and Observations Real Money Pro($)

Stocks slid sharply in the final hour to finish at the day's lows after a real roller coaster of a day! Booyah! The U.S. dollar weakened. The price of crude oil rose by 63 cents to $45.96. Gold climbed by $17 to $1,267. Silver rose by 30 cents. Agricultural commodities: wheat +1.50, corn +7.00, soybean flat and oats -2.25. Bonds rose in price, declined in yield. The yield on the 10-year U.S. note dropped by three basis points to 1.83% and the long bond by only one basis points to yield 2.68%. Municipals were well-bid. Closed-end municipal bond funds were mixed. The high-yield market showed little price movement. Blackstone/GSO Strategic Credit Fund (BGB), up earlier in the day, closed down a dime. Banks are at the lows of the day. I double my XLF short today. JPMorgan Chase (JPM) and Citigroup (C) were down by about a half a beaner, while Bank of America (BAC) slid by 25 cents. Brokerages were lower. Morgan Stanley (MS) was down 30 cents and Goldman Sachs (GS) was off about $2.50. Life insurance, the object of my disaffection, got schmeissed with dollar-plus losses for MetLife (MET), Lincoln National (LNC) and Berkshire Hathaway (BRK.B). My long Hartford Financial Services Group (HIG) also was lower by a similar amount. Retail stocks were broadly lower, led by Bed, Bath & Beyond (BBBY), Home Depot (HD) and Lowe's (LOW). Short Nordstrom (JWN) was off 65 cents. Old media sank, led by IBM (IBM), down $3.35, and Microsoft (MSFT), down $1.30. Auto stocks held well, with a good gain for Ford (F), up 45 cents. Energy stocks fell despite a higher commodity price. Schlumberger (SLB) was down $1.15 and Exxon Mobil (XOM) off 80 cents. Biotech was only slightly lower. Allergan (AGN) was down a beaner. Ag equipment was under pressure, with Deere (DE) and Caterpillar (CAT) down about 1% each. Media was mixed, though Disney (DIS) was down $1.20 after a rich premium deal for Comcast (CMCSA) to acquire DreamWorks (DWA) was announced. (T)FANG was lower, save Facebook (FB), which was up nearly $8. NOSH saw all components lower. CRABBY components all were lower as well. Apple (AAPL) was a leader on the downside, off $3. Short/sell, don't hold.  Oaktree Capital Group (OAK) was lower after earnings (I'll review tomorrow). Some good stuff on Real Money Pro today: Jim "El Capitan" Cramer on the worst over for pharma.  RevShark is running with the bulls.  Tim Melvin on Carlyle Group (CG) and its tons of cash.  Tim "Not Judy or Phil" Collins on playing earnings-related volatility of Amazon (AMZN), LinkedIn (LNKD) and Expedia (EXPE).  Daniel "Oil Vey" Dicker on Hess (HES) over Pioneer Natural Resources (PXD). 
BKE lost some 50% over 16 months, making it a good buy or put play.
While Bed Bath spent on shares, it was overtaken by Amazon.com.
Monsanto reported a 13% decline in quarterly revenue.
Bearish
Mar 31, 2016 | 6:47 AM EDT
Shares of BBBY now seen reaching $46, according to Credit Suisse. Estimates also reduced, given highe costs and gross margin pressure. ...

My Latest Take on Retail Real Money Pro($)

With today's sale of my stake in Best Buy (BBY) and last week's disposal of Bed Bath & Beyond (BBBY), I'm now market neutral in retail because I'm long Macy's  (M) and short Nordstrom (JWN).
The U.S. retail outlook is deteriorating, and I'm responding in my portfolio.

My Takeaways and Observations Real Money Pro($)

Stocks: UP big, DOWN big and now flat. I continue to see a broad and important top with increased short-term vulnerability. The U.S. dollar traded all over. Initially strong against the euro on the ECB moves and closing much weaker. Massive reversa, among the largest in history. Massive reversal, too, in European bourses (lower). A  500-point reversal from high to low in the DAX -- are you kidding me? Crude oil closed lower by 46 cents.  Nat gas up five cents. Gold up $16.70 to $1,274. Agricultural commodities: wheat +7.50, corn +2.75, soybeans +2.50 and oats +1.75. Lumber up $2.00 Bonds were up in yield and down in price. The 10-year yield rose by four basis points to 1.93% and the long bond increased by two basis points to 2.70%. Municipals trade higher (small). Closed-end muni bond funds rose in price. High yield bonds continued their solid gains. BGB was plus four cents to $13.15. I have been adding over the last few weeks, as everyone knows. Bank stocks were impervious to the market's wild gyrations and look to end the day slightly higher and at day's highs. I am watching closely for a short-term opportunity to add to these long-term investments. Remember, I recently sold the rip in bank stocks and moved to small size while keeping seven banks on my Best Ideas List. The next move is to load up.  Life insurance was unchanged; however, my sole long (and takeover candidate), Hartford Financial Services Group (HIG), was up 30 cents. So were brokerages. Retail was weaker, led by Bed, Bath & Beyond (BBBY), down $1.20 (I sold earlier this week).  JWN is a new short (see above).    Old tech was down, with Microsoft (MSFT) off big (a beaner) for the second day in a row. Consumer staples were weaker, led by Best Ideas List long Procter & Gamble (PG). Energy stocks were mixed, though my short, Exxon Mobil (XOM), was down 0.75%. Biotech off marginally. My Biotech Basket (sold on Tuesday) continues to get hammered as speculative stocks fall. Both Potash (POT), down 80 cents, and Twitter (TWTR), down $1, were sold two days ago -- and that looks like a good decision as these two are down pretty hard for the second day in a row. DuPont (DD) was down $1.30 and coming close to my buy entry point under $61. Negative channel check data at Apple (AAPL). (T)FANG was lower, save Alphabet (GOOGL). NOSH mixed, led by O'Reilly Automotive (ORLY) on the upside and Home Depot (HD) on the downside. CRABBY mixed. Sold my ProShares UltraShort S&P 500 ETF (SDS) for a nice gain. Beware of decay in leveraged ETFs, OK?  Good stuff on RealMoneyPro today: 1. "Value in Stores Can Mean Value in Stocks" by Jim "El Capitan" Cramer.  2. TIm "Not Judy or Phil" Collins on iShares 20+ Year Treasury Bond (TLT); thanks for the shout out, TC! If Tim is right, there will be a great buy in bank stocks over the near term. As I said above, stay tuned. 3. Ben Cross on gold.  4. Sham Gad on patience while others around us are acting irrational.  5. RevShark says the path of least resistance is down.
I recently sold my long of Bed Bath & Beyond (BBBY) in the retail space, but am still long on Best Buy (BBY) and Macy's (M) and have been looking for a hedge against those two. Well, I've decided to use a short of Nordstrom (JWN) for that purpose.

My Takeaways and Observations Real Money Pro($)

The U.S. dollar strengthened a bit. Bonds rose in a flight to safety, but were off the highs. 10-year note and 30-year bonds dropped by about seven basis points in yield. Municipals were well-bid. Closed-end municipal bond funds were mixed. High yield was down modestly. Blackstone/GSO Strategic Credit Fund (BGB) was down all day but managed a three-cent gain on the day. More on a bullish view of credit in tomorrow's opening missive. Banks suffered under the pressure of lower interest rates. I will publish my buy levels tomorrow, but late last week I emphasized that bank stocks were likely ahead of themselves over the near term as earnings forecasts remain too optimistic in the face of a flattening yield curve and higher loan losses, which will be partially offset by good control of expenses. As posted, I sold down to small long positions in individual bank stocks. 4 Life insurance stocks, which I recently re-entered on the short side, suffered, with Lincoln National (LNC), MetLife (MET) and Prudential (PRU) down. I am also short Berkshire Hathaway (BRK.B) but long Hartford Financial Services Group (HIG) -- there are takeover possibilities, and I am watching the option activity. Brokerage stocks, which I sold and removed from my Best Ideas List yesterday, got pounded. Morgan Stanley (MS) was down $1.11 and Goldman Sachs (GS) down $3.48. Blackstone Group (BX) also was removed and sold down 82 cents. Lucky timing! Retail was mixed. Home Depot (HD) led on the upside as it rose $1.90, while Bed, Bath & Beyond (BBBY), which I jettisoned yesterday, was on the downside. Crude oil fell by $1.66 to $36.24. Energy stocks were schmeissed, which meant big wins for the shorts I just put on Schlumberger (SLB), down $3.30, and Exxon Mobil (XOM), down $1.85. Autos were punished. I recently re-shorted Ford (F), down 37 cents, and General Motors (GM), down 92 cents. Old tech performed relatively well; it held the PowerShares QQQ ETF (QQQ) to a modest loss of $1.00. QQQ short is my Trade of the Week.  Biotech was schmeissed -- a loss of more than 3.5% as Allergan (AGN) and Valeant Pharmaceuticals (VRX) performed poorly. I sold my entire Biotech Basket -- thank goodness -- as Acadia Pharmaceuticals (ACAD), Cempra (CEMP), Intrexon (XON), Sage Therapeutics (SAGE) and Portola Pharmaceuticals (PTLA) took big hits. (T)FANG ironically had a small bid and went against the tide, but late in the day was faltering. NOSH was tasty, with Nike (NKE), O'Reilly Automotive (ORLY) and HD prospering. CRABBY was lower, with Citigroup (C) leading to the downside.  Only one trade today -- I bought ProShares UltraShort S&P 500 ETF (SDS) small at $20.31 because I am already quite short.  Here is some good stuff on RealMoneyPro today. I highlighted Tim Collins good thought piece. Tim also writes up a former member of my Biotech Basket --  Nektar Therapeutics (NKTR), in which I am no longer long.  Jim "El Capitan" Cramer wants to play ball (!) and turn misses into hits.  Tom Graff asks if the

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