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

March 15, 2018 - By Adrian Erickson

 $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.
Cohen Klingenstein Limited owns 31,100 shares. Gulf Int Comml Bank (Uk) Ltd reported 0.02% stake. Retirement Sys Of Alabama accumulated 185,954 shares. Systematic Fincl Mgmt Limited Partnership invested 0.02% of its portfolio in Bed Bath & Beyond Inc. (NASDAQ:BBBY). Pnc Financial Grp has invested 0% in Bed Bath & Beyond Inc. (NASDAQ:BBBY). Ubs Asset Americas Incorporated stated it has 0.02% of its portfolio in Bed Bath & Beyond Inc. (NASDAQ:BBBY). Trust Department Mb National Bank N A stated it has 151 shares. New York-based Ny State Common Retirement Fund has invested 0.01% in Bed Bath & Beyond Inc. (NASDAQ:BBBY). Aviance Cap Partners Lc holds 0.1% or 12,362 shares. Gargoyle Invest Advisor Limited Liability Company reported 0.55% in Bed Bath & Beyond Inc. (NASDAQ:BBBY). Paloma Company holds 0.03% or 96,605 shares in its portfolio. Ing Groep Nv has invested 0.01% in Bed Bath & Beyond Inc. (NASDAQ:BBBY). Parametric Port Associates Ltd Liability Corp, a Washington-based fund reported 782,937 shares. The Pennsylvania-based Ajo Lp has invested 0.09% in Bed Bath & Beyond Inc. (NASDAQ:BBBY). Psagot Invest House Limited accumulated 9,245 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. Robert W. Baird maintained the stock with “Hold” rating in Friday, September 15 report. Credit Suisse maintained the stock with “Hold” rating in Wednesday, September 20 report. KeyBanc Capital Markets maintained the shares of BBBY in report on Wednesday, September 20 with “Sell” rating. As per Friday, November 20, the company rating was downgraded by Cantor Fitzgerald. On Friday, December 18 the stock rating was maintained by Credit Suisse with “Neutral”. The rating was maintained by Credit Agricole on Friday, September 25 with “Neutral”. The company was maintained on Wednesday, September 20 by Barclays Capital. The rating was maintained by UBS with “Neutral” on Wednesday, June 15. The firm has “Hold” rating given on Monday, June 19 by Robert W. Baird. On Tuesday, October 31 the stock rating was maintained by Robert W. Baird with “Hold”.

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

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