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

March 14, 2018 - By Peter Erickson

 Analysts See $1.41 EPS for Bed Bath & Beyond Inc. (BBBY)
Investors sentiment increased to 0.81 in Q3 2017. Its up 0.06, from 0.75 in 2017Q2. It improved, 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.
Meeder Asset Mgmt Inc has invested 0.19% in Bed Bath & Beyond Inc. (NASDAQ:BBBY). Employees Retirement Association Of Colorado accumulated 24,840 shares. Moreover, Goldman Sachs Group has 0.02% invested in Bed Bath & Beyond Inc. (NASDAQ:BBBY). Pictet Asset Limited reported 54,600 shares. Jacobs Levy Equity holds 94,100 shares. Geode Limited Liability Com has invested 0.02% in Bed Bath & Beyond Inc. (NASDAQ:BBBY). 4.79M are held by Aqr Capital Management Ltd Limited Liability Company. Oldfield Prns Ltd Liability Partnership holds 0.02% of its portfolio in Bed Bath & Beyond Inc. (NASDAQ:BBBY) for 10,600 shares. Comerica Bancorporation reported 115,902 shares. Moreover, Louisiana State Employees Retirement System has 0.04% invested in Bed Bath & Beyond Inc. (NASDAQ:BBBY) for 38,500 shares. Los Angeles Mngmt & Equity Rech holds 9,465 shares or 0% of its portfolio. Us Financial Bank De reported 19,051 shares. Teachers Retirement Of The State Of Kentucky holds 30,850 shares or 0.01% of its portfolio. Utah Retirement Sys invested in 0.01% or 25,455 shares. Amalgamated National Bank holds 26,549 shares or 0.02% of its portfolio.

Analysts expect Bed Bath & Beyond Inc. (NASDAQ:BBBY) to report $1.41 EPS on April, 4.They anticipate $0.43 EPS change or 23.37 % from last quarter’s $1.84 EPS. BBBY’s profit would be $200.78 million giving it 3.99 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 0.75% or $0.17 during the last trading session, reaching $22.5. About 2.28 million shares traded. Bed Bath & Beyond Inc. (NASDAQ:BBBY) has declined 16.34% since March 14, 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. Credit Suisse maintained it with “Hold” rating and $25.0 target in Wednesday, September 20 report. Robert W. Baird maintained the shares of BBBY in report on Friday, September 15 with “Hold” rating. Credit Agricole maintained the stock with “Neutral” rating in Friday, September 25 report. The firm has “Market Perform” rating by Telsey Advisory Group given on Thursday, December 22. Goldman Sachs maintained it with “Sell” rating and $46 target in Thursday, June 23 report. The rating was maintained by UBS with “Neutral” on Thursday, September 22. The stock of Bed Bath & Beyond Inc. (NASDAQ:BBBY) has “Underweight” rating given on Tuesday, January 19 by BB&T Capital. The firm has “Neutral” rating by Wedbush given on Wednesday, December 23. Cantor Fitzgerald maintained Bed Bath & Beyond Inc. (NASDAQ:BBBY) rating on Friday, September 25. Cantor Fitzgerald has “Buy” rating and $77 target. The rating was downgraded by Suntrust Robinson on Wednesday, December 23 to “Neutral”.

Bed Bath & Beyond Inc., together with its subsidiaries, operates a chain of retail stores. The company has market cap of $3.20 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 6.39 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: which released: “Bed Bath & Beyond: Short On Clarity, Long On Opportunity” on March 07, 2018, also with their article: “Analyst: Toys R Us Closures Could Be Positive Catalyst For Bed Bath & Beyond” published on February 27, 2018, published: “Bed Bath & Beyond: A Cheap And Profitable Retailer” on March 04, 2018. More interesting news about Bed Bath & Beyond Inc. (NASDAQ:BBBY) were released by: and their article: “Is Bed Bath & Beyond (BBBY) a Great Stock for Value Investors?” published on February 27, 2018 as well as‘s news article titled: “Bed Bath & Beyond Is Worth At Least $30 – Look No Further Than The Dividend” with publication date: February 13, 2018.

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