Bed Bath & Beyond Inc. [BBBY] Revenue clocked in at $9.23 billion, up 41.95% YTD: What’s Next?

Bed Bath & Beyond Inc. [NASDAQ: BBBY] price surged by 0.48 percent to reach at $0.12. The company report on April 19, 2021 that Bed Bath & Beyond Invites People To “Escape The Noise™” With the Spa-Inspired Haven™ Owned Brand Line Of Modern Bath Essentials.

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In a busy household, the bathroom is often the only room that can truly offer a private retreat, a place to escape the noise. In fact, a recent “Escape the Noise” survey, conducted by Bed Bath & Beyond (Nasdaq: BBBY), found that 40% of Americans linger in the bathroom longer than they need to just to get more alone time. The reality, however, is that many of us are settling for less-than-tranquil bathroom spaces. The survey went on to reveal that 68% of Americans believe having a space in their home dedicated to relaxation would be helpful in improving their self-care. It’s no surprise that “me-time” is essential in helping us find balance and be our best selves. In fact, Americans who do not have a space in their home where they can get quality “me-time”—that’s 37% of us—are far more likely than those who do to report having had high levels of stress over the past year. So how do we maximize our bathroom spaces to ensure they’re delivering that much-needed retreat?.

“Escape the Noise™” with the spa-inspired Haven™ owned brand line of modern bath essentials from Bed Bath & Beyond.

A sum of 6927324 shares traded at recent session while its average daily volume was at 10.73M shares. Bed Bath & Beyond Inc. shares reached a high of $26.24 and dropped to a low of $24.45 until finishing in the latest session at $25.21.

The one-year BBBY stock forecast points to a potential upside of 5.3. The average equity rating for BBBY stock is currently 3.10, trading closer to a bullish pattern in the stock market.

Guru’s Opinion on Bed Bath & Beyond Inc. [BBBY]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BBBY shares is $26.62 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BBBY stock is a recommendation set at 3.10. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Telsey Advisory Group have made an estimate for Bed Bath & Beyond Inc. shares, keeping their opinion on the stock as Market Perform, with their previous recommendation back on April 15, 2021. The new note on the price target was released on February 11, 2021, representing the official price target for Bed Bath & Beyond Inc. stock.

The Average True Range (ATR) for Bed Bath & Beyond Inc. is set at 1.89, with the Price to Sales ratio for BBBY stock in the period of the last 12 months amounting to 0.32. The Price to Book ratio for the last quarter was 2.21, with the Price to Cash per share for the same quarter was set at 12.55. Price to Free Cash Flow for BBBY in the course of the last twelve months was 15.69 with Quick ratio for the last quarter at 0.80.

BBBY Stock Performance Analysis:

Bed Bath & Beyond Inc. [BBBY] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -9.74. With this latest performance, BBBY shares dropped by -20.17% in over the last four-week period, additionally plugging by 1.51% over the last 6 months – not to mention a rise of 454.07% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for BBBY stock in for the last two-week period is set at 39.13, with the RSI for the last a single of trading hit 34.30, and the three-weeks RSI is set at 43.11 for Bed Bath & Beyond Inc. [BBBY]. The present Moving Average for the last 50 days of trading for this stock 28.30, while it was recorded at 24.98 for the last single week of trading, and 20.54 for the last 200 days.

Insight into Bed Bath & Beyond Inc. Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and Bed Bath & Beyond Inc. [BBBY] shares currently have an operating margin of -1.15 and a Gross Margin at +33.77. Bed Bath & Beyond Inc.’s Net Margin is presently recorded at -1.63.

Return on Equity for this stock declined to -9.91, with Return on Assets sitting at -2.12.

Bed Bath & Beyond Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.80 and a Current Ratio set at 1.50.

BBBY Stock EPS

With the latest financial reports released by the company, Bed Bath & Beyond Inc. posted -1.96/share EPS, while the average EPS was predicted by analysts to be reported at -1.22/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -60.70%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for BBBY. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Bed Bath & Beyond Inc. go to 67.90%.

Bed Bath & Beyond Inc. [BBBY] Insider Position Details

There are presently around $3,828 million, in the hands of institutional investors. The top three institutional holders of BBBY stocks are: BLACKROCK INC. with ownership of 23,181,494, which is approximately 20.149% of the company’s market cap and around 0.90% of the total institutional ownership; FMR LLC, holding 18,901,233 shares of the stock with an approximate value of $476.5 million in BBBY stocks shares; and VANGUARD GROUP INC, currently with $319.87 million in BBBY stock with ownership of nearly 2.345% of the company’s market capitalization.

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Positions in Bed Bath & Beyond Inc. stocks held by institutional investors increased at the end of April and at the time of the April reporting period, where 160 institutional holders increased their position in Bed Bath & Beyond Inc. [NASDAQ:BBBY] by around 31,444,365 shares. Additionally, 156 investors decreased positions by around 23,674,422 shares, while 47 investors held positions by with 96,727,227 shares. The mentioned changes placed institutional holdings at 151,846,014 shares, according to the latest SEC report filing. BBBY stock had 79 new institutional investments in for a total of 11,804,182 shares, while 48 institutional investors sold positions of 9,617,747 shares during the same period.

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