Technical Indicators under Consideration: Bed Bath & Beyond Inc. (NASDAQ:BBBY)

During the same quarter past year, the firm posted $1.11 earnings per share. The stock's 50 day moving average price is $28.41 and its 200-day moving average price is $33.64. (NASDAQ:BBBY). Baystate Wealth Ltd Llc invested 0% in Bed Bath & Beyond Inc. The retailer reported $0.67 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.95 by ($0.28).

21 number of analysts have estimated the sales of the company for the quarter ending Dec 19, 2017- Dec 26, 2017, analysts estimated mean sale target of 3501.07 million while high and low sale targets are estimated at 3600.25 million and 3402.23 million respectively. Bed Bath & Beyond had a net margin of 5.95% and a return on equity of 27.65%. Bed Bath & Beyond's revenue was down 1.7% on a year-over-year basis. During the same period in the prior year, the firm earned $1.11 EPS. Trading volume for Bed Bath & Beyond Inc. was 5.33 Million in its previous trading session. If you are accessing this story on another publication, it was illegally stolen and reposted in violation of USA & worldwide trademark & copyright laws. (NASDAQ:BBBY) shares have recently been behaving interestingly to keep investors awake. Morgan Stanley fixed a $30.00 price objective on Bed Bath & Beyond and issued the company a sell recommendation in a note on Saturday, Jun 24th. Swiss National Bank boosted its holdings in shares of Bed Bath & Beyond by 1.7% in the second quarter. Oppenheimer Holdings Inc. reissued a hold rating on shares of Bed Bath & Beyond in a research report on Thursday, April 6th. Bank of America Corporation lowered their target price on shares of Bed Bath & Beyond from $35.00 to $30.00 and set an "underperform" rating on the stock in a report on Friday, June 23rd. Finally, Credit Suisse Group reiterated a "neutral" rating and issued a $25.00 price objective (down previously from $33.00) on shares of Bed Bath & Beyond in a research note on Wednesday, September 20th.

A stock rating usually tells investors how well a stock's market value relates to what analysts think is a fair value for the stock, based on an independent evaluation of the company. Zacks Investment Research raised shares of Bed Bath & Beyond from a "hold" rating to a "buy" rating and set a $31.00 target price on the stock in a report on Tuesday, September 5th. (NASDAQ:BBBY) expressed a change of 0.95% and closed its trade at $23.47. The stock had a trading volume of 759,929 shares. The company operates in the Consumer Cyclical sector with a market capitalization of 3.36 Million.

Moving average is significant analytical tool used to discover current price trends and the possibility for a change in an established trend. The stock was trading at a distance of -51.94% from its 52-week highs and stands 6.20% away from its 52-week lows. (NASDAQ:BBBY) has a 20-Day average volume of 5.62 Million.

Institutional investors have recently modified their holdings of the business. Consulting firm Fortuna Advisors ranked the worst 25 performers in share buybacks from 2012 to 2016, and found that Bed, Bath & Beyond spent more than any other company on repurchases as a percentage of its market cap, at 104%. UBS Asset Management Americas has an ownership of 1,155,896 stocks of the retailer's shares valued at $45,612,000 after scooping up an extra 141,380 stocks in the previous period. Renaissance Technologies LLC acquired a new position in shares of Bed Bath & Beyond during the 2nd quarter worth $68,548,000. Amalgamated Bank now owns 10,575 shares of the retailer's stock worth $417,000 after buying an additional 32 shares during the last quarter. Analysts are turning out to be more pessimistic than before, with 1 of analysts who cover Bed Bath & Beyond Inc. Advisors Asset Management Inc. now owns 10,474 shares of the retailer's stock valued at $413,000 after buying an additional 2,176 shares in the last quarter. Riverhead Capital Management LLC raised its position in shares of Bed Bath & Beyond by 9.0% in the 2nd quarter. World Asset Management Inc now owns 17,632 shares of the retailer's stock worth $760,000 after buying an additional 198 shares during the period. Finally, State Street Corp grew its position in Bed Bath & Beyond by 3.2% in the 1st quarter. IL now owns 14,012 shares of the retailer's stock worth $566,000 after purchasing an additional 213 shares during the period. Horizon Invest Limited Liability Company owns 98,258 shares.

The firm earned "Underweight" rating on Tuesday, January 19 by BB&T Capital. Stockholders of record on Friday, December 15th will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 2.56%. The ex-dividend date of this dividend is Wednesday, June 14th.

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