Economy

Bed Bath & Beyond Inc (NASDAQ:BBBY) Stock Price Down as Sentiment Crashes

The company has market cap of $2.87 billion. The Firm provides payment and digital commerce solutions. It has a 5.15 P/E ratio. The Firm operates in two divisions: North American Retail and Institutional Sales.

Ameriprise Financial Inc. cut its stake in shares of Bed Bath & Beyond Inc. DORCHESTER WEALTH MANAGEMENT Co now owns 66,075 shares of the retailer's stock valued at $2,009,000 after acquiring an additional 425 shares during the period. Bed Bath & Beyond's revenue for the quarter was down 1.7% on a year-over-year basis. The stock declined 4.67% or $0.95 reaching $19.38 on the news. Bed Bath & Beyond's dividend payout ratio is 15.42%. (NASDAQ:BBBY) stock has been on a recent steady downtrend, causing some concern for shareholders. It has underperformed by 33.04% the S&P500. Envestnet Asset Inc reported 11,715 shares or 0% of all its holdings. (NASDAQ:BBBY)posting a 2.16% after which it closed the day' session at $20.33 and sees an average of 3.82M shares trade hands in each session while it's while its relative trading volume is 0.71. Therefore 7% are positive. Barclays PLC restated an equal weight rating and set a $30.00 price objective (down from $40.00) on shares of Bed Bath & Beyond in a research report on Wednesday, September 20th.

Baird set a $23.00 target price on Bed Bath & Beyond Inc. (NASDAQ:BBBY) rating on Tuesday, October 31. The ex-dividend date is as of Thursday September 14th, 2017. (NASDAQ:BBBY) on Monday, September 21 with "Buy" rating. (NASDAQ:BBBY) has been given a $23.00 price objective by analysts at Robert W. Baird in a report released on Tuesday. Credit Agricole maintained Bed Bath & Beyond Inc. The firm has "Hold" rating given on Friday, September 25 by Deutsche Bank. The firm now has a "hold" rating on the retailer's stock. The company was maintained on Friday, September 25 by Cantor Fitzgerald.

Investors sentiment decreased to 0.75 in 2017 Q2. Its down -0.13, from 0.88 in 2017Q1.

A few notable investment firms have updated their holdings. 44 funds opened positions while 118 raised stakes. The retailer reported $0.67 earnings per share for the quarter, missing analysts' consensus estimates of $0.95 by ($0.28). (BBBY). A frequently used tool among technical stock analysts is the moving average. Dnb Asset Mngmt As accumulated 12,920 shares. The Nebraska-based Lawson Kroeker Investment Management Inc Ne has invested 1.75% in the stock. (NASDAQ:BBBY). Ls Investment invested 0.02% in Bed Bath & Beyond Inc. (NASDAQ:BBBY) for 9,604 shares. Regentatlantic Capital Lc owns 9,320 shares. Days to cover increased from 3.0 to 7.0 and the percentage of shorted shares is 0.17% as of October 13. Investors of record on Friday, December 15th will be issued a dividend of $0.15 per share. 127,372 were accumulated by Thompson Investment. Federated operates through investment management business segment. Simplex Trading, LLC owns 3,095 shares with a value of $72,000. The lowest target is $76.0 while the high is $88.0. The stock's average target of $43.08 is 114.65% above today's ($20.07) share price. FII was included in 2 notes of analysts from November 18, 2016. The rating was maintained by Jefferies on Thursday, June 22 with "Hold". The company now has a consensus rating of "Hold" and an average price target of $28.12. The stock of Global Payments Inc (NYSE:GPN) earned "Buy" rating by Deutsche Bank on Thursday, October 6. As per Wednesday, January 27, the company rating was downgraded by Citigroup.

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