Bed Bath & Beyond Inc. (NASDAQ:BBBY) changes shares on Friday trading session, with a change of 8.58% or $0.64 shares. The trading starts at $8.05 and closed at $7.46 throughout the day. The trading session low price was $7.733 and day high was $8.31 on Friday, June 12. After the session, the Consumer Cyclical sector daily volume shifted to 7.48 million while its average volume is 13.21M. In other hand, the BBBY market cap reached to $944.14M. While, its current target price is $8.10 according to WSJ.
Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is down -13.09% and up 48.62% for month. Its quarterly performance was 11.11% above, while its half year performance is down -47.91%. BBBY yearly performance stood at negative -34.09% and fall -53.18% for year-to-date. Current recommendation for Bed Bath & Beyond Inc. is 2.80.
Earnings per share or EPS is an important financial measure, which defines the profitability of a company. BBBY EPS (TTM) for 12-month is -4.88. EPS for this year is -383.10%, while for the next year its value is -0.29. Its EPS Q/Q reached 72.40%. It has an EPS of -24.40% down for past five years.
Let’s take a look on the analyst recommendations on BBBY for the current month and previous month. For the current month, 3 of 19 analysts recommend stock as Buy while 4 as Sell, 1 as overweight, 0 as underweight and 11 as Hold. As compared with the previous month ratings, 19 analysts participate in stock recommendation. Out of 19, 4 rated it sell, 3 rated it as Buy and 11 as Hold Ratings. On the other hand, target price ranges from $3.00-$12.50. Average target price for BBBY was reached at $6.42.
FMR, LLC, Blackrock Inc. and Contrarius Investment Management Limited are the top three holders in Bed Bath & Beyond Inc. (BBBY) stock. On Mar 30, 2020, FMR, LLC has 15.01 million shares which valued 63.19 million. On Mar 30, 2020, Blackrock Inc. owned 14.55 million shares which valued at 61.26 million. On Mar 30, 2020, Contrarius Investment Management Limited has a total of 12.32 million shares which valued at 51.86 million. In the end, Contrarius Investment Management Limited have 9.70% shares outstanding of Bed Bath & Beyond Inc. (BBBY) on Mar 30, 2020. The insider ownership moved to 1.20%.
The company posted an EPS (TTM) of -4.88. According to the most recent quarter report on (May 2020), 16 analysts estimated an average EPS of -1.21, while 0.12 EPS posted a year ago period. Analyst Estimated EPS for BBBY published in the report was -2.16–0.38 during the same period. Comparing with last year, the average estimated EPS was 0.12 which is lower than 0.38 which was posted for recent quarter EPS.
A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for BBBY fall -25.13% for period of 200 days. SMA for 50 days was 31.68% which is showing green signal, while SMA-20 was 9.02%. The moving average value for Bed Bath & Beyond Inc. (BBBY) is 10.29 and 6.91 for 200 and 50 days respectively.