Analyst Ratings for Bed Bath & Beyond Inc. (BBBY)Updated: 2017-07-29
Analysts covering Bed Bath & Beyond Inc. (NASDAQ:BBBY) have given it a consensus rating of Hold. A consensus rating of Hold was previously issued for BBBY last month.
A buy rating was issued by 2 analysts, 0 issued an overweight rating, 16 gave a hold rating, 1 gave an underweight rating, and 5 issued a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
A number of analysts gave price targets for BBBY. The most optimistic price target was 40, implying potential capital gains of 36.52 percent. The lowest price target was 26, which equates to a potential downside of -11.26 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -7.31 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.86 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -6.94 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.
The growth rate of BBBY's earnings is estimated by analysts to be -10.33 percent. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of BBBY is -0.66.
BBBY has a 52-week high of 48.83 and a 52-week low of 27.99. The current market price is above the trailing year's low by 4.68 percent, and 40 percent below the high. BBBY has a price/earnings ratio of 6.77. Investors typically compare the P/E ratio to a company's peers in the industry. The BBBY value stock report compares BBBY to some of its peers using value stock charts. The market cap of BBBY is $4.38 billion. BBBY is estimated to release their earnings results for the quarter on 0000-00-00, days from today.