Bed Bath & Beyond (BBBY) Misses Q1 EPS by 10c, Comps Down 2.0%

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Bed Bath & Beyond (BBBY) PT Lowered to $33 at UBS Following 1Q Results

June 23, 2017 10:04 AM EDT

UBS lowered its price target on Bed Bath & Beyond (NASDAQ: BBBY) to $33.00 (from $37.00) while maintaining a Neutral rating. BBBY reported 1Q EPS of $0.53 missing the consensus estimate of $0.66. UBS reduced 2017 EPS to $4.00 from $4.26 and 2018 EPS to $3.95 from $4.34.

Management noted that it... More

Bed Bath & Beyond (BBBY) PT Lowered to $27 at BofA/Merrill Lynch Following 1Q Miss

June 23, 2017 9:55 AM EDT

BofA/Merrill Lynch lowered its price target on Bed Bath & Beyond (NASDAQ: BBBY) to $27.00 (from $33.00) while maintaining a Underperform rating following the company's 1Q. BBBY reported 1Q EPS of $0.53 vs. consensus estimates of $0.66.

BBBY did not update its FY17 guide which... More

Bed Bath & Beyond (BBBY) PT Lowered to $31 at Deutsche Bank Following Disappointing 1Q

June 23, 2017 7:55 AM EDT

Deutsche Bank lowered its price target on Bed Bath & Beyond (NASDAQ: BBBY) to $31.00 (from $36.00) while maintaining a Hold rating following the company's 1Q. On most metrics BBBY missed estimates. Relative to previous quarters, results are getting worse. The 2% comp was below... More

Bed Bath & Beyond (BBBY) PT Lowered to $34 at Jefferies

June 23, 2017 6:40 AM EDT

Jefferies lowered its price target on Bed Bath & Beyond (NASDAQ: BBBY) to $34.00 (from $41.00) while maintaining a Hold rating.

Analyst Dan Binder speculates that soft sales and increasing investment would put the company guidance at risk. He also comments on product pricing... More

Bed Bath & Beyond (BBBY) Estimate Cut At Guggenheim

June 23, 2017 5:20 AM EDT

Guggenheim maintains Neutral on Bed Bath & Beyond (NASDAQ: BBBY).

FY 2017 EPS estimate falls from $4.25 to $3.98 and FY 2018 EPS estimate falls from $4.22 to $3.71.

For an analyst ratings summary and ratings history on Bed Bath & Beyond... More

Bed Bath & Beyond (BBBY) Estimate Cut At Raymond James

June 23, 2017 5:19 AM EDT

Raymond James maintains Market Perform on Bed Bath & Beyond (NASDAQ: BBBY).

FY 2017 GAAP EPS estimate falls from $4.32 to $4.00 and Fy 2018 EPS estimate falls from $4.52 to $4.10.

For an analyst ratings summary and ratings history on Bed Bath & Beyond... More

Bed Bath & Beyond (BBBY) PT Lowered to $31 at Goldman Sachs

June 23, 2017 5:17 AM EDT

Goldman Sachs lowered its price target on Bed Bath & Beyond (NASDAQ: BBBY) to $31.00 (from $38.00) while maintaining a Sell rating.

Analyst Matt Fassler comments "We believe that the emergence of more portals for home-related purchases from Wayfair, to Amazon, to Houzz is intercepting consumers... More

Bed Bath & Beyond (BBBY) PT Lowered to $27 at KeyBanc

June 23, 2017 5:15 AM EDT

KeyBanc lowered its price target on Bed Bath & Beyond (NASDAQ: BBBY) to $27.00 (from $35.00) while maintaining a Underweight rating.

Analyst Bradley Thomas says the valuation is inexpensive but is bothered by sales and margin pressure. He expects such pressure to continue.

FY 2017 EPS... More

Bed Bath & Beyond (BBBY) PT Lowered to $40 at Barclays

June 23, 2017 5:14 AM EDT

Barclays lowered its price target on Bed Bath & Beyond (NASDAQ: BBBY) to $40.00 (from $45.00) while maintaining a Equalweight rating.

Analyst Matt McClintock says he will remain on the sidelines until further clarity emerges regarding a pathway toward earnings growth.

FY 2017 EPS estimate from $4.35 to $4.00 and lowers FY 2018 EPS estimate from $4.50 to $4.10.

... More

Bed Bath & Beyond (BBBY) Declares $0.15 Quarterly Dividend; 1.8% Yield

June 22, 2017 5:42 PM EDT

Bed Bath & Beyond (NASDAQ: BBBY) declared a quarterly dividend of $0.15 per share, or $0.6 annualized.

The dividend will be payable on October 17, 2017, to stockholders of record on September 15, 2017, with an ex-dividend date of September 14, 2017.

The annual yield on the dividend is 1.8... More