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Bed Bath & Beyond (BBBY-Q)
42 watching
NASDAQ:BBBY
0.43
0.17
(28.00%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
Mar 31, 2023, 8:00 pm
0
TOP PICK
specialty stores
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The Weekly Buzzing Stocks by Billy Kawasaki
$0.594
Unknown
$0.594
Unknown
DON'T BUY
His data says that this market is overbought, and a pullback is coming (a buying opportunity). he's concerned because we're seeing the return of rank speculation in weak stocks, like this one which was a meme stock before. A red flag! Avoid buying these after they spike and this has in the past week, though plunged today. BBB last reported a huge net earnings loss and miss for fiscals Q3-2022. The street doubts BBB can manage their debt. Avoid. You could lose your entire investment.
specialty stores
TOP PICK
Bed Bath & Beyond Inc. and subsidiaries (the 'Company') is an omnichannel retailer that makes it easy for its customers to feel at home. The Company sells a wide assortment of merchandise in the Home, Baby, Beauty and Wellness markets. Additionally, the Company is a partner in a joint venture which operates retail stores in Mexico under the name Bed Bath & Beyond. Social media mentions are up 168% in the past 24h.
specialty stores
$3.920
Unknown
SELL
We just had another meme stock explosion. Last week, BBBY imploded when major shareholder Ryan Cohen unloaded ALL his shares. Also last Friday, it was reported that some suppliers have holding their supplies due to unpaid shipments. They are running out of money. He is not a memester (don't hate him). The next time a meme stock roars--sell it.
specialty stores
DON'T BUY
This meme stock wrecked its balance sheet by borrowing lots of money to buy back stock, then failed with its merchandising strategy. BBBY reminds him of JC Penney. Today, shares soared, but is down after hours among the meme traders. He expects the meme trade to continue--but then fall.
specialty stores
TOP PICK
Bed Bath & Beyond Inc. and subsidiaries (the 'Company') is an omnichannel retailer that makes it easy for its customers to feel at home. The Company sells a wide assortment of merchandise in the Home, Baby, Beauty and Wellness markets. Additionally, the Company is a partner in a joint venture which operates retail stores in Mexico under the name Bed Bath & Beyond. Social media mentions are up 13% in the past 24h.
specialty stores
$10.525
Unknown
COMMENT
Doesn't like them endlessly buying back shares, but they did have endless cash on hand as they tried to transform the business. Yet, the new CEO is trying to turn around the chain, but he continues to buyback shares while cash flow is dwindling. They report Wednesday.
specialty stores
BUY
Shot up today 15%, partly due to the meme trade and partly from announcing an e-commerce deal with Kroger. Great time to buy is now. BBBY had weak management until the new CEO.
specialty stores
TOP PICK
The stock is up nicely year to date. The company is a turnaround story. The flagship store in New York is their jewel. Their e-commerce presence is improving as well. Jim Cramer likes the play and believes there will be a multi-year run. Social media mentions have increased 40% in the past 24 hours.
specialty stores
N/A
Unknown
BUY
Up 62% YTD. It's a turnaround story. The flagship store in New York is a marvel. Their e-commerce is good. The CEO will take BBBY to a multi-year run.
specialty stores
WEAK BUY
They report Wednesday. A meme stock. He likes it. The report could prove they're a post-Covid survivor.
specialty stores
COMMENT
It's chronically misunderstood, but he stands behind it. This is a legitimate turnaround story; forget the Reddit rally it had weeks ago. It's bounced between the high-20s and low-30s, then reported a good earnings beat, 4% same-store sales growth and 6% flagship store growth, far more than the street's expectations. However, some investors didn't like their cautious guidance about shipping concerns, and shares plunged 12%. This may be a buying opportunity.
specialty stores
BUY
Now, investors are throwing out the non-essential retailers, so he expects a few more days of selling. Also, BBBY went up because of the Reddit short squeeze, now fading. So, Wall Street now has to get long behind BBBY. So, if one big analyst gets behind BBBY, it could be a home run.
specialty stores
COMMENT
Stock plunged 11% today on a top and bottom line miss. Same-store sales were up only 2%, vs. the street's 5% estimate. Guidance was mixed this and next quarter. This, after last year's comeback. He still believes in the CEO. Also digital sales were up 77% company wide, and December was solid. So, the report wasn't all bad.
specialty stores
BUY
The CEO is doing an amazing job and is accelerating its share buyback program.
specialty stores
Bed Bath & Beyond(BBBY-Q) Rating
Ranking : 3 out of 5
Bullish - Buy Signals / Votes : 0
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 3
Total Signals / Votes : 3
Bed Bath & Beyond(BBBY-Q) Frequently Asked Questions
What is Bed Bath & Beyond stock symbol?
Bed Bath & Beyond is a American stock, trading under the symbol BBBY-Q on the NASDAQ (BBBY). It is usually referred to as NASDAQ:BBBY or BBBY-Q
Is Bed Bath & Beyond a buy or a sell?
In the last year, 3 stock analysts published opinions about BBBY-Q. 0 analysts recommended to BUY the stock. 3 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Bed Bath & Beyond.
Is Bed Bath & Beyond a good investment or a top pick?
Bed Bath & Beyond was recommended as a Top Pick by on . Read the latest stock experts ratings for Bed Bath & Beyond.
Why is Bed Bath & Beyond stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Bed Bath & Beyond worth watching?
3 stock analysts on Stockchase covered Bed Bath & Beyond In the last year. It is a trending stock that is worth watching.
What is Bed Bath & Beyond stock price?
On 2023-03-31, Bed Bath & Beyond (BBBY-Q) stock closed at a price of $0.4274.
Advertising
Bed Bath & Beyond Inc. and subsidiaries (the 'Company') is an omnichannel retailer that makes it easy for its customers to feel at home. The Company sells a wide assortment of merchandise in the Home, Baby, Beauty and Wellness markets. Additionally, the Company is a partner in a joint venture which operates retail stores in Mexico under the name Bed Bath & Beyond. Social media mentions are up 92% in the past 24h.