NASDAQ:BBBY
28.66
0.98
(3.54%)
Bed Bath & Beyond Inc. is an American-owned chain of domestic merchandise retail stores in the United States, Puerto Rico, Canada and Mexico.
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Analysis and Opinions about BBBY-Q
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COMMENT
COMMENT
May 5, 2021
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.
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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.
BUY
BUY
March 29, 2021
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.
Show full opinionHide full opinionNow, 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.
COMMENT
COMMENT
January 7, 2021
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.
Show full opinionHide full opinionStock 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.
BUY
BUY
December 14, 2020
The CEO is doing an amazing job and is accelerating its share buyback program.
Show full opinionHide full opinionThe CEO is doing an amazing job and is accelerating its share buyback program.
BUY
BUY
October 28, 2020
A remarkable comeback story under a new CEO. Today they held an investor day where they offered bullish guidance, but still sold off in today's big massive slide. They're no longer burning cash and have turned the ship around.
Show full opinionHide full opinionA remarkable comeback story under a new CEO. Today they held an investor day where they offered bullish guidance, but still sold off in today's big massive slide. They're no longer burning cash and have turned the ship around.
BUY
BUY
October 20, 2020
Allan Tong’s Discover Picks This month, BBBY stock reported its Q2 results and it blew away the street with an EPS of +50 cents vs. the estimated -23 cents. Its digital channels grew 89% as BBB’s online store and curb pick-up services added two million customers that quarter. As Covid continues into these colder months, online sales will surely continue, if not grow further. Read 3 Forgotten Undervalued Stocks: ZBRA Stock, MFC Stock and BBBY Stock for our full analysis.
Show full opinionHide full opinionAllan Tong’s Discover Picks This month, BBBY stock reported its Q2 results and it blew away the street with an EPS of +50 cents vs. the estimated -23 cents. Its digital channels grew 89% as BBB’s online store and curb pick-up services added two million customers that quarter. As Covid continues into these colder months, online sales will surely continue, if not grow further. Read 3 Forgotten Undervalued Stocks: ZBRA Stock, MFC Stock and BBBY Stock for our full analysis.
BUY
BUY
October 5, 2020
The expected stimulus package from Washington. Which companies will benefit? People will spend more on their homes. Best Buy, Home Depot, Lowe's, Costco, Target and even bed bath and Beyond. Will benefit. BBB is much hated, but he would consider it now to buy.
DON'T BUY
DON'T BUY
September 25, 2020
Turnaround stories are tough and this is one. The CEO has done a great job, and housewares is one of the strongest categories in the entire economy. But BBB has never spent enough on digital. It's down 16% YTD though it's had a huge run in recent weeks. It's heavily shorted, meaning people are betting against it. This could pull back hard.
Show full opinionHide full opinionTurnaround stories are tough and this is one. The CEO has done a great job, and housewares is one of the strongest categories in the entire economy. But BBB has never spent enough on digital. It's down 16% YTD though it's had a huge run in recent weeks. It's heavily shorted, meaning people are betting against it. This could pull back hard.
TOP PICK
TOP PICK
January 21, 2020
Riskier, but has potentially good upside. There's no resistance on this chart. True, the chart has gone down a while, but is coming back from the dead with a new CEO and strategy. Short term momentum looks strong. You don't need to pick the bottom, but rather catch a stock on the upside. (Analysts’ price target is $15.00)
Show full opinionHide full opinionRiskier, but has potentially good upside. There's no resistance on this chart. True, the chart has gone down a while, but is coming back from the dead with a new CEO and strategy. Short term momentum looks strong. You don't need to pick the bottom, but rather catch a stock on the upside. (Analysts’ price target is $15.00)
PAST TOP PICK
PAST TOP PICK
January 30, 2017
(Top Pick Jun 13/16, Down 6.70%) They are trying to reduce their physical footprint and increase on-line sales. It is a hold for her. It is a matter of just being able to make more sales online. She thinks they will recover. They just aren’t able to increase their margins. They need to not offer so many in store discounts.
(Top Pick Jun 13/16, Down 6.70%) They are trying to reduce their physical footprint and increase on-line sales. It is a hold for her. It is a matter of just being able to make more sales online. She thinks they will recover. They just aren’t able to increase their margins. They need to not offer so many in store discounts.
PAST TOP PICK
PAST TOP PICK
August 31, 2016
(A Top Pick June 13/16. Up 7.61%.) This is really a reflection of what we have been seeing in the past couple of months, a stronger US consumer and stronger housing sales. Also, they have finally got their online sales a little more together.
(A Top Pick June 13/16. Up 7.61%.) This is really a reflection of what we have been seeing in the past couple of months, a stronger US consumer and stronger housing sales. Also, they have finally got their online sales a little more together.
COMMENT
COMMENT
August 10, 2016
Retail overall has been really, really tough. It has been very segmented into winners and losers. The tough part for this company is what a lot of the more traditional department store types are seeing. They are not getting the differentiation and are having issues with traffic. Stuff they are working on hasn’t really panned out a lot.
Retail overall has been really, really tough. It has been very segmented into winners and losers. The tough part for this company is what a lot of the more traditional department store types are seeing. They are not getting the differentiation and are having issues with traffic. Stuff they are working on hasn’t really panned out a lot.
TOP PICK
TOP PICK
June 13, 2016
US housing sales are really ramping up. Consumer discretionary, especially the retail stocks, have really been beaten up, and this is trading at a good valuation. However, the key thing is that they need to have great online sales. This company got into the online game late, and are the turnaround story. We have just started seeing a ramp up in better online sales, but it is only trading at 9X earnings. Super cheap.
US housing sales are really ramping up. Consumer discretionary, especially the retail stocks, have really been beaten up, and this is trading at a good valuation. However, the key thing is that they need to have great online sales. This company got into the online game late, and are the turnaround story. We have just started seeing a ramp up in better online sales, but it is only trading at 9X earnings. Super cheap.
PAST TOP PICK
PAST TOP PICK
May 21, 2014
(A Top Pick April 18/13. Down 8.16%.) This worked for him for about 6 months and then completely imploded. Not sure if there has been a seismic shift in retail. Fundamentals are very reasonable. Trading at 12X earnings and the balance sheet is completely clean. They are buying back stock instead of starting a dividend.
(A Top Pick April 18/13. Down 8.16%.) This worked for him for about 6 months and then completely imploded. Not sure if there has been a seismic shift in retail. Fundamentals are very reasonable. Trading at 12X earnings and the balance sheet is completely clean. They are buying back stock instead of starting a dividend.
PAST TOP PICK
PAST TOP PICK
March 27, 2014
(A Top Pick April 18/13. Up 1.46%.) Missed their earnings. Had to close stores. However, the thesis has not changed. He does not sell stocks based on one bad quarter. A wonderful company that generates a lot of free cash flow. Bought back $1 billion worth of stock last year and he thinks this is going to continue.
(A Top Pick April 18/13. Up 1.46%.) Missed their earnings. Had to close stores. However, the thesis has not changed. He does not sell stocks based on one bad quarter. A wonderful company that generates a lot of free cash flow. Bought back $1 billion worth of stock last year and he thinks this is going to continue.
Bed Bath & Beyond(BBBY-Q) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 5
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 1
Total Signals / Votes : 6
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, 6 stock analysts published opinions about BBBY-Q. 5 analysts recommended to BUY the stock. 1 analyst 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 Jim Cramer - Mad Money on 2021-05-05. 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?
6 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 2021-06-22, Bed Bath & Beyond (BBBY-Q) stock closed at a price of $28.66.
