(BBBY) belongs to Services sector and Home Furnishing Stores industry.
Bed Bath & Beyond announced in its earnings call last week that it would be closing a significant portion of its brick-and-mortar stores in the coming months as a way to cut operational costs. (NASDAQ:BBBY) has declined 49.95% since October 11, 2018 and is downtrending. About 46.98 million shares traded or 520.29% up from the average.
BBBY stock traded up $0.66 during trading on Monday, reaching $12.75.
Many investors forget that one of the defining characteristics of the stock market is that it's a market. The firm now has a hold rating on the retailer's stock. The stock price is moving along down drift from its 200 days moving average with -23.57%.
Trading volume, or volume, is the number of shares or contracts that indicates the overall activity of a security or market for a given period.
The analyst's rating is hold and his price target remains US$11 per share. (NASDAQ:BBBY). Hrt Financial Limited Company has 0.01% invested in Bed Bath & Beyond Inc. (BBBY) we observed that the stock has seen a move -13.18% over the last 52-week trading period. Historical volatility refers to the price fluctuations exhibited by the underlying asset (such as stock) over time. Investors will be anxiously watching to see if things will turn around and the stock will start gaining or losing momentum over the next few months.
Performance Review: The stock has shown the weekly performance of -0.80%, and monthly performance stands at -7.19%. Shares are at 17.44% over the previous week and 10.67% over the past month.
Analyst's mean target price for the company is $13.25while analysts mean suggestion is 2.90. Wall Street analysts have a consensus recommendation of 2.90on this stock. California-based Wells Fargo & Mn has invested 0% in Bed Bath & Beyond Inc. The 7 days volatility is 4.57%.
Beta is a measure of the volatility, or systematic risk, of a security or a portfolio in comparison to the market as a whole. A beta of less than 1 means that the security is theoretically less volatile than the market.
The stock's Average True Range for 14 days was 0.51. A stock experiencing a high level of volatility has a higher ATR, and a low volatility stock has a lower ATR. Vanguard Group Inc. increased its position in Bed Bath & Beyond by 20.2% in the 2nd quarter.
The BBBY stock positioned 10.46% distance from the 5-day MA and stock price situated 10.15% away from the 20-day MA while located 9.42% off of the 50-day MA. But if the stocks have experienced optimistic changes rapidly, then it might have an increased RSI than stocks. It takes a single parameter, the number of time periods to use in the calculation. The lowest target is $1000 while the high is $19. As of now, BBBY has a P/S, P/E and P/B values of 0.14, 0 and 0.75 respectively. At the time of this writing, the total market value of the company is set at 1.57B, with the company presently having 62000 employees. Quick Ratio of 0.5 is an indicator of a company's short-term liquidity. Comparatively, the gazes have a Gross margin 32.40%.
The firm has a complete market capitalization of 1.30B and a total of "Outstanding" outstanding shares. "In just a few months, she has put in place a strong foundation for Mark and the wider company to build upon in the years to come". The hedge fund held 3.00M shares of the home furnishings company at the end of 2019Q2, valued at $34.86 million, down from 4.00M at the end of the previous reported quarter. Given the significance of distinguishing organizations that will guarantee income per share at a high rate, we later fixation to umpire how to recognize which organizations will accomplish high hoarding rates. One evident flaunting to distinguish high profit per part tally together organizations are to find organizations that have shown such develop past the p.s. 5 to 10 years.
Bed Bath & Beyond is banking on Tritton to do much of the same for the company and to hopefully turn its business around.
The business also recently announced a quarterly dividend, which will be paid on Tuesday, January 14th. The payout ratio is also known as the dividend payout ratio.