What's Happening with BBBY
Bed Bath & Beyond Inc. (BBBY) is scheduled to report Quarter 3 numbers before the market open on September 30. Analysts forecast earnings of $0.22 per share for the quarter. During the same period last year the company earned $0.24, and the stock is up 29.2% on the year.
Technical Analysis
BBBY was recently trading at $22.95 down $30.95 from its 12-month high and $9.30 above its 12-month low. InvestorsObserver gives BBBY a 23 long-term technical score and a 48 short-term technical score. The stock has recent support above $22.49 and recent resistance below $29.04. Of the 13 analysts who cover the stock 2 rate it Strong Buy, 0 rate it Buy, 9 rate it Hold, 0 rate it Sell, and 2 rate it Strong Sell, BBBY gets an overall score of 42 from InvestorsObserver.
Analysts' Thoughts
BBBY has shown annual earnings growth of -28.63% over the last five years, and looking ahead analysts expect the company to grow profits 88.70% per annum the next five years. Last quarter the company posted worse than expected EPS and this quarter the street expects $0.22 EPS. BBBY is currently trading at $22.95 with an average price target of $30.93.