Bed Bath & Beyond Inc. (NASDAQ:BBBY) went up by 1.12% from its latest closing price compared to the recent 1-year high of $26.16. The company’s stock price has collected 6.64% of gains in the last five trading sessions. The Wall Street Journal reported on 01/08/21 that Facebook, Alphabet, Tesla: Stocks That Defined the Week
Is It Worth Investing in Bed Bath & Beyond Inc. (NASDAQ :BBBY) Right Now?
Plus, the 36-month beta value for BBBY is at 2.14. Opinions of the stock are interesting as 5 analysts out of 20 who provided ratings for Bed Bath & Beyond Inc. declared the stock was a “buy,” while 1 rated the stock as “overweight,” 11 rated it as “hold,” and 3 as “sell.”
The average price from analysts is $23.46, which is $5.2 above the current price. BBBY currently public float of 116.56M and currently shorts hold a 62.43% ratio of that float. Today, the average trading volume of BBBY was 8.66M shares.
BBBY’s Market Performance
BBBY stocks went up by 6.64% for the week, with a monthly jump of 1.88% and a quarterly performance of -12.96%, while its annual performance rate touched 40.82%. The volatility ratio for the week stands at 7.49% while the volatility levels for the past 30 days are set at 5.48% for Bed Bath & Beyond Inc.. The simple moving average for the period of the last 20 days is -0.49% for BBBY stocks with a simple moving average of 45.58% for the last 200 days.
Analysts’ Opinion of BBBY
Many brokerage firms have already submitted their reports for BBBY stocks, with Telsey Advisory Group repeating the rating for BBBY by listing it as a “Outperform.” The predicted price for BBBY in the upcoming period, according to Telsey Advisory Group is $27 based on the research report published on January 08th of the current year 2021.
Telsey Advisory Group, on the other hand, stated in their research note that they expect to see BBBY reach a price target of $28. The rating they have provided for BBBY stocks is “Outperform” according to the report published on October 29th, 2020.
Morgan Stanley gave a rating of “Equal-Weight” to BBBY, setting the target price at $24 in the report published on October 29th of the previous year.
BBBY Trading at -4.77% from the 50-Day Moving Average
After a stumble in the market that brought BBBY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -27.60% of loss for the given period.
Volatility was left at 5.48%, however, over the last 30 days, the volatility rate increased by 7.49%, as shares surge +2.32% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -21.12% lower at present.
During the last 5 trading sessions, BBBY rose by +6.64%, which changed the moving average for the period of 200-days by +251.39% in comparison to the 20-day moving average, which settled at $19.05. In addition, Bed Bath & Beyond Inc. saw 6.64% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at BBBY starting from Schechter Joshua, who purchase 1,500 shares at the price of $19.87 back on Nov 11. After this action, Schechter Joshua now owns 21,016 shares of Bed Bath & Beyond Inc., valued at $29,798 using the latest closing price.
Schechter Joshua, the Director of Bed Bath & Beyond Inc., purchase 3,000 shares at $20.23 during a trade that took place back on Nov 02, which means that Schechter Joshua is holding 19,516 shares at $60,690 based on the most recent closing price.
Stock Fundamentals for BBBY
Current profitability levels for the company are sitting at:
- -0.77 for the present operating margin
- +31.72 for the gross margin
The net margin for Bed Bath & Beyond Inc. stands at -5.50. The total capital return value is set at -1.76, while invested capital returns managed to touch -13.31. Equity return is now at value -14.20, with -3.00 for asset returns.
Based on Bed Bath & Beyond Inc. (BBBY), the company’s capital structure generated 219.51 points at debt to equity in total, while total debt to capital is 68.70. Total debt to assets is 49.73, with long-term debt to equity ratio resting at 193.19. Finally, the long-term debt to capital ratio is 60.46.
When we switch over and look at the enterprise to sales, we see a ratio of 0.34, with the company’s debt to enterprise value settled at 1.01. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.55.