Bed Bath & Beyond Inc. (NASDAQ:BBBY) went down by -7.84% from its latest closing price compared to the recent 1-year high of $44.51. The company’s stock price has collected -27.99% of loss in the last five trading sessions. The Wall Street Journal reported on 04/25/22 that Bed Bath & Beyond: Can Baby Get Out of the Bathwater?
Is It Worth Investing in Bed Bath & Beyond Inc. (NASDAQ :BBBY) Right Now?
Plus, the 36-month beta value for BBBY is at 1.80. Opinions of the stock are interesting as 1 analysts out of 19 who provided ratings for Bed Bath & Beyond Inc. declared the stock was a “buy,” while 1 rated the stock as “overweight,” 8 rated it as “hold,” and 8 as “sell.”
The average price from analysts is $12.23, which is $3.51 above the current price. BBBY currently public float of 68.61M and currently shorts hold a 22.26% ratio of that float. Today, the average trading volume of BBBY was 7.07M shares.
BBBY’s Market Performance
BBBY stocks went down by -27.99% for the week, with a monthly drop of -48.10% and a quarterly performance of -39.28%, while its annual performance rate touched -59.58%. The volatility ratio for the week stands at 9.67% while the volatility levels for the past 30 days are set at 9.27% for Bed Bath & Beyond Inc.. The simple moving average for the period of the last 20 days is -34.78% for BBBY stocks with a simple moving average of -48.12% 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 “Market Perform.” The predicted price for BBBY in the upcoming period, according to Telsey Advisory Group is $15 based on the research report published on April 14th of the current year 2022.
Telsey Advisory Group, on the other hand, stated in their research note that they expect to see BBBY reach a price target of $15, previously predicting the price at $18. The rating they have provided for BBBY stocks is “Market Perform” according to the report published on January 07th, 2022.
Telsey Advisory Group gave a rating of “Market Perform” to BBBY, setting the target price at $18 in the report published on January 04th of the current year.
BBBY Trading at -46.63% 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 -77.29% of loss for the given period.
Volatility was left at 9.27%, however, over the last 30 days, the volatility rate increased by 9.67%, as shares sank -47.54% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -40.14% lower at present.
During the last 5 trading sessions, BBBY fell by -27.99%, which changed the moving average for the period of 200-days by -66.11% in comparison to the 20-day moving average, which settled at $15.04. In addition, Bed Bath & Beyond Inc. saw -30.66% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at BBBY starting from Hartmann John R., who purchase 6,667 shares at the price of $15.00 back on Jan 18. After this action, Hartmann John R. now owns 700,166 shares of Bed Bath & Beyond Inc., valued at $100,005 using the latest closing price.
Melnick Gregg A, the EVP, CHIEF STORES OFFICER of Bed Bath & Beyond Inc., purchase 7,195 shares at $13.82 during a trade that took place back on Jan 12, which means that Melnick Gregg A is holding 104,069 shares at $99,435 based on the most recent closing price.
Stock Fundamentals for BBBY
Current profitability levels for the company are sitting at:
- -1.57 for the present operating margin
- +33.31 for the gross margin
The net margin for Bed Bath & Beyond Inc. stands at -7.11. Equity return is now at value -80.80, with -9.80 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 1.14.