Stock price performance of Bed Bath & Beyond Inc. is analyzed for various periods using several stock trading signals. The stock price have dropped -8.72% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -11.92% . Looking at the past 52 week period, the stock price is down -7.72% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of Bed Bath & Beyond Inc. has a negative value of -18.13 compared to overall market performance. Company shares have received an average consensus rating of Hold for the current week The stock has recorded a 20-day Moving Average of 2.53% and the 50-Day Moving Average is 8.84%.The 200 Day SMA reached 9.14%
Bed Bath & Beyond Inc. is having a Relative Strength Index of 39.83 which indicates the stock is not yet over sold or over bought based on the technical indicators. Stocks of Bed Bath & Beyond Inc. (NASDAQ:BBBY) rallied by 0.83% during the past week but lost 1.33% on a 4-week basis. The company has outperformed the S&P 500 by 0.71% in the past week but underperformed the index by 2.21% in the last 4 weeks.
Company has reported several Insider transactions to the SEC, on Aug 15, 2016, Eugene A Castagna (Chief Operating Officer) sold 17,866 shares at 45.86 per share price.On May 12, 2016, Steven H Temares (Chief Executive Officer) sold 223,678 shares at 45.81 per share price.On Apr 22, 2016, Arthur Stark (President and CMO) sold 17,139 shares at 49.16 per share price.
Bed Bath & Beyond Last issued its quarterly earnings results on Dec 21, 2016. The company reported $0.85 EPS for the quarter, missing the analyst consensus estimate by $ -0.13. Analyst had a consensus of $0.98. The company had revenue of $2955.50 million for the quarter, compared to analysts expectations of $3010.62 million. The companys revenue was up .1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.09 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Bed Bath & Beyond was Downgraded by Raymond James to Mkt Perform on Dec 22, 2016. Bed Bath & Beyond was Reiterated by Telsey Advisory Group on Dec 22, 2016 to Market Perform, Lowers Price Target to $ 43 from a previous price target of $45 .Bed Bath & Beyond was Initiated by Loop Capital on Dec 20, 2016 to Sell, Price Target of the shares are set at $35.
Bed Bath & Beyond Inc. (NASDAQ:BBBY) : On Friday heightened volatility was witnessed in Bed Bath & Beyond Inc. (NASDAQ:BBBY) which led to swings in the share price. The stock opened for trading at $40.19 and hit $40.45 on the upside , eventually ending the session at $40.07, with a gain of 0.07% or 0.03 points. The heightened volatility saw the trading volume jump to 2,129,853 shares. The 52-week high of the share price is $52.71 and the company has a market cap of $6,023 million. The 52-week low of the share price is at $38.605 .
Bed Bath & Beyond is a nationwide operator of superstores selling predominantly better quality domestics merchandise and home furnishings typically found in better department stores. The Company offers a wide assortment of merchandise at everyday low prices that are substantially below regular department store prices and generally comparable to or below department store sale prices. The Companys domestics merchandise line includes items such as bed linens, bath accessories and kitchen textiles, and the companys home furnishings line.