Today, a Director at Bed Bath & Beyond (BBBY), Jordan Heller, sold shares of BBBY for $298.4K.
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Based on Bed Bath & Beyond’s latest earnings report for the quarter ending November 30, the company posted quarterly revenue of $3.03 billion and quarterly net profit of $24.35 million. In comparison, last year the company earned revenue of $2.95 billion and had a net profit of $61.3 million. BBBY’s market cap is $2.05B and the company has a P/E ratio of 6.55. Currently, Bed Bath & Beyond has an average volume of 10M.
Based on 9 analyst ratings, the analyst consensus is Moderate Sell with an average price target of $13.00, reflecting a -10.9% downside. Five different firms, including Merrill Lynch and Citigroup, currently also have a Sell rating on the stock.
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Bed Bath & Beyond, Inc. engages in the operation of retail stores and retails domestics merchandise and home furnishings. It operates through the Bed Bath & Beyond, Christmas Tree Shops, Christmas Tree Shops andThat!, Harmon or Harmon Face Values, buybuy BABY, and World Market, Cost Plus World Market or Cost Plus brands.
