Today, the President & COO of Bed Bath & Beyond (NASDAQ: BBBY), Eugene Castagna, sold shares of BBBY for $520.3K.
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Based on Bed Bath & Beyond’s latest earnings report for the quarter ending May 31, the company posted quarterly revenue of $2.75 billion and quarterly net profit of $43.58 million. In comparison, last year the company earned revenue of $2.74 billion and had a net profit of $75.28 million. BBBY’s market cap is $2.92B and the company has a P/E ratio of 7.33. Currently, Bed Bath & Beyond has an average volume of 4.67M.
13 different firms, including B.Riley FBR and BB&T, currently also have a Sell rating on the stock. Based on 14 analyst ratings, the analyst consensus is Moderate Sell with an average price target of $18.00, reflecting a 15.6% upside.
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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.
