Stock To Watch: Bed Bath & Beyond Inc. (NASDAQ:BBBY)


The leading market experts have placed a mean price target of $43.78 on Bed Bath & Beyond Inc. (NASDAQ:BBBY) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $1.01 a share for the upcoming quarter and $4.84 for the current fiscal. Technical View The technical analysis of Bed Bath & Beyond Inc. plainly substantiates that the 50-day moving average of Bed Bath & Beyond Inc. is $43.96, and stock is hovering 0.85 or +1.94% distant from $43.96. It is noted that the 200-day MA is $45.74, and Bed Bath & Beyond Inc. stock is $-0.93 or -2.03% off from this point. Bed Bath & Beyond Inc. (NASDAQ:BBBY) 52-week high is $64.62 and the 52-week low is $41.15. This explains if the stock moves $-19.81, it will post a 52-week high. In event of $+8.89% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Bed Bath & Beyond Inc., shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Bed Bath & Beyond Inc. (NASDAQ:BBBY) ratio came in at 8.94. The stock last ended the trading session at $44.81 and registered a market cap of $6.77B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Bed Bath & Beyond Inc. (NASDAQ:BBBY) PEG ratio is at 2.25.

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