Bed Bath & Beyond Inc. (NASDAQ:BBBY) Analyst Estimates

Bed Bath & Beyond Inc. (NASDAQ:BBBY) stock is presently standing at about $39.52 and lots of equity research firms seem to have a target price set on the stock. The median one-year price target of 17 analysts covering the company is $42.00, which suggests the stock could still rise over 6 percent. The highest analyst price target is $49.00, which implies a rally of 76 percent. And a quick view of analyst notes show that 0 are rating the stock a buy while 1 rate BBBY a strong buy. There are 18 equity research firms advocating a Hold and 2 consider it Sell.

Raymond James analysts provided their view on Bed Bath & Beyond Inc. (NASDAQ:BBBY) recently. The rating firm issued a Mkt Perform rating to this company in a research note released on Dec 22, 2016. Loop Capital analysts disclosed their opinion on Bed Bath & Beyond Inc. (NASDAQ:BBBY) recently. The rating firm gave a Sell rating to this stock in a research note published on Dec 20, 2016. According to a research note disclosed on Feb 26, 2016, analysts at Wolfe Research have upped their rating on these shares from Underperform to Peer Perform.

Bed Bath & Beyond Inc. (NASDAQ:BBBY) Transactions Roundup

Several insiders were part of recent insider activity for the stock. Its COO CASTAGNA EUGENE A sold 17,866 company shares for 819330, in a transaction on 2016-08-12. Following the transaction, the COO is left with a stake of 122,764 shares, currently valued at $4851633. Meanwhile, CEO TEMARES STEVEN H sold 223,678 shares worth $10246690, through a transaction dated 2016-05-10. Following the completion of the transaction, the insider is left with a stake of 565,940 shares, amounting $22365948.8. BBBY President and CMO STARK ARTHUR also sold 17,139 shares, at a stock price of $49.16. This transaction occurred on 2016-04-21 totals $842550. After this transaction, the insider’s stake stands at 144,632 shares, with a market value of $5715857.

Executives hold 2.36 percent of the stock. Mr. Leonard Feinstein is one of the biggest insider owners in Bed Bath & Beyond Inc. (NASDAQ:BBBY), according to U.S. Securities and Exchange Commission (SEC) filings. The insider owns 928,666 shares which have current market value of around $36700880.32.Mr. Steven H. Temares is another major inside shareholder in the company. The insider owns 597,415 shares as of 0.4%, currently worth $23609840.8. Mr. Warren Eisenberg is ranked as third insider holder of the stock. This insider holds 543,334 shares with a market value around $21472559.68 as of recent close.

Bed Bath & Beyond Inc. (NASDAQ:BBBY) Earnings Outlook

In Bed Bath & Beyond Inc. (NASDAQ:BBBY)’s latest quarter, EPS moved to $0.85 from $1.11 in preceding quarter and revenues reached at $2,955.48M compared to $2,988.24M. Analysts had expected Bed Bath & Beyond Inc. (NASDAQ:BBBY) to post net income of about $0.98 per share on $3,011.58M in revenue. Looking ahead, analysts on average predict that earnings for the current quarter would come in in the range of $0.69 to $0.82. That is compared with the $1.91 in EPS it reported during the same period a year ago.