Headlines about Bed Bath & Beyond (NASDAQ:BBBY) have trended somewhat positive this week, according to Accern. The research firm scores the sentiment of press coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Bed Bath & Beyond earned a daily sentiment score of 0.17 on Accern’s scale. Accern also assigned media coverage about the retailer an impact score of 46.7680524574315 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

These are some of the headlines that may have impacted Accern’s rankings:

Bed Bath & Beyond (NASDAQ:BBBY) opened at 28.78 on Friday. Bed Bath & Beyond has a 12-month low of $27.99 and a 12-month high of $48.83. The stock has a 50 day moving average price of $29.63 and a 200-day moving average price of $36.06. The firm has a market capitalization of $4.05 billion, a PE ratio of 6.62 and a beta of 1.13.

Bed Bath & Beyond (NASDAQ:BBBY) last released its quarterly earnings data on Thursday, June 22nd. The retailer reported $0.58 earnings per share for the quarter, missing the consensus estimate of $0.66 by $0.08. The company had revenue of $2.74 billion for the quarter, compared to the consensus estimate of $2.79 billion. Bed Bath & Beyond had a return on equity of 24.38% and a net margin of 5.22%. The business’s revenue was up .1% compared to the same quarter last year. During the same period in the prior year, the business earned $0.80 earnings per share. On average, equities research analysts forecast that Bed Bath & Beyond will post $4.02 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 17th. Stockholders of record on Friday, September 15th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 2.08%. The ex-dividend date is Thursday, September 14th. Bed Bath & Beyond’s dividend payout ratio is presently 13.86%.

Several research analysts have weighed in on BBBY shares. Wolfe Research downgraded Bed Bath & Beyond from a “peer perform” rating to an “underperform” rating and set a $31.00 target price on the stock. in a research note on Monday, June 19th. Zacks Investment Research downgraded Bed Bath & Beyond from a “hold” rating to a “sell” rating in a research note on Monday, June 12th. Bank of America Corporation lowered their target price on Bed Bath & Beyond from $35.00 to $30.00 and set an “underperform” rating on the stock in a research note on Friday, June 23rd. Argus reiterated a “buy” rating and issued a $40.00 target price (down from $48.00) on shares of Bed Bath & Beyond in a research note on Wednesday, June 28th. Finally, Wedbush lowered their target price on Bed Bath & Beyond from $42.00 to $38.00 and set a “neutral” rating on the stock in a research note on Tuesday, July 4th. Ten investment analysts have rated the stock with a sell rating, thirteen have given a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Bed Bath & Beyond presently has a consensus rating of “Hold” and an average target price of $35.24.

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About Bed Bath & Beyond

Bed Bath & Beyond Inc is a retailer, which operates under the names Bed Bath & Beyond (BBB), Christmas Tree Shops, Christmas Tree Shops andThat! or andThat! (collectively, CTS), Harmon or Harmon Face Values (collectively, Harmon), buybuy BABY (Baby) and World Market, Cost Plus World Market or Cost Plus (collectively, Cost Plus World Market).

Insider Buying and Selling by Quarter for Bed Bath & Beyond (NASDAQ:BBBY)

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