Bed Bath & Beyond Inc

Company Profile

Bed Bath & Beyond Inc had its IPO on 1992-06-04 under the ticker symbol BBBY.

The company operates in the Consumer Cyclical sector and Specialty Retail industry. Bed Bath & Beyond Inc has a staff strength of 32,000 employees.

Stock update

Shares of Bed Bath & Beyond Inc opened at $0.32 at the start of the last trading session i.e. 2023-05-27.

The stocks traded within a range of $0.25 - $0.36, and closed at $0.28.

This is a -7.13% slip from the previous day's closing price.

A total volume of 44,009,820 shares were traded at the close of the day’s session.

In the last one week, shares of Bed Bath & Beyond Inc have increased by +56.42%.

Bed Bath & Beyond Inc's Key Ratios

Bed Bath & Beyond Inc has a market cap of $41.96 million, indicating a price to book ratio of 2.9955 and a price to sales ratio of 0.0512.

In the last 12-months Bed Bath & Beyond Inc’s revenue was $6.21 billion with a gross profit of $2.62 billion and an EBITDA of $-612729984. The EBITDA ratio measures Bed Bath & Beyond Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Bed Bath & Beyond Inc’s operating margin was -14.85% while its return on assets stood at -11.47% with a return of equity of -650.27%.

In Q3.6666666666667, Bed Bath & Beyond Inc’s quarterly earnings growth was a positive 0% while revenue growth was a negative 33%.

Bed Bath & Beyond Inc’s PE and PEG Ratio

Forward PE

16.4474

Trailing PE

0

PEG

0.6092

Its diluted EPS in the last 12-months stands at $-14.55 per share while it has a forward price to earnings multiple of 16.4474 and a PEG multiple of 0.6092. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Bed Bath & Beyond Inc’s profitability.

Bed Bath & Beyond Inc stock is trading at a EV to sales ratio of 0.5502 and a EV to EBITDA ratio of -5.8751. Its price to sales ratio in the trailing 12-months stood at 0.0512.

Bed Bath & Beyond Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$4.40 billion

Total Liabilities

$1.66 billion

Operating Cash Flow

$0

Capital Expenditure

$95.59 million

Dividend Payout Ratio

0%

Bed Bath & Beyond Inc ended 2023 with $4.40 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $4.40 billion while shareholder equity stood at $-798643000.00.

Bed Bath & Beyond Inc ended 2023 with $0 in deferred long-term liabilities, $1.66 billion in other current liabilities, 3823000.00 in common stock, $8.55 billion in retained earnings and $0 in goodwill. Its cash balance stood at $153.52 million and cash and short-term investments were $153.52 million. The company’s total short-term debt was $313,368,000 while long-term debt stood at $1.94 billion.

Bed Bath & Beyond Inc’s total current assets stands at $1.88 billion while long-term investments were $21.45 million and short-term investments were $0. Its net receivables were $0 compared to accounts payable of $697.89 million and inventory worth $1.44 billion.

In 2023, Bed Bath & Beyond Inc's operating cash flow was $0 while its capital expenditure stood at $95.59 million.

Comparatively, Bed Bath & Beyond Inc paid $0 in dividends in 2023.

Other key metrics

Current Trading Price

$0.28

52-Week High

$30

52-Week Low

$0.0713

Analyst Target Price

$1.48

Bed Bath & Beyond Inc stock is currently trading at $0.28 per share. It touched a 52-week high of $30 and a 52-week low of $30. Analysts tracking the stock have a 12-month average target price of $1.48.

Its 50-day moving average was $0.35 and 200-day moving average was $3.71 The short ratio stood at 1.17 indicating a short percent outstanding of 0%.

Around 30.6% of the company’s stock are held by insiders while 1192.6% are held by institutions.