Taking a Look at the Data Behind Bed Bath & Beyond Inc. (BBBY)

Bed Bath & Beyond Inc. (BBBY) is an interesting player in the Services space, with a focus on Home Furnishing Stores. The stock has been active on the tape, currently trading at $17.60, up from yesterday’s close by 0.63%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

Bed Bath & Beyond Inc. (BBBY) currently trades with a market capitalization of $2.46 Billion. That value represents a market adjusting for revenues that have been growing by 5.16 % on a quarterly year/year basis as of the company’s last quarterly report.

You can get a sense of how sustainable that is by a levered free cash flow of $499.92 Million over the past twelve months. Generally speaking, earnings are expected to grow in coming quarters. Analysts are forecasting earnings of $0.32 on a per share basis this quarter. Perhaps, that suggests something about why 1.61% of the outstanding share supply is held by institutional investors.

Technical Analysis

Sometimes, we can understand most about a stock by simply looking at how it has been trading. Looking at the stock’s movement on the chart, Bed Bath & Beyond Inc. recorded a 52-week high of $37.49. It is now trading 19.89% off that level. The stock is trading $19.42 its 50-day moving average by 1.82%. The stock carved out a 52-week low down at $16.52.

In recent action, Bed Bath & Beyond Inc. (BBBY) has made a move of -2.87% over the past month, which has come on weak relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 14.61, and it’s gotten there by action that has been less volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 16.90% with $135.28 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of BBBY.

Previous articleJust the Facts on Campbell Soup Company (CPB)
Next articleDigging Up the Facts on Sprouts Farmers Market, Inc. (SFM)