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Bed Bath & Beyond Inc. Message Board

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  • gestumble gestumble Apr 8, 2009 9:17 AM Flag

    technical are showing a retracement to $26.23 before open

    Seems like a buy at 20-, sell at 30+ otherwise a snorefest. How do you get a valuation of 30+ with eps of 1.66 and forward estimates of 1.50 for next year?

    "Castagna said the company "was comfortable" with Wall Street expectations for first-quarter profit of 23 to 24 cents, and that Wall Street's expectation for a full-year profit of $1.50 per share "appears reasonable."

    Could be purposefully conservative guidance, but still going to be flat for a while.

43.74+0.32(+0.74%)4:00 PMEST