|Bid||0.00 x 21500|
|Ask||0.00 x 1100|
|Day's Range||20.03 - 20.75|
|52 Week Range||16.52 - 31.29|
|PE Ratio (TTM)||6.62|
|Earnings Date||Jun 27, 2018|
|Forward Dividend & Yield||0.64 (3.23%)|
|1y Target Est||17.76|
On June 19, Bed Bath & Beyond (BBBY) was trading at $20.21. On the same day, analysts were expecting the company’s stock price to reach $17.76, a fall of 12.1% from its current stock price.
The forward PE multiple is determined by dividing a company’s stock price by analysts’ EPS estimates for it over the next four quarters. On June 19, BBBY was trading at a forward PE of 9.2x compared to 7.9x before the announcement of its fiscal fourth-quarter earnings. Although BBBY’s stock price fell on its weak fiscal 2018 outlook, the company’s valuation multiple increased due to the lowering of earnings estimates by analysts for the next four quarters.
Analysts expect Bed Bath & Beyond (BBY) to post EPS of $0.32 in the fiscal first quarter, which represents a fall of 44.8% from $0.58 in the corresponding quarter of the previous year. A contraction in BBBY’s net margin is expected to offset the positive effects of revenue growth and share repurchases, resulting in a fall in its EPS in the quarter. Analysts expect BBBY’s net margin to contract from 3.0% in the fiscal first quarter of 2017 to 1.6% in the fiscal first quarter of 2018.
Compared to the fiscal first quarter of the previous year, BBBY operated six more stores at the end of the fiscal fourth quarter of 2017. To drive its SSSG (same-store sales growth), BBBY’s management is focusing on a differentiated merchandise assortment, dynamic pricing, its membership program, and a frictionless digital experience. The company has been restructuring its merchant organization to create a best-in-class digital merchandising strategy. During the same period, Williams-Sonoma (WSM) posted revenue growth of 8.2%, while RH (RH) posted a revenue fall of 0.8%.
Bed Bath & Beyond (BBBY) is all set to announce its fiscal first-quarter earnings after the market closes on June 27. In the fiscal fourth quarter, BBBY posted adjusted EPS of $1.48 on revenue of $3.7 billion. Analysts had expected the company to post EPS of $1.39 on revenue of $3.7 billion. After posting its fiscal fourth-quarter earnings, BBBY’s management set its 2018 EPS guidance in the range of $2–$2.50, which was lower than analysts’ consensus expectation of $2.77. The company’s lower-than-expected EPS guidance led to a fall in its stock price.
On June 15, analysts’ target price for Williams-Sonoma (WSM) stock was $55.10, which represented an 11.6% fall from its price of $62.31 that day. The company’s better-than-expected first-quarter earnings and raised guidance appear to have compelled analysts to raise their target prices. Since the announcement of Williams-Sonoma’s first-quarter earnings, Morgan Stanley, RBC, Deutsche Bank, Telsey Advisory Group, and Jefferies have all increased their price targets. Peers’ price targets and return potential are as follows: Bed Bath & Beyond’s (BBBY) analyst price target is $17. ...
On June 15, Williams-Sonoma (WSM) announced a quarterly dividend of $0.43 at an annualized rate of $1.72 and a payout ratio of 40.7%. The dividend is set to be paid on August 24 to shareholders as of July 20. Based on its June 15 stock price of $62.31, Williams-Sonoma’s dividend yield was 2.8%.
Moody's Investors Service, ("Moody's") has affirmed the ratings on 14 classes in Morgan Stanley Bank of America Merrill Lynch Trust 2012-C5, Commercial Mortgage Pass-Through Certificates, Series ...
On June 12, Home Depot (HD) was trading at $201.31. On the same day, analysts were expecting the company’s stock price to reach $211.13 in the next 12 months, which represents a return potential of 4.9%.
This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on January 30. Index (PMI) data, output in the Consumer Services sector is rising.
Bed Bath & Beyond Inc. said late Tuesday that Eugene A. Castagna has been named president and chief operating officer. Castagna has been with the retailer since November 1994 and has served as COO since 2014, the company said. Susan E. Lattmann, 50, most recently the company's chief financial officer and treasurer, has been promoted to chief administrative officer, Bed Bath & Beyond said.
Mr. Castagna has been with the Company since November 1994 and has served as COO since 2014. Previously, he served as Chief Financial Officer (CFO) and Treasurer from 2006 to 2014, and as Vice President – Finance from 2000 to 2006. Susan E. Lattmann, 50, formerly the Company's CFO & Treasurer, has been promoted to Chief Administrative Officer. Ms. Lattmann has been with the Company since 1996 and served as CFO since 2014.
Wendover Commons is filling up, and a travel agency will be one of the new arrivals. A Way to Go Travel will move into Suite 50, in a row of shops running adjacent to anchor Academy Sports + Outdoors and Cost Plus World Market at the new shopping center at 4526 Wendover Ave. in Greensboro, just east of I-73, Triad Business Journal has learned. The travel agency is currently located at 4205-C W. Wendover Ave. in The Shoppes at Wendover Village.
Of the 26 analysts who follow Williams-Sonoma (WSM), 7.7% favor a “buy,” 76.9% favor a “hold,” and 15.4% are favor a “sell” rating. In the next 12 months, analysts expect WSM’s stock price to reach $54.85, which represents a return potential of 5.6%.
Valuation multiples help investors compare companies with similar business models. We’ve opted for the forward PE (price-to-earnings) multiple due to the high visibility in Williams-Sonoma’s (WSM) earnings. The forward PE multiple is calculated by dividing the company’s current stock price with analysts’ EPS estimates for the next four quarters.
Williams-Sonoma (WSM) posted EPS of $0.54 for the first quarter. However, removing special or one-time items, the company’s adjusted EPS stood at $0.67, outperforming analysts’ expectation of $0.58 by 15.5%.
Williams-Sonoma (WSM) posted a gross margin, EBITDA margin, and net margin of 36.0%, 10.2%, and 4.7%, respectively. These margins were at 35.6%, 10.2%, and 4.0%, respectively, in the corresponding quarter of the previous year.
Of the 33 analysts following Lowe’s Companies (LOW), 78.8% are favoring a “buy,” and 21.2% are favoring a “hold.” None of them are recommending a “sell.” Analysts are expecting LOW stock to reach $106.31 in the next 12 months, which represents a return potential of 12.3%.
Williams-Sonoma (WSM) posted revenue of $1.20 billion in the first quarter with retail sales forming 46.3% of the total revenue, while e-commerce generated 53.7%. The revenue growth was driven by growth in both retail as well as E-commerce sales. During the quarter, revenue from retail sales increased 4.9% to $556.8 million.
Lowe’s Companies (LOW) posted gross margin, EBITDA margin, and net margin of 34.6%, 10.5%, and 5.7%, respectively, in the first quarter. They were 34.4%, 9.3%, and 5.2%, respectively, in Q1 2017.
Lowe’s Companies (LOW) posted revenue of $17.4 billion for the first quarter, which was lower than analysts’ expectation of $17.6 billion. Revenue growth was driven by the addition of new stores, positive SSSG (same-store sales growth) of 0.6%, the addition of new stores, and the adoption of a new accounting standard, which contributed $130 million to first-quarter revenues. By the end of the first quarter, Lowe’s was operating 2,154 stores, which represents an increase of 17 stores from 2,137 in Q1 2017.
UNION, N.J., May 24, 2018 /PRNewswire/ -- Bed Bath & Beyond Inc. (BBBY) announced today that it has appointed Stephanie Bell-Rose, senior managing director at TIAA and head of the TIAA Institute, as an independent member of the Company's Board of Directors, effective May 18, 2018. This appointment expands the Board to 12 members. The Company has nominated Bell-Rose for election at Bed Bath & Beyond's 2018 Annual Meeting of Shareholders. Bell-Rose received the John H. Niemeyer Award for Leadership in Advancing Educational Equity and Excellence from Bank Street College, and The John F. Kennedy School of Government Alumni Achievement Award. She received AB, JD and MPA degrees from Harvard University.
Graphic Packaging Holding and Tarena International may be trading at prices below their likely values. This suggests that these stocks are undervalued, meaning we can benefit when the stock priceRead More...
On May 17, Lowe’s (LOW) was trading at $85.47 per share. On that day, analysts expected the company’s stock price to reach $105.24 for a return potential of 23.1%.
Yahoo Finance's Alexis Christoforous and Jared Blikre break down the latest market action.