Bed Bath & Beyond Inc. (BBBY): Today's Featured Retail Laggard
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
.
(
) pushed the Retail industry lower today making it today's featured Retail laggard. The industry as a whole closed the day up 0.5%. By the end of trading, Bed Bath & Beyond fell 60 cents (-1.1%) to $56.40 on average volume. Throughout the day, 3.1 million shares of Bed Bath & Beyond exchanged hands as compared to its average daily volume of 2.9 million shares. The stock ranged in price between $55.58-$57.05 after having opened the day at $56.91 as compared to the previous trading day's close of $57. Other companies within the Retail industry that declined today were:
(
), down 18.8%,
(
), down 9.8%,
(
), down 7.2%, and
(
), down 7%.
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Bed Bath & Beyond Inc., together with its subsidiaries, operates a chain of retail stores. Bed Bath & Beyond has a market cap of $13.1 billion and is part of the services sector. The company has a P/E ratio of 13.4, below the S&P 500 P/E ratio of 17.7. Shares are down 1.7% year to date as of the close of trading on Thursday. Currently there are 14 analysts that rate Bed Bath & Beyond a buy, one analyst rates it a sell, and six rate it a hold.
TheStreet Ratings rates Bed Bath & Beyond as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, growth in earnings per share, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow.
- You can view the full Bed Bath & Beyond Ratings Report.
On the positive front,
Schiff Nutrition International
(
), up 29%,
(
), up 19.7%,
(
), up 12%, and
(
), up 7.1%, were all gainers within the retail industry with
(
) being today's featured retail industry leader.
- Use our retail section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the retail industry could consider
(
) while those bearish on the retail industry could consider
ProShares Ultra Sht Consumer Goods
(
).
- Find other investment ideas from our top rated ETFs lists.
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