Bed Bath & Beyond (BBBY) Tops Q4 EPS Views; Initiates Quarterly Dividend

Morgan Stanley Reiterates Underweight on Bed Bath & Beyond (BBBY) Following 4Q Beat

Morgan Stanley maintained an Underweight rating and $40.00 price target on Bed Bath & Beyond (NASDAQ: BBBY) following the company's 4Q earnings report. BBBY reported a $0.05 EPS beat, driven by 4Q comps. However, 2016 financial guidance
implies that fundamentals will be no better, but most likely worse, than 2015.

Analyst Simeon Gutman commented, "2016... More

UBS Remains Sidelined on Bed Bath & Beyond (BBBY) Following 4Q Results

UBS reiterated a Neutral rating and $52.00 price target on Bed Bath & Beyond (NASDAQ: BBBY) following the company's 4Q earnings report. 4Q EPS of $1.85 exceeded the consensus forecast. BBBY also reported comps of 1.7%, beating street estimates of 0.8%.

Analyst Michael Las commented, "The company's 1.7% comp beat our forecast of... More

Nomura Securities Remains Sidelined on Bed Bath & Beyond (BBBY) Following 4Q Results

Nomura Securities reiterated a Neutral rating and $50.00 price target on Bed Bath & Beyond (NASDAQ: BBBY) following the company's 4Q earnings report. BBBY reported 4Q EPS of $1.91, better than consensus estimates. Nomura lowered 2016 and 2017 EPS estimates to $5.00 and $5.30 from $5.15 and $5.35, respectively.

Analyst Jessica Mace... More

Wedbush Remains Sidelined on Bed Bath & Beyond (BBBY) Following 4Q Beat

Wedbush reiterated a Neutral rating and $46.00 price target on Bed Bath & Beyond (NASDAQ: BBBY) following the company's 4Q earnings report. BBBY reported 4Q adjusted EPS of $1.85, beating consensus expectations of $1.80.

Analyst Seth Basham commented, "Although quality was not superb with gross margins... More

Bed Bath & Beyond (BBBY) Initiates Qtr. Dividend at 12.5c/Share; Yields 1%

Bed Bath & Beyond (NASDAQ: BBBY) initiates a quarterly dividend of $0.125 per share, or $0.5 annualized.

The dividend will be payable on July 19, 2016, to stockholders of record on June 17, 2016, with an ex-dividend date of June 15, 2016.

The annual yield on the dividend is 1... More