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BBBY

Bed Bath & BeyondNasdaqGS:BBBY Stock Report

Market Cap

US$2.4b

7D

0.6%

1Y

59.7%

Updated

27 Sep, 2021

Data

Company Financials +
BBBY fundamental analysis
Snowflake Score
Valuation3/6
Future Growth4/6
Past Performance1/6
Financial Health4/6
Dividends0/6

BBBY Overview

Bed Bath & Beyond Inc., together with its subsidiaries, operates a chain of retail stores.

Bed Bath & Beyond Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Bed Bath & Beyond
Historical stock prices
Current Share PriceUS$23.77
52 Week HighUS$14.17
52 Week LowUS$53.90
Beta1.85
1 Month Change-16.10%
3 Month Change-20.53%
1 Year Change59.75%
3 Year Change61.15%
5 Year Change-44.71%
Change since IPO2,137.18%

Recent News & Updates

Sep 22

Bed Bath & Beyond: Deeply Undervalued (If Transformation Is Successful)

Although Bed Bath & Beyond was able to grow revenue in the first quarter of fiscal 2021, the company was still not profitable. Bed Bath & Beyond has announced a three-year strategic plan focusing on digital transformation, store fleet optimization or BBB-owned brands. Management continues to focus on share buybacks and considering that BBBY is most likely undervalued, this is a smart move.

Sep 09
Estimating The Fair Value Of Bed Bath & Beyond Inc. (NASDAQ:BBBY)

Estimating The Fair Value Of Bed Bath & Beyond Inc. (NASDAQ:BBBY)

Today we will run through one way of estimating the intrinsic value of Bed Bath & Beyond Inc. ( NASDAQ:BBBY ) by...

Aug 18

Bed Bath & Beyond Stock: Better Than You Think And Less Than 4x EBITDA

Bed Bath & Beyond is modernizing its operations, with its increasingly digital-facing revenues. I highlight how from 2021 through 2023, Bed Bath is buying back 23% of its market cap. This stock trades for just 4x EBITDA, with low leverage.

Shareholder Returns

BBBYUS Specialty RetailUS Market
7D0.6%0.5%0.1%
1Y59.7%56.6%35.3%

Return vs Industry: BBBY exceeded the US Specialty Retail industry which returned 56.6% over the past year.

Return vs Market: BBBY exceeded the US Market which returned 35.3% over the past year.

Price Volatility

Is BBBY's price volatile compared to industry and market?
BBBY volatility
BBBY Beta1.85
Industry Beta1.56
Market Beta1

Stable Share Price: BBBY is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: BBBY's weekly volatility has decreased from 16% to 7% over the past year.

About the Company

FoundedEmployeesCEOWebsite
197137,600Mark Trittonhttps://www.bedbathandbeyond.com

Bed Bath & Beyond Inc., together with its subsidiaries, operates a chain of retail stores. It operates through two segments, North American Retail and Institutional Sales. The company sells a range of domestics merchandise, including bed linens and related items, bath items, and kitchen textiles; and home furnishings, such as kitchen and tabletop items, fine tabletop, basic housewares, general home furnishings, consumables, and various juvenile products.

Bed Bath & Beyond Fundamentals Summary

How do Bed Bath & Beyond's earnings and revenue compare to its market cap?
BBBY fundamental statistics
Market CapUS$2.38b
Earnings (TTM)US$100.64m
Revenue (TTM)US$9.88b

24.5x

P/E Ratio

0.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BBBY income statement (TTM)
RevenueUS$9.88b
Cost of RevenueUS$6.26b
Gross ProfitUS$3.62b
ExpensesUS$3.52b
EarningsUS$100.64m

Last Reported Earnings

May 29, 2021

Next Earnings Date

Sep 30, 2021

Earnings per share (EPS)0.97
Gross Margin36.65%
Net Profit Margin1.02%
Debt/Equity Ratio106.8%

How did BBBY perform over the long term?

See historical performance and comparison

Valuation

Is Bed Bath & Beyond undervalued compared to its fair value and its price relative to the market?

17.4%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: BBBY ($22.95) is trading below our estimate of fair value ($28.76)

Significantly Below Fair Value: BBBY is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: BBBY is poor value based on its PE Ratio (23.7x) compared to the US Specialty Retail industry average (10.3x).

PE vs Market: BBBY is poor value based on its PE Ratio (23.7x) compared to the US market (17.9x).


Price to Earnings Growth Ratio

PEG Ratio: BBBY is poor value based on its PEG Ratio (1x)


Price to Book Ratio

PB vs Industry: BBBY is good value based on its PB Ratio (2.2x) compared to the US Specialty Retail industry average (3x).


Future Growth

How is Bed Bath & Beyond forecast to perform in the next 1 to 3 years based on estimates from 19 analysts?

23.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BBBY's forecast earnings growth (23.5% per year) is above the savings rate (2%).

Earnings vs Market: BBBY's earnings (23.5% per year) are forecast to grow faster than the US market (15% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: BBBY's revenue (1.1% per year) is forecast to grow slower than the US market (9.8% per year).

High Growth Revenue: BBBY's revenue (1.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: BBBY's Return on Equity is forecast to be high in 3 years time (24.9%)


Past Performance

How has Bed Bath & Beyond performed over the past 5 years?

-56.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BBBY has a large one-off loss of $319.7M impacting its May 29 2021 financial results.

Growing Profit Margin: BBBY became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: BBBY's earnings have declined by 56.7% per year over the past 5 years.

Accelerating Growth: BBBY has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: BBBY has become profitable in the last year, making it difficult to compare its past year earnings growth to the Specialty Retail industry (158.2%).


Return on Equity

High ROE: BBBY's Return on Equity (9.1%) is considered low.


Financial Health

How is Bed Bath & Beyond's financial position?


Financial Position Analysis

Short Term Liabilities: BBBY's short term assets ($3.2B) exceed its short term liabilities ($2.1B).

Long Term Liabilities: BBBY's short term assets ($3.2B) exceed its long term liabilities ($2.9B).


Debt to Equity History and Analysis

Debt Level: BBBY's debt to equity ratio (106.8%) is considered high.

Reducing Debt: BBBY's debt to equity ratio has increased from 54.6% to 106.8% over the past 5 years.

Debt Coverage: BBBY's debt is well covered by operating cash flow (53.6%).

Interest Coverage: BBBY's interest payments on its debt are well covered by EBIT (6x coverage).


Balance Sheet


Dividend

What is Bed Bath & Beyond current dividend yield, its reliability and sustainability?

0.40%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate BBBY's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate BBBY's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if BBBY's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if BBBY's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: BBBY is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of BBBY's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.3yrs

Average management tenure


CEO

Mark Tritton (58 yo)

1.83yrs

Tenure

US$12,926,952

Compensation

Mr. Mark J. Tritton has been President, Chief Executive Officer and Director of Bed Bath & Beyond Inc. since November 4, 2019. He is an Independent Director of Nordstrom, Inc. since March 30, 2020. He was...


CEO Compensation Analysis

Compensation vs Market: Mark's total compensation ($USD12.93M) is above average for companies of similar size in the US market ($USD3.68M).

Compensation vs Earnings: Insufficient data to compare Mark's compensation with company performance.


Leadership Team

Experienced Management: BBBY's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.


Board Members

Experienced Board: BBBY's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: BBBY insiders have sold more shares than they have bought in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Bed Bath & Beyond Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Bed Bath & Beyond Inc.
  • Ticker: BBBY
  • Exchange: NasdaqGS
  • Founded: 1971
  • Industry: Homefurnishing Retail
  • Sector: Retail
  • Market Cap: US$2.384b
  • Shares outstanding: 103.89m
  • Website: https://www.bedbathandbeyond.com

Number of Employees


Location

  • Bed Bath & Beyond Inc.
  • 650 Liberty Avenue
  • Union
  • New Jersey
  • 7083
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/27 22:03
End of Day Share Price2021/09/27 00:00
Earnings2021/05/29
Annual Earnings2021/02/27


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.