|Bid||0.00 x 1200|
|Ask||0.00 x 1400|
|Day's Range||24.02 - 25.55|
|52 Week Range||3.43 - 26.16|
|Beta (5Y Monthly)||2.39|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jan. 06, 2021 - Jan. 11, 2021|
|Forward Dividend & Yield||0.68 (17.94%)|
|Ex-Dividend Date||Mar. 12, 2020|
|1y Target Est||20.29|
Does Bed Bath & Beyond (BBBY) have what it takes to be a top stock pick for momentum investors? Let's find out.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
The market response to Bed Bath & Beyond (NASDAQ: BBBY) fundamentally restructuring itself by shedding noncore assets and focusing on its digital future has caused its stock price to double. Shares in the home goods retailer over the last 30 days have risen from about $12 to over $24, and now an analyst thinks they can double again. Baird analyst Peter Benedict told investors in a research note that despite Bed Bath & Beyond's meteoric rise, the bullish case remains weighed down by doubt.