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BED BATH & BEYOND INC.

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Bed Bath & Beyond : Shares Rising After Co. Names New CEO

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10/09/2019 | 05:02pm EDT

By Stephen Nakrosis

Shares of retailer Bed Bath & Beyond Inc. (BBBY) are trading higher in Wednesday's after-hours market, after the company announced Mark Tritton would be its new chief executive.

Mr. Tritton had been Target chief merchant.

At 4:41 p.m. ET, shares of Bed Bath & Beyond had gained 15.19% in the late trading session, rising to $11.45. Volume in the session topped 35,000 shares.

The company's shares closed the day's regular trading session with a 0.05% loss, finishing at $9.94.

--Write to Stephen Nakrosis at [email protected]

Stocks mentioned in the article
ChangeLast1st jan.
BED BATH & BEYOND INC. 3.17% 12.365 Delayed Quote.9.23%
TARGET CORPORATION 0.27% 112.19 Delayed Quote.69.30%
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Financials (USD)
Sales 2020 11 349 M
EBIT 2020 362 M
Net income 2020 -334 M
Debt 2020 502 M
Yield 2020 5,45%
P/E ratio 2020 -4,93x
P/E ratio 2021 6,40x
EV / Sales2020 0,18x
EV / Sales2021 0,25x
Capitalization 1 522 M
Chart BED BATH & BEYOND INC.
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Technical analysis trends BED BATH & BEYOND INC.
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 21
Average target price 13,37  $
Last Close Price 12,37  $
Spread / Highest target 61,7%
Spread / Average Target 8,12%
Spread / Lowest Target -19,1%
EPS Revisions
Managers
NameTitle
Mary A. Winston Chief Executive Officer & Independent Director
Patrick R. Gaston Independent Chairman
Robyn M. D'Elia Treasurer, Chief Financial & Accounting Officer
Virginia P. Ruesterholz Independent Director
Johnathan B. Osborne Independent Director
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