Will Bed Bath (NASDAQ:BBBY) price continue to rise in May?

BBBY
 Stock
  

USD 6.46  0.08  1.25%   

As many millenniums are excited about consumer cyclical space, it is only fair to break down Bed Bath Beyond against current market trends. As expected, Bed Bath is starting to reaffirm its true potential as investors are becoming more and more confident in the future outlook. A lot of the movements of the company stock price movements has been a reflection of what is happening in the market overall. The appearance of strong fundamental drivers of the company suggests a short-term price swing for investors of Bed Bath. Bed Bath Beyond is scheduled to announce its earnings tomorrow. The upcoming quarterly report is expected on the 13th of April 2022. The stock experiences the normal trading activities.
Published over three months ago
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Bed Bath Beyond's average rating is Sell from 13 analysts. Do analysts base this consensus on technical analyses? We know that typical technical analysis utilizes price momentum, patterns, and trends looking at historical prices. It aims to identify signals based on Bed Bath market sentiment investors' perception of the future value of Bed Bath. Let us look at a few aspects of Bed Bath technical analysis. About 113.0% of the company shares are held by institutions such as insurance companies. The book value of Bed Bath was currently reported as 9.3. Bed Bath Beyond has Price/Earnings To Growth (PEG) ratio of 0.36. The entity recorded a loss per share of 1.71. The firm next dividend is scheduled to be issued on the 12th of March 2020. Bed Bath had 2:1 split on the 14th of August 2000.
Using predictive technical analysis, we will analyze different prices and returns patterns and diagnose historical swings to determine the real value of Bed Bath Beyond. In general, we focus on analyzing Bed Bath stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Bed Bath's daily price indicators and compare them against related drivers such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Bed Bath's intrinsic value. In addition to deriving basic predictive indicators for Bed Bath, we also check how macroeconomic factors affect Bed Bath price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Bed Bath's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Bed Bath in the context of predictive analytics.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Bed Bath. Your research has to be compared to or analyzed against Bed Bath's peers to derive any actionable benefits. When done correctly, Bed Bath's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Bed Bath Beyond.

How important is Bed Bath's Liquidity

Bed Bath financial leverage refers to using borrowed capital as a funding source to finance Bed Bath Beyond ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Bed Bath financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Bed Bath's total debt and its cash.

What do experts say?

Stock analysis is a method for investors and traders to make buying and selling decisions. By studying and evaluating past and current data, investors and traders attempt to gain an edge in the markets by making informed decisions.
It is good to see analyst projects for Bed Bath, but it might be worth checking our own buy vs. sell analysis

Payment of 328 shares by Sirhal Mara of Bed Bath subject to Rule 16b-3

Legal trades by Bed Bath insiders are very common, as founders, directors, or employees of any publicly traded firm often have stock or stock options. These trades are made public in the United States through the filing of Form 4 of the Securities and Exchange Commission. Below entry was recorded recently and is publicly available as an insider trade:
Bed Bath insider trading alert for payment of common stock $.01 par value per share by Sirhal Mara, EVP CHIEF MERCHANDISING OFC, on 20th of September 2022. This event was filed by Bed Bath Beyond Inc with SEC on 2022-09-20. Statement of changes in beneficial ownership - SEC Form 4 [view details]   
Note, although insider trading is legal, in the United States, Canada, Australia, and Germany, for mandatory reporting purposes, corporate insiders are defined as a company's officers, directors, and any beneficial owners of more than 10% of a class of the company's equity securities.

Closer look at Bed Bath Mean Deviation

Bed Bath Beyond has current Mean Deviation of 4.94. The mean deviation of the equity instrument is the first measure of the distances between each value of security historical prices and the mean. It gives us an idea of how spread out from the center the distribution of returns.

Mean Deviation is the average of the absolute values of the differences between price distribution numbers and their mean. Mean deviation of equity instrument with a lot of historical data is a biased estimator because the time horizon used in calculation will always be much smaller than the entire price history of the equity. The mean deviation is typically used as a measure of dispersion for small investment horizon, otherwise standard deviation is a better measure of dispersion.

Mean Deviation 
 = 
SUM(RET DEV) 
 = 
4.94
SUM = Summation notation
RET DEV = Sum of return deviations of Bed Bath
N = Number of calculation points for selected time horizon
Let's now compare Bed Bath Mean Deviation to its closest peers:
BBBY
GPC
EYE
BBBY4.941157064738291
GPC1.33
EYE2.05

Bed Bath may start a recoup in May

Kurtosis is down to 6.84. It may suggest a possible volatility slide. Bed Bath Beyond is displaying above-average volatility over the selected time horizon. Investors should scrutinize Bed Bath Beyond independently to ensure intended market timing strategies are aligned with expectations about Bed Bath volatility. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Bed Bath's stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Bed Bath's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Bed Bath Implied Volatility

Bed Bath's implied volatility exposes the market's sentiment of Bed Bath Beyond stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Bed Bath's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Bed Bath stock will not fluctuate a lot when Bed Bath's options are near their expiration.

Our Conclusion on Bed Bath

While some other entities within the specialty retail industry are still a little expensive, even after the recent corrections, Bed Bath may offer a potential longer-term growth to investors. With a somewhat neutral outlook on your 90 days horizon, it may be better to hold off any trading activity and neither purchase new shares of Bed Bath nor drop your existing holdings in the Stock. It seems the expected volatility has not yet been fully factored into the current price. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Bed Bath.

Editorial Staff

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Raphi Shpitalnik do not own shares of Bed Bath Beyond. Please refer to our Terms of Use for any information regarding our disclosure principles.

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