Bed Bath Piotroski F Score

BBBY -  USA Stock  

USD 8.70  0.52  6.36%

This module uses fundamental data of Bed Bath to approximate its Piotroski F score. Bed Bath F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Bed Bath Beyond. These three categories are profitability, efficiency, and funding. Some research analysts and sophisticated value traders use Piotroski F Score to find opportunities outside of the conventional market and financial statement analysis.They believe that some of the new information about Bed Bath financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Continue to Bed Bath Altman Z Score, Bed Bath Correlation, Bed Bath Valuation, as well as analyze Bed Bath Alpha and Beta and Bed Bath Hype Analysis.
  
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Bed Bath Total Debt is fairly stable at the moment as compared to the past year. Bed Bath reported Total Debt of 3.03 Billion in 2021. Debt Current is likely to rise to about 426.1 M in 2022, whereas Long Term Debt to Equity is likely to drop 0.72 in 2022. Bed Bath Interest Coverage is fairly stable at the moment as compared to the past year. Bed Bath reported Interest Coverage of 35.42 in 2021. Calculated Tax Rate is likely to rise to 43.57 in 2022, whereas Inventory Turnover is likely to drop 2.90 in 2022.
At this time, it appears that Bed Bath's Piotroski F Score is Healthy. Although some professional money managers and academia have recently criticized Piotroski F-Score model, we still consider it an effective method of predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
6.0
Piotroski F Score - Healthy
1
Current Return On AssetsNegativeFocus
2
Change in Return on AssetsIncreasedFocus
3
Cash Flow Return on AssetsPositiveFocus
4
Current Quality of Earnings (accrual)ImprovingFocus
5
Asset Turnover GrowthIncreaseFocus
6
Current Ratio ChangeIncreaseFocus
7
Long Term Debt Over Assets ChangeHigher LeverageFocus
8
Change In Outstending SharesIncreaseFocus
9
Change in Gross MarginIncreaseFocus

Bed Bath Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Bed Bath is to make sure Bed Bath is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Bed Bath's auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if Bed Bath's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares117.7 M99.2 M
Fairly Up
Decreasing
Slightly volatile
Weighted Average Shares Diluted117.7 M99.2 M
Fairly Up
Decreasing
Slightly volatile
Net Cash Flow from Operations320.4 M17.9 M
Way Up
Decreasing
Slightly volatile
Total Assets6.8 B5.1 B
Significantly Up
Decreasing
Slightly volatile
Total Liabilities5.8 BB
Fairly Up
Increasing
Slightly volatile
Current Assets3.3 B2.4 B
Significantly Up
Decreasing
Slightly volatile
Current Liabilities2.4 B2.1 B
Fairly Up
Increasing
Slightly volatile
Total Debt3.6 BB
Fairly Up
Increasing
Slightly volatile
Return on Average Assets(0.0921)(0.098)
Notably Down
Decreasing
Slightly volatile
Gross Margin0.330.316
Sufficiently Up
Decreasing
Slightly volatile
Asset Turnover1.471.374
Notably Up
Decreasing
Slightly volatile

Bed Bath Beyond F Score Driver Matrix

One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between Bed Bath's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Bed Bath in a much-optimized way.

About Bed Bath Piotroski F Score

F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.

Book Value per Share

8.39

Share
Bed Bath Book Value per Share is fairly stable at the moment as compared to the past year. Bed Bath reported Book Value per Share of 1.75 in 2021

About Bed Bath Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Bed Bath Beyond's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Bed Bath using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Bed Bath Beyond based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Bed Bath Beyond Inc., together with its subsidiaries, operates a chain of retail stores. Bed Bath Beyond Inc. was incorporated in 1971 and is headquartered in Union, New Jersey. Bed Bath operates under Specialty Retail classification in the United States and is traded on NASDAQ Exchange. It employs 32000 people.

Bed Bath Investors Sentiment

The influence of Bed Bath's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Bed Bath. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Bed Bath Implied Volatility

    
  181.56  
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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Bed Bath in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Bed Bath's short interest history, or implied volatility extrapolated from Bed Bath options trading.

Current Sentiment - BBBY

Bed Bath Beyond Investor Sentiment

Majority of Macroaxis users are currently bullish on Bed Bath Beyond. What is your opinion about investing in Bed Bath Beyond? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
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Pair Trading with Bed Bath

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Bed Bath position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Bed Bath will appreciate offsetting losses from the drop in the long position's value.

Bed Bath Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to Bed Bath could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bed Bath when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Bed Bath - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Bed Bath Beyond to buy it.
The correlation of Bed Bath is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bed Bath moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bed Bath Beyond moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Bed Bath can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Continue to Bed Bath Altman Z Score, Bed Bath Correlation, Bed Bath Valuation, as well as analyze Bed Bath Alpha and Beta and Bed Bath Hype Analysis. Note that the Bed Bath Beyond information on this page should be used as a complementary analysis to other Bed Bath's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

Complementary Tools for Bed Bath Stock analysis

When running Bed Bath Beyond price analysis, check to measure Bed Bath's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bed Bath is operating at the current time. Most of Bed Bath's value examination focuses on studying past and present price action to predict the probability of Bed Bath's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Bed Bath's price. Additionally, you may evaluate how the addition of Bed Bath to your portfolios can decrease your overall portfolio volatility.
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Is Bed Bath's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bed Bath. If investors know Bed Bath will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bed Bath listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Bed Bath Beyond is measured differently than its book value, which is the value of Bed Bath that is recorded on the company's balance sheet. Investors also form their own opinion of Bed Bath's value that differs from its market value or its book value, called intrinsic value, which is Bed Bath's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bed Bath's market value can be influenced by many factors that don't directly affect Bed Bath's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bed Bath's value and its price as these two are different measures arrived at by different means. Investors typically determine Bed Bath value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bed Bath's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.