How Wall Street Analysts View BBBY Stock after Weak 2Q17 Earnings
On September 21, 2017, analysts expected BBBY’s stock price to reach $25.11 in the next 12 months. This forecast represents a return potential of 12.8% from its current stock price.
On September 21, 2017, BBBY was trading at a forward PE multiple of 7.3x.
In 2Q17, Bed Bath & Beyond (BBBY) posted earnings per share of $0.67.
During 2Q17, Bed Bath & Beyond (BBBY) posted a gross margin, EBITDA margin, and net margin of 36.4%, 8.3%, and 3.1%, respectively.
For the next four quarters, analysts expect Bed Bath & Beyond (BBBY) to post revenues of ~$12.3 billion, which represents growth of 0.9% from ~$12.2 billion in the corresponding four quarters of the previous year.
The same-store sales growth (or SSSG) of Bed Bath & Beyond (BBBY) fell 2.6% in 2Q17 compared to analysts’ estimate of a decline of 0.7%.
Bed Bath & Beyond (BBBY) posted revenues of $2.94 billion in 2Q17, a decline of 1.7% from $3.00 billion in 2Q16. Analysts had forecast the company’s revenues to reach $3.01 billion.
Bed Bath & Beyond (BBBY) announced its 2Q17 earnings on September 19. BBBY posted adjusted earnings per share (or EPS) of $0.77 on revenues of ~$2.9 billion. Compared to 2Q16, its EPS fell 30.6%, while its revenues fell 1.7%.
Tsakos Energy Navigation (TNP) posted revenues of $132 million in 2Q17—4.3% lower than $138.4 million in 1Q17 and 11% higher than $119.8 million in 2Q16.
Tsakos Energy Navigation’s (TNP) vessel operating expenses rose to $43 million in 2Q17—compared to $36 million in 1Q17.
Tsakos Energy Navigation has paid an uninterrupted dividend since its inception. It declared a quarterly dividend of $0.05 per share in 2Q17.
Currently, Tsakos Energy Navigation has 49 vessels out of 65 that have secured employment. The current time charter tenure is 2.5 years.
Tsakos Energy Navigation (TNP) missed its 2Q17 revenue estimate of $109 million. It reported revenues of $104 million.
FedEx’s forward PE multiple of 17.2x is the lowest in the peer group, and analysts are pegging its next-one-year EPS (earnings per share) growth at 4.4%.
Though FedEx (FDX) has the presence across the globe, rival United Parcel Service (UPS) is more dominant in the international arena.
There was no mention of dividends in FedEx’s fiscal 1Q18 earnings conference call, and its stock buybacks were significantly lower ($86.0 million) in fiscal 1Q18.
In fiscal 1Q18, FedEx’s (FDX) incurred $1.04 billion in capital expenditure or capex, representing 6.8% of that quarter’s total revenues of $15.3 billion.
FedEx’s (FDX) fiscal 1Q18 overall operating margin fell to 7.3% from 8.6% in fiscal 1Q17 on a reported basis.
FedEx’s (FDX) Freight segment’s revenues grew 6% to ~$1.8 billion in fiscal 1Q18, up from nearly $1.7 billion in fiscal 1Q17.
FedEx’s (FDX) Ground segment saw its revenues grow 8.1% to $4.6 billion in fiscal 1Q18, up from $4.3 billion in fiscal 1Q17.