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SquarExchange

Bed Bath & Beyond Inc June 30 ,2 0 21


Queries
Specialty Stores Entry Price: $32-33.5 infosquarExchange@gmail.com
Symbol: BBBY Target Price: $52
Recommendation: Strong Buy Upside: 57.57%

Trading Strategy
Below are the main technical and fundamental drivers behind trading BBBY:
COMPANY STATISTICS
Market Cap ($ Bn): $3.54
 Moving Average Breakout – After a prolonged period of meme-driven volume,
the stock has finally consolidated above the 100-day EMA. This has been closely
52-Week Range: $7.39-$53.90 followed with the 26-day EMA crossing over the 50-day EMA, which can lead to
Dividend Yield: N/A strong upside potential.
Revenue ($ Bn): 9.23  Relative Strength Index– The stock is making higher lows, but the RSI has been
EPS (TTM): $(0.98) trailing with lower lows on the 1D time interval. This divergence acts as an early
indication of a strong incoming move.
P/Sales (TTM): 0.39x
 Resistance Level Breakout – BBBY witnessed strong liking from the meme-
P/E (TTM): N/A
driven investors, which led into strong volatility. The stock has signifant resistance
P/E (Forward): 22.09 between 30-32 levels giving an ideal entry point once the stock sustains above
P/Book (Current): 2.79x these levels.

Return on Equity (2019): -8.44% Trading Thesis


Current Ratio: 1.58  Entry Price: $32-$33.5
Equity Beta: 1.83  Price Target: $52
Shares Outstanding (in Mn): 106.63  Stop Loss: $22
 Time Period: At least 4 months

Disclaimer: SquarExchange is an informational organization. We are not registered investment brokers; therefore, we
cannot assess, verify or guarantee the adequacy, accuracy or completeness of any information. The suitability or
profitability of any particular investment, or the potential value of any investment or informational source should be verified
by your financial advisor or by conducting your own financial research. Historical performance is not indicative of future
results; hence, we do not take responsibility for any trades taken based on the information presented in this report.

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