Analyst’s Take on These Shares: Bed Bath & Beyond Inc. (NASDAQ:BBBY), Transocean Ltd. (NYSE:RIG)

In the most recent session, Bed Bath & Beyond Inc. (NASDAQ:BBBY) shares have traded +0.23%. Following the stock price relative to moving averages may offer enhanced perspective on stock performance. After a recent review, the stock has been noted $-2.67 away from the 50-day moving average of $37.52 and $-5.81 away from the 200-day moving average of $40.66. From a different angle, the stock has been recently recorded -28.63% off of the 52-week high of 48.83 and +1.43% removed from the 52-week low of 34.36. 

Currently, Bed Bath & Beyond Inc. has a price to earnings ratio of 7.61. Analysts and investors may also opt to evaluate a company's PEG or price to earnings growth ratio. The PEG ratio represents the ratio of the price to earnings to the anticipated future growth rate of the company. If a company has a PEG Ratio below one, it may be viewed as undervalued. If a company has a PEG Ratio above one, it may show that the company is overvalued. A PEG Ratio near one may be viewed as fair value. The stock currently has a PEG Ratio of 1.27.

Price Target Update

Analysts polled by Thomson Reuters have set a consensus target price of $39.05 on shares. Target prices may vary from one analyst to another due to the various ways they may proceed to calculate future price targets. This is a near-term estimation for the next 12-18 months.

Transocean Ltd. (NYSE:RIG) shares have a current ABR (average broker recommendation) of N/A. This recommendation is offered by Zacks Research. The rating lands on a sliding numerical scale from 1 to 5. A recommendation of 5 would indicate a Strong Sell, and a 1 would signify a Strong Buy. The mean rating may help provide a general sense of analyst sentiment on company shares.

Sell-side analysts taken into consideration by Zacks have also provided price target estimates on shares of Transocean Ltd. (NYSE:RIG). The highest current target is $N/A. The lowest price target out of the polled analysts is presently $N/A. The consensus target price is currently noted at $N/A. Analysts may employ various techniques to help predict future stock price levels.

On the earnings front, Transocean Ltd. (NYSE:RIG) is expected to post quarterly earnings per share of $N/A. This is the current consensus figure provided by Zacks. Investors and analysts will be looking for the company to next post earnings on or around N/A. Transocean Ltd. (NYSE:RIG) most recently reported quarterly EPS of $N/A for the quarter ending N/A. The gap between the actual and the projected estimate leading up to earnings created a surprise factor of N/A%.

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