Zacks: Bebe Stores Inc. (NASDAQ:BEBE) Given Average Rating of “Hold” by Brokerages
Bebe Stores Inc. (NASDAQ:BEBE) has been given a consensus broker rating score of 3.00 (Hold) from the one analysts that provide coverage for the stock, Zacks Investment Research reports. One analyst has rated the stock with a hold rating.
Analysts have set a 1-year consensus target price of $1.00 for the company, according to Zacks. Zacks has also assigned Bebe Stores an industry rank of 154 out of 265 based on the ratings given to related companies.
An institutional investor recently raised its position in Bebe Stores stock. Royce & Associates LP boosted its stake in shares of Bebe Stores Inc. (NASDAQ:BEBE) by 2.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,859,624 shares of the company’s stock after buying an additional 44,111 shares during the period. Royce & Associates LP owned approximately 2.32% of Bebe Stores worth $936,000 as of its most recent filing with the SEC. 12.97% of the stock is owned by institutional investors and hedge funds.
Bebe Stores (NASDAQ:BEBE) opened at 0.6599 on Wednesday. The firm’s 50-day moving average is $0.75 and its 200 day moving average is $0.57. The stock’s market capitalization is $52.82 million. Bebe Stores has a 1-year low of $0.29 and a 1-year high of $1.26.
Bebe Stores (NASDAQ:BEBE) last posted its quarterly earnings data on Thursday, September 1st. The company reported ($0.08) EPS for the quarter. Bebe Stores had a negative net margin of 6.98% and a negative return on equity of 33.01%. The firm earned $94.90 million during the quarter. Equities analysts anticipate that Bebe Stores will post ($0.47) EPS for the current fiscal year.
Bebe Stores Company Profile
bebe stores, inc. designs, develops and produces a line of contemporary women’s apparel and accessories. The Company’s product offering includes a range of separates, tops, dresses, active wear and accessories across a range of wardrobe occasions. The Company’s accessories include jewelry, sunglasses, fragrance, shoes and handbag assortment.
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