Barnes & Noble Education Inc [BNED] stock is trading at $11.43, up 14.99%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The BNED shares have gain 11.84% over the last week, with a monthly amount drifted -4.35%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Barnes & Noble Education Inc [NYSE: BNED] stock has seen the most recent analyst activity on March 10, 2021, when Needham reiterated its Buy rating and also boosted its price target to $9 from $5. Previously, Craig Hallum upgraded its rating to Buy on September 04, 2020, and elevated its price target to $4. On March 16, 2020, downgrade downgraded it’s rating to Hold. Sidoti downgraded its rating to a Neutral but stick to its price target of $4 on September 17, 2019. Sidoti upgraded its rating to a Buy. Needham started tracking with a Buy rating for this stock on April 08, 2019, and assigned it a price target of $7. In a note dated January 22, 2019, Sidoti upgraded an Buy rating on this stock.
Barnes & Noble Education Inc [BNED] stock has fluctuated between $6.05 and $135.00 over the past year. Currently, Wall Street analysts expect the stock to reach $2.38 within the next 12 months. Barnes & Noble Education Inc [NYSE: BNED] shares were valued at $11.43 at the most recent close of the market. An investor can expect a potential drop of -79.18% based on the average BNED price forecast.
Analyzing the BNED fundamentals
Barnes & Noble Education Inc [NYSE:BNED] reported sales of 1.56B for the trailing twelve months, which represents a drop of -1.35%. Gross Profit Margin for this corporation currently stands at 0.21% with Operating Profit Margin at -0.02%, Pretax Profit Margin comes in at -0.06%, and Net Profit Margin reading is -0.06%. To continue investigating profitability, this company’s Return on Assets is posted at -0.08, Equity is -0.67 and Total Capital is -0.06. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.24.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 10.29 points at the first support level, and at 9.15 for the second support level. However, for the 1st resistance point, the stock is sitting at 12.38, and for the 2nd resistance point, it is at 13.33.
Ratios To Look Out For
For context, Barnes & Noble Education Inc’s Current Ratio is 1.31. Further, the Quick Ratio stands at 0.61, while the Cash Ratio is 0.02. Considering the valuation of this stock, the price to sales ratio is 0.22, the price to book ratio is 1.52.
Transactions by insiders
Recent insider trading involved Lids Holdings, Inc., 10% Owner, that happened on Dec 16 ’24 when 1.5 million shares were sold. Director, Singer Eric completed a deal on Jul 16 ’24 to buy 18000.0 shares. Meanwhile, Director MARTIN WILLIAM C bought 60000.0 shares on Jul 08 ’24.