Barnes & Noble Education Inc (BNED) Rise 1.93% in Day Trading, Closes at $0.62

The price of Barnes & Noble Education Inc (NYSE: BNED) closed at $0.62 in the last session, up 1.93% from day before closing price of $0.61. In other words, the price has increased by $+0.0118 from its previous closing price. On the day, 1210029 shares were traded.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Ratios:

We take a closer look at BNED’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.35 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1.87. For the most recent quarter (mrq), Quick Ratio is recorded 0.44 and its Current Ratio is at 0.90. In the meantime, Its Debt-to-Equity ratio is 5.51 whereas as Long-Term Debt/Eq ratio is at 1.91.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Needham on March 10, 2021, Reiterated its Buy rating but revised its target price to $9 from $5 previously.

On September 04, 2020, Craig Hallum Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $2.50 to $4.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BNED now has a Market Capitalization of 33.11M and an Enterprise Value of 560.02M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.02 while its Price-to-Book (P/B) ratio in mrq is 0.34. Its current Enterprise Value per Revenue stands at 0.36 whereas that against EBITDA is 267.57.

Stock Price History:

Over the past 52 weeks, BNED has reached a high of $2.26, while it has fallen to a 52-week low of $0.60. The 50-Day Moving Average of the stock is 0.9565, while the 200-Day Moving Average is calculated to be 1.1622.

Shares Statistics:

According to the various share statistics, BNED traded on average about 1.22M shares per day over the past 3-months and 985.73k shares per day over the past 10 days. A total of 52.60M shares are outstanding, with a floating share count of 36.80M. Insiders hold about 30.76% of the company’s shares, while institutions hold 33.43% stake in the company. Shares short for BNED as of Feb 29, 2024 were 1.12M with a Short Ratio of 0.92, compared to 734.5k on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.11% and a Short% of Float of 2.42%.

Earnings Estimates

The company has 2 analysts who recommend its stock at the moment. On average, analysts expect EPS of -$0.36 for the current quarter, with a high estimate of -$0.34 and a low estimate of -$0.38, while EPS last year was -$0.66. The consensus estimate for the next quarter is -$0.72, with high estimates of -$0.64 and low estimates of -$0.81.

Analysts are recommending an EPS of between -$0.82 and -$0.84 for the fiscal current year, implying an average EPS of -$0.83. EPS for the following year is -$0.45, with 2 analysts recommending between -$0.37 and -$0.54.

Revenue Estimates

According to 2 analysts, the current quarter’s revenue is expected to be $252.55M. It ranges from a high estimate of $253.77M to a low estimate of $251.32M. As of the current estimate, Barnes & Noble Education Inc’s year-ago sales were $215.19M, an estimated increase of 17.40% from the year-ago figure. For the next quarter, 2 analysts are estimating revenue of $271.19M, an increase of 6.00% less than the figure of $17.40% in the same quarter last year. There is a high estimate of $274.07M for the next quarter, whereas the lowest estimate is $268.32M.

A total of 2 analysts have provided revenue estimates for BNED’s current fiscal year. The highest revenue estimate was $1.58B, while the lowest revenue estimate was $1.57B, resulting in an average revenue estimate of $1.58B. In the same quarter a year ago, actual revenue was $1.54B, up 2.10% from the average estimate. Based on 2 analysts’ estimates, the company’s revenue will be $1.62B in the next fiscal year. The high estimate is $1.62B and the low estimate is $1.62B. The average revenue growth estimate for next year is up 2.90% from the average revenue estimate for this year.

Most Popular