Closing Figures: Barnes & Noble Education Inc (BNED)’s Negative Finish at 0.23, Down -1.40

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After finishing at $0.24 in the prior trading day, Barnes & Noble Education Inc (NYSE: BNED) closed at $0.23, down -1.40%. In other words, the price has decreased by -$1.40 from its previous closing price. On the day, 1.4 million shares were traded. BNED stock price reached its highest trading level at $0.245 during the session, while it also had its lowest trading level at $0.22305.

Ratios:

Our goal is to gain a better understanding of BNED by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.88 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 0.70. 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 12374810 and an Enterprise Value of 539280832. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.01 while its Price-to-Book (P/B) ratio in mrq is 0.13. Its current Enterprise Value per Revenue stands at 0.343 whereas that against EBITDA is 27.261.

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 $0.18. The 50-Day Moving Average of the stock is -67.67%, while the 200-Day Moving Average is calculated to be -78.69%.

Shares Statistics:

The stock has traded on average 1.28M shares per day over the past 3-months and 3539170 shares per day over the last 10 days, according to various share statistics. A total of 52.60M shares are outstanding, with a floating share count of 36.81M. Insiders hold about 30.76% of the company’s shares, while institutions hold 33.55% stake in the company. Shares short for BNED as of 1711584000 were 1432370 with a Short Ratio of 1.12, compared to 1709164800 on 1122279. Therefore, it implies a Short% of Shares Outstanding of 1432370 and a Short% of Float of 3.08.

Earnings Estimates

A comprehensive evaluation of Barnes & Noble Education Inc (BNED) is underway, with the input of Vanguard Total Bond Market ETF analysts contributing to its current rating.The consensus estimate for the next quarter is $48.00, with high estimates of $14.77 and low estimates of $0.23.

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