Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
The closing price of Barnes & Noble Education Inc (NYSE: BNED) was $10.22 for the day, up 0.59% from the previous closing price of $10.16. In other words, the price has increased by $0.59 from its previous closing price. On the day, 0.95 million shares were traded. BNED stock price reached its highest trading level at $10.545 during the session, while it also had its lowest trading level at $9.96.
Ratios:
Our analysis of BNED’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.61 and its Current Ratio is at 1.31. In the meantime, Its Debt-to-Equity ratio is 2.11 whereas as Long-Term Debt/Eq ratio is at 1.50.
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.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Dec 16 ’24 when Lids Holdings, Inc. sold 1,500,000 shares for $11.25 per share. The transaction valued at 16,875,000 led to the insider holds 2,976,614 shares of the business.
Singer Eric bought 18,000 shares of BNED for $146,630 on Jul 16 ’24. The Director now owns 112,441 shares after completing the transaction at $8.15 per share. On Jul 08 ’24, another insider, MARTIN WILLIAM C, who serves as the Director of the company, bought 60,000 shares for $6.98 each. As a result, the insider paid 418,752 and bolstered with 67,441 shares of the company.
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 308786080 and an Enterprise Value of 768927360. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.20 while its Price-to-Book (P/B) ratio in mrq is 1.36. Its current Enterprise Value per Revenue stands at 0.491 whereas that against EBITDA is 14.355.
Stock Price History:
Over the past 52 weeks, BNED has reached a high of $226.00, while it has fallen to a 52-week low of $6.05. The 50-Day Moving Average of the stock is -2.84%, while the 200-Day Moving Average is calculated to be -48.48%.
Shares Statistics:
BNED traded an average of 415.52K shares per day over the past three months and 783580 shares per day over the past ten days. A total of 27.29M shares are outstanding, with a floating share count of 8.97M. Insiders hold about 70.31% of the company’s shares, while institutions hold 12.99% stake in the company. Shares short for BNED as of 1731628800 were 1008733 with a Short Ratio of 2.57, compared to 1728950400 on 1182915. Therefore, it implies a Short% of Shares Outstanding of 1008733 and a Short% of Float of 12.0699994.
