With 0.68 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.26 million shares. The 52-week range on BNED shows that it touched its highest point at $2.50 and its lowest point at $0.75 during that stretch. It currently has a 1-year price target of $1.25. Beta for the stock currently stands at 1.85.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of BNED was up-trending over the past week, with a rise of 1.56%, but this was up by 18.02% over a month. Three-month performance dropped to -14.78% while six-month performance fell -16.95%. The stock lost -50.51% in the past year, while it has lost -34.23% so far this year. A look at the trailing 12-month EPS for BNED yields -1.86 with Next year EPS estimates of -0.46. For the next quarter, that number is 0.01. This implies an EPS growth rate of 54.97% for this year and 38.10% for next year. EPS is expected to grow by 20.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 18.50%.
Float and Shares Shorts:
At present, 52.60 million BNED shares are outstanding with a float of 36.80 million shares on hand for trading. On Feb 15, 2024, short shares totaled 1.52 million, which was 2.86% higher than short shares on Jan 12, 2024. In addition to BND as the firm’s Vanguard Total Bond Market ETF, BNED serves as its Barnes & Noble Education, Inc.
Institutional Ownership:
Through their ownership of 37.46% of BNED’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for BNED since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
