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Should You Expect Barnes & Noble Education Inc. (NYSE:BNED) To Recover From Its 16.36% Gain From Highs?

Barnes & Noble Education Inc. (NYSE:BNED)’s traded shares stood at 2.64 million during the last session, with the company’s beta value hitting 2.08. At the close of trading, the stock’s price was $1.65, to imply a decrease of -8.33% or -$0.15 in intraday trading. The BNED share’s 52-week high remains $4.45, putting it -169.7% down since that peak but still an impressive 16.36% since price per share fell to its 52-week low of $1.38. The company has a valuation of $81.15M, with an average of 2.44 million shares in intraday trading volume over the past 10 days and average of 661.82K shares over the past 3 months.

Analysts have given a consensus recommendation of a Buy for Barnes & Noble Education Inc. (BNED), translating to a mean rating of 2.00. Of 2 analyst(s) looking at the stock, 0 analyst(s) give BNED a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 2 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -$0.07.

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Barnes & Noble Education Inc. (NYSE:BNED) trade information

After registering a -8.33% downside in the last session, Barnes & Noble Education Inc. (BNED) has traded red over the past five days. The stock hit a weekly high of 2.1000 this Friday, 03/17/23, dropping -8.33% in its intraday price action. The 5-day price performance for the stock is -10.33%, and -33.73% over 30 days. With these gigs, the year-to-date price performance is -5.71%. Short interest in Barnes & Noble Education Inc. (NYSE:BNED) saw shorts transact 0.61 million shares and set a 1.75 days time to cover.

Analysts on Wall Street suggest a consensus price target of $4.00, implying an increase of 58.75% to the stock’s current value. The extremes give us $4.00 and $4.00 for target low and target high price respectively. As such, BNED has been trading -142.42% off suggested target high and -142.42% from its likely low.

Barnes & Noble Education Inc. (BNED) estimates and forecasts

Revenue is forecast to grow 90.10% this quarter before jumping 23.80% for the next one.

Revenue forecast for the current quarter as set by 2 analysts is $397.1 million. Meanwhile, for the quarter ending Apr 2023, a total of 2 analyst(s) estimate revenue growth to $252.67 million.Earnings reports from the last fiscal year show that sales brought in $402.8 million and $260.83 million respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -1.40% before dropping -3.10% in the following quarter.

An assessment of the company’s 5-year growth patterns shows that annual earnings shrunk an estimated -68.50% for the past 5-year period. While 2023 is set for a 52.80% return in earnings, projections for the next 5 years are at 20.00% annually.

BNED Dividends

Barnes & Noble Education Inc. has its next earnings report out on March 09. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Barnes & Noble Education Inc. has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.

Barnes & Noble Education Inc. (NYSE:BNED)’s Major holders

Barnes & Noble Education Inc. insiders hold 25.77% of total outstanding shares, with institutional holders owning 55.47% of the shares at 74.72% float percentage. In total, 55.47% institutions holds shares in the company, led by Dimensional Fund Advisors LP. As of Sep 29, 2022, the company held over 2.4 million shares (or 4.57% of shares), all amounting to roughly $5.77 million.

The next major institution holding the largest number of shares is Greenhaven Road Investment Management, L.P. with 2.36 million shares, or about 4.49% of shares outstanding. As of the market price on Sep 29, 2022, these shares were worth $5.67 million.

We also have Vanguard Total Stock Market Index Fund and Schwab Strategic Tr-Schwab Fundamental U.S. Small Company Index ETF as the top two Mutual Funds with the largest holdings of the Barnes & Noble Education Inc. (BNED) shares. Going by data provided on Sep 29, 2022, Vanguard Total Stock Market Index Fund holds roughly 1.2 million shares. This is just over 2.28% of the total shares, with a market valuation of $2.88 million. Data from the same date shows that the other fund manager holds a little less at 0.85 million, or 1.62% of the shares, all valued at about 2.16 million.

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