During the last session, Barnes & Noble Education Inc (NYSE:BNED)’s traded shares were 1.04 million, with the beta value of the company hitting 1.99. The 52-week high for the BNED share is $2.26, that puts it down -976.19 from that peak though still a striking 14.29% gain since the share price plummeted to a 52-week low of $0.18. The company’s market capitalization is $11.00M, and the average trade volume was 1.30 million shares over the past three months.
Barnes & Noble Education Inc (NYSE:BNED) trade information
Barnes & Noble Education Inc (BNED) registered a 0.29% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 0.29% in intraday trading to $0.21, hitting a weekly high. The stock’s 5-day price performance is -14.71%, and it has moved by -68.06% in 30 days. Based on these gigs, the overall price performance for the year is -85.92%.
Barnes & Noble Education Inc (BNED) estimates and forecasts
Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to grow 42.40% this quarter and then jump 15.60% in the quarter after that. In the rating firms’ projections, revenue will increase 2.70% compared to the previous financial year.
Revenue for the current quarter is expected to be $253.77 million as predicted by 1 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to $268.32 million by the end of Jul 2024. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled $215.19 million and $255.96 million respectively. In this case, analysts expect current quarter sales to grow by 17.90% and then jump by 4.80% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 18.50%. While earnings are projected to return 57.12% in 2024, the next five years will return 20.00% per annum.
BNED Dividends
Barnes & Noble Education Inc is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
