Barnes & Noble Education Inc (BNED) Forecasts And Estimates For The Near Future

Barnes & Noble Education Inc (NYSE:BNED) has a beta value of 2.00 and has seen 2.69 million shares traded in the last trading session. The company, currently valued at $10.57M, closed the last trade at $0.20 per share which meant it lost -$0.01 on the day or -4.14% during that session. The BNED stock price is -1030.0% off its 52-week high price of $2.26 and 10.0% above the 52-week low of $0.18. The 3-month trading volume is 1.34 million shares.

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

Sporting -4.14% in the red in last session, the stock has traded in the red over the last five days, when the BNED stock price touched $0.20 or saw a rise of 16.28%. Year-to-date, Barnes & Noble Education Inc shares have moved -86.65%, while the 5-day performance has seen it change -14.56%. Over the past 30 days, the shares of Barnes & Noble Education Inc (NYSE:BNED) have changed -71.23%.

Barnes & Noble Education Inc (BNED) estimates and forecasts

The company’s shares have lost -80.69% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 2.70%.

1 analysts offering their estimates for the company have set an average revenue estimate of $253.77 million for the current quarter. 1 have an estimated revenue figure of $268.32 million for the next quarter concluding in Jul 2024. Year-ago sales stood $215.19 million and $255.96 million respectively for this quarter and the next, and analysts expect sales will grow by 17.90% for the current quarter and 4.80% for the next.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 18.50% over the past 5 years. Earnings growth for 2024 is a modest 57.12% while over the next 5 years, the company’s earnings are expected to increase by 20.00%.

BNED Dividends

Barnes & Noble Education Inc is expected to release its next earnings report in May this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.