Analysts Say That Barnes & Noble Education Inc (NYSE:BNED) Is Likely To Make It To 4 In 12 Months

In last trading session, Barnes & Noble Education Inc (NYSE:BNED) saw 0.56 million shares changing hands with its beta currently measuring 2.13. Company’s recent per share price level of $9.94 trading at $0.12 or 1.22% at ring of the bell on the day assigns it a market valuation of $300.33M. That closing price of BNED’s stock is at a discount of -2173.64% from its 52-week high price of $226.00 and is indicating a premium of 39.13% from its 52-week low price of $6.05. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.77 million shares which gives us an average trading volume of 456.17K if we extend that period to 3-months.

For Barnes & Noble Education Inc (BNED), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 3.00. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 0 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0 in the current quarter.

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

Upright in the green during last session for gaining 1.22%, in the last five days BNED remained trading in the red while hitting it’s week-highest on Monday, 01/06/25 when the stock touched $9.94 price level, adding 8.47% to its value on the day. Barnes & Noble Education Inc’s shares saw a change of -1.00% in year-to-date performance and have moved -2.17% in past 5-day. Barnes & Noble Education Inc (NYSE:BNED) showed a performance of -13.64% in past 30-days. Number of shares sold short was 1.01 million shares which calculate 4.54 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 2.38 to the stock, which implies a fall of -318.53% to its current value. Analysts have been projecting 0.75 as a low price target for the stock while placing it at a high target of 4. It follows that stock’s current price would jump 92.45% in reaching the projected high whereas dropping to the targeted low would mean a gain of 92.45% for stock’s current value.

Barnes & Noble Education Inc (BNED) estimates and forecasts

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -19.60% during past 5 years.

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

Insiders are in possession of 58.56% of company’s total shares while institution are holding 30.06 percent of that, with stock having share float percentage of 72.54%. Investors also watch the number of corporate investors in a company very closely, which is 30.06% institutions for Barnes & Noble Education Inc that are currently holding shares of the company. IFP ADVISORS, INC is the top institutional holder at BNED for having 280.0 shares of worth $26.0. And as of 2024-06-30, it was holding 0.0526 of the company’s outstanding shares.

On the other hand, World Funds Tr-Philotimo Focused Growth & Income Fd and Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024 , the former fund manager was holding 600.43 shares of worth $5.97 million or 1.99% of the total outstanding shares. The later fund manager was in possession of 471.2 shares on Sep 30, 2024 , making its stake of worth around $4.68 million in the company or a holder of 1.56% of company’s stock.