StockNews.com's Stock Research Analysts Barnes & Noble Education (NYSE:BNED – Get the Free Report) said in a report issued Friday. The brokerage has placed a “hold” rating on the specialty retailer's stock.
Several other equity research analysts have also published reports on BNED. Needham & Company LLC reissued a “hold” rating on shares of Barnes & Noble Education in a research note on Wednesday, April 17th. Craig Hulme reaffirmed a “hold” rating and set a price objective on shares of Barnes & Noble Education at $1.25 (down from $3.00) in a research note on Thursday, January 11th. .
Read the latest analysis for Barnes & Noble Education
Barnes & Noble Education Stock 3.1%
Barnes & Noble Education stock opened Friday at $0.22. Barnes & Noble Education has a 52-week low of $0.18 and a 52-week high of $2.26. The stock has a market capitalization of $11.48 million, a P/E ratio of -0.14 and a beta of 2.01. The company's 50 day simple moving average is $0.61 and its 200 day simple moving average is $0.94. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.50, and a current ratio of 0.90.
Barnes & Noble Education (NYSE:BNED – Get a Free Report) last posted its earnings results on Tuesday, March 12th. The specialty retailer reported ($0.02) earnings per share for the quarter. The company had revenue of $456.67 million for the quarter. Barnes & Noble Education had a net profit margin of 5.22% and a return on equity of 51.52%.
Barnes & Noble Education Institutional Transactions
A number of hedge funds have recently modified their positions in the stock. Belvedere Trading LLC bought a new position in Barnes & Noble Education in the 3rd quarter valued at approximately $26,000. PEAK6 Investments LLC increased its position in Barnes & Noble Education by 258.6% in the 3rd quarter. PEAK6 Investments LLC now owns 46,506 shares of the specialty retailer's stock valued at $51,000 after acquiring an additional 33,539 shares in the last quarter. Finally, Greenhaven Road Investment Management LP increased its position in Barnes & Noble Education by 1.7% in the 4th quarter. Greenhaven Road Investment Management LP now owns 5,256,342 shares of the specialty retailer's stock valued at $7,832,000 after acquiring an additional 90,003 shares in the last quarter. 38.51% of the stock is held by institutional investors.
About Barnes & Noble Education
(Get Free Report)
Barnes & Noble Education, Inc operates bookstores for college and university campuses and K-12 educational institutions in the United States. It operates through retail and wholesale segments. The company sells and rents new and used print textbooks, digital textbooks, and publisher-sponsored digital courseware through physical and virtual bookstores, as well as directly to students through Textbooks.com.
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