
Barnes & Noble Education, Inc (NYSE:BNED – Free Report) – Analysts at Northland Securities boosted their Q1 2027 EPS estimates for shares of Barnes & Noble Education in a research note issued on Friday, July 10th. Northland Securities analyst O. Rickert now expects that the specialty retailer will post earnings per share of ($0.50) for the quarter, up from their previous estimate of ($0.52). The consensus estimate for Barnes & Noble Education’s current full-year earnings is $0.71 per share. Northland Securities also issued estimates for Barnes & Noble Education’s Q3 2027 earnings at $0.62 EPS and Q4 2027 earnings at ($0.25) EPS.
BNED has been the topic of several other research reports. Needham & Company LLC upgraded shares of Barnes & Noble Education from a “hold” rating to a “buy” rating and set a $16.00 target price on the stock in a report on Friday, June 26th. Zacks Research upgraded Barnes & Noble Education to a “hold” rating in a report on Thursday, June 11th. Weiss Ratings reissued a “sell (e+)” rating on shares of Barnes & Noble Education in a research report on Wednesday, July 8th. Finally, Wall Street Zen raised Barnes & Noble Education from a “hold” rating to a “buy” rating in a research note on Sunday. Two equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Barnes & Noble Education presently has a consensus rating of “Hold” and a consensus target price of $17.25.
Barnes & Noble Education Trading Up 2.7%
BNED opened at $12.73 on Thursday. Barnes & Noble Education has a twelve month low of $5.90 and a twelve month high of $14.75. The company has a fifty day moving average of $10.94 and a 200-day moving average of $9.73. The stock has a market cap of $440.93 million, a PE ratio of 27.08 and a beta of 1.29. The company has a quick ratio of 0.66, a current ratio of 1.71 and a debt-to-equity ratio of 0.24.
Barnes & Noble Education (NYSE:BNED – Get Free Report) last issued its quarterly earnings results on Thursday, July 9th. The specialty retailer reported $0.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.07 by $0.03. Barnes & Noble Education had a net margin of 0.98% and a return on equity of 7.92%. The firm had revenue of $267.10 million for the quarter, compared to the consensus estimate of $267.55 million.
Hedge Funds Weigh In On Barnes & Noble Education
A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Royal Bank of Canada boosted its position in shares of Barnes & Noble Education by 261.1% during the 4th quarter. Royal Bank of Canada now owns 3,972 shares of the specialty retailer’s stock worth $36,000 after purchasing an additional 2,872 shares in the last quarter. Caitong International Asset Management Co. Ltd increased its position in Barnes & Noble Education by 205.5% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 4,326 shares of the specialty retailer’s stock valued at $40,000 after buying an additional 2,910 shares in the last quarter. Bank of America Corp DE raised its stake in Barnes & Noble Education by 1,412.1% during the 4th quarter. Bank of America Corp DE now owns 6,139 shares of the specialty retailer’s stock worth $62,000 after buying an additional 5,733 shares during the period. Copeland Capital Management LLC acquired a new position in Barnes & Noble Education during the 1st quarter worth approximately $73,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in Barnes & Noble Education during the 2nd quarter worth approximately $96,000. Institutional investors own 38.51% of the company’s stock.
Insider Buying and Selling
In other Barnes & Noble Education news, CFO Jason Snagusky sold 2,237 shares of the firm’s stock in a transaction on Friday, July 10th. The shares were sold at an average price of $11.61, for a total value of $25,971.57. Following the completion of the sale, the chief financial officer directly owned 76,762 shares in the company, valued at approximately $891,206.82. This trade represents a 2.83% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders have sold 5,513 shares of company stock valued at $65,973 in the last ninety days. Company insiders own 1.20% of the company’s stock.
Barnes & Noble Education Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Thursday, July 30th. Investors of record on Thursday, July 16th will be paid a dividend of $0.08 per share. The ex-dividend date of this dividend is Thursday, July 16th. This represents a $0.32 annualized dividend and a yield of 2.5%.
Barnes & Noble Education Company Profile
Barnes & Noble Education, Inc (NYSE: BNED) is a leading provider of educational products and services to the higher education community. The company operates retail campus bookstores under Barnes & Noble College, offering course materials, general merchandise, and digital content. In addition, Barnes & Noble Education delivers educational technology solutions through its digital learning platform and supplemental courseware.
Originally part of Barnes & Noble, Inc, the company completed its spin-off and initial public offering in February 2015 to focus exclusively on college retail and digital learning.
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