The stock of Barnes & Noble Education Inc (BNED) has gone down by -4.04% for the week, with a 9.29% rise in the past month and a -38.50% drop in the past quarter. The volatility ratio for the week is 10.59%, and the volatility levels for the past 30 days are 11.54% for BNED. The simple moving average for the last 20 days is 5.23% for BNED stock, with a simple moving average of -39.39% for the last 200 days.
Is It Worth Investing in Barnes & Noble Education Inc (NYSE: BNED) Right Now?
The 36-month beta value for BNED is also noteworthy at 1.83. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”
The public float for BNED is 36.80M, and at present, short sellers hold a 3.89% of that float. The average trading volume of BNED on April 11, 2024 was 1.05M shares.
BNED) stock’s latest price update
Barnes & Noble Education Inc (NYSE: BNED)’s stock price has increased by 4.08 compared to its previous closing price of 0.65. However, the company has seen a -4.04% decrease in its stock price over the last five trading sessions. Business Wire reported 2024-02-29 that BASKING RIDGE, N.J.–(BUSINESS WIRE)–Barnes & Noble Education, Inc. (NYSE: BNED), a leading solutions provider for the education industry, today announced that the Company expects to report fiscal year 2024 third quarter earnings results on Thursday, March 7, 2024, after market close. The Company will host an investor conference call at 4:30 p.m. Eastern Time on Thursday, March 7, 2024, to review the Company’s financial results and operations. This call is being webcast and can be accessed.
Analysts’ Opinion of BNED
Many brokerage firms have already submitted their reports for BNED stocks, with Needham repeating the rating for BNED by listing it as a “Buy.” The predicted price for BNED in the upcoming period, according to Needham is $9 based on the research report published on March 10, 2021 of the previous year 2021.
Craig Hallum, on the other hand, stated in their research note that they expect to see BNED reach a price target of $4, previously predicting the price at $2.50. The rating they have provided for BNED stocks is “Buy” according to the report published on September 04th, 2020.
BNED Trading at -11.76% from the 50-Day Moving Average
After a stumble in the market that brought BNED to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -70.07% of loss for the given period.
Volatility was left at 11.54%, however, over the last 30 days, the volatility rate increased by 10.59%, as shares surge +7.29% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -25.73% lower at present.
During the last 5 trading sessions, BNED fell by -4.13%, which changed the moving average for the period of 200-days by -41.73% in comparison to the 20-day moving average, which settled at $0.6452. In addition, Barnes & Noble Education Inc saw -54.60% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for BNED
Current profitability levels for the company are sitting at:
- -0.02 for the present operating margin
- 0.21 for the gross margin
The net margin for Barnes & Noble Education Inc stands at -0.05. The total capital return value is set at -0.1. Equity return is now at value -50.86, with -5.72 for asset returns.
Based on Barnes & Noble Education Inc (BNED), the company’s capital structure generated 0.8 points at debt to capital in total, while cash flow to debt ratio is standing at 0.07. The debt to equity ratio resting at 3.91. The interest coverage ratio of the stock is -0.83.
Currently, EBITDA for the company is -8.15 million with net debt to EBITDA at 20.41. When we switch over and look at the enterprise to sales, we see a ratio of 0.35. The receivables turnover for the company is 4.99for trailing twelve months and the total asset turnover is 1.37. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.90.
Conclusion
In summary, Barnes & Noble Education Inc (BNED) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
