Company chares are trading at $5.73 significantly below the 50 day moving average which is $7.49 and well below the 200 day moving average of $9.31. RBC Capital Markets maintained it with "Sell" rating and $2500 target in Wednesday, July 12 report.
Barnes & Noble Education, Inc's P/E ratio is 52.73 and market cap is 269.79M. TheStreet downgraded shares of Barnes & Noble Education from a "c-" rating to a "d+" rating in a research note on Wednesday, August 23rd. Lastly, Research Firm Zacks boosted Barnes & Noble from a "hold" recommendation to a "buy" recommendation and fixed a $8.50 price target for The corporation in a study report on early Tue, Jul 4th. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and two have given a buy rating to the stock. In a transaction dated October 10, 2016, the shares were put up for sale at an average price of $10.79, raking in a sum of $103,800.
Shares of Barnes & Noble Education (BNED) traded up 2.50% during trading on Thursday, hitting $5.33. Strs Ohio now owns 81,200 shares of the specialty retailer's stock worth $751,000 after acquiring an additional 14,700 shares in the last quarter. The stock's 50 day moving average is $7.57 and its 200-day moving average is $8.10. The company has market cap of $569.99 million. Barnes & Noble Education Inc has a 12-month low of $5.03 and a 12-month high of $13.15. Analysts expect next quarter's EPS to be $0.17 and the next full year EPS is projected to be $0.40. The company's sales was down 6.7% compared with the same period in the prior year. During the same quarter in the previous year, the firm posted ($0.60) EPS.
COPYRIGHT VIOLATION WARNING: This piece was originally posted by TrueBlueTribune and is the sole property of of TrueBlueTribune.
What Historical Figures Say About Barnes & Noble, Inc. Teachers Advisors LLC owned 0.16% of Barnes & Noble Education worth $695,000 at the end of the most recent reporting period.
Luminus Management Llc decreased Black Hills Corp (BKH) stake by 97.33% reported in 2016Q4 SEC filing. JPMorgan Chase & Co. grew its holdings in shares of Barnes & Noble Education by 39,054.6% during the first quarter. The biggest holder now is Mr. Leonard Riggio who owns 7,594,591 shares (10.46% of those outstanding), whilst Mr. William J. Lynch, Jr holds 846,811 (1.17% of shares outstanding) and Ronald D. Boire holds 511,638 (0.70% of shares outstanding). It increased, as 19 investors sold Barnes & Noble, Inc. shares while 47 reduced holdings. Finally, Strs Ohio lifted its position in shares of Barnes & Noble by 22.1% during the first quarter. Thrivent Financial For Lutherans now owns 202,737 shares of the specialty retailer's stock worth $2,155,000 after purchasing an additional 180,880 shares during the last quarter.
Investors of this company earned a return of 1.00% on the assets it owns in past twelve month. The correct version of this story can be read at https://baseballnewssource.com/markets/teachers-advisors-llc-has-695000-position-in-barnes-noble-education-inc-bned/1592246.html.
Neil Saunders, managing director of GlobalData Retail, commented that Nook's losses are a drag on the company resources, and it is time for the Barnes & Noble to scrap Nook and focus on developing a better online platform and apps to support its business.
Barnes & Noble Education, Inc.is a contract operator of bookstores on college and university campuses across the United States and a well-known provider of digital education services.
Rite Aid Corporation (NYSE:RAD) Under Analyst Spotlight
NGL Energy Partners LP (NYSE:NGL) has a market cap of $1.12 billion and over the last 12 months, NGL has declined by -50.11%. The company reported ($0.05) earnings per share (EPS ) for the quarter, missing the consensus estimate of ($0.01) by $0.04.
Dolphins head to LA ahead of Irma
Dolphins owner Stephen Ross is taking care of the families for coaches, players and members of the team's traveling party. The Dallas Cowboys and Los Angeles Rams were helpful to the Dolphins, and both teams offered the use of their facilities.