The trading price of Barnes & Noble Education Inc (NYSE:BNED) closed lower on Monday, April 22, closing at $0.20, -13.62% lower than its previous close.
In examining the 52-week price action we see that the stock hit a 52-week high of $2.26 and a 52-week low of $0.18. Over the past month, the stock has lost -66.05% in value.
Barnes & Noble Education Inc, whose market valuation is $10.69 million at the time of this writing. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by -$0.38 per share this quarter, however they have predicted annual earnings per share of -$1.06 for 2024 and -$0.37 for 2025. It means analysts are expecting annual earnings per share growth of 38.40% this year and 65.10% next year.
Analysts have forecast the company to bring in revenue of $253.77 million for the current quarter, with the likely lows of $253.77 million and highs of $253.77 million. The average estimate suggests sales will likely up by 17.90% this quarter compared to what was recorded in the comparable quarter last year. From the analysts’ viewpoint, the consensus estimate for the company’s annual revenue in 2024 is $1.58 billion. The company’s revenue is forecast to grow by 2.70% over what it did in 2024.
A company’s earnings reviews provide a brief indication of a stock’s direction in the short term, where in the case of Barnes & Noble Education Inc no upward and no downward comments were posted in the last 7 days. On the technical side, indicators suggest BNED has a 100% Sell on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Sell, while an average of long term indicators suggests that the stock is currently 100% Sell.
A quick review shows that BNED’s price is currently -65.85% off the SMA20 and -71.65% off the SMA50. The RSI metric on the 14-day chart is currently showing 23.58, and weekly volatility stands at 31.33%. When measured over the past 30 days, the indicator reaches 14.59%. Barnes & Noble Education Inc (NYSE:BNED)’s beta value is currently sitting at 2.03, while the Average True Range indicator is currently displaying 0.09.
To see how Barnes & Noble Education Inc stock has been performing in comparison to its peers in the industry, here are the numbers: BNED stock’s performance was -13.62% in the latest trading, and -86.41% in the past year.
An evaluation of the daily trading volume of Barnes & Noble Education Inc (NYSE:BNED) indicates that the 3-month average is 1.28 million.
Currently, records show that 52.60 million of the company’s shares remain outstanding. The insiders hold 30.76% of outstanding shares, whereas institutions hold 33.55%. However, since the stock’s price has seen -86.50% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.
