Barnes & Noble Education (NYSE:BNED) Target Raised by Needham & Company LLC to $12.00

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Barnes & Noble Education stock has undergone multiple analysts rating changes in the recent past.  Barnes & Noble Education stock Target Raised by Needham & Company LLC on 10/27/2021. In a note to investors, the firm issued a new target price of $12.00. The analysts previously had $11.00 target price. Needham & Company LLC’s price target would indicate a potential upside of 14.18% from the stock’s previous close.

Shares of Barnes & Noble Education traded down -$0.24 on Tuesday, reaching $10.27. 92829 shares of the stock traded hands, compared to its average volume of 421849. On Tuesday, Shares of Barnes & Noble Education closed at $10.27. The firm’s 50 day moving average is $9.93 and its 200 day moving average is $8.30.Barnes & Noble Education  has a 12 month low of $2.10 and a 12 month high of $12.01. While on yearly highs and lows, Barnes & Noble Education today has traded high as $10.53 and has touched $9.93 on the downward trend.

Barnes & Noble Education Earnings and What to expect: 

Barnes & Noble Education last announced its quarterly earnings results on September 1st, 2021. The specialty retailer reported ($0.86) earnings per share for the quarter, missing the consensus estimate of ($0.28) by $0.58. The business had revenue of $240.79 million for the quarter. Barnes & Noble Education has generated $0.00 earnings per share over the last year (($2.53) diluted earnings per share). Barnes & Noble Education has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Tuesday, December 14th, 2021 based off prior year’s report dates.

The P/E ratio of Barnes & Noble Education is -4.15, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Barnes & Noble Education is -4.15, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Barnes & Noble Education has a P/B Ratio of 1.79. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Barnes & Noble Education (NYSE:BNED) Moving Average Technical Analysis

5 day Moving Average is $$10.27 And 5 day price change is -$0.48 (-4.59%)  with average volume for 5 day average is 272,611. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $10.67 and 20 day price change is -$0.32 (-3.11%) and average 20 day moving volume is 398,738. 50 day moving average is $9.93  and 50 day price change is $2.87 ( 40.42%)  and with average volume for 50 days is : 427,029. 200 day moving average is $8.30  and 200 day price change is $4.53 (83.27%)  and with average volume for 200 days is : 577,790.

Other owners latest trading in Barnes & Noble Education :

  • On 10/22/2021 shares held by Strs Ohio were 18,900 which equates to market value of $0.19M and appx 0.00% owners of Barnes & Noble Education
  • On 10/21/2021 shares held by Everence Capital Management Inc. were 10,510 which equates to market value of $0.11M and appx 0.00% owners of Barnes & Noble Education
  • On 10/14/2021 shares held by Private Advisor Group LLC were 373,388 which equates to market value of $3.73M and appx 0.00% owners of Barnes & Noble Education
  • In total Institutional ownership equates to Institutional Ownership Percentage: 56.23% for Barnes & Noble Education

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