Barnes & Noble Education (NYSE:BNED) Receives New Coverage from Analysts at StockNews.com

Research analysts at StockNews.com began coverage on shares of Barnes & Noble Education (NYSE:BNEDGet Free Report) in a research note issued to investors on Saturday. The brokerage set a “hold” rating on the specialty retailer’s stock.

Separately, Needham & Company LLC restated a “hold” rating on shares of Barnes & Noble Education in a research note on Wednesday, April 17th.

Read Our Latest Analysis on Barnes & Noble Education

Barnes & Noble Education Stock Performance

Shares of NYSE BNED opened at $0.29 on Friday. Barnes & Noble Education has a 12 month low of $0.18 and a 12 month high of $2.26. The company has a market cap of $15.46 million, a P/E ratio of -0.19 and a beta of 2.01. The business’s 50 day moving average is $0.52 and its two-hundred day moving average is $0.91. The company has a quick ratio of 0.50, a current ratio of 0.90 and a debt-to-equity ratio of 0.31.

Barnes & Noble Education (NYSE:BNEDGet Free Report) last announced its quarterly earnings data on Tuesday, March 12th. The specialty retailer reported ($0.02) EPS for the quarter. Barnes & Noble Education had a negative net margin of 5.22% and a negative return on equity of 51.52%. The company had revenue of $456.67 million for the quarter.

Institutional Investors Weigh In On Barnes & Noble Education

An institutional investor recently raised its position in Barnes & Noble Education stock. PEAK6 Investments LLC lifted its holdings in Barnes & Noble Education, Inc. (NYSE:BNEDFree Report) by 258.6% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 46,506 shares of the specialty retailer’s stock after buying an additional 33,539 shares during the quarter. PEAK6 Investments LLC owned about 0.09% of Barnes & Noble Education worth $51,000 at the end of the most recent quarter. Institutional investors and hedge funds own 38.51% of the company’s stock.

Barnes & Noble Education Company Profile

(Get Free Report)

Barnes & Noble Education, Inc operates bookstores for college and university campuses, and K-12 institutions in the United States. It operates through Retail and Wholesale segments. The company sells and rents new and used print textbooks, digital textbooks, and publisher hosted digital courseware through physical and virtual bookstores, as well as directly to students through Textbooks.com.

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