Q2 EPS Estimates for BNED Boosted by Northland Securities

Barnes & Noble Education, Inc (NYSE:BNED) – Equities researchers at Northland Securities raised their Q2 2027 earnings per share estimates for Barnes & Noble Education in a report released on Friday, July 10th. Northland Securities analyst O. Rickert now forecasts that the specialty retailer will post earnings per share of $0.84 for the quarter, up from their prior estimate of $0.71. The consensus estimate for Barnes & Noble Education’s current full-year earnings is $0.58 per share. Northland Securities also issued estimates for Barnes & Noble Education’s FY2027 earnings at $0.71 EPS.

Several other analysts have also recently weighed in on the stock. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Barnes & Noble Education in a report on Wednesday, July 8th. Zacks Research raised shares of Barnes & Noble Education to a “hold” rating in a research report on Thursday, June 11th. Wall Street Zen upgraded shares of Barnes & Noble Education from a “hold” rating to a “buy” rating in a research note on Sunday. Finally, Needham & Company LLC raised Barnes & Noble Education from a “hold” rating to a “buy” rating and set a $16.00 target price on the stock in a report on Friday, June 26th. Two research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $17.25.

Barnes & Noble Education Stock Performance

Shares of BNED opened at $12.26 on Wednesday. The stock has a 50-day simple moving average of $10.90 and a 200-day simple moving average of $9.70. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.66 and a current ratio of 1.71. The stock has a market capitalization of $424.65 million, a PE ratio of 26.08 and a beta of 1.29. Barnes & Noble Education has a 1 year low of $5.90 and a 1 year high of $14.75.

Barnes & Noble Education (NYSE:BNED) last released its earnings results on Thursday, July 9th. The specialty retailer reported $0.10 EPS for the quarter, topping the consensus estimate of $0.07 by $0.03. Barnes & Noble Education had a return on equity of 7.92% and a net margin of 0.98%.The firm had revenue of $267.10 million during the quarter, compared to analysts’ expectations of $267.55 million.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of BNED. Kanen Wealth Management LLC lifted its holdings in shares of Barnes & Noble Education by 0.7% during the first quarter. Kanen Wealth Management LLC now owns 3,423,782 shares of the specialty retailer’s stock worth $30,232,000 after purchasing an additional 23,800 shares during the period. Windward Management LP purchased a new position in Barnes & Noble Education during the 4th quarter worth $15,623,000. Vanguard Group Inc. raised its position in Barnes & Noble Education by 7.0% during the 3rd quarter. Vanguard Group Inc. now owns 1,027,599 shares of the specialty retailer’s stock worth $10,225,000 after buying an additional 67,365 shares during the last quarter. Prescott Group Capital Management L.L.C. lifted its stake in shares of Barnes & Noble Education by 186.5% in the 4th quarter. Prescott Group Capital Management L.L.C. now owns 881,799 shares of the specialty retailer’s stock worth $8,104,000 after acquiring an additional 573,992 shares during the period. Finally, JPMorgan Chase & Co. lifted its stake in shares of Barnes & Noble Education by 323.8% in the 2nd quarter. JPMorgan Chase & Co. now owns 516,521 shares of the specialty retailer’s stock worth $6,079,000 after acquiring an additional 394,630 shares during the period. Institutional investors and hedge funds own 38.51% of the company’s stock.

Insider Activity at Barnes & Noble Education

In other news, CFO Jason Snagusky sold 2,237 shares of the stock in a transaction dated Friday, July 10th. The shares were sold at an average price of $11.61, for a total transaction of $25,971.57. Following the completion of the sale, the chief financial officer owned 76,762 shares in the company, valued at approximately $891,206.82. This represents a 2.83% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders have sold 5,513 shares of company stock valued at $65,973 over the last three months. 1.20% of the stock is currently owned by corporate insiders.

Barnes & Noble Education Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, July 30th. Shareholders of record on Thursday, July 16th will be paid a $0.08 dividend. The ex-dividend date is Thursday, July 16th. This represents a $0.32 dividend on an annualized basis and a yield of 2.6%. Barnes & Noble Education’s payout ratio is currently 68.09%.

Barnes & Noble Education Company Profile

Barnes & Noble Education, Inc (NYSE: BNED) is a leading provider of educational products and services to the higher education community. The company operates retail campus bookstores under Barnes & Noble College, offering course materials, general merchandise, and digital content. In addition, Barnes & Noble Education delivers educational technology solutions through its digital learning platform and supplemental courseware.

Originally part of Barnes & Noble, Inc, the company completed its spin-off and initial public offering in February 2015 to focus exclusively on college retail and digital learning.