Alert: Major Price Advance (6/24/24)-Barnes & Noble Education Inc (NYSE: BNED).

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On 6/24/24, Barnes & Noble Education Inc (NYSE: BNED) stock enjoyed a major increase of 15.2%, closing at $7.27. Moreover, this advance was accompanied by above average trading volume at 125% of normal. Relative to the market the stock has been extremely weak over the last nine months and has declined -22.0% during the last week.

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Current PriceTarget Research Rating

BNED’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to continue to be Value Creation neutral.

Barnes & Noble Education has a current Value Trend Rating of F (Lowest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Barnes & Noble Education has a poor Power Rating of 24 and a very low Appreciation Score of 10, resulting in the Lowest Value Trend Rating.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.

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