Alert: Major Price Advance (7/2/24)-Barnes & Noble Education Inc (NYSE: BNED).

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Barnes & Noble Education Inc (NYSE: BNED) stock closed at $6.81 on 7/2/24 after a major increase of 11.3%. Trading volume in this advance was normal. The stock has declined -6.3% during the last week and has been extremely weak relative to the market over the last nine months.

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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). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Barnes & Noble Education has a poor Power Rating of 24 and a very low Appreciation Score of 10, and the Lowest Value Trend Rating results.

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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