Barnes & Noble Education Inc (NYSE: BNED) stock closed at $9.79 on 9/20/24 after a major decline of -13.4%. Moreover, exceptionally high trading volume at 470% of normal accompanied the decline. Relative to the market the stock has been extremely weak over the last nine months and has declined -12.4% during the last week.
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 C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Barnes & Noble Education has a very high Appreciation Score of 99 but a very low Power Rating of 1, resulting in the Neutral Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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