Barnes & Noble Education Inc (NYSE: BNED) stock closed at $12.63 on 11/8/24 after a major increase of 29.4%. Moreover, this advance was accompanied by exceptionally high trading volume at 407% of normal. The stock has risen 35.8% during the last week but has been extremely weak relative to the market over the last nine months.
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 98 but a very low Power Rating of 1, leading to the Neutral Value Trend Rating.
Rating Review
In light of this very positive 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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