Barnes & Noble (NYSE:BKS) shares traded during most recent session to reach at the closing price of $7.2. The stock exchanged hands on average of 1.45 Million shares, yielding a market cap of $503.06 Million. Wall Street analysts covering the stock are projecting that the stock will reach $7.25 within the next 52-weeks. The mean target projections are based on 2 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Barnes & Noble (NYSE:BKS) high price target of $7.5 and with a conservative view have low price target of $7.
Craig-Hallum “Downgrades” Barnes & Noble (NYSE:BKS) in a research note issued to investors on 12/01/17 to Hold with price target of $.
Additionally on 8/18/16 Sidoti & Co. “Initiates Coverage on” Barnes & Noble (NYSE:BKS) to Neutral setting price target at $ and on 8/17/16 Gabelli & Co. “Downgrades” the stock to Hold at $. Furthermore on 10/12/15 Gabelli & Co. “Initiates Coverage on” the stock to Buy at $.
On the other hand the company has Relative Strength Index (RSI 14) of 73.71 along with Average True Range (ATR 14) of 0.43, Consequently Barnes & Noble (NYSE:BKS)’s weekly and monthly volatility is 6.65%, 5.96% respectively. The company’s beta value is at 1.59.
In terms of Buy, Sell or Hold recommendations, Barnes & Noble (NYSE:BKS) has analysts’ mean recommendation of 2.7. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Barnes & Noble (NYSE:BKS)’s minimum EPS for the current quarter is at $-0.42 and can go high up to $-0.4. The consensus mean EPS for the current quarter is at $-0.41 derived from a total of 2 estimates from the analysts who have weighed in on projected earnings. However the company reported $-0.41 earnings per share for the same quarter during last year.
Previously Barnes & Noble (NYSE:BKS) reported $-0.23 earnings per share (EPS) for the quarter, missing the consensus estimate of $-0.09 by $-0.14. The company posted an earnings surprise of -155.6%.
Barnes & Noble (NYSE:BKS)’s revenue estimates for the current quarter are $772.03 Million according to 2 number of analysts, for the current quarter the company has high revenue estimates of $772.9 Million in contradiction of low revenue estimates of $771.16 Million. For the current year the company’s revenue estimates are $3.55 Billion compared to low analyst estimates of $3.51 Billion and high estimates of $3.6 Billion according to 3 number of analysts.
Currently Barnes & Noble (NYSE:BKS)’s shares owned by insiders are 1.2%, whereas shares owned by institutional owners are 70.3%. However the six-month change in the insider ownership was recorded 0%, as well as three-month change in the institutional ownership was recorded 11.43%.
Barnes & Noble (NYSE:BKS)’s trailing twelve month revenues are $3.6 Billion, whereas its price to sales ratio for the same period is 0.14. Its book value per share for the most recent quarter is $6.24 while its price to book ratio for the same period is 1.15, as for as the company’s cash per share for the most recent quarter is $0.17, however its price to cash per share ratio for the same period is 43.37. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 0.