What is Northland Securities' Forecast for BNED Q2 Earnings?

Key Points

• Northland Securities lowered its BNED Q2 2027 earnings forecast to $0.67 per share from $0.84, while estimating $0.72 for Q3 and $0.79 for full-year 2027.
• BNED recently reported a quarterly loss of $0.37 per share, outperforming the expected $0.48 loss, but revenue of $290.6 million fell short of the $306.66 million consensus estimate.
• The stock traded down 11.8% to $10.80, and analysts maintain a consensus “Hold” rating with an average price target of $17.25.

Barnes & Noble Education, Inc (NYSE:BNED - Free Report) - Investment analysts at Northland Securities cut their Q2 2027 earnings estimates for shares of Barnes & Noble Education in a research report issued on Wednesday, September 9th. Northland Securities analyst O. Rickert now anticipates that the specialty retailer will post earnings of $0.67 per share for the quarter, down from their prior forecast of $0.84. The consensus estimate for Barnes & Noble Education's current full-year earnings is $0.71 per share. Northland Securities also issued estimates for Barnes & Noble Education's Q3 2027 earnings at $0.72 EPS and FY2027 earnings at $0.79 EPS.

Other equities research analysts have also issued research reports about the company. Wall Street Zen lowered Barnes & Noble Education from a "buy" rating to a "hold" rating in a research note on Saturday, August 8th. Zacks Research upgraded Barnes & Noble Education to a "hold" rating in a research note on Thursday, June 11th. Needham & Company LLC reissued a "buy" rating and set a $16.00 price target on shares of Barnes & Noble Education in a research report on Wednesday. Finally, Weiss Ratings upgraded shares of Barnes & Noble Education from a "sell (e+)" rating to a "sell (d+)" rating in a research note on Tuesday, July 21st. Two equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $17.25.

Barnes & Noble Education Trading Down 11.8%

NYSE:BNED opened at $10.80 on Thursday. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.66 and a current ratio of 1.71. Barnes & Noble Education has a one year low of $5.90 and a one year high of $14.75. The business's 50-day simple moving average is $12.26 and its 200 day simple moving average is $10.74. The stock has a market cap of $374.61 million, a price-to-earnings ratio of 16.88 and a beta of 1.27.

Barnes & Noble Education (NYSE:BNED - Get Free Report) last posted its quarterly earnings data on Tuesday, September 8th. The specialty retailer reported ($0.37) earnings per share for the quarter, beating analysts' consensus estimates of ($0.48) by $0.11. The company had revenue of $290.60 million during the quarter, compared to analysts' expectations of $306.66 million. Barnes & Noble Education had a net margin of 1.29% and a return on equity of 8.69%.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the company. Kanen Wealth Management LLC increased its holdings in shares of Barnes & Noble Education by 30.6% in the 1st quarter. Kanen Wealth Management LLC now owns 3,090,043 shares of the specialty retailer's stock valued at $32,445,000 after acquiring an additional 724,683 shares during the last quarter. Bank of America Corp DE lifted its stake in Barnes & Noble Education by 119.6% during the first quarter. Bank of America Corp DE now owns 355,943 shares of the specialty retailer's stock worth $3,143,000 after purchasing an additional 193,876 shares during the last quarter. Prescott Group Capital Management L.L.C. boosted its holdings in Barnes & Noble Education by 186.5% in the fourth quarter. Prescott Group Capital Management L.L.C. now owns 881,799 shares of the specialty retailer's stock worth $8,104,000 after purchasing an additional 573,992 shares during the period. California State Teachers Retirement System boosted its holdings in Barnes & Noble Education by 225.6% in the second quarter. California State Teachers Retirement System now owns 2,839 shares of the specialty retailer's stock worth $36,000 after purchasing an additional 1,967 shares during the period. Finally, Bank of New York Mellon Corp bought a new stake in Barnes & Noble Education during the second quarter valued at $510,000. Institutional investors and hedge funds own 38.51% of the company's stock.

Insiders Place Their Bets

In other Barnes & Noble Education news, CFO Jason Snagusky sold 5,000 shares of the company's stock in a transaction that occurred on Friday, July 17th. The stock was sold at an average price of $12.64, for a total transaction of $63,200.00. Following the sale, the chief financial officer owned 71,762 shares in the company, valued at $907,071.68. This represents a 6.51% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Insiders sold 10,513 shares of company stock valued at $129,173 over the last three months. 1.70% of the stock is owned by insiders.

Barnes & Noble Education Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, July 30th. Investors of record on Thursday, July 16th were paid a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date was Thursday, July 16th. Barnes & Noble Education's dividend payout ratio (DPR) is 68.09%.

Barnes & Noble Education Company Profile

Barnes & Noble Education, Inc NYSE: BNED is a leading provider of educational products and services to the higher education community. The company operates retail campus bookstores under Barnes & Noble College, offering course materials, general merchandise, and digital content. In addition, Barnes & Noble Education delivers educational technology solutions through its digital learning platform and supplemental courseware.

Originally part of Barnes & Noble, Inc, the company completed its spin-off and initial public offering in February 2015 to focus exclusively on college retail and digital learning.

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