Separately, Zacks Investment Research cut shares of Barnes & Noble from a "hold" rating to a "sell" rating in a research report on Thursday, September 14th. About 2.63M shares traded or 147.26% up from the average. The target implies a 3.14% spike from where the shares are now trading.
Taking a broader look brokerage firms' analysts on the street with an expectant view have Barnes & Noble (NYSE:BKS) high price target of $15 and with a conservative view have low price target of $8.
Barnes & Noble, Inc. operates as a content and commerce firm in the United States.
Additionally on 8/17/16 Gabelli & Co. JPMorgan Chase & Co. grew its holdings in Barnes & Noble by 505.5% during the second quarter. On Friday, May 26 the stock rating was upgraded by ValuEngine to "Buy". Furthermore on 10/07/15 Cantor Fitzgerald "Initiates Coverage on" the stock to Buy at $19.
For the Current Quarter, the growth estimate for Barnes & Noble, Inc.is 10.3%, while for the Next Quarter the stock growth estimate is 9.4%.
The company's consensus rating on Reuter's scale improved from 2.71 to 2.95 during a month. (NASDAQ:BKS), 0 rate it "Buy", 1 "Outperform", 2 "Underperform", 0 "Sell", while 0 "Hold".
According to analysts Barnes & Noble (NYSE:BKS)'s minimum EPS for the current quarter is at $-0.28 and can go high up to $-0.23.
The specialty retailer reported ($0.41) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.26) by ($0.15). The company posted an earnings surprise of -25%. Vanguard Group Inc. raised its position in shares of Barnes & Noble by 6.9% during the 1st quarter. The company had revenue of $853.00 million for the quarter, compared to analysts' expectations of $871.75 million.
BKS stock also didn't get any help today from its revenue of $791.12 million for its fiscal second quarter of 2018. ((NASDAQ:KIRK)) are 6.55%; 11.2% for the month; 12.84% for the last quarter; 44.88% for the past six-months; and -11.44% for the last 12 months.
Barnes & Noble (NYSE:BKS) 52-week high price stands at $13.20 and low price stands at $6.25, its price distance from 52-week high is -47.73% while its distance from 52-week low price is 10.4%.
This stock (BKS) is ahead of its 52-week low with 20.8%.
Barnes & Noble (NYSE:BKS)'s trailing twelve month revenues are $3.83 Billion, whereas its price to sales ratio for the same period is 0.13. These analysts have also projected a Low Estimate of $0.99/share and a High Estimate of $1.14/share. Prudential Financial Inc. now owns 94,704 shares of the specialty retailer's stock valued at $876,000 after acquiring an additional 1,260 shares during the period.