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Main » Barnes & Noble posts third-quarter loss and 2018 outlook disappoints

Barnes & Noble posts third-quarter loss and 2018 outlook disappoints

02 March 2018

It has underperformed by 18.29% the S&P500. The company has market cap of $14.39 billion. It has a 21.22 P/E ratio. As of December 31, 2016, it had 2,530 natural gas compressors in its rental fleet totaling 362,408 horsepower. (NYSE:NGS) to report earnings on March, 8 before the open.

The NYSE-listed group reported a quarterly loss of US$63.5mln or 87 United States cents a share, an nearly complete reversal from a net income of US$70.3mln or 96 United States cents a share in the same period past year. NGS's profit will be $905,883 for 90.18 P/E if the $0.07 EPS becomes a reality.

In terms of earnings per share, 2 analysts have a -0.62 EPS mean target for the quarter ending Jul-18, for the quarter ending Oct-18, 2 analysts have a 1.04 EPS mean target and for the quarter ending Oct-18 there are 1 estimate of 0.40 EPS.

Now insiders hold 7,179,515 shares in the business which makes up 15.30% of shares.

Quinn Opportunity Partners Llc, which manages about $635.47M US Long portfolio, decreased its stake in Vwr Corp by 91,439 shares to 10,000 shares, valued at $331,000 in 2017Q3, according to the filing. The stock has a market capitalization of $320.54 Million however its outstanding shares are 71.23 Million. The New York-based Encompass Capital Advisors Llc has invested 0.2% in the stock. Menta Capital Llc, a California-based fund reported 215,006 shares.

Since February 14, 2018, it had 1 buying transaction, and 0 sales for $17.34 million activity. 392,819 shares of the company's stock were exchanged, compared to its average volume of 354,993. About 95,383 shares traded. (NGS) has risen 21.42% since March 1, 2017 and is uptrending. It has outperformed by 69.93% the S&P500.

Investors sentiment decreased to 1.06 in 2017 Q3. A stock with a beta between 0.0 and 1.0 has smaller ups and downs.

Assessing Barnes & Noble Inc's (NYSE:BKS) past track record of performance is a useful exercise for investors. 31 funds opened positions while 53 raised stakes.

Analysts are expecting average earnings estimates of $0.97 for the current quarter based on the opinion of 3 analysts, relating to high earnings per share estimates of $1.05 and low estimates of $0.89, however Barnes & Noble (NYSE:BKS) reported $0.96 earnings per share for the same quarter a year ago. (NYSE:BKS) for 2,601 shares. 12,349 are owned by Piedmont Invest Ltd Limited Liability Company. Nordea Inv Management accumulated 401,835 shares. (NYSE:BKS). Peak6 Invests LP holds 0% or 10,219 shares in its portfolio. Strs Ohio invested in 0% or 98,900 shares. Thompson Siegel And Walmsley Llc has 2.00M shares for 0.18% of their portfolio. Markston Intl Limited Liability Co holds 0% or 150 shares in its portfolio. 100,000 shares traded per day would be a minimum for most traders and some require 1,000,000. The stock of Barnes & Noble, Inc. The Connecticut-based Quantitative Systematic Strategies Ltd Liability has invested 0.05% in Barnes & Noble, Inc.

First Trust Bank Ltd. holds 8.27% of its portfolio in Cloud Peak Energy Inc. for 635,100 shares. The company has market cap of $311.62 million. Barnes & Noble, Inc. operates as a retailer of books, content, digital media, and educational products. It has a 19.68 P/E ratio. It sells trade books, including hardcover and paperback titles; mass market paperbacks, such as mystery, romance, science fiction, and other fiction; and childrenÂ's books, eBooks and other digital content, NOOK and related accessories, bargain books, magazines, gifts, café services and products, educational toys and games, and music and movies. Wall Street analysts covering the stock are projecting that the stock will reach $6 within the next 52-weeks. The consensus recommendation is the average rating on a stock by the analyst community. Therefore 50% are positive. $12's average target is 52.87% above currents $7.85 stock price. Currently, the stock has a 3 months average volume of 1.54 million. (BKS) stock price escalated 1.12% to finalize at $4.50 throughout previous buying and selling session. On Friday, May 26 the stock rating was upgraded by ValuEngine to "Buy". As per Monday, July 27, the company rating was initiated by Craig Hallum. (NYSE:BKS) during the 4th quarter, according to its most recent filing with the SEC. The firm earned "Hold" rating on Friday, September 4 by Stifel Nicolaus. BidaskClub cut shares of Barnes & Noble Education from a "sell" rating to a "strong sell" rating in a research report on Thursday, November 2nd.

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