The shares of Barnes & Noble, Inc. (NYSE:BKS) has been pegged with a rating of Buy by Craig Hallum in its latest research note that was published on December 17th, 2018. Craig Hallum wasn’t the only research firm that published a report of Barnes & Noble, Inc., with other equities research analysts also giving their opinion on the stock. Gabelli & Co advised investors in its research note published on September 7th, 2018, to Buy the BKS stock. The stock had earned Neutral rating from Sidoti when it published its report on August 18th, 2016. The stock was given Hold rating by Gabelli & Co in its report released on August 17th, 2016. Gabelli & Co was of a view that BKS is Buy in its latest report on October 12th, 2015 while giving it a price target of $24. Cantor Fitzgerald thinks that BKS is worth Buy rating. This was contained in the firm’s report on October 8th, 2015.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 2 believe it has the potential for further growth, thus rating it as Hold while 0 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $6.50. The price of the stock the last time has raised by 68.61% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 78.94.
The shares of the company added by 1.91% during the trading session on Tuesday, reaching a low of $6.82 while ending the day at $6.93. During the trading session, a total of 5.51 million shares were traded which represents a -135.52% decline from the average session volume which is 2.34M shares. BKS had ended its last session trading at 6.80. Barnes & Noble, Inc. currently has a market cap of $456.62M, while its P/E ratio stands at 2310.00, while its P/E earnings growth sits at 0.13, with a beta of 0.75. Barnes & Noble, Inc. debt-to-equity ratio currently stands at 0.27, while its quick ratio hovers at 0.10. BKS 52-week low price stands at $4.11 while its 52-week high price is $7.81.
The company in its last quarterly report recorded $0.91 earnings per share which is below the $1.10 predicted by most analysts. The Barnes & Noble, Inc. generated $1,231.35 million in revenue during the last quarter, which is slightly lower than the $1,236.31 million predicted by analysts. In the second quarter last year, the firm recorded -$0.38 earnings per share. Compared to the same quarter last year, the firm’s revenue was up by 141.76%. Barnes & Noble, Inc. has the potential to record 0.00 EPS for the current fiscal year, according to equities analysts.
Investment analysts at Pivotal Research Group published a research note on February 8th, 2019 where it informed investors and clients that Kellogg Company (NYSE:K) is now rated as Hold. Their price target on the stock stands at $62. Gabelli & Co also rated K as Upgrade on September 7th, 2018, with its price target of $28 suggesting that K could surge by 5.37% from its current share price. Even though the stock has been trading at $54.77/share, analysts expect it to surge higher by 1.62% to reach $58.82/share. It started the day trading at $55.73 and traded between $54.76 and $55.66 throughout the trading session.
A look at its technical shows that K’s 50-day SMA is 56.89 while its 200-day SMA stands at 61.27. The stock has a high of $74.98 for the year while the low is $51.34. The company’s P/E ratio currently sits at 16.61, while the P/B ratio is 7.51. At the moment, only of Kellogg Company shares were sold short. The company’s average trading volume currently stands at 2.29M shares, which means that the short-interest ratio is just 8.18 days. Over the past seven days, the company moved, with its shift of 1.94%. Looking further, the stock has raised 2.77% over the past 90 days while it lost -8.51% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. Bank of New York Mellon Trust Co sold more K shares, decreasing its portfolio by -0.16% during the last quarter. This move now sees Bank of New York Mellon Trust Co selling -100,000 shares in the last quarter, thus it now holds 64,131,838 shares of K, with a total valuation of $3,370,769,405. KeyBank NA meanwhile sold more K shares in the recently filed quarter, changing its stake to $1,315,071,751 worth of shares. The Vanguard Group Inc followed the path by decreasing its K portfolio by -3.01% in the quarter. This means that The Vanguard Group Inc sold -613,582 shares in the last quarter and now controls 19,753,309 shares of the K stock, with the valuation hitting $1,038,233,921.
Similarly, SSgA Funds Management Inc increased its Kellogg Company shares by +1.08% during the recently filed quarter. After buying 131,386 shares in the last quarter, the firm now controls 12,261,526 shares of Kellogg Company which are valued at $644,465,807. In the same vein, Templeton Global Advisors Ltd increased its Kellogg Company shares by during the most recent reported quarter. The firm bought 3,509,882 shares during the quarter which increased its stakes to 10,289,232 shares and is now valued at $540,802,034. Following these latest developments, around 18.90% of Kellogg Company stocks are owned by institutional investors and hedge funds.