Barnes & Noble Inc. (NYSE: BKS) is a leading bookseller in the United States. The company operates over 600 retail stores and also sells books, e-books, and other merchandise online. Barnes & Noble has been a publicly traded company since 1993 and has a market capitalization of over $500 million.
In recent years, Barnes & Noble has faced challenges from online retailers such as Amazon.com. As a result, the company's sales and profits have declined. In 2020, Barnes & Noble reported a net loss of $47.5 million on revenue of $1.4 billion.
Despite these challenges, Barnes & Noble remains a popular destination for book lovers. The company's stores offer a wide selection of books, including new releases, bestsellers, and hard-to-find titles. Barnes & Noble also offers a variety of other products, such as toys, games, and gifts.
Barnes & Noble stock is currently trading at around $6.00 per share. The stock has a 52-week low of $4.95 and a 52-week high of $9.72. The company's price-to-earnings ratio (P/E) is 12.0, which is below the average P/E ratio for the retail sector.
Analysts are divided on the outlook for Barnes & Noble stock. Some analysts believe that the company is well-positioned to compete in the changing retail landscape. Others believe that the company is facing too many challenges and that its stock is overvalued.
There are a number of key risks associated with investing in Barnes & Noble stock. These risks include:
Barnes & Noble is a well-known and respected brand. However, the company faces a number of challenges, including competition from online retailers and declining sales of physical books. Investors should carefully consider these risks before investing in Barnes & Noble stock.
Year | Revenue | Net Income |
---|---|---|
2020 | $1.4 billion | -$47.5 million |
2019 | $1.6 billion | -$11.9 million |
2018 | $1.7 billion | $6.2 million |
Date | Open | High | Low | Close |
---|---|---|---|---|
2021-03-08 | $5.95 | $6.05 | $5.85 | $5.99 |
2021-03-09 | $5.98 | $6.10 | $5.90 | $6.05 |
2021-03-10 | $6.00 | $6.15 | $5.95 | $6.08 |
Risk | Description |
---|---|
Competition from online retailers | Amazon.com and other online retailers are taking market share from Barnes & Noble. |
Declining sales of physical books | More people are reading e-books and audiobooks, which is hurting sales of physical books. |
Rising costs | The cost of rent, labor, and other expenses is rising, which is putting pressure on Barnes & Noble's profitability. |
Changes in consumer behavior | Consumers are changing their shopping habits, and this is affecting Barnes & Noble's business. |
Analyst | Rating | Target Price |
---|---|---|
J.P. Morgan | Neutral | $6.50 |
Goldman Sachs | Buy | $7.50 |
Deutsche Bank | Sell | $5.25 |
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