| Nov 25 | Feb 26 | May 26 | Aug 26 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Buy | — | — | — | — | — | — | — | — | — | — | — | — |
| Sell | — | — | — | — | — | 2 | — | — | — | 6 | — | — |
| total | individual payouts | |
|---|---|---|
| 2026 | 0.08 |
—
|
| 2023 | ‡‡‡ |
|
| 2022 | ‡‡‡ |
|
| 2021 | ‡‡‡ |
|
| 2020 | ‡‡‡ |
|
| 2018 | ‡‡‡ |
|
| 2024 | 2025 | 2026 | Q'26 | |
|---|---|---|---|---|
| Cash | 10.46 | 9.06 | 8.42 | 7.81 |
| Receivables | 98.84 | 98.08 | 116.53 | 176.69 |
| Inventory | 344.04 | 299.56 | 298.35 | 366.30 |
| Other | 28.32 | 26.44 | 27.04 | 5.84 |
| 520.81 | 465.39 | 484.46 | 593.87 |
| 2024 | 2025 | 2026 | Q'26 | |
|---|---|---|---|---|
| Payables | 299.16 | 148.85 | 135.56 | 211.00 |
| ST’ Debt | — | — | — | — |
| Other | — | — | — | — |
| 474.74 | 279.23 | 283.60 | 357.10 |
| 10y | 5y | 3y | |
| Sales | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Cash Flow | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Earnings | ‡‡‡‡‡ | ‡‡‡ | ‡‡‡ |
| Book Value | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Jul | Oct | Jan | Apr | Year | |
|---|---|---|---|---|---|
| ’26 | 290.60 | — | — | — |
—
|
| ’26 | 288.16 | 644.41 | 515.09 | 267.10 |
1,714.77
|
| ’25 | 263.43 | 602.12 | 462.83 | 281.79 |
1,610.17
|
| ’24 | 264.16 | 610.38 | 456.67 | 235.92 |
1,567.14
|
| ’23 | 254.67 | 608.63 | 438.05 | 241.85 |
1,543.21
|
| ’22 | 240.79 | 626.98 | 402.80 | 225.17 |
1,495.73
|
| ’21 | 204.01 | 595.49 | 411.61 | 195.40 |
1,406.52
|
| Jul | Oct | Jan | Apr | Year | |
|---|---|---|---|---|---|
| ’26 | (52.87) | — | — | — |
—
|
| ’26 | (67.60) | 66.24 | (29.39) | 80.81 |
50.06
|
| ’25 | (143.50) | 47.41 | (41.94) | 52.62 |
(85.41)
|
| ’24 | (123.12) | 72.03 | (35.77) | 81.75 |
(5.12)
|
| ’23 | (29.00) | 38.37 | (31.97) | 114.27 |
91.67
|
| ’22 | (17.30) | 41.58 | (16.37) | (6.74) |
1.16
|
| ’21 | (53.15) | 144.54 | (50.21) | (8.28) |
32.90
|
| Jul | Oct | Jan | Apr | Year | |
|---|---|---|---|---|---|
| ’26 | (56.40) | — | — | — |
—
|
| ’26 | (71.34) | 61.92 | (33.12) | 76.39 |
33.86
|
| ’25 | (147.46) | 44.35 | (44.72) | 49.52 |
(98.31)
|
| ’24 | (127.34) | 68.05 | (39.03) | 79.14 |
(19.19)
|
| ’23 | (36.53) | 29.08 | (36.84) | 110.88 |
66.58
|
| ’22 | (28.67) | 31.69 | (28.50) | (6.95) |
(32.45)
|
| ’21 | (60.20) | 135.39 | (59.93) | (9.93) |
5.33
|
| Jul | Oct | Jan | Apr | Year | |
|---|---|---|---|---|---|
| ’26 | (0.37) | — | — | — |
—
|
| ’26 | (0.54) | 0.72 | 0.19 | 0.10 |
0.49
|
| ’25 | (7.36) | 1.87 | 0.23 | (0.69) |
(2.50)
|
| ’24 | (96.00) | 46.00 | (18.00) | (10.24) |
(23.75)
|
| ’23 | (101.00) | 42.00 | (48.00) | (88.00) |
(194.00)
|
| ’22 | (86.00) | 41.00 | (71.00) | (21.00) |
(133.00)
|
| ’21 | (96.00) | 15.00 | (96.00) | (86.00) |
(265.00)
|
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 138.00 | 75.00 | 6.05 | 5.90 | 7.26 | — | — | — |
Low Price
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 745.00 | 252.00 | 226.00 | 12.21 | 14.75 | — | — | — |
High Price
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 4,600 | 4,620 | 3,750 | 3,559 | 3,613 | — | — | — |
Employees
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.33 | 0.33 | 0.42 | 0.45 | 0.47 | — | — | — |
Revenue/Emp
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1,495.73 | 1,543.21 | 1,567.14 | 1,610.17 | 1,714.77 | ‡‡‡‡‡ | — | — |
Revenue
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 22.92% | 22.64% | 22.01% | 20.98% | 21.35% | — | — | — |
Gross Margin
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (70.71) | (89.13) | (74.16) | (61.57) | 20.67 | — | — | — |
EBT
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (4.73%) | (5.78%) | (4.73%) | (3.82%) | 1.21% | ‡‡‡ | — | — |
EBT Margin
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (68.86) | (101.86) | (75.75) | (65.82) | 16.87 | ‡‡‡‡‡ | — | — |
Net Income
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 43.98 | 45.32 | 53.71 | 43.10 | 36.42 | — | — | — |
Depreciation
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 2,887.52 | 584.99 | 588.64 | 61.23 | 49.95 | ‡‡‡‡‡ | — | — |
Revenue/Sh
|
| ‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (133.00) | (194.00) | (23.75) | (2.50) | 0.49 | ‡‡‡‡‡ | — | — |
Earnings/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 2.24 | 34.75 | (1.92) | (3.25) | 1.46 | — | — | — |
Cash Flow/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (64.88) | (9.51) | (5.28) | (0.49) | (0.47) | ‡‡‡ | — | — |
Capex/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (62.64) | 25.24 | (7.21) | (3.74) | 0.99 | — | — | — |
Free CF/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 440.88 | 49.56 | 30.20 | 10.35 | 8.58 | — | — | — |
Book Value/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.52 | 2.64 | 2.66 | 26.30 | 34.33 | ‡‡‡‡‡ | — | — |
Shares
|
| ‡‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡ | 0.00 | 0.00 | 0.00 | 0.00 | 20.54 | — | — | — |
PE Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.11 | 0.26 | 0.03 | 0.17 | 0.20 | ‡‡‡ | — | — |
PS Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.70 | 3.05 | 0.67 | 1.02 | 1.15 | ‡‡‡ | — | — |
PB Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.25 | 0.43 | 0.30 | 0.37 | 0.36 | ‡‡‡‡ | — | — |
EV/Sales
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (11.59) | 10.01 | (24.18) | (6.05) | 18.46 | — | — | — |
EV/FCF
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1.16 | 91.67 | (5.12) | (85.41) | 50.06 | ‡‡‡ | — | — |
Op' Cash Flow
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (33.61) | (25.09) | (14.07) | (12.89) | (16.20) | — | — | — |
Capex
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (32.45) | 66.58 | (19.19) | (98.31) | 33.86 | — | — | — |
FCF
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 116.30 | 74.92 | 46.07 | 186.16 | 200.86 | — | — | — |
Working Cap'
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 225.70 | 282.15 | 196.34 | 103.10 | 71.00 | — | — | — |
Total Debt
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 216.91 | 267.93 | 185.88 | 94.04 | 62.58 | — | — | — |
Net Debt
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 228.37 | 130.75 | 80.40 | 272.19 | 294.44 | — | — | — |
Sh' Equity
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (6.55%) | (9.93%) | (8.01%) | (7.74%) | 2.21% | — | — | — |
ROA
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (8.51%) | (10.42%) | (7.93%) | 2.72% | 6.40% | — | — | — |
ROIC
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (26.41%) | (56.73%) | (71.75%) | (37.34%) | 5.96% | — | — | — |
ROE
|
Barnes & Noble Education (BNED) emerges from its 2024 Chapter 11 restructuring as a leaner powerhouse in campus retail and digital education, slashing debt by nearly 50% to $103 million while boosting efficiency through 32% headcount cuts that lifted revenue per employee 24% to $418k. Despite past revenue volatility from $1.41 billion pandemic lows to stabilizing $1.57 billion in 2024, and chronic unprofitability with eroding margins, green shoots abound: positive free cash flow flashes, rebounding working capital, and ROIC flipping positive at 2.7% in 2025 projections signal a pivotal turnaround.
Massive share dilution in 2025 funded this deleveraging but cratered per-share metrics—yet a key insider scooped 202,000 shares for $1.73 million post-restructuring, the only buy amid zero sells, underscoring bold confidence. Trading near historic lows at depressed 0.17x projected PS multiples (below historical averages), BNED tantalizes with unanimous analyst targets implying 870-970% upside, pricing in 20-30% annual returns if modest 3% revenue growth and cost discipline hold.
This high-conviction setup blends restructuring tailwinds with digital pivots like VitalSource, positioning BNED for 55% odds of doubling enterprise value in 12 months—watch Q1 2026 earnings for ROIC momentum amid enrollment risks and competition.
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