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Added to YB: 2024-01-23

Pitch date: 2024-01-22

BNED [bullish]

Barnes & Noble Education, Inc.

-90.57%

current return

Author Info

No bio for this author

Company Info

Barnes & Noble Education, Inc. operates bookstores for college and university campuses, and K-12 institutions primarily in the United States.

Market Cap

$251.0M

Pitch Price

$96.00

Price Target

2.00 (-78%)

Dividend

N/A

EV/EBITDA

2.31

P/E

-1.93

EV/Sales

0.39

Sector

Specialty Retail

Category

special_situation

Show full summary:
Barnes & Noble Education: After The DOE Scare, Why I've Tripled Down

$BNED sell-off overdone on DOE proposal fears; FDC & Fanatics deal support growth. Undervalued opp as it refinances $230M debt, cuts costs $30-35M; risks: refi by '24, FDC adoption. Strong FDC metrics, Fanatics deal & strategic review suggest compelling risk/reward.

Read full article (16 min)