Barnes & Noble (BKS) Receiving Somewhat Favorable Press Coverage, Study Finds

News coverage about Barnes & Noble (NYSE:BKS) has trended somewhat positive this week, according to Accern Sentiment. Accern ranks the sentiment of news coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Barnes & Noble earned a coverage optimism score of 0.21 on Accern’s scale. Accern also gave media headlines about the specialty retailer an impact score of 45.6648676257948 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

These are some of the media headlines that may have effected Accern Sentiment’s analysis:

Barnes & Noble (NYSE:BKS) traded down $0.10 during trading on Friday, hitting $6.80. The company had a trading volume of 1,210,399 shares, compared to its average volume of 1,827,741. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.11 and a quick ratio of 0.18. Barnes & Noble has a fifty-two week low of $6.25 and a fifty-two week high of $12.35. The company has a market capitalization of $502.23, a PE ratio of 32.38, a price-to-earnings-growth ratio of 1.35 and a beta of 2.56.

Barnes & Noble (NYSE:BKS) last released its quarterly earnings results on Thursday, November 30th. The specialty retailer reported ($0.41) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.26) by ($0.15). Barnes & Noble had a net margin of 0.42% and a return on equity of 2.86%. The business had revenue of $791.12 million during the quarter, compared to the consensus estimate of $812.20 million. During the same period in the prior year, the firm earned ($0.29) earnings per share. The business’s quarterly revenue was down 7.9% compared to the same quarter last year. equities analysts predict that Barnes & Noble will post 0.51 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 26th. Investors of record on Friday, January 5th will be issued a $0.15 dividend. The ex-dividend date is Thursday, January 4th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 8.82%. Barnes & Noble’s dividend payout ratio is 285.73%.

A number of research analysts recently issued reports on BKS shares. Zacks Investment Research raised Barnes & Noble from a “sell” rating to a “hold” rating in a report on Wednesday, November 8th. Craig Hallum cut Barnes & Noble from a “buy” rating to a “hold” rating in a report on Friday, December 1st.

In other news, Chairman Leonard Riggio acquired 1,000,000 shares of the company’s stock in a transaction on Friday, December 1st. The stock was purchased at an average cost of $6.80 per share, with a total value of $6,800,000.00. Following the acquisition, the chairman now owns 8,594,491 shares of the company’s stock, valued at approximately $58,442,538.80. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, VP Frederic Argir sold 21,148 shares of the business’s stock in a transaction dated Friday, December 1st. The stock was sold at an average price of $6.90, for a total value of $145,921.20. Following the sale, the vice president now directly owns 70,213 shares of the company’s stock, valued at $484,469.70. The disclosure for this sale can be found here. Insiders own 19.00% of the company’s stock.

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Barnes & Noble Company Profile

Barnes & Noble, Inc is a bookseller. The Company is a content and commerce company, which provides access to trade books and other content across its multi-channel distribution platform. It operates in two segments: Barnes & Noble Retail (B&N Retail) and NOOK. The Company is engaged in the sale of trade books (generally hardcover and paperback consumer titles), mass market paperbacks (such as mystery, romance, science fiction and other fiction), children’s books, eBooks and other digital content, textbooks and course-related materials, NOOK and related accessories, bargain books, magazines, gifts, cafe products and services, educational toys and games, music and movies direct to customers through its bookstores or on www.barnesandnoble.com.

Insider Buying and Selling by Quarter for Barnes & Noble (NYSE:BKS)

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