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Added to YB: 2026-06-30

Pitch date: 2026-06-27

BNED [bullish]

Barnes & Noble Education, Inc.

-2.8%

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

$471.2M

Pitch Price

$13.95

Price Target

N/A

Dividend

N/A

EV/EBITDA

2.98

P/E

-49.12

EV/Sales

0.45

Sector

Specialty Retail

Category

value

Show full summary:
BNED: Nobody Was Watching. Now They Are.

BNED (holding update): #1 US college bookstore operator (~30% share), shifting to FCF-focused recurring revenue. Up 50% since Jan. FY27 guide: $85-92M EBITDA (+16%), ~$45M FCF (~10% yield). Net debt/EBITDA <1x, first $0.08 dividend (2.5%). FDC only 36% penetrated, 4x runway. Trades ~5.5x EBITDA vs LOPE/ARMK 11-14x. PSU hurdles $10/15/20.

Read full article (5 min)