Barnes & Noble Education, Inc. (BNED) Forms $8.43 Double Bottom; 1 Analysts Covering Inc. (SOHU)

December 23, 2017 - By Danny Collins

Among 7 analysts covering Inc. (NASDAQ:SOHU), 1 have Buy rating, 2 Sell and 4 Hold. Therefore 14% are positive. Inc. had 7 analyst reports since October 8, 2015 according to SRatingsIntel. Goldman Sachs downgraded the stock to “Sell” rating in Monday, November 30 report. Macquarie Research maintained the shares of SOHU in report on Monday, October 19 with “Neutral” rating. JP Morgan reinitiated the shares of SOHU in report on Wednesday, August 31 with “Underweight” rating. The firm earned “Hold” rating on Monday, October 30 by Deutsche Bank. The stock of Inc. (NASDAQ:SOHU) earned “Neutral” rating by Citigroup on Friday, July 22. The firm has “Equal-Weight” rating by Morgan Stanley given on Tuesday, August 1. See Inc. (NASDAQ:SOHU) latest ratings:

30/10/2017 Broker: Deutsche Bank Old Rating: Buy New Rating: Hold Downgrade
01/08/2017 Broker: Morgan Stanley Old Rating: Underweight New Rating: Equal-Weight Upgrade

Barnes & Noble Education, Inc. (BNED) formed double bottom with $7.84 target or 7.00% below today’s $8.43 share price. Barnes & Noble Education, Inc. (BNED) has $395.49 million valuation. The stock decreased 0.82% or $0.07 during the last trading session, reaching $8.43. About 359,742 shares traded. Barnes & Noble Education, Inc. (NYSE:BNED) has risen 5.18% since December 23, 2016 and is uptrending. It has underperformed by 11.52% the S&P500.

Analysts await Barnes & Noble Education, Inc. (NYSE:BNED) to report earnings on February, 27. They expect $0.12 earnings per share, up 33.33% or $0.03 from last year’s $0.09 per share. BNED’s profit will be $5.63 million for 17.56 P/E if the $0.12 EPS becomes a reality. After $1.03 actual earnings per share reported by Barnes & Noble Education, Inc. for the previous quarter, Wall Street now forecasts -88.35% negative EPS growth.

Among 4 analysts covering Barnes & Noble Education (NYSE:BNED), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. Barnes & Noble Education had 6 analyst reports since July 27, 2015 according to SRatingsIntel. The company was initiated on Monday, May 9 by Sidoti. Craig Hallum initiated Barnes & Noble Education, Inc. (NYSE:BNED) on Monday, July 27 with “Buy” rating. The stock of Barnes & Noble Education, Inc. (NYSE:BNED) has “Strong Buy” rating given on Tuesday, October 11 by BWS Financial. Cantor Fitzgerald initiated it with “Hold” rating and $13 target in Wednesday, October 7 report. The stock of Barnes & Noble Education, Inc. (NYSE:BNED) earned “Buy” rating by Craig Hallum on Thursday, August 31. Inc. provides online media, search, and game services on personal computers , mobile devices, and tablets in the PeopleÂ’s Republic of China. The company has market cap of $1.71 billion. It operates, which provides online news and information; mobile portal and Sohu News APP, a mobile phone application;, which offers online video service; and that provides online real estate information. It currently has negative earnings. The firm also offers paid subscription services, interactive broadcasting services, and sub-licensing of purchased video content to third parties.