Barnes & Noble Education, Inc. (BNED) Forms $8.24 Double Bottom; Ameriprise Financial Has 0.97 Sentiment

Barnes & Noble Education, Inc. (BNED) formed double bottom with $7.75 target or 6.00% below today’s $8.24 share price. Barnes & Noble Education, Inc. (BNED) has $386.57 million valuation. The stock decreased 1.32% or $0.11 during the last trading session, reaching $8.24. About 363,799 shares traded. Barnes & Noble Education, Inc. (NYSE:BNED) has risen 5.18% since December 31, 2016 and is uptrending. It has underperformed by 11.52% the S&P500.

Ameriprise Financial, Inc., through its subsidiaries, provides various financial services and products to individual and institutional clients in the United States and internationally. The company has market cap of $25.07 billion. The companyÂ’s Advice & Wealth Management segment provides financial planning and advice, as well as full-service brokerage services primarily to retail clients through its advisors. It has a 15.84 P/E ratio. The Company’s Asset Management segment offers investment management and advice, and investment products to retail, high net worth, and institutional clients through unaffiliated third party financial institutions and institutional sales force.

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 firm has “Neutral” rating by Sidoti given on Monday, May 9. BWS Financial initiated it with “Strong Buy” rating and $14 target in Tuesday, October 11 report. The stock of Barnes & Noble Education, Inc. (NYSE:BNED) earned “Buy” rating by Craig Hallum on Monday, July 27. Craig Hallum maintained Barnes & Noble Education, Inc. (NYSE:BNED) rating on Thursday, August 31. Craig Hallum has “Buy” rating and $10.0 target. The rating was initiated by Cantor Fitzgerald on Wednesday, October 7 with “Hold”.

Analysts await Barnes & Noble Education, Inc. (NYSE:BNED) to report earnings on February, 27. They expect $0.12 EPS, up 33.33% or $0.03 from last year’s $0.09 per share. BNED’s profit will be $5.63M for 17.17 P/E if the $0.12 EPS becomes a reality. After $1.03 actual EPS reported by Barnes & Noble Education, Inc. for the previous quarter, Wall Street now forecasts -88.35% negative EPS growth.

Since January 1, 0001, it had 0 buys, and 15 sales for $35.61 million activity.

Analysts await Ameriprise Financial, Inc. (NYSE:AMP) to report earnings on January, 24 after the close. They expect $3.12 EPS, up 14.29% or $0.39 from last year’s $2.73 per share. AMP’s profit will be $461.55 million for 13.58 P/E if the $3.12 EPS becomes a reality. After $3.53 actual EPS reported by Ameriprise Financial, Inc. for the previous quarter, Wall Street now forecasts -11.61% negative EPS growth.

The stock decreased 1.25% or $2.14 during the last trading session, reaching $169.47. About 619,732 shares traded. Ameriprise Financial, Inc. (AMP) has risen 30.25% since December 31, 2016 and is uptrending. It has outperformed by 13.55% the S&P500.

Northrock Partners Llc holds 4.53% of its portfolio in Ameriprise Financial, Inc. for 79,819 shares. Lyrical Asset Management Lp owns 2.06 million shares or 4% of their US portfolio. Moreover, Boyar Asset Management Inc. has 3.66% invested in the company for 32,968 shares. The Missouri-based Atwood & Palmer Inc has invested 3.1% in the stock. Aristotle Capital Management Llc, a California-based fund reported 2.46 million shares.