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Barnes & Noble Education, Inc. Investors: Company Investigated by the Portnoy Law Firm
GlobeNewswire News Room· 2025-07-25 20:56
Core Viewpoint - The Portnoy Law Firm has initiated an investigation into potential securities fraud involving Barnes & Noble Education, Inc. and may file a class action on behalf of affected investors [1][3]. Group 1: Investigation and Allegations - The investigation is prompted by concerns raised on July 18, 2025, regarding the recording of costs related to digital sales, with management believing there may be an overstatement of up to $23.0 million in accounts receivable as of May 3, 2025 [3]. - The law firm encourages investors who lost money to contact them for a complimentary case evaluation and to discuss their legal rights [2]. Group 2: Market Reaction - Following the announcement of the potential overstatement, Barnes & Noble's stock price fell sharply by $2.36 per share, approximately 21%, closing at $8.87 on July 21, 2025, leading to significant losses for investors [4].
BARNES & NOBLE ALERT: Bragar Eagel & Squire, P.C. is Investigating Barnes & Noble Education, Inc. on Behalf of Barnes & Noble Stockholders and Encourages Investors to Contact the Firm
GlobeNewswire News Room· 2025-07-24 23:24
Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against Barnes & Noble Education, Inc. for possible violations of federal securities laws and unlawful business practices, particularly in light of a recent investigation into the company's accounting practices [1][3]. Group 1: Investigation Details - Barnes & Noble disclosed a delay in its annual report for the fiscal year ended May 3, 2025, due to an ongoing investigation regarding the recording of digital sales costs [3]. - Preliminary findings suggest that Barnes & Noble may have overstated accounts receivable by up to $23 million and expects to report at least one material weakness related to manual journal entries [3]. Group 2: Market Reaction - Following the announcement of the investigation, Barnes & Noble's stock price fell by $2.36 per share, representing a decline of 21.02%, closing at $8.87 per share on July 21, 2025 [4].
Barrick Mining (B) Upgraded to Strong Buy: Here's What You Should Know
ZACKS· 2025-07-24 17:00
Core Viewpoint - Barrick Mining has been upgraded to a Zacks Rank 1 (Strong Buy) due to an upward trend in earnings estimates, which is a significant factor influencing stock prices [1][2]. Earnings Estimates and Stock Price Movement - The Zacks rating system is based on the consensus measure of EPS estimates from sell-side analysts, reflecting the company's changing earnings picture [1][2]. - A strong correlation exists between changes in earnings estimates and near-term stock price movements, influenced by institutional investors who adjust their valuations based on these estimates [3]. Business Improvement Indicators - Rising earnings estimates and the Zacks rating upgrade suggest an improvement in Barrick Mining's underlying business, which could lead to higher stock prices as investors respond positively [4]. Importance of Earnings Estimate Revisions - Empirical research indicates that tracking earnings estimate revisions can be beneficial for investment decisions, with the Zacks Rank system effectively utilizing this data [5]. Zacks Rank System Performance - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [6]. Specifics on Barrick Mining's Earnings Estimates - Barrick Mining is projected to earn $1.96 per share for the fiscal year ending December 2025, with no year-over-year change expected [7]. - Over the past three months, the Zacks Consensus Estimate for Barrick Mining has increased by 18.2%, indicating positive sentiment among analysts [7]. Zacks Rating System Characteristics - The Zacks rating system maintains a balanced distribution of "buy" and "sell" ratings across over 4,000 stocks, with only the top 5% receiving a "Strong Buy" rating [8]. - The upgrade of Barrick Mining to a Zacks Rank 1 places it in the top 5% of Zacks-covered stocks, suggesting potential for market-beating returns in the near term [9].
Barrick Mining's Cash-Fueled Capital Return Strategy Signals Upside
ZACKS· 2025-07-24 12:16
Core Insights - Barrick Mining Corporation is focusing on capital returns to shareholders, generating approximately $4.5 billion in operating cash flows in 2024 and returning about $1.2 billion through dividends and share repurchases [1][7]. Financial Performance - In February 2025, Barrick's board authorized a new share repurchase program of up to $1 billion, with $143 million repurchased and $172 million paid in dividends in the first quarter [2][3]. - Barrick ended the first quarter with cash and cash equivalents of around $4.1 billion, positioning itself well for development and exploration opportunities while maintaining shareholder value [3]. Comparison with Peers - Newmont Corporation has returned $1 billion to shareholders since the beginning of 2025, with a record free cash flow of $1.2 billion in the first quarter [4]. - Agnico Eagle Mines Limited returned nearly $1 billion to shareholders last year and delivered a free cash flow of $594 million in the first quarter, returning around 42% through dividends and buybacks [5]. Stock Performance and Valuation - Barrick's shares have increased by 39.4% year to date, compared to the Zacks Mining – Gold industry's rise of 58.7% [6]. - The forward 12-month earnings multiple for Barrick is 9.81, which is approximately 23.4% lower than the industry average of 12.8X, indicating a favorable valuation [9]. - Earnings per share (EPS) estimates for 2025 and 2026 imply growth of 55.6% and 23.1%, respectively, with estimates trending higher [7][8].
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Barnes & Noble Education, Inc. - BNED
GlobeNewswire News Room· 2025-07-23 14:00
Core Viewpoint - Barnes & Noble Education, Inc. is under investigation for potential securities fraud and unlawful business practices, which has led to a significant drop in its stock price following the announcement of a delay in its annual report due to accounting issues [1][3][4]. Group 1: Investigation Details - Pomerantz LLP is investigating claims on behalf of investors regarding potential securities fraud by Barnes & Noble and its officers or directors [1]. - The investigation is focused on how the costs of digital sales were recorded, with early findings suggesting that accounts receivable may have been overstated by up to $23 million [3]. Group 2: Financial Impact - Following the announcement of the investigation and the delay in the annual report, Barnes & Noble's stock price fell by $2.36 per share, representing a 21.02% decrease, closing at $8.87 per share on July 21, 2025 [4]. Group 3: Company Background - Pomerantz LLP is recognized as a leading firm in corporate, securities, and antitrust class litigation, with a history of recovering multimillion-dollar damages for victims of securities fraud and corporate misconduct [5].
Can Barrick Gold Stock Rise 50%?
Forbes· 2025-07-23 13:05
Core Viewpoint - Barrick Mining Corp's stock could potentially double in value if gold prices experience a significant surge, particularly if they exceed $4,000 per ounce [1][5]. Group 1: Stock Performance - Barrick's stock has increased by over 30% year-to-date, significantly outperforming the S&P 500 index, which has grown by 7% [2]. - The rise in Barrick's stock is largely attributed to a 28% increase in gold prices, which currently exceed $3,350 per ounce [2]. Group 2: Financial Projections - At the current gold price of $3,350 per ounce, Barrick's estimated revenues for 2025 are around $15.24 billion, reflecting a price-to-sales (P/S) ratio of 2.5x [3]. - If gold prices rise to $4,000 per ounce, revenues could exceed $18 billion, potentially leading to a share price of around $26 at the same P/S ratio [3]. - Should the P/S ratio increase to 3.2x, as seen in 2020, the share price could rise to $33, representing a 55% increase from current levels [3]. Group 3: Market Dynamics - A significant increase in gold prices could be driven by factors such as a global recession, inflation, geopolitical tensions, or central banks stockpiling gold [4]. - Higher gold prices would enhance Barrick's profits without the need for additional mining, as many costs are fixed [4]. - The market may reassess Barrick's valuation, viewing it as a reliable cash-generating entity rather than just a gold investment [4].
Barrick Mining vs. Newmont: Which Gold Giant Is the Better Bet Now?
ZACKS· 2025-07-23 12:26
Core Insights - Barrick Mining Corporation and Newmont Corporation are two leading gold mining companies with extensive global operations and diversified portfolios, making them relevant for investors in the precious metals sector [1] - Gold prices have reached record highs, driven by global economic uncertainties and increased central bank reserves, with prices currently above $3,400 per ounce and up over 30% year-to-date [2] Barrick Mining Corporation - Barrick has made a strong recovery in 2025 after a challenging 2024, benefiting from rising gold prices and advancing key growth projects [4][5] - Major projects include Goldrush, Fourmile, and Reko Diq, which are expected to significantly enhance production capacity [6][8] - Barrick's liquidity position is robust, with cash and cash equivalents around $4.1 billion and operating cash flows of approximately $1.2 billion in Q1 2025, reflecting a 59% year-over-year increase [8][9] - The company returned $1.2 billion to shareholders in 2024 and has a new share repurchase program authorized for up to $1 billion [9][10] - Barrick's stock has increased by 40.3% year-to-date, with a projected EPS growth of 54.8% [10][16] Newmont Corporation - Newmont is strategically investing in growth projects such as Tanami Expansion 2 and Ahafo North, which are expected to enhance production and profitability [12] - The acquisition of Newcrest Mining has strengthened Newmont's portfolio, generating $500 million in annual run-rate synergies [13] - Newmont has divested non-core assets, raising approximately $470 million and anticipating $3 billion in after-tax cash proceeds from its 2025 divestiture program [14][15] - The company reported liquidity of $8.8 billion, including cash and cash equivalents of around $4.7 billion, and generated a record free cash flow of $1.2 billion in Q1 2025 [15] - Newmont's stock has risen 65.8% year-to-date, with a projected EPS growth of 33.9% [10][25] Valuation and Performance Comparison - Barrick is trading at a forward 12-month earnings multiple of 9.88X, which is a 20.7% discount compared to the industry average of 12.46X [19] - Newmont's forward earnings multiple is 12.70X, indicating a premium over Barrick [21] - Both companies have a Zacks Rank 2 (Buy), but Barrick is viewed as having a more attractive valuation and higher growth projections, making it a potentially better investment option [26][27]
Barnes & Noble Education: Buy The Dip - An Overlooked Business Clearly Inflecting
Seeking Alpha· 2025-07-22 22:00
Core Insights - The company adopts a deep value investment strategy focusing on fundamental, bottom-up research to identify underfollowed and mispriced equities with potential for significant returns [1] - The primary focus is on small- and mid-cap companies where limited analyst coverage or misunderstood fundamentals create investment opportunities [1] - Key investment criteria include balance sheet quality, margin of safety, capital allocation, and identifiable catalysts for value realization [1] - The company engages directly with management teams when appropriate and maintains a long-term investment horizon [1] Analyst's Position - The analyst has a beneficial long position in the shares of IMMR and BNED through stock ownership, options, or other derivatives [2] - The article reflects the analyst's own opinions and is not influenced by compensation from any company mentioned [2] Disclosure and Transparency - The company emphasizes transparency and accountability as core components of its investment philosophy [1] - It encourages thoughtful discussion and feedback from the investing community [1]
Rare Buying Opportunities: Deeply Undervalued With Big Upside Catalysts
Seeking Alpha· 2025-07-22 19:03
Group 1 - Samuel Smith has extensive experience in dividend stock research and investment, having served as lead analyst and Vice President at notable firms [1] - He is a Professional Engineer and Project Management Professional with degrees in Civil Engineering & Mathematics and a Master's in Engineering focused on applied mathematics and machine learning [1] - Samuel leads the High Yield Investor investing group, collaborating with Jussi Askola and Paul R. Drake to balance safety, growth, yield, and value in investment strategies [2] Group 2 - High Yield Investor provides real-money core, retirement, and international portfolios, along with regular trade alerts and educational content for investors [2] - The service includes an active chat room for like-minded investors to share insights and strategies [2]
Barrick to Report Second Quarter 2025 Results on August 11, 2025
GlobeNewswire News Room· 2025-07-17 11:00
TORONTO, July 17, 2025 (GLOBE NEWSWIRE) -- Barrick Mining Corporation (NYSE:B)(TSX:ABX) will release its second quarter 2025 results before markets open on Monday, August 11, 2025 at approximately 6:00 AM EDT. President and CEO Mark Bristow will host a webcast to discuss the results at 11:00 AM EDT followed by a question-and-answer session with analysts. Q2 2025 RESULTSQ2 Results releaseAugust 11, 06:00 EDT / 10:00 UTCLive presentation and webcastAugust 11, 11:00 EDT / 15:00 UTCRegister to attend the webcas ...