Barnes & Noble, Inc. $BKS Negative Earnings Surprise Power Gauge, Remains Bearish
The Chaikin Power Gauge RatingTM for BKS is bearish due to very weak earnings performance, very bearish price/volume activity and very negative expert opinions. The rating also reflects very attractive financial metrics.
BKS's earnings performance is very weak as a result of worse than expected earnings in recent quarters and a relatively high projected P/E ratio.
Marc Chaikin is a recognized expert in stock market analysis. He developed computerized stock selection models for professional money managers as well as for individual investors. In addition, he pioneered and created the first real-time analytics workstation for portfolio managers and stock traders; his proprietary analytics are now part of Thomson Reuters’ institutional workstation.
Marc also created the widely-used Chaikin Oscillator and Chaikin Persistency of Money Flow, the basis of Investor’s Business Daily’s Accumulation/Distribution Rating. His indicators’ predictive value has made them de facto standards in most technical analysis software packages.