0 analysts offer recommendations for BARK Inc (BARK) stock

The price of BARK Inc (NYSE: BARK) closed at $1.47 in the last session, up 13.95% from day before closing price of $1.29. In other words, the price has increased by $+0.1800 from its previous closing price. On the day, 1951576 shares were traded. BARK stock price reached its highest trading level at $1.5200 during the session, while it also had its lowest trading level at $1.3000.

Ratios:

We take a closer look at BARK’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.98 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.21. For the most recent quarter (mrq), Quick Ratio is recorded 1.56 and its Current Ratio is at 2.65. In the meantime, Its Debt-to-Equity ratio is 0.62 whereas as Long-Term Debt/Eq ratio is at 0.59.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Jefferies on March 05, 2024, Upgraded its rating to Buy and sets its target price to $1.90 from $1.54 previously.

On December 19, 2023, Jefferies started tracking the stock assigning a Hold rating and target price of $1.34.

Canaccord Genuity Downgraded its Buy to Hold on November 09, 2023, whereas the target price for the stock was revised from $3.50 to $1.50.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Nov 13 ’23 when Meeker Matt bought 61,700 shares for $0.79 per share. The transaction valued at 48,866 led to the insider holds 9,926,436 shares of the business.

Kamenetzky David sold 82,933 shares of BARK for $132,859 on Sep 12 ’23. The Director now owns 0 shares after completing the transaction at $1.60 per share. On Sep 11 ’23, another insider, Kamenetzky David, who serves as the Director of the company, sold 83,000 shares for $1.60 each. As a result, the insider received 132,435 and left with 82,933 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BARK now has a Market Capitalization of 228.56M and an Enterprise Value of 186.31M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.53 while its Price-to-Book (P/B) ratio in mrq is 1.80. Its current Enterprise Value per Revenue stands at 0.38 whereas that against EBITDA is -7.09.

Stock Price History:

Over the past 52 weeks, BARK has reached a high of $1.64, while it has fallen to a 52-week low of $0.70. The 50-Day Moving Average of the stock is 0.9857, while the 200-Day Moving Average is calculated to be 1.1372.

Shares Statistics:

According to the various share statistics, BARK traded on average about 1.12M shares per day over the past 3-months and 635.68k shares per day over the past 10 days. A total of 177.65M shares are outstanding, with a floating share count of 104.04M. Insiders hold about 41.28% of the company’s shares, while institutions hold 21.71% stake in the company. Shares short for BARK as of Feb 15, 2024 were 17.73M with a Short Ratio of 15.82, compared to 16.23M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 10.01% and a Short% of Float of 13.27%.

Earnings Estimates

The company has 3 analysts who recommend its stock at the moment. On average, analysts expect EPS of -$0.01 for the current quarter, with a high estimate of $0 and a low estimate of -$0.04, while EPS last year was -$0.08. The consensus estimate for the next quarter is -$0.03, with high estimates of -$0.02 and low estimates of -$0.04.

Analysts are recommending an EPS of between -$0.11 and -$0.15 for the fiscal current year, implying an average EPS of -$0.12. EPS for the following year is -$0.06, with 3 analysts recommending between -$0.01 and -$0.14.

Revenue Estimates

According to 4 analysts, the current quarter’s revenue is expected to be $122.43M. It ranges from a high estimate of $123.71M to a low estimate of $121.2M. As of the current estimate, BARK Inc’s year-ago sales were $126.02M, an estimated decrease of -2.80% from the year-ago figure.

A total of 4 analysts have provided revenue estimates for BARK’s current fiscal year. The highest revenue estimate was $492.21M, while the lowest revenue estimate was $489.9M, resulting in an average revenue estimate of $491.03M. In the same quarter a year ago, actual revenue was $535.32M, down -8.30% from the average estimate. Based on 4 analysts’ estimates, the company’s revenue will be $509.89M in the next fiscal year. The high estimate is $515.24M and the low estimate is $503.3M. The average revenue growth estimate for next year is up 3.80% from the average revenue estimate for this year.

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