The closing price of Berry Corporation (NASDAQ: BRY) was $6.57 for the day, down -4.64% from the previous closing price of $6.89. In other words, the price has decreased by -$0.32 from its previous closing price. On the day, 569267 shares were traded.
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Our analysis of BRY’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 35.76 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 21.18. For the most recent quarter (mrq), Quick Ratio is recorded 0.70 and its Current Ratio is at 0.80. In the meantime, Its Debt-to-Equity ratio is 0.58 whereas as Long-Term Debt/Eq ratio is at 0.58.
Upgrades & Downgrades
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Apr 17 when Smith Arthur T. sold 100,000 shares for $8.21 per share. The transaction valued at 821,050 led to the insider holds 664,180 shares of the business.
Hunter Danielle E. sold 30,000 shares of BRY for $247,809 on Apr 03. The President now owns 188,757 shares after completing the transaction at $8.26 per share. On Mar 16, another insider, Smith Arthur T., who serves as the Executive Chairman of the company, sold 100,000 shares for $7.26 each. As a result, the insider received 726,240 and left with 565,904 shares of the company.
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BRY now has a Market Capitalization of 570.54M and an Enterprise Value of 921.69M. As of this moment, Berry’s Price-to-Earnings (P/E) ratio for their current fiscal year is 1.78, and their Forward P/E ratio for the next fiscal year is 9.19. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.12. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.47 while its Price-to-Book (P/B) ratio in mrq is 0.66. Its current Enterprise Value per Revenue stands at 0.91 whereas that against EBITDA is 3.18.
Stock Price History:
Over the past 52 weeks, BRY has reached a high of $10.19, while it has fallen to a 52-week low of $5.78. The 50-Day Moving Average of the stock is 7.46, while the 200-Day Moving Average is calculated to be 8.43.
BRY traded an average of 728.09K shares per day over the past three months and 542.51k shares per day over the past ten days. A total of 76.11M shares are outstanding, with a floating share count of 74.42M. Insiders hold about 10.20% of the company’s shares, while institutions hold 96.18% stake in the company. Shares short for BRY as of May 14, 2023 were 2.82M with a Short Ratio of 2.82M, compared to 2.92M on Apr 13, 2023. Therefore, it implies a Short% of Shares Outstanding of 3.66% and a Short% of Float of 4.16%.
Dividends & Splits
With its trailing 12-month dividend rate of 1.71, BRY has a forward annual dividend rate of 0.48. Against a Trailing Annual Dividend Yield of 24.82%, it implies a Forward Annual Dividend Yield of 16.69%.
The firm’s stock currently is rated by 4 analysts. On average, analysts expect EPS of $0.01 for the current quarter, with a high estimate of $0.11 and a low estimate of -$0.07, while EPS last year was $0.64. The consensus estimate for the next quarter is $0.08, with high estimates of $0.12 and low estimates of $0.05.
Analysts are recommending an EPS of between $0.59 and $0.17 for the fiscal current year, implying an average EPS of $0.32. EPS for the following year is $0.77, with 5 analysts recommending between $1.29 and $0.26.
It is expected that $90B in revenue will be generated in the current quarter, according to 3 analysts. It ranges from a high estimate of $202M to a low estimate of $145.9M. As of the current estimate, Berry Corporation’s year-ago sales were $253.13M, an estimated decrease of -31.40% from the year-ago figure. For the next quarter, 3 analysts are estimating revenue of $184.07M, a decrease of -13.70% over than the figure of -$31.40% in the same quarter last year. There is a high estimate of $207M for the next quarter, whereas the lowest estimate is $161.2M.
A total of 3 analysts have provided revenue estimates for BRY’s current fiscal year. The highest revenue estimate was $878M, while the lowest revenue estimate was $677.4M, resulting in an average revenue estimate of $776.13M. In the same quarter a year ago, actual revenue was $918.34M, down -15.50% from the average estimate. Based on 3 analysts’ estimates, the company’s revenue will be $747.73M in the next fiscal year. The high estimate is $907M and the low estimate is $577.2M. The average revenue growth estimate for next year is down -3.70% from the average revenue estimate for this year.