Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
The price of Berry Corp (NASDAQ: BRY) closed at $3.38 in the last session, down -0.59% from day before closing price of $3.4. In other words, the price has decreased by -$0.59 from its previous closing price. On the day, 0.89 million shares were traded. BRY stock price reached its highest trading level at $3.43 during the session, while it also had its lowest trading level at $3.32.
Ratios:
We take a closer look at BRY’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 19.27 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.91. For the most recent quarter (mrq), Quick Ratio is recorded 0.72 and its Current Ratio is at 0.81. In the meantime, Its Debt-to-Equity ratio is 0.63 whereas as Long-Term Debt/Eq ratio is at 0.56.
Piper Sandler Downgraded its Overweight to Neutral on August 14, 2023, while the target price for the stock was maintained at $9.
Valuation Measures:
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 262312000 and an Enterprise Value of 652315968. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.39 while its Price-to-Book (P/B) ratio in mrq is 0.41. Its current Enterprise Value per Revenue stands at 0.893 whereas that against EBITDA is 2.541.
Stock Price History:
The Beta on a monthly basis for BRY is 0.86, which has changed by -0.19999999 over the last 52 weeks, in comparison to a change of 0.13042927 over the same period for the S&P500. Over the past 52 weeks, BRY has reached a high of $5.09, while it has fallen to a 52-week low of $2.11. The 50-Day Moving Average of the stock is -1.49%, while the 200-Day Moving Average is calculated to be 7.53%.
Shares Statistics:
According to the various share statistics, BRY traded on average about 1.35M shares per day over the past 3-months and 439720 shares per day over the past 10 days. A total of 77.60M shares are outstanding, with a floating share count of 76.18M. Insiders hold about 1.84% of the company’s shares, while institutions hold 81.74% stake in the company. Shares short for BRY as of 1764288000 were 1062788 with a Short Ratio of 0.79, compared to 1761868800 on 1165283. Therefore, it implies a Short% of Shares Outstanding of 1062788 and a Short% of Float of 1.39.
Dividends & Splits
The forward annual dividend rate for BRY is 0.12, which was 0.12 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.035294116. The stock’s 5-year Average Dividend Yield is 7.92.
Earnings Estimates
. The current assessment of Berry Corp (BRY) involves the perspectives of 4.0 analysts closely monitoring its market dynamics.The consensus estimate for the next quarter is -$0.02, with high estimates of $0.04 and low estimates of -$0.11.
Analysts are recommending an EPS of between $0.17 and $0.09 for the fiscal current year, implying an average EPS of $0.14. EPS for the following year is -$0.05, with 3.0 analysts recommending between $0.14 and -$0.21.
Revenue Estimates
According to 2 analysts,. The current quarter’s revenue is expected to be $162M. It ranges from a high estimate of $163M to a low estimate of $161M. As of. The current estimate, Berry Corp’s year-ago sales were $187.79MFor the next quarter, 2 analysts are estimating revenue of $150.5M. There is a high estimate of $151M for the next quarter, whereas the lowest estimate is $150M.
A total of 2 analysts have provided revenue estimates for BRY’s current fiscal year. The highest revenue estimate was $707M, while the lowest revenue estimate was $591M, resulting in an average revenue estimate of $649M. In the same quarter a year ago, actual revenue was $776.5MBased on 2 analysts’ estimates, the company’s revenue will be $602.5M in the next fiscal year. The high estimate is $621M and the low estimate is $584M.
