Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
Berry Corp (NASDAQ: BRY) closed the day trading at $3.43 down -2.56% from the previous closing price of $3.52. In other words, the price has decreased by -$2.56 from its previous closing price. On the day, 1.3 million shares were traded. BRY stock price reached its highest trading level at $3.505 during the session, while it also had its lowest trading level at $3.405.
Ratios:
For a better understanding of BRY, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.32 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.45. For the most recent quarter (mrq), Quick Ratio is recorded 0.74 and its Current Ratio is at 0.83. In the meantime, Its Debt-to-Equity ratio is 0.62 whereas as Long-Term Debt/Eq ratio is at 0.55.
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 273158496 and an Enterprise Value of 660959808. As of this moment, Berry’s Price-to-Earnings (P/E) ratio for their current fiscal year is 53.26, and their Forward P/E ratio for the next fiscal year is 61.78. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.38 while its Price-to-Book (P/B) ratio in mrq is 0.40. Its current Enterprise Value per Revenue stands at 0.942 whereas that against EBITDA is 1.741.
Stock Price History:
The Beta on a monthly basis for BRY is 1.15, which has changed by -0.3429119 over the last 52 weeks, in comparison to a change of 0.13724327 over the same period for the S&P500. Over the past 52 weeks, BRY has reached a high of $5.90, while it has fallen to a 52-week low of $2.11. The 50-Day Moving Average of the stock is 1.04%, while the 200-Day Moving Average is calculated to be 2.12%.
Shares Statistics:
Over the past 3-months, BRY traded about 1.48M shares per day on average, while over the past 10 days, BRY traded about 1108990 shares per day. A total of 77.60M shares are outstanding, with a floating share count of 76.17M. Insiders hold about 1.85% of the company’s shares, while institutions hold 84.30% stake in the company. Shares short for BRY as of 1759190400 were 966090 with a Short Ratio of 0.65, compared to 1756425600 on 926688. Therefore, it implies a Short% of Shares Outstanding of 966090 and a Short% of Float of 1.27.
Dividends & Splits
BRY’s forward annual dividend rate is 0.12, up from 0.12 a year ago. Against a Trailing Annual Dividend Yield of 0.03409091. The stock’s 5-year Average Dividend Yield is 8.06.
Earnings Estimates
The market rating for Berry Corp (BRY) is a result of the insights provided by 4.0 analysts actively involved in the assessment.The consensus estimate for the next quarter is $0.06, with high estimates of $0.08 and low estimates of $0.02.
Analysts are recommending an EPS of between $0.27 and $0.16 for the fiscal current year, implying an average EPS of $0.23. EPS for the following year is -$0.01, with 3.0 analysts recommending between $0.06 and -$0.07.
Revenue Estimates
2 analysts predict $168M in revenue for . The current quarter. It ranges from a high estimate of $175M to a low estimate of $161M. As of . The current estimate, Berry Corp’s year-ago sales were $259.78MFor the next quarter, 2 analysts are estimating revenue of $169M. There is a high estimate of $175M for the next quarter, whereas the lowest estimate is $163M.
A total of 2 analysts have provided revenue estimates for BRY’s current fiscal year. The highest revenue estimate was $743M, while the lowest revenue estimate was $613M, resulting in an average revenue estimate of $678M. In the same quarter a year ago, actual revenue was $776.5MBased on 2 analysts’ estimates, the company’s revenue will be $625M in the next fiscal year. The high estimate is $663M and the low estimate is $587M.
