Berry Corp’s Market Journey: Closing Strong at 3.82, Up 3.24

Ulysses Smith

Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.

The closing price of Berry Corp (NASDAQ: BRY) was $3.82 for the day, up 3.24% from the previous closing price of $3.7. In other words, the price has increased by $3.24 from its previous closing price. On the day, 1.26 million shares were traded. BRY stock price reached its highest trading level at $3.82 during the session, while it also had its lowest trading level at $3.71.

Ratios:

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 14.84 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.96. 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 296439008 and an Enterprise Value of 691224320. As of this moment, Berry’s Price-to-Earnings (P/E) ratio for their current fiscal year is 59.32, and their Forward P/E ratio for the next fiscal year is 67.87. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.42 while its Price-to-Book (P/B) ratio in mrq is 0.45. Its current Enterprise Value per Revenue stands at 0.985 whereas that against EBITDA is 1.821.

Stock Price History:

The Beta on a monthly basis for BRY is 1.14, which has changed by -0.29520297 over the last 52 weeks, in comparison to a change of 0.17904854 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 15.28%, while the 200-Day Moving Average is calculated to be 13.37%.

Shares Statistics:

BRY traded an average of 1.44M shares per day over the past three months and 1649160 shares per day over the past ten days. A total of 77.60M shares are outstanding, with a floating share count of 75.23M. Insiders hold about 3.06% of the company’s shares, while institutions hold 84.41% stake in the company. Shares short for BRY as of 1757894400 were 833415 with a Short Ratio of 0.58, compared to 1755216000 on 1072962. Therefore, it implies a Short% of Shares Outstanding of 833415 and a Short% of Float of 1.09.

Dividends & Splits

With its trailing 12-month dividend rate of 0.12, BRY has a forward annual dividend rate of 0.12. Against a Trailing Annual Dividend Yield of 0.03243243. The stock’s 5-year Average Dividend Yield is 8.06.

Earnings Estimates

Berry Corp (BRY) is presently subject to a detailed evaluation by 3.0 analysts, each offering their unique perspectives on its market standing.The consensus estimate for the next quarter is $0.05, with high estimates of $0.07 and low estimates of $0.02.

Analysts are recommending an EPS of between $0.26 and $0.16 for the fiscal current year, implying an average EPS of $0.23. EPS for the following year is -$0.02, with 3.0 analysts recommending between $0.06 and -$0.07.

Revenue Estimates

It is expected that $90B in revenue will be generated in. The current quarter, according to 1 analysts. It ranges from a high estimate of $161M to a low estimate of $161M. As of. The current estimate, Berry Corp’s year-ago sales were $259.78MFor the next quarter, 1 analysts are estimating revenue of $163M. There is a high estimate of $163M for the next quarter, whereas the lowest estimate is $163M.

A total of 1 analysts have provided revenue estimates for BRY’s current fiscal year. The highest revenue estimate was $613M, while the lowest revenue estimate was $613M, resulting in an average revenue estimate of $613M. In the same quarter a year ago, actual revenue was $776.5MBased on 1 analysts’ estimates, the company’s revenue will be $587M in the next fiscal year. The high estimate is $587M and the low estimate is $587M.

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