As of close of business last night, BARK Inc’s stock clocked out at $1.22, up 0.83% from its previous closing price of $1.21. In other words, the price has increased by $+0.0100 from its previous closing price. On the day, 571609 shares were traded.
Ratios:
To gain a deeper understanding of BARK’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.65 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.63. 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:
Investing in insider trades can also provide an investor with insight into how management views future 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 216.16M and an Enterprise Value of 173.90M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.44 while its Price-to-Book (P/B) ratio in mrq is 1.50. Its current Enterprise Value per Revenue stands at 0.35 whereas that against EBITDA is -6.62.
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 1.1820, while the 200-Day Moving Average is calculated to be 1.1448.
Shares Statistics:
It appears that BARK traded 989.32K shares on average per day over the past three months and 519.63k shares per day over the past ten days. A total of 177.65M shares are outstanding, with a floating share count of 103.48M. Insiders hold about 41.60% of the company’s shares, while institutions hold 21.69% stake in the company. Shares short for BARK as of Mar 15, 2024 were 17.91M with a Short Ratio of 18.11, compared to 17.73M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 10.11% and a Short% of Float of 13.40%.
Earnings Estimates
As of right now, 3 analysts gave their recommendation on the stock of the company. 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
In the current quarter, 4 analysts expect revenue to total $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.
