BARK Inc (NYSE: BARK) closed the day trading at $1.30 down -0.76% from the previous closing price of $1.31. In other words, the price has decreased by -$0.0100 from its previous closing price. On the day, 586343 shares were traded.
Ratios:
For a better understanding of BARK, 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 1.75 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.45. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 230.33M and an Enterprise Value of 188.08M. 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 1.59. Its current Enterprise Value per Revenue stands at 0.38 whereas that against EBITDA is -7.16.
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 1.0525, while the 200-Day Moving Average is calculated to be 1.1424.
Shares Statistics:
Over the past 3-months, BARK traded about 1.16M shares per day on average, while over the past 10 days, BARK traded about 847.89k shares per day. 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 21.71% stake in the company. Shares short for BARK as of Feb 29, 2024 were 17.98M with a Short Ratio of 15.55, compared to 18.3M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 10.15% and a Short% of Float of 13.45%.
Earnings Estimates
Current recommendations for the stock of the company come from 3 analysts. 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
4 analysts predict $122.43M in revenue for the current quarter. 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.
