Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
After finishing at $8.04 in the prior trading day, Berry Corp (NASDAQ: BRY) closed at $8.00, down -0.50%. In other words, the price has decreased by -$0.50 from its previous closing price. On the day, 1.62 million shares were traded. BRY stock price reached its highest trading level at $8.14 during the session, while it also had its lowest trading level at $7.88.
Ratios:
Our goal is to gain a better understanding of BRY by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 177.90 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.19. For the most recent quarter (mrq), Quick Ratio is recorded 0.51 and its Current Ratio is at 0.60. In the meantime, Its Debt-to-Equity ratio is 0.65 whereas as Long-Term Debt/Eq ratio is at 0.65.
On July 17, 2023, Jefferies Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $9 to $8.
On October 19, 2022, Jefferies started tracking the stock assigning a Buy rating and target price of $10.Jefferies initiated its Buy rating on October 19, 2022, with a $10 target price.
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 Sep 01 ’23 when Hunter Danielle E. sold 15,000 shares for $8.77 per share. The transaction valued at 131,505 led to the insider holds 148,757 shares of the business.
Smith Arthur T. sold 81,365 shares of BRY for $673,694 on Aug 18 ’23. The Executive Chairman now owns 514,180 shares after completing the transaction at $8.28 per share. On Aug 18 ’23, another insider, Hunter Danielle E., who serves as the President of the company, sold 10,000 shares for $8.25 each. As a result, the insider received 82,500 and left with 163,757 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, BRY now has a Market Capitalization of 615512000 and an Enterprise Value of 1067959936. As of this moment, Berry’s Price-to-Earnings (P/E) ratio for their current fiscal year is 640.00, and their Forward P/E ratio for the next fiscal year is 8.15. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 42.67. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.64 while its Price-to-Book (P/B) ratio in mrq is 0.89. Its current Enterprise Value per Revenue stands at 1.257 whereas that against EBITDA is 4.88.
Stock Price History:
Over the past 52 weeks, BRY has reached a high of $8.88, while it has fallen to a 52-week low of $6.02. The 50-Day Moving Average of the stock is 1.73%, while the 200-Day Moving Average is calculated to be 6.97%.
Shares Statistics:
The stock has traded on average 1.07M shares per day over the past 3-months and 1000500 shares per day over the last 10 days, according to various share statistics. A total of 75.67M shares are outstanding, with a floating share count of 74.76M. Insiders hold about 2.83% of the company’s shares, while institutions hold 88.96% stake in the company. Shares short for BRY as of 1713139200 were 4937340 with a Short Ratio of 4.60, compared to 1710460800 on 4671950. Therefore, it implies a Short% of Shares Outstanding of 4937340 and a Short% of Float of 7.2700000000000005.
Dividends & Splits
In the trailing 12 months, BRY’s forward annual dividend rate was 0.73, compared to 0.48 this year. Against a Trailing Annual Dividend Yield of 0.09079602The stock’s 5-year Average Dividend Yield is 7.15.
