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.
BARK Inc (NYSE: BARK) closed the day trading at $1.23 down -1.60% from the previous closing price of $1.25. In other words, the price has decreased by -$1.60 from its previous closing price. On the day, 0.74 million shares were traded. BARK stock price reached its highest trading level at $1.265 during the session, while it also had its lowest trading level at $1.2.
Ratios:
For a better understanding of BARK, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.99 and its Current Ratio is at 1.63. In the meantime, Its Debt-to-Equity ratio is 0.76 whereas as Long-Term Debt/Eq ratio is at 0.34.
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 11 ’24 when Meeker Matt bought 34,000 shares for $1.52 per share. The transaction valued at 51,806 led to the insider holds 10,734,460 shares of the business.
Werdelin Henrik sold 100,000 shares of BARK for $175,390 on Aug 27 ’24. The Director now owns 10,940,385 shares after completing the transaction at $1.75 per share. On Aug 27 ’24, another insider, Werdelin Henrik, who serves as the Director of the company, bought 100,000 shares for $1.75 each.
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 215145456 and an Enterprise Value of 186321264. 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 1.89. Its current Enterprise Value per Revenue stands at 0.38 whereas that against EBITDA is -7.6.
Stock Price History:
The Beta on a monthly basis for BARK is 1.93, which has changed by 0.118181825 over the last 52 weeks, in comparison to a change of 0.05430484 over the same period for the S&P500. Over the past 52 weeks, BARK has reached a high of $2.56, while it has fallen to a 52-week low of $1.01. The 50-Day Moving Average of the stock is -20.38%, while the 200-Day Moving Average is calculated to be -26.99%.
Shares Statistics:
Over the past 3-months, BARK traded about 858.33K shares per day on average, while over the past 10 days, BARK traded about 815120 shares per day. A total of 174.10M shares are outstanding, with a floating share count of 105.01M. Insiders hold about 39.97% of the company’s shares, while institutions hold 29.26% stake in the company. Shares short for BARK as of 1743379200 were 13661617 with a Short Ratio of 15.92, compared to 1740700800 on 14028791. Therefore, it implies a Short% of Shares Outstanding of 13661617 and a Short% of Float of 10.43.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
The current rating of BARK Inc (BARK) is the result of assessments by 3.0 analysts actively engaged in evaluating its market dynamics.The consensus estimate for the next quarter is $0.01, with high estimates of $0.02 and low estimates of $0.0.
Analysts are recommending an EPS of between -$0.02 and -$0.04 for the fiscal current year, implying an average EPS of -$0.03. EPS for the following year is $0.02, with 3.0 analysts recommending between $0.03 and $0.02.
Revenue Estimates
4 analysts predict $126.74M in revenue for the current quarter. It ranges from a high estimate of $131M to a low estimate of $122.7M. As of the current estimate, BARK Inc’s year-ago sales were $121.48MFor the next quarter, 4 analysts are estimating revenue of $123.2M. There is a high estimate of $123.2M for the next quarter, whereas the lowest estimate is $123.2M.
A total of 4 analysts have provided revenue estimates for BARK’s current fiscal year. The highest revenue estimate was $500M, while the lowest revenue estimate was $491.47M, resulting in an average revenue estimate of $495.58M. In the same quarter a year ago, actual revenue was $490.18MBased on 4 analysts’ estimates, the company’s revenue will be $534.12M in the next fiscal year. The high estimate is $543M and the low estimate is $527.48M.
