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The closing price of Berry Corp (NASDAQ: BRY) was $8.03 for the day, down -5.42% from the previous closing price of $8.49. In other words, the price has decreased by -$5.42 from its previous closing price. On the day, 2.09 million shares were traded. BRY stock price reached its highest trading level at $8.355 during the session, while it also had its lowest trading level at $7.87.
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 126.90 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.21. For the most recent quarter (mrq), Quick Ratio is recorded 0.54 and its Current Ratio is at 0.63. In the meantime, Its Debt-to-Equity ratio is 0.58 whereas as Long-Term Debt/Eq ratio is at 0.57.
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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 617820160 and an Enterprise Value of 1079296128. As of this moment, Berry’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.41, and their Forward P/E ratio for the next fiscal year is 8.18. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.16. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.62 while its Price-to-Book (P/B) ratio in mrq is 0.80. Its current Enterprise Value per Revenue stands at 1.25 whereas that against EBITDA is 4.094.
Stock Price History:
The Beta on a monthly basis for BRY is 1.78, which has changed by 0.19139469 over the last 52 weeks, in comparison to a change of 0.23568535 over the same period for the S&P500. 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 2.76%, while the 200-Day Moving Average is calculated to be 7.52%.
Shares Statistics:
BRY traded an average of 1.03M shares per day over the past three months and 883380 shares per day over the past ten days. A total of 75.67M shares are outstanding, with a floating share count of 73.78M. Insiders hold about 3.34% of the company’s shares, while institutions hold 90.88% stake in the company. Shares short for BRY as of 1713139200 were 4937340 with a Short Ratio of 4.79, 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
With its trailing 12-month dividend rate of 0.73, BRY has a forward annual dividend rate of 0.48. Against a Trailing Annual Dividend Yield of 0.085983515The stock’s 5-year Average Dividend Yield is 7.15.
Earnings Estimates
Current recommendations for the stock of the company come from 5.0 analysts. On average, analysts expect EPS of $0.17 for the current quarter, with a high estimate of $0.29 and a low estimate of $0.1, while EPS last year was $0.07. The consensus estimate for the next quarter is $0.22, with high estimates of $0.3 and low estimates of $0.17.
Analysts are recommending an EPS of between $1.19 and $0.57 for the fiscal current year, implying an average EPS of $0.84. EPS for the following year is $1.01, with 4.0 analysts recommending between $1.46 and $0.44.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 3 analysts. It ranges from a high estimate of $204M to a low estimate of $150.6M. As of the current estimate, Berry Corp’s year-ago sales were $175.13MFor the next quarter, 3 analysts are estimating revenue of $179M. There is a high estimate of $205M for the next quarter, whereas the lowest estimate is $159M.
A total of 3 analysts have provided revenue estimates for BRY’s current fiscal year. The highest revenue estimate was $827M, while the lowest revenue estimate was $616.8M, resulting in an average revenue estimate of $716.27M. In the same quarter a year ago, actual revenue was $903.46MBased on 3 analysts’ estimates, the company’s revenue will be $713.13M in the next fiscal year. The high estimate is $889M and the low estimate is $586.4M.
