How Is BARK Inc.(NYSE: BARK) Is Expected To Perform In The Next Few Months?

BARK Inc (NYSE:BARK) has a beta value of 1.76 and has seen 1.01 million shares traded in the last trading session. The company, currently valued at $324.39M, closed the last trade at $1.77 per share which meant it gained $0.09 on the day or 5.36% during that session. The BARK stock price is -7.91% off its 52-week high price of $1.91 and 60.45% above the 52-week low of $0.70. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.09 million shares traded. The 3-month trading volume is 616.91K shares.

The consensus among analysts is that BARK Inc (BARK) is Buy stock at the moment, with a recommendation rating of 1.50. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 3 have rated it as a Hold, with 3 advising it as a Buy. 0 have rated the stock as Underweight.

BARK Inc (NYSE:BARK) trade information

Over the past 30 days, the shares of BARK Inc (NYSE:BARK) have changed 27.34%. Short interest in the company has seen 12.87 million shares shorted with days to cover at 24.3.

Wall Street analysts have a consensus price target for the stock at $3, which means that the shares’ value could jump 41.0% from current levels. The projected low price target is $2.0 while the price target rests at a high of $5.0. In that case, then, we find that the current price level is -182.49% off the targeted high while a plunge would see the stock gain -12.99% from current levels.

BARK Inc (BARK) estimates and forecasts

Figures show that BARK Inc shares have outperformed across the wider relevant industry. The company’s shares have gained 52.59% over the past 6 months, with this year growth rate of 81.82%, compared to -5.70% for the industry.

BARK Dividends

BARK Inc is expected to release its next earnings report in December this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

BARK Inc (NYSE:BARK)’s Major holders

Insiders own 24.84% of the company shares, while shares held by institutions stand at 41.42% with a share float percentage of 55.11%. Investors are also buoyed by the number of investors in a company, with BARK Inc having a total of 141.0 institutions that hold shares in the company. The top two institutional holders are BLACKROCK INC. with over 8.34 million shares worth more than $15.1 million. As of 2024-06-30, BLACKROCK INC. held 4.7063% of shares outstanding.

The other major institutional holder is FOUNDERS CIRCLE CAPITAL LLC, with the holding of over 7.94 million shares as of 2024-06-30. The firm’s total holdings are worth over $14.37 million and represent 4.4804% of shares outstanding.