BARK Inc (NYSE:BARK)’s traded shares stood at 1.09 million during the last session, with the company’s beta value hitting 1.92. At the close of trading, the stock’s price was $2.14, to imply a decrease of -2.28% or -$0.05 in intraday trading. The BARK share’s 52-week high remains $2.25, putting it -5.14% down since that peak but still an impressive 67.29% since price per share fell to its 52-week low of $0.70. The company has a valuation of $372.26M, with an average of 1.43 million shares in intraday trading volume over the past 10 days and average of 732.49K shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for BARK Inc (BARK), translating to a mean rating of 1.50. Of 3 analyst(s) looking at the stock, 0 analyst(s) give BARK a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 3 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.02.
BARK Inc (NYSE:BARK) trade information
After registering a -2.28% downside in the last session, BARK Inc (BARK) has traded red over the past five days. The 5-day price performance for the stock is 2.39%, and 52.86% over 30 days. With these gigs, the year-to-date price performance is 165.67%. Short interest in BARK Inc (NYSE:BARK) saw shorts transact 12.63 million shares and set a 17.6 days time to cover.
The extremes give us $3 and $3 for target low and target high price respectively. As such, BARK has been trading -40.19% off suggested target high and -40.19% from its likely low.
BARK Inc (BARK) estimates and forecasts
Looking at statistics comparing BARK Inc share performance against respective industry, we note that the company has outperformed competitors. BARK Inc (BARK) shares are 50.70% up over the last 6 months, with its year-to-date growth rate higher than industry average at 81.82% against -4.40%. The rating firms project that company’s revenue will grow 1.19% compared to the previous financial year.
Revenue forecast for the current quarter as set by 3 analysts is 124.76M. Meanwhile, for the current quarter, a total of 3 analyst(s) estimate revenue growth to 127.79M.Earnings reports from the last fiscal year show that sales brought in 125.08M and 121.48M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -0.25% before jumping 5.19% in the following quarter.
BARK Dividends
BARK Inc has its next earnings report out in January. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
BARK Inc (NYSE:BARK)’s Major holders
BARK Inc insiders hold 24.84% of total outstanding shares, with institutional holders owning 41.42% of the shares at 55.11% float percentage. In total, 41.42% institutions holds shares in the company, led by BLACKROCK INC.. As of 2024-06-30, the company held over 8.34 million shares (or 4.7063% of shares), all amounting to roughly $15.1 million.
The next major institution holding the largest number of shares is FOUNDERS CIRCLE CAPITAL LLC with 7.94 million shares, or about 4.4804% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $14.37 million.
