In the latest trading session, 0.44 million BARK Inc (NYSE:BARK) shares changed hands as the company’s beta touched 1.92. With the company’s most recent per share price at $2.02 changing hands around $0.04 or 1.77% at last look, the market valuation stands at $350.52M. BARK’s current price is a discount, trading about -26.73% off its 52-week high of $2.56. The share price had its 52-week low at $0.79, which suggests the last value was 60.89% up since then. When we look at BARK Inc’s average trading volume, we note the 10-day average is 1.61 million shares, with the 3-month average coming to 1.10 million.
Analysts gave the BARK Inc (BARK) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.50. If we narrow down to specifics, the data shows that 0 out of 3 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended BARK as a Hold, 3 felt it is a Buy and 0 rated the stock as Underweight. BARK Inc’s EPS for the current quarter is expected to be -0.02.
BARK Inc (NYSE:BARK) trade information
Instantly BARK is in green as seen in intraday trades today. With action 1.77%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 9.51%, with the 5-day performance at 1.77% in the green. However, in the 30-day time frame, BARK Inc (NYSE:BARK) is -12.39% down. Looking at the short shares, we see there were 14.27 million shares sold at short interest cover period of 12.74 days.
The consensus price target for the stock as assigned by Wall Street analysts is 3, meaning bulls need an upside of 32.67% from its recent market value. According to analyst projections, BARK’s forecast low is 3 with 3 as the target high. To hit the forecast high, the stock’s price needs a -48.51% plunge from its current level, while the stock would need to soar -48.51% for it to hit the projected low.
BARK Inc (BARK) estimates and forecasts
Data shows that the BARK Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 15.14% over the past 6 months, a 81.82% in annual growth rate that is considerably higher than the industry average of -3.40%. Year-over-year growth is forecast to reach 1.33% up from the last financial year.
Consensus estimates given by 1 financial analysts project the company’s revenue in the current quarter to hit an average of 126.4M. 1 analysts are of the opinion that BARK Inc’s revenue for the current quarter will be 128.9M. The company’s revenue for the corresponding quarters a year ago was 125.08M and 121.48M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 1.06%. The estimates for the next quarter sales put growth at 6.11%.
The 2025 estimates are for BARK Inc earnings to increase by 78.24%.
BARK Dividends
BARK Inc is expected to release its next quarterly earnings report in February.
BARK Inc (NYSE:BARK)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 23.67% of BARK Inc shares while 41.30% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 54.11%. There are 41.30% institutions holding the BARK Inc stock share, with BLACKROCK INC. the top institutional holder. As of 2024-06-30, the company held 4.7063% of the shares, roughly 8.34 million BARK shares worth $15.1 million.
FOUNDERS CIRCLE CAPITAL LLC holds the second largest percentage of outstanding shares, with 4.4804% or 7.94 million shares worth $14.37 million as of 2024-06-30.
Among Mutual Funds, the top two as of Sep 30, 2024 were Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF. With 3.62 shares estimated at $7.3 million under it, the former controlled 2.08% of total outstanding shares. On the other hand, iShares Russell 2000 ETF held about 1.93% of the shares, roughly 3.35 shares worth around $6.77 million.
