In the last trading session, 1.37 million shares of the BARK Inc (NYSE:BARK) were traded, and its beta was 1.94. Most recently the company’s share price was $1.98, and it changed around $0.17 or 9.39% from the last close, which brings the market valuation of the company to $346.34M. BARK currently trades at a discount to its 52-week high of $2.56, offering almost -29.29% off that amount. The share price’s 52-week low was $0.90, which indicates that the current value has risen by an impressive 54.55% since then. We note from BARK Inc’s average daily trading volume that its 10-day average is 0.81 million shares, with the 3-month average coming to 1.18 million.
BARK Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.50. If we narrow it down even further, the data shows that 0 out of 4 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 1 recommended BARK as a Hold, whereas 3 deemed it a Buy, and 0 rated it as Underweight. BARK Inc is expected to report earnings per share of 0.0 for the current quarter.
BARK Inc (NYSE:BARK) trade information
Instantly BARK has showed a green trend with a performance of 9.39% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 2.0000 on recent trading dayincreased the stock’s daily price by 1.0%. The company’s shares are currently up 7.61% year-to-date, but still up 6.45% over the last five days. On the other hand, BARK Inc (NYSE:BARK) is -12.39% down in the 30-day period. We can see from the shorts that 15.42 million shares have been sold at a short interest cover period of 11.98 day(s).
The consensus price target as assigned by Wall Street analysts is $3, which translates to bulls needing to increase their stock price by 34.0% from its current value. Analyst projections state that BARK is forecast to be at a low of $3 and a high of $3.
BARK Inc (BARK) estimates and forecasts
The year-over-year growth rate is expected to be 1.10%, up from the previous year.
Consensus estimates provided by 4 financial analysts predict the company will bring in an average of 126.74M in revenue for the current quarter. 1 analysts expect BARK Inc to make 123.2M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 121.48M and 116.21M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 4.33%. Forecasts for the next quarter put sales growth at 6.01%.
BARK Dividends
BARK Inc’s next quarterly earnings report is expected to be released in March.
BARK Inc (NYSE:BARK)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 23.67% of BARK Inc shares, and 41.28% of them are in the hands of institutional investors. The stock currently has a share float of 54.07%. BARK Inc stock is held by 140.0 institutions, with BLACKROCK INC. being the largest institutional investor. By 2024-06-30, it held 4.7063% of the shares, which is about 8.34 million shares worth $15.1 million.
FOUNDERS CIRCLE CAPITAL LLC, with 4.4804% or 7.94 million shares worth $14.37 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
iShares Russell 2000 ETF and Vanguard Total Stock Market Index Fund were the top two Mutual Funds as of Nov 30, 2024 . The former held 3.63 shares worth $7.2 million, making up 2.08% of all outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held roughly 3.62 shares worth around $7.16 million, which represents about 2.07% of the total shares outstanding.
