BARK Inc [BARK] stock prices are down -10.62% to $2.02 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The BARK shares have gain 6.88% over the last week, with a monthly amount drifted -15.83%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
BARK Inc [NYSE: BARK] stock has seen the most recent analyst activity on March 05, 2024, when Jefferies upgraded its rating to a Buy and also boosted its price target to $1.90 from $1.54. Previously, Jefferies started tracking the stock with Hold rating on December 19, 2023, and set its price target to $1.34. On November 09, 2023, downgrade downgraded it’s rating to Hold and revised its price target to $1.50 on the stock. Citigroup started tracking the stock assigning a Buy rating and suggested a price target of $2 on December 13, 2022. Lake Street initiated its recommendation with a Buy and recommended $5 as its price target on December 08, 2022. In a note dated June 14, 2021, Canaccord Genuity initiated an Buy rating and provided a target price of $16 on this stock.
The stock price of BARK Inc [BARK] has been fluctuating between $0.78 and $2.56 over the past year. Currently, Wall Street analysts expect the stock to reach $3 within the next 12 months. BARK Inc [NYSE: BARK] shares were valued at $2.02 at the most recent close of the market. An investor can expect a potential return of 48.51% based on the average BARK price forecast.
Analyzing the BARK fundamentals
The BARK Inc [NYSE:BARK] reported sales of 488.88M for trailing twelve months, representing a surge of 2.50%. Gross Profit Margin for this corporation currently stands at 0.61% with Operating Profit Margin at -0.08%, Pretax Profit Margin comes in at -0.06%, and Net Profit Margin reading is -0.06%. To continue investigating profitability, this company’s Return on Assets is posted at -0.1, Equity is -0.23 and Total Capital is -0.18. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.32.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.92 points at the first support level, and at 1.81 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.22, and for the 2nd resistance point, it is at 2.41.
Ratios To Look Out For
It’s worth pointing out that BARK Inc [NYSE:BARK]’s Current Ratio is 2.42. Further, the Quick Ratio stands at 1.49, while the Cash Ratio is 1.2. Considering the valuation of this stock, the price to sales ratio is 0.72, the price to book ratio is 2.85.
Transactions by insiders
Recent insider trading involved Meeker Matt, Executive Chairman, that happened on Nov 11 ’24 when 34000.0 shares were purchased. Director, Werdelin Henrik completed a deal on Aug 27 ’24 to sell 100000.0 shares. Meanwhile, Director Werdelin Henrik bought 100000.0 shares on Aug 27 ’24.
