A share price of Berry Corp [BRY] is currently trading at $4.42, up 1.38%. 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 BRY shares have gain 3.03% over the last week, with a monthly amount drifted -9.98%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Berry Corp [NASDAQ: BRY] stock has seen the most recent analyst activity on August 14, 2023, when Piper Sandler downgraded its rating to a Neutral but kept the price target unchanged to $9 for it. Previously, Jefferies downgraded its rating to Hold on July 17, 2023, and dropped its price target to $8. On October 19, 2022, Jefferies initiated with a Buy rating and assigned a price target of $10 on the stock. Piper Sandler upgraded its rating to a Overweight and increased its price target to $14 on April 07, 2022. KeyBanc Capital Markets upgraded its rating to a Overweight but $9 remained the price target by the analyst firm on April 14, 2021. Johnson Rice upgraded its rating to Buy for this stock on March 09, 2021. In a note dated December 16, 2020, Wells Fargo downgraded an Underweight rating on this stock but restated the target price of $5.
Berry Corp experienced fluctuations in its stock price throughout the past year between $3.72 and $8.80. Currently, Wall Street analysts expect the stock to reach $7 within the next 12 months. Berry Corp [NASDAQ: BRY] shares were valued at $4.42 at the most recent close of the market. An investor can expect a potential return of 58.37% based on the average BRY price forecast.
Analyzing the BRY fundamentals
Trailing Twelve Months sales for Berry Corp [NASDAQ:BRY] were 862.73M which represents -52.11% decline. Gross Profit Margin for this corporation currently stands at 0.43% with Operating Profit Margin at 0.25%, Pretax Profit Margin comes in at 0.13%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.12 and Total Capital is 0.17. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.55.
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 4.35 points at the first support level, and at 4.28 for the second support level. However, for the 1st resistance point, the stock is sitting at 4.46, and for the 2nd resistance point, it is at 4.50.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Berry Corp [NASDAQ:BRY] is 0.80. Further, the Quick Ratio stands at 0.70, while the Cash Ratio is 0.06. Considering the valuation of this stock, the price to sales ratio is 0.39, the price to book ratio is 0.46 and price to earnings (TTM) ratio is 4.11.
Transactions by insiders
Recent insider trading involved Araujo Fernando, Chief Executive Officer, that happened on Aug 23 ’24 when 33950.0 shares were sold. Officer, FERNANDO G. ARAUJO completed a deal on Aug 23 ’24 to buy 33950.0 shares.
