BARK Inc (BARK) – Mismatched value: Check Out the Fundamental Analysis

Stocks of BARK Inc (NYSE:BARK) traded higher last session on Wall Street, down -10.50% to $0.80.

According to the data, BARK Inc (NYSE:BARK) has 3 analysts covering its stock. The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $3.00 and a low of $1.20, we find $1.50. Given the previous closing price of $0.89, this indicates a potential upside of 68.54 percent. BARK stock price is now -34.60% away from the 50-day moving average and -39.21% away from the 200-day moving average. The market capitalization of the company currently stands at $143.10M.

A total of 1 analysts have issued a hold rating and 2 have given it a buy rating. Brokers who have rated the stock have averaged $1.90 as their price target over the next twelve months.

With the price target reduced from $3.50 to $1.50, Canaccord Genuity Downgraded its rating from Buy to Hold for BARK Inc (NYSE: BARK).

In other news, Kamenetzky David, Director sold 82,933 shares of the company’s stock on Sep 12. The stock was sold for $132,859 at an average price of $1.60. Upon completion of the transaction, the Director now directly owns 0 shares in the company, valued at $0.0. An SEC document containing details of the transaction can be found on the SEC’s website. On Sep 11, Director Kamenetzky David sold 83,000 shares of the business’s stock. A total of $132,435 was realized by selling the stock at an average price of $1.60. This leaves the insider owning 82,933 shares of the company worth $66346.4. Insiders disposed of 2,424,397 shares of company stock worth roughly $1.94 million over the past 1 year. A total of 41.18% of the company’s stock is owned by insiders.

Thursday’s opening bell rang with an opening price of $0.9001 for BARK Inc (NYSE: BARK). During the past 12 months, BARK Inc has had a low of $0.85 and a high of $2.29. As of last week, the company has a debt-to-equity ratio of 0.82, a current ratio of 3.56, and a quick ratio of 2.16. The fifty day moving average price for BARK is $1.2233 and a two-hundred day moving average price translates $1.3161 for the stock.

The latest earnings results from BARK Inc (NYSE: BARK) was released for Sep, 2023. According to the Specialty Retail Company, earnings per share came in at -$0.05, beating analysts’ expectations of -$0.08 by 0.03. This compares to -$0.06 EPS in the same period last year. The net profit margin was -11.01% and return on equity was -31.39% for BARK. The company reported revenue of $123.04 million for the quarter, compared to $143.81 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -14.45 percent. For the current quarter, analysts expect BARK to generate $124.05M in revenue.

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