BARK (BARK) Expected to Announce Quarterly Earnings on Wednesday

BARK (NYSE:BARK) is expected to be announcing its earnings results after the market closes on Wednesday, February 5th. Analysts expect the company to announce earnings of ($0.02) per share and revenue of $126.42 million for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

BARK Stock Performance

Shares of BARK opened at $1.86 on Tuesday. BARK has a 12 month low of $0.87 and a 12 month high of $2.56. The firm has a fifty day simple moving average of $2.03 and a 200 day simple moving average of $1.74. The stock has a market capitalization of $323.20 million, a price-to-earnings ratio of -10.32 and a beta of 1.94. The company has a current ratio of 2.42, a quick ratio of 1.49 and a debt-to-equity ratio of 0.32.

Insider Buying and Selling at BARK

In related news, Chairman Matt Meeker acquired 34,000 shares of the company’s stock in a transaction dated Monday, November 11th. The shares were bought at an average cost of $1.52 per share, with a total value of $51,680.00. Following the completion of the transaction, the chairman now directly owns 10,734,460 shares of the company’s stock, valued at $16,316,379.20. This trade represents a 0.32 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 14.80% of the company’s stock.

Analysts Set New Price Targets

BARK has been the subject of a number of recent analyst reports. Citigroup increased their price target on shares of BARK from $2.00 to $2.50 and gave the company a “buy” rating in a research note on Friday, January 3rd. Canaccord Genuity Group increased their price target on shares of BARK from $2.00 to $2.50 and gave the company a “hold” rating in a research note on Monday, December 2nd.

About BARK

BARK Inc, a dog-centric company, provides products, services, and content for dogs. It operates in two segments, Direct to Consumer and Commerce. The company serves dogs through monthly subscription services. It is also involved in the design of playstyle-specific toys, satisfying treats, personal meal plans with supplements, and dog-first experiences designed to foster health and happiness of dogs everywhere.