BARK (BARK) to Release Earnings on Thursday

BARK (NYSE:BARK – Get Rating) will issue its quarterly earnings data after the market closes on Thursday, June 1st. Analysts expect the company to announce earnings of ($0.03) per share for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

BARK Price Performance

BARK stock opened at $1.22 on Thursday. The company has a fifty day simple moving average of $1.19 and a 200-day simple moving average of $1.47. The firm has a market capitalization of $216.76 million, a price-to-earnings ratio of -2.54 and a beta of 1.51. The company has a quick ratio of 1.82, a current ratio of 3.32 and a debt-to-equity ratio of 0.45. BARK has a 52-week low of $1.00 and a 52-week high of $2.75.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the company. Canaccord Genuity Group lowered their target price on BARK from $5.00 to $4.00 and set a “buy” rating on the stock in a report on Friday, February 10th. Citigroup cut their target price on BARK from $2.50 to $2.20 and set a “buy” rating for the company in a research note on Monday, February 13th. Finally, Lake Street Capital lowered their price target on shares of BARK from $5.00 to $4.00 in a research report on Friday, February 10th.

Hedge Funds Weigh In On BARK

Hedge funds have recently bought and sold shares of the company. Two Sigma Securities LLC purchased a new stake in BARK during the 1st quarter worth about $27,000. Two Sigma Advisers LP acquired a new stake in shares of BARK during the 1st quarter worth about $28,000. Cubist Systematic Strategies LLC lifted its stake in BARK by 121.6% during the first quarter. Cubist Systematic Strategies LLC now owns 20,030 shares of the company’s stock worth $29,000 after purchasing an additional 10,990 shares during the last quarter. Creative Planning purchased a new stake in shares of BARK during the 4th quarter worth approximately $30,000. Finally, American International Group Inc. acquired a new position in shares of BARK in the 2nd quarter valued at $31,000. Institutional investors and hedge funds own 29.08% of the company’s stock.

BARK Company Profile

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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.