Berry Corp (BRY) Clearly Signals Buy-Into the Stock: Don’t ignore the signals

With 1.11 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.0 million shares. The 52-week range on BRY shows that it touched its highest point at $8.83 and its lowest point at $6.14 during that stretch. It currently has a 1-year price target of $8.80. With its current market cap of 563.74 million, BRY has annualized dividend of $0.42 while the current yield stands at 5.58%. Beta for the stock currently stands at 1.79.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of BRY was up-trending over the past week, with a rise of 7.66%, but this was up by 14.26% over a month. Three-month performance surged to 7.04% while six-month performance fell -8.11%. The stock lost -10.43% in the past year, while it has gained 5.97% so far this year. A look at the trailing 12-month EPS for BRY yields 0.46 with Next year EPS estimates of 0.79. For the next quarter, that number is 0.17. This implies an EPS growth rate of 44.90% for this year and 7.08% for next year. EPS is expected to grow by 15.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -10.69%.

Float and Shares Shorts:

At present, 75.67 million BRY shares are outstanding with a float of 73.11 million shares on hand for trading. On Feb 29, 2024, short shares totaled 3.23 million, which was 4.23% higher than short shares on Jan 31, 2024. In addition to BRNY as the firm’s Burney U.S. Factor Rotation ETF, BMY serves as its Bristol-Myers Squibb Company.

Institutional Ownership:

Through their ownership of 97.55% of BRY’s outstanding shares, institutional investors have majority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for BRY since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.

Dividends & Yield:

In terms of dividends, BRY has a current ratio of $0.97, which is $0.97 over the trailing 12-months, while a dividend of $– is likely to be paid on average over the next five years. Dividend yield is another indicator that appeals to many investors, and BRY currently yields $13.25. In the past year, BRY’s dividend yield has been $13.25, but when looking at the stock over the past five years, its yield has been $3.40. Accordingly, BRY has a current buyback yield of $1.79. This was $1.79 for the TTM, and it was $1.37 for the past five years.