Analysts Estimate Report : What to Look Out for Berry Petroleum (NASDAQ:BRY)

Earnings results for Berry Petroleum (NASDAQ:BRY)

Berry Corporation (bry) is expected* to report earnings on 02/23/2021 after market close. The report will be for the fiscal Quarter ending Dec 2020. According to Zacks Investment Research, based on 4 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.15. The reported EPS for the same quarter last year was $0.41.

Analyst Opinion on Berry Petroleum (NASDAQ:BRY)

4 Wall Street analysts have issued ratings and price targets for Berry Petroleum in the last 12 months. Their average twelve-month price target is $5.17, predicting that the stock has a possible upside of 11.59%. The high price target for BRY is $7.00 and the low price target for BRY is $3.50. There are currently 1 sell rating, 2 hold ratings and 1 buy rating for the stock, resulting in a consensus rating of “Hold.”

Berry Petroleum has received a consensus rating of Hold. The company’s average rating score is 2.00, and is based on 1 buy rating, 2 hold ratings, and 1 sell rating. According to analysts’ consensus price target of $5.17, Berry Petroleum has a forecasted upside of 11.6% from its current price of $4.63. Berry Petroleum has only been the subject of 1 research reports in the past 90 days.

Dividend Strength: Berry Petroleum (NASDAQ:BRY)

Berry Petroleum does not currently pay a dividend. Berry Petroleum does not have a long track record of dividend growth.

Insiders buying/selling: Berry Petroleum (NASDAQ:BRY)

In the past three months, Berry Petroleum insiders have not sold or bought any company stock. Only 1.00% of the stock of Berry Petroleum is held by insiders. 91.49% of the stock of Berry Petroleum is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of Berry Petroleum (NASDAQ:BRY

Earnings for Berry Petroleum are expected to decrease in the coming year, from $0.59 to ($0.33) per share. The P/E ratio of Berry Petroleum is -1.79, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Berry Petroleum is -1.79, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Berry Petroleum has a P/B Ratio of 0.39. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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