Barnwell stock: buy or sell?

BRN stock price: $0.92 1.10% At close on February 21st, 2020

Updated on:
February 21st, 2020

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Barnwell Industries shares raised 1.10% to $0.92 today. On February 19th BRN collapsed a frightening -11.58%. On Feb/12 BRN skyrocketed an astounding 5.11%.

Barnwell Industries, Inc., through its subsidiaries, acquires, develops, produces, and sells oil and natural gas in Canada.

Should I buy Barnwell stock?

Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. Following a trading strategy helps to make decisions easier, quicker and with less hesitations. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

None of our preferred buy setups matches with Barnwell stock situation right now, therefore this is not a suitable entry point.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean BRN will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

Is Barnwell Industries stock a buy?

Banks and financial institutions publish stock ratings everyday. Unfortunately, we couldn't detect any rating for BRN stock for the last month.

Barnwell stock analysis

Daily outlook

Barnwell Industries shares raised 1.10% to $0.92 today.

Barnwell raised a decent 1.10% and closed at $0.92. Since price and SMA200d lines crossed down on January 30th, BRN fell $-0.02 per share (-2.13%). Since SMA50d and SMA100d crossed up on January/9, BRN price slid a -18.58%.

BRN stock chart (daily)

Weekly outlook

After boosting a super good 13.21% in a week last week, Barnwell Industries closed this week at $0.92 and plummed a hair-raising -13.21%.

Barnwell Industries stock is trading in the range of its last top and last bottom. Loosing would mean breaking the current uptrend. Breakdowns under last bottom are selling point signals for some trading strategies. Since price and SMA40w lines crossed up by mid December 2019, BRN climbed $0.19 (26.03%). Since SMA10w and SMA20w crossed up late December 2019, BRN price slid a -7.07%.

BRN stock chart (weekly)

Barnwell stock price history

Barnwell stock historical price chart

BRN stock reached 52-week highs on February/11 at $2.68, and all-time highs 2005-11-15 with a price of 27.17.

Barnwell stock price target

How much a stock will be priced tomorrow or next week is quite unpredictable However, many stock price predictions are published every day by banks, financial institutions and independent analysts. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last 30 days we have not detected any price prediction for Barnwell stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

, when Barnwell presented its last earnings report, it . Unfortunately, reported EPS is not yet available in our database.
BRN earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/a-0.07n/a
2017-Q2-n/a-0.1n/a
2017-Q32017-12-21n/an/an/a
2017-Q42018-02-12n/an/an/a
2018-Q12018-05-14n/a0.08n/a
2018-Q22018-08-10n/a-0.05n/a
2018-Q32018-12-19n/a-0.13n/a
2018-Q42019-02-13n/a-0.56n/a
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

In 2018, Barnwell annual revenues collapsed a frightening -28.10% to $9.37 M dollars from $13.03 marked in 2017. When comparing 2018 vs 2017, aligned with this, profit margin (that is, the net income divided by revenues) collapsed a -27.88% to -18.89%.

To have an up to date view of the financial situation of Barnwell Industries, we have calculated the trailing twelve month (TTM) sales and income figures. TTM values are the sum of the last 4 quarters and aproximate to an annual fiscal report ending in 2018-Q4 that can be compared to 2018 fiscal year results. Annual Barnwell Industries TTM sales up to December 2018 were $10.11 and income was $-5.35 million dollars. When comparing this TTM figures with the last reported annuality, we can review Barnwell Industries business evolution since September 2018: Annual turnover up to December, compared to lastest yearly report, soared a more than good 7.89%. Nonetheless, profit margin (net income/sales) plunged at -18.89%.

BRN annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$25 M-$-8.56 M-34.8%-
2014$31 M27.77%$0.67 M2.1%-107.85%
2015$18 M-44.24%$1.26 M7.2%87.95%
2016$13 M-24.22%$-3.62 M-27.2%-386.22%
2017$13 M-1.93%$1.17 M9.0%-132.39%
2018$9.37 M-28.10%$-1.77 M-18.9%-251.15%
TTM $10 M7.89%$-5.35 M-53.0%202.43%

Quarterly financial results

Barnwell Industries posted $2.60 M in sales for 2018-Q4, a 9.54% up compared to previous quarter. Reported quarter earnings marked $-4.60 M with a profit margin of -177.26%. Profit margin plunged a -132.60% compared to previous quarter when profit margin was -44.66%. When comparing revenues to same quarter last year, Barnwell sales marked a super good increase and skyrocketed a 39.82%.
BRN quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q1$3 M-$-0.62 M-20.3%-
2017-Q2$1 M-55.78%$-0.51 M-38.2%-16.75%
2017-Q3$4 M226.19%$0.66 M15.0%-228.32%
2017-Q4$2 M-57.54%$-1.02 M-54.8%-254.79%
2018-Q1$2 M6.41%$0.68 M34.4%-166.76%
2018-Q2$3 M60.41%$-0.37 M-11.8%-155.08%
2018-Q3$2 M-25.22%$-1.06 M-44.7%182.89%
2018-Q4$3 M9.54%$-4.60 M-177.3%334.78%

Barnwell ownership

When you are planning to buy a stock, it's worth to check its ownership structure.

Barnwell shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 53.58% of all shares.

Bearish positions for BRN stock account 0.00%, no big difference from last month.

The following table compares ownership indicators for other stocks related to Barnwell:

BRN
Market cap$7.6 M
Total shares8.3 M
Float shares2.9 M
  - Institutional holdings (%)275.9%
  - Insider holdings (%)53.6%
Shares in short selling0.0%

Barnwell summary

Friday, February 21st, 2020
Open$0.91
Close$0.92
Day range$0.85 - $0.92
Previous close$0.91
Session gain1.10%
Average true range$0.25
50d mov avg$0.99
100d mov avg$0.72
200d mov avg$0.89
Daily pattern
Weekly pattern lt06a

Barnwell performance

To measure stock performance is always good to benchmark with competitors or related stocks. We picked as the bechmarking frame for Barnwell stock.
Stock3m6m12m
BRNBarnwell Industri...148.65%21.05%-30.30%

Barnwell competitors

Unfortunately, we could not find any public company that could be defined as Barnwell competitor. This doesn't mean Barnwell does not have any competitor in the market, it's just we could not detected it.