Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
After finishing at $75.20 in the prior trading day, Bellring Brands Inc (NYSE: BRBR) closed at $72.86, down -3.11%. In other words, the price has decreased by -$3.11 from its previous closing price. On the day, 1.22 million shares were traded. BRBR stock price reached its highest trading level at $74.476 during the session, while it also had its lowest trading level at $72.81.
Ratios:
Our goal is to gain a better understanding of BRBR by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 133.25 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 47.90. For the most recent quarter (mrq), Quick Ratio is recorded 1.51 and its Current Ratio is at 2.91.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Deutsche Bank on May 23, 2024, initiated with a Buy rating and assigned the stock a target price of $67.
On April 22, 2024, TD Cowen started tracking the stock assigning a Buy rating and target price of $64.
On February 01, 2024, Citigroup started tracking the stock assigning a Buy rating and target price of $67.Citigroup initiated its Buy rating on February 01, 2024, with a $67 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on May 14 ’24 when VITALE ROBERT V sold 15,000 shares for $60.15 per share. The transaction valued at 902,184 led to the insider holds 215,054 shares of the business.
STEIN ELLIOT JR sold 1,000 shares of BRBR for $57,807 on Feb 07 ’24. The Director now owns 24,646 shares after completing the transaction at $57.81 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BRBR now has a Market Capitalization of 9698977792 and an Enterprise Value of 10252795904. As of this moment, Bellring’s Price-to-Earnings (P/E) ratio for their current fiscal year is 39.07, and their Forward P/E ratio for the next fiscal year is 29.00. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.79. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.75. Its current Enterprise Value per Revenue stands at 5.36 whereas that against EBITDA is 25.716.
Stock Price History:
The Beta on a monthly basis for BRBR is 0.86, which has changed by 0.43020165 over the last 52 weeks, in comparison to a change of 0.24933672 over the same period for the S&P500. Over the past 52 weeks, BRBR has reached a high of $79.90, while it has fallen to a 52-week low of $48.06. The 50-Day Moving Average of the stock is -1.25%, while the 200-Day Moving Average is calculated to be 18.59%.
Shares Statistics:
The stock has traded on average 930.42K shares per day over the past 3-months and 837390 shares per day over the last 10 days, according to various share statistics. A total of 128.80M shares are outstanding, with a floating share count of 127.69M. Insiders hold about 0.99% of the company’s shares, while institutions hold 94.29% stake in the company. Shares short for BRBR as of 1730332800 were 1677181 with a Short Ratio of 1.84, compared to 1727654400 on 2289278. Therefore, it implies a Short% of Shares Outstanding of 1677181 and a Short% of Float of 1.68.
