The price of Bellring Brands Inc (NYSE: BRBR) closed at $58.01 in the last session, down -2.68% from day before closing price of $59.61. In other words, the price has decreased by -$1.60 from its previous closing price. On the day, 1118126 shares were traded.
Ratios:
We take a closer look at BRBR’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 89.39 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 30.18. For the most recent quarter (mrq), Quick Ratio is recorded 1.71 and its Current Ratio is at 2.86.
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, Citigroup on February 01, 2024, initiated with a Buy rating and assigned the stock a target price of $67.
On January 03, 2024, Truist Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $55 to $50.
On December 08, 2023, DA Davidson started tracking the stock assigning a Neutral rating and target price of $60.DA Davidson initiated its Neutral rating on December 08, 2023, with a $60 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Feb 07 ’24 when STEIN ELLIOT JR sold 1,000 shares for $57.81 per share. The transaction valued at 57,807 led to the insider holds 24,646 shares of the business.
VITALE ROBERT V sold 15,000 shares of BRBR for $537,261 on May 11 ’23. The EXECUTIVE CHAIRMAN now owns 230,054 shares after completing the transaction at $35.82 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 7.60B and an Enterprise Value of 8.35B. As of this moment, Bellring’s Price-to-Earnings (P/E) ratio for their current fiscal year is 46.87, and their Forward P/E ratio for the next fiscal year is 30.05. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.51. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.38. Its current Enterprise Value per Revenue stands at 4.81 whereas that against EBITDA is 25.23.
Stock Price History:
Over the past 52 weeks, BRBR has reached a high of $62.76, while it has fallen to a 52-week low of $33.33. The 50-Day Moving Average of the stock is 58.12, while the 200-Day Moving Average is calculated to be 47.81.
Shares Statistics:
According to the various share statistics, BRBR traded on average about 1.29M shares per day over the past 3-months and 1M shares per day over the past 10 days. A total of 131.25M shares are outstanding, with a floating share count of 129.84M. Insiders hold about 0.87% of the company’s shares, while institutions hold 95.74% stake in the company. Shares short for BRBR as of Mar 15, 2024 were 3.49M with a Short Ratio of 2.69, compared to 2.52M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.66% and a Short% of Float of 3.43%.
Earnings Estimates
The company has 11 analysts who recommend its stock at the moment. On average, analysts expect EPS of $0.33 for the current quarter, with a high estimate of $0.36 and a low estimate of $0.31, while EPS last year was $0.24. The consensus estimate for the next quarter is $0.43, with high estimates of $0.46 and low estimates of $0.36.
Analysts are recommending an EPS of between $1.77 and $1.54 for the fiscal current year, implying an average EPS of $1.66. EPS for the following year is $1.93, with 12 analysts recommending between $2.13 and $1.77.
Revenue Estimates
A total of 13 analysts have provided revenue estimates for BRBR’s current fiscal year. The highest revenue estimate was $1.95B, while the lowest revenue estimate was $1.88B, resulting in an average revenue estimate of $1.92B. In the same quarter a year ago, actual revenue was $1.67B, up 15.40% from the average estimate. Based on 13 analysts’ estimates, the company’s revenue will be $2.14B in the next fiscal year. The high estimate is $2.22B and the low estimate is $1.97B. The average revenue growth estimate for next year is up 11.10% from the average revenue estimate for this year.
