The price of BRC Inc (NYSE: BRCC) closed at $4.29 in the last session, down -5.30% from day before closing price of $4.53. In other words, the price has decreased by -$0.2400 from its previous closing price. On the day, 1223349 shares were traded.
Ratios:
We take a closer look at BRCC’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.61 and its Current Ratio is at 1.28. In the meantime, Its Debt-to-Equity ratio is 8.25 whereas as Long-Term Debt/Eq ratio is at 7.89.
On May 26, 2022, Tigress Financial started tracking the stock assigning a Buy rating and target price of $17.Tigress Financial initiated its Buy rating on May 26, 2022, with a $17 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 Dec 11 ’23 when Welling Glenn W. bought 200,000 shares for $3.85 per share. The transaction valued at 770,000 led to the insider holds 12,851,018 shares of the business.
DAVIN THOMAS E sold 300,000 shares of BRCC for $1,155,000 on Dec 11 ’23. The Co-Chief Executive Officer now owns 16,597 shares after completing the transaction at $3.85 per share. On Dec 11 ’23, another insider, DAVIN THOMAS E, who serves as the Co-Chief Executive Officer of the company, sold 100,000 shares for $3.85 each. As a result, the insider received 385,000 and left with 0 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BRCC now has a Market Capitalization of 941.61M and an Enterprise Value of 1.04B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.66 while its Price-to-Book (P/B) ratio in mrq is 21.22. Its current Enterprise Value per Revenue stands at 2.62 whereas that against EBITDA is -24.18.
Stock Price History:
Over the past 52 weeks, BRCC has reached a high of $5.85, while it has fallen to a 52-week low of $2.51. The 50-Day Moving Average of the stock is 4.1682, while the 200-Day Moving Average is calculated to be 4.1108.
Shares Statistics:
According to the various share statistics, BRCC traded on average about 732.38K shares per day over the past 3-months and 1.26M shares per day over the past 10 days. Shares short for BRCC as of Feb 29, 2024 were 8.73M with a Short Ratio of 11.92, compared to 7.07M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 13.17% and a Short% of Float of 19.71%.
Earnings Estimates
The company has 5 analysts who recommend its stock at the moment. On average, analysts expect EPS of -$0.04 for the current quarter, with a high estimate of -$0.01 and a low estimate of -$0.11, while EPS last year was -$0.08. The consensus estimate for the next quarter is -$0.02, with high estimates of $0 and low estimates of -$0.05.
Analysts are recommending an EPS of between $0.04 and -$0.12 for the fiscal current year, implying an average EPS of -$0.02. EPS for the following year is $0.06, with 3 analysts recommending between $0.08 and $0.04.
Revenue Estimates
According to 8 analysts, the current quarter’s revenue is expected to be $98.74M. It ranges from a high estimate of $104.2M to a low estimate of $90.6M. As of the current estimate, BRC Inc’s year-ago sales were $83.49M, an estimated increase of 18.30% from the year-ago figure. For the next quarter, 8 analysts are estimating revenue of $106.07M, an increase of 15.40% less than the figure of $18.30% in the same quarter last year. There is a high estimate of $109.98M for the next quarter, whereas the lowest estimate is $100.73M.
A total of 8 analysts have provided revenue estimates for BRCC’s current fiscal year. The highest revenue estimate was $456M, while the lowest revenue estimate was $437.2M, resulting in an average revenue estimate of $446.1M. In the same quarter a year ago, actual revenue was $395.62M, up 12.80% from the average estimate. Based on 5 analysts’ estimates, the company’s revenue will be $496.6M in the next fiscal year. The high estimate is $537.25M and the low estimate is $460.4M. The average revenue growth estimate for next year is up 11.30% from the average revenue estimate for this year.
