BRC Inc (NYSE: BRCC) closed the day trading at $4.04 up 3.32% from the previous closing price of $3.91. In other words, the price has increased by $+0.1300 from its previous closing price. On the day, 607578 shares were traded.
Ratios:
For a better understanding of BRCC, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.63 and its Current Ratio is at 1.86. In the meantime, Its Debt-to-Equity ratio is 5.12 whereas as Long-Term Debt/Eq ratio is at 4.91.
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:
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 Dec 11 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. The Co-Chief Executive Officer now owns 16,597 shares after completing the transaction at $3.85 per share. On Dec 11, 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 877.50M and an Enterprise Value of 980.66M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.67 while its Price-to-Book (P/B) ratio in mrq is 11.97. Its current Enterprise Value per Revenue stands at 2.65 whereas that against EBITDA is -19.36.
Stock Price History:
Over the past 52 weeks, BRCC has reached a high of $7.19, while it has fallen to a 52-week low of $2.51. The 50-Day Moving Average of the stock is 3.9390, while the 200-Day Moving Average is calculated to be 4.2092.
Shares Statistics:
Over the past 3-months, BRCC traded about 580.61K shares per day on average, while over the past 10 days, BRCC traded about 825.75k shares per day. A total of 61.28M shares are outstanding, with a floating share count of 60.80M. Insiders hold about 0.78% of the company’s shares, while institutions hold 56.39% stake in the company. Shares short for BRCC as of Jan 31, 2024 were 7.07M with a Short Ratio of 12.18, compared to 7.23M on Dec 29, 2023. Therefore, it implies a Short% of Shares Outstanding of 11.05% and a Short% of Float of 16.83%.
Earnings Estimates
Current recommendations for the stock of the company come from 6 analysts. On average, analysts expect EPS of -$0.01 for the current quarter, with a high estimate of $0.04 and a low estimate of -$0.09, while EPS last year was -$0.09. The consensus estimate for the next quarter is -$0.02, with high estimates of $0.01 and low estimates of -$0.05.
Analysts are recommending an EPS of between -$0.16 and -$0.29 for the fiscal current year, implying an average EPS of -$0.21. EPS for the following year is $0.11, with 5 analysts recommending between $0.37 and -$0.04.
Revenue Estimates
8 analysts predict $123.75M in revenue for the current quarter. It ranges from a high estimate of $125.25M to a low estimate of $119.2M. As of the current estimate, BRC Inc’s year-ago sales were $93.62M, an estimated increase of 32.20% from the year-ago figure. For the next quarter, 7 analysts are estimating revenue of $107.24M, an increase of 28.40% less than the figure of $32.20% in the same quarter last year. There is a high estimate of $119.95M for the next quarter, whereas the lowest estimate is $96.7M.
A total of 8 analysts have provided revenue estimates for BRCC’s current fiscal year. The highest revenue estimate was $401.22M, while the lowest revenue estimate was $395.2M, resulting in an average revenue estimate of $399.72M. In the same quarter a year ago, actual revenue was $301.31M, up 32.70% from the average estimate. Based on 8 analysts’ estimates, the company’s revenue will be $477.64M in the next fiscal year. The high estimate is $506.52M and the low estimate is $427.9M. The average revenue growth estimate for next year is up 19.50% from the average revenue estimate for this year.
