Daily Market Movement: Bellring Brands Inc (BRBR) Sees a -0.17 Decrease, Closing at 54.23

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The closing price of Bellring Brands Inc (NYSE: BRBR) was $54.23 for the day, down -0.17% from the previous closing price of $54.32. In other words, the price has decreased by -$0.17 from its previous closing price. On the day, 0.93 million shares were traded. BRBR stock price reached its highest trading level at $55.34 during the session, while it also had its lowest trading level at $54.15.

Ratios:

Our analysis of BRBR’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 83.57 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 28.21. 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:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 7102991360 and an Enterprise Value of 7857496576. As of this moment, Bellring’s Price-to-Earnings (P/E) ratio for their current fiscal year is 43.81, and their Forward P/E ratio for the next fiscal year is 28.10. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.34. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.10. Its current Enterprise Value per Revenue stands at 4.53 whereas that against EBITDA is 23.71.

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 $34.48. The 50-Day Moving Average of the stock is -6.71%, while the 200-Day Moving Average is calculated to be 12.24%.

Shares Statistics:

BRBR traded an average of 1.22M shares per day over the past three months and 940230 shares per day over the past ten 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 1711584000 were 3793318 with a Short Ratio of 3.11, compared to 1709164800 on 2698246. Therefore, it implies a Short% of Shares Outstanding of 3793318 and a Short% of Float of 3.73.

Earnings Estimates

The stock of Bellring Brands Inc (BRBR) is currently in the spotlight, with BlackRock Total Return ETF analysts actively rating and assessing its market standing.The consensus estimate for the next quarter is $78.56, with high estimates of $1.60 and low estimates of $5.12.

Analysts are recommending an EPS of between $Industrials and $Financial Services for the fiscal current year, implying an average EPS of $Healthcare.

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