In the latest session, BRC Inc (NYSE: BRCC) closed at $4.50 down -6.83% from its previous closing price of $4.83. In other words, the price has decreased by -$0.3300 from its previous closing price. On the day, 564476 shares were traded. BRCC stock price reached its highest trading level at $4.7500 during the session, while it also had its lowest trading level at $4.4800.
Ratios:
For a deeper understanding of BRC Inc’s stock, let’s take a closer look at its various ratios. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 1.06B and an Enterprise Value of 1.16B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.70 while its Price-to-Book (P/B) ratio in mrq is 22.26. Its current Enterprise Value per Revenue stands at 2.92 whereas that against EBITDA is -26.94.
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 4.2714, while the 200-Day Moving Average is calculated to be 4.0565.
Shares Statistics:
For the past three months, BRCC has traded an average of 773.85K shares per day and 603.92k over the past ten days. Shares short for BRCC as of Mar 15, 2024 were 9.27M with a Short Ratio of 12.14, compared to 7.53M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 13.98% and a Short% of Float of 17.98%.
Earnings Estimates
There are 5 different market analysts currently analyzing its stock. 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
A total of 8 analysts believe the company’s revenue will be $98.74M this quarter.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.
