The stock of Bellring Brands Inc (BRBR) has seen a 4.77% increase in the past week, with a 12.43% gain in the past month, and a 18.90% flourish in the past quarter. The volatility ratio for the week is 2.50%, and the volatility levels for the past 30 days are at 2.31% for BRBR. The simple moving average for the last 20 days is 7.99% for BRBR’s stock, with a simple moving average of 30.72% for the last 200 days.
Is It Worth Investing in Bellring Brands Inc (NYSE: BRBR) Right Now?
The price-to-earnings ratio for Bellring Brands Inc (NYSE: BRBR) is above average at 39.22x, while the 36-month beta value is 0.76.Analysts have differing opinions on the stock, with 10 analysts rating it as a “buy,” 1 as “overweight,” 1 as “hold,” and 0 as “sell.”
The average price point forecasted by analysts for Bellring Brands Inc (BRBR) is $47.50, which is -$1.56 below the current market price. The public float for BRBR is 130.30M, and currently, short sellers hold a 2.73% ratio of that floaft. The average trading volume of BRBR on November 21, 2023 was 1.07M shares.
BRBR) stock’s latest price update
Bellring Brands Inc (NYSE: BRBR)’s stock price has gone rise by 6.87 in comparison to its previous close of 45.44, however, the company has experienced a 4.77% increase in its stock price over the last five trading days. InvestorPlace reported 2023-11-06 that The Russell 2000 Index is a stock market index that compromises small and mid-cap companies and is considered by investors to be a measure of the overall performance of stock markets smaller-cap stocks. The iShares Russell 2000 ETF (NYSEARCA: IWM ) is an ETF that tracks the Russell 2000 Index.
Analysts’ Opinion of BRBR
Many brokerage firms have already submitted their reports for BRBR stocks, with Stephens repeating the rating for BRBR by listing it as a “Equal-Weight.” The predicted price for BRBR in the upcoming period, according to Stephens is $47 based on the research report published on October 25, 2023 of the current year 2023.
BRBR Trading at 12.86% from the 50-Day Moving Average
After a stumble in the market that brought BRBR to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 2.23% of gains for the given period.
Volatility was left at 2.31%, however, over the last 30 days, the volatility rate increased by 2.50%, as shares surge +9.96% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +19.78% upper at present.
During the last 5 trading sessions, BRBR rose by +5.57%, which changed the moving average for the period of 200-days by +70.19% in comparison to the 20-day moving average, which settled at $45.19. In addition, Bellring Brands Inc saw 89.39% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at BRBR starting from VITALE ROBERT V, who sale 15,000 shares at the price of $35.82 back on May 11. After this action, VITALE ROBERT V now owns 230,054 shares of Bellring Brands Inc, valued at $537,261 using the latest closing price.
Stock Fundamentals for BRBR
Current profitability levels for the company are sitting at:
- +16.54 for the present operating margin
- +29.32 for the gross margin
The net margin for Bellring Brands Inc stands at +6.00.
When we switch over and look at the enterprise to sales, we see a ratio of 4.07, with the company’s debt to enterprise value settled at 0.33. The receivables turnover for the company is 9.90 and the total asset turnover is 1.95. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.94.
In a nutshell, Bellring Brands Inc (BRBR) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.