Bellring Brands Inc (BRBR) Shares Decline Despite Market Challenges

Bellring Brands Inc (NYSE: BRBR) has seen a decline in its stock price by -1.28 in relation to its previous close of 58.01. However, the company has experienced a -3.57% decline in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-03-20 that BellRing Brands (BRBR) could produce exceptional returns because of its solid growth attributes.

Is It Worth Investing in Bellring Brands Inc (NYSE: BRBR) Right Now?

The price-to-earnings ratio for Bellring Brands Inc (NYSE: BRBR) is 46.27x, which is above its average ratio. Moreover, the 36-month beta value for BRBR is 0.84. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The public float for BRBR is 129.84M and currently, short sellers hold a 2.68% of that float. On April 04, 2024, BRBR’s average trading volume was 1.29M shares.

BRBR’s Market Performance

BRBR’s stock has seen a -3.57% decrease for the week, with a -3.94% drop in the past month and a 4.76% gain in the past quarter. The volatility ratio for the week is 3.00%, and the volatility levels for the past 30 days are at 3.04% for Bellring Brands Inc The simple moving average for the last 20 days is -4.35% for BRBR stock, with a simple moving average of 21.30% for the last 200 days.

Analysts’ Opinion of BRBR

Many brokerage firms have already submitted their reports for BRBR stocks, with Citigroup repeating the rating for BRBR by listing it as a “Buy.” The predicted price for BRBR in the upcoming period, according to Citigroup is $67 based on the research report published on February 01, 2024 of the current year 2024.

Truist, on the other hand, stated in their research note that they expect to see BRBR reach a price target of $50, previously predicting the price at $55. The rating they have provided for BRBR stocks is “Hold” according to the report published on January 03rd, 2024.

DA Davidson gave a rating of “Neutral” to BRBR, setting the target price at $60 in the report published on December 08th of the previous year.

BRBR Trading at -1.25% 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 unable to rebound, for now settling with -8.74% of loss for the given period.

Volatility was left at 3.04%, however, over the last 30 days, the volatility rate increased by 3.00%, as shares sank -5.12% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +6.21% upper at present.

During the last 5 trading sessions, BRBR fell by -3.57%, which changed the moving average for the period of 200-days by +57.38% in comparison to the 20-day moving average, which settled at $59.72. In addition, Bellring Brands Inc saw 3.32% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at BRBR starting from STEIN ELLIOT JR, who sale 1,000 shares at the price of $57.81 back on Feb 07 ’24. After this action, STEIN ELLIOT JR now owns 24,646 shares of Bellring Brands Inc, valued at $57,807 using the latest closing price.

VITALE ROBERT V, the EXECUTIVE CHAIRMAN of Bellring Brands Inc, sale 15,000 shares at $35.82 during a trade that took place back on May 11 ’23, which means that VITALE ROBERT V is holding 230,054 shares at $537,261 based on the most recent closing price.

Stock Fundamentals for BRBR

Current profitability levels for the company are sitting at:

  • 0.16 for the present operating margin
  • 0.32 for the gross margin

The net margin for Bellring Brands Inc stands at 0.1. The total capital return value is set at 0.52.

Based on Bellring Brands Inc (BRBR), the company’s capital structure generated 1.53 points at debt to capital in total, while cash flow to debt ratio is standing at 0.3. The debt to equity ratio resting at -2.9. The interest coverage ratio of the stock is 4.38.

Currently, EBITDA for the company is 315.6 million with net debt to EBITDA at 2.26. When we switch over and look at the enterprise to sales, we see a ratio of 4.76. The receivables turnover for the company is 9.71for trailing twelve months and the total asset turnover is 2.42. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.86.

Conclusion

To wrap up, the performance of Bellring Brands Inc (BRBR) has been mixed in recent times. The stock has received a mixed of “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.

Related Posts