Bellring Brands Inc (NYSE: BRBR)’s stock price has gone decline by -0.98 in comparison to its previous close of 56.17, however, the company has experienced a 2.39% increase in its stock price over the last five trading days. InvestorPlace reported 2024-04-18 that Coca-Cola (NYSE: KO ) and PepsiCo (NASDAQ: PEP ) are the first names that most investors think of when it comes to non-alcoholic beverage stocks. The competition between Coke and Pepsi is intense and cutthroat.
Is It Worth Investing in Bellring Brands Inc (NYSE: BRBR) Right Now?
Bellring Brands Inc (NYSE: BRBR) has a higher price-to-earnings ratio of 44.93x compared to its average ratio. BRBR has 36-month beta value of 0.84. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for BRBR is 129.84M, and currently, short sellers hold a 2.92% ratio of that float. The average trading volume of BRBR on April 25, 2024 was 1.21M shares.
BRBR’s Market Performance
The stock of Bellring Brands Inc (BRBR) has seen a 2.39% increase in the past week, with a -7.73% drop in the past month, and a 1.91% gain in the past quarter. The volatility ratio for the week is 2.25%, and the volatility levels for the past 30 days are at 2.60% for BRBR. The simple moving average for the past 20 days is -1.87% for BRBR’s stock, with a 14.21% simple moving average for the past 200 days.
Analysts’ Opinion of BRBR
Many brokerage firms have already submitted their reports for BRBR stocks, with TD Cowen repeating the rating for BRBR by listing it as a “Buy.” The predicted price for BRBR in the upcoming period, according to TD Cowen is $64 based on the research report published on April 22, 2024 of the current year 2024.
Citigroup, on the other hand, stated in their research note that they expect to see BRBR reach a price target of $67. The rating they have provided for BRBR stocks is “Buy” according to the report published on February 01st, 2024.
Truist gave a rating of “Hold” to BRBR, setting the target price at $50 in the report published on January 03rd of the current year.
BRBR Trading at -3.85% 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 -11.37% of loss for the given period.
Volatility was left at 2.60%, however, over the last 30 days, the volatility rate increased by 2.25%, as shares sank -6.35% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -7.04% lower at present.
During the last 5 trading sessions, BRBR rose by +2.39%, which changed the moving average for the period of 200-days by +59.14% in comparison to the 20-day moving average, which settled at $56.49. In addition, Bellring Brands Inc saw 0.34% 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 4.63. 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 put it simply, Bellring Brands Inc (BRBR) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
