Bellring Brands Inc (NYSE: BRBR) has a price-to-earnings ratio of 48.54x that is above its average ratio. Additionally, the 36-month beta value for BRBR is 0.85. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for BRBR is 129.84M and currently, short sellers hold a 3.53% ratio of that float. The average trading volume of BRBR on May 07, 2024 was 1.17M shares.
BRBR) stock’s latest price update
The stock price of Bellring Brands Inc (NYSE: BRBR) has jumped by 5.08 compared to previous close of 57.18. Despite this, the company has seen a gain of 8.91% in its stock price over the last five trading days. Zacks Investment Research reported 2024-05-06 that BellRing Brands (BRBR) came out with quarterly earnings of $0.45 per share, beating the Zacks Consensus Estimate of $0.34 per share. This compares to earnings of $0.24 per share a year ago.
BRBR’s Market Performance
BRBR’s stock has risen by 8.91% in the past week, with a monthly rise of 4.04% and a quarterly rise of 5.71%. The volatility ratio for the week is 2.91% while the volatility levels for the last 30 days are 2.50% for Bellring Brands Inc The simple moving average for the past 20 days is 7.89% for BRBR’s stock, with a 21.08% 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 4.02% 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 -4.26% of loss for the given period.
Volatility was left at 2.50%, however, over the last 30 days, the volatility rate increased by 2.91%, as shares surge +4.86% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +7.45% upper at present.
During the last 5 trading sessions, BRBR rose by +8.75%, which changed the moving average for the period of 200-days by +68.35% in comparison to the 20-day moving average, which settled at $55.83. In addition, Bellring Brands Inc saw 8.40% 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 4.89. 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
In conclusion, Bellring Brands Inc (BRBR) has seen better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
