BellRing Brands Inc. (NYSE:BRBR) saw an upside of 0.25% to $39.56 after adding $0.1 on Tuesday. The 5-day average trading volume is 900,529 shares of the company’s common stock. It has gained $39.80 in the past week and touched a new high 3 times within the past 5 days. An average of 948,712 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 931,185.
BRBR’s 1-month performance is 12.51% or $3.89 on its low of $35.03 reached on 07/27/23. The company’s shares have touched a 52-week low of $20.20 and high of $39.62, with the stock’s rally to the 52-week high happening on 08/22/23. YTD, BRBR has achieved 54.29% or $13.89 and has reached a new high 34 times. However, the current price is down -0.15% from the 52-week high price.
Insider Transactions
BRBR stock investors last saw insider trading activity on May 11.VITALE ROBERT V (EXECUTIVE CHAIRMAN) most recently sold 15,000 shares at $35.82 per share on May 11. This transaction cost the insider $537,261.
Valuation Metrics
BRBR stock has a beta of 0.79. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 3.27 while the price to cash flow ratio at 37.05.
BellRing Brands Inc.’s quick ratio for the period ended June 30 was 1.30, with the current ratio over the same period at 2.70. In terms of profitability, the gross margin trailing 12 months is 31.60%. The trailing 12-month EBITDA margin is 18.10% while for the period ending June 30, BellRing Brands Inc.’s operating margin was 17.20%. The firm’s gross profit as reported stood at $421.8 million against revenue of $1.37 billion.
Earnings Surprise
For the quarterly period ending June 30 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income grew 97.07% to $44.3 million, while revenue of $44.2 million was 0.23% off the previous quarter. Analysts expected BRBR to announce $0.32 per share in earnings in its latest quarter, but it posted $0.34, representing a 6.30% surprise. EBITDA for the quarter stood at more than $81.3 million. BRBR stock balance sheet for the quarter ending June 30 shows that total liabilities totaled 1.09 billion, with total debt at $910.5 million. Shareholders hold equity totaling $131.45 million.
Let’s look briefly at BellRing Brands Inc. (BRBR) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 21 August was 69.80% to suggest the stock is trending Neutral, with historical volatility in this time period at 29.02%.
The stock’s 5-day moving average is $38.66, reflecting a +0.82% or $0.32 change from its current price. BRBR is currently trading +10.14% above its 20-day SMA, +19.75% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +10.30% and SMA200 by+63.82%.
Stochastic %K and %D was 85.14% and 74.53% and the average true range (ATR) pointed at 1.06. The RSI (14) points at 66.94%, while the 14-day stochastic is at 93.68% with the period’s ATR at 1.00. The stock’s 9-day MACD Oscillator is pointing at 0.63 and 1.30 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for BellRing Brands Inc. (NYSE: BRBR), William Blair launched coverage with an Outperform rating.
