At the last check on Thursday, BellRing Brands Inc.’s (NYSE:BRBR) stock was down -$0.09, moving down -0.22 percent to $41.10. The average number of shares traded per day over the past five days has been 829,925 shares. 5 times new highs have been achieved over the past 5 days, with a $1.13 gain in that time frame. In the last twenty days, the average volume was 1,052,566, while in the previous 50 days, it was 920,690.
Since last month, BRBR stock rose 14.23%. Shares of the company fell to $35.52 on 08/02/23, the lowest level in the past month. A 52-week high of $41.28 was reached on 08/31/23 after having rallying from a 52-week low of $20.20. Since the beginning of this year, BRBR’s stock price has risen by 60.30% or $15.40, and marked a new high 38 times. However, the stock has declined by -0.42% since its 52-week high.
BRBR stock investors should be aware that BellRing Brands Inc. (BRBR) stock had its last reported insider trading activity 112 days ago on May 11. VITALE ROBERT V, the EXECUTIVE CHAIRMAN of the company, disposed of 15,000 shares for $35.82 on May 11. It resulted in a $537,261 divestment by the insider.
Valuation Metrics
Right now, BellRing Brands Inc. (BRBR) has a P/E ratio of about 36.18. The stock’s beta is 0.80.
Financial Health
In the three months ended June 29, BellRing Brands Inc.’s quick ratio stood at 1.30, while its current ratio was 2.70, showing that the company is able to pay off its debt. On the profitability front, the trailing twelve-month gross margin is 31.60% percent. In the year ended June 29, EBITDA margin amounted to 18.10%, whereas operating margins totaled 17.20%. Based on annual data, BRBR earned $421.8 million in gross profit and brought in $1.37 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 29.90%. Return on equity (ROE) for the past 12 months was -41.50%.
In BellRing Brands Inc.’s quarter-end financial report for June 29, it reported total debt of $910.5 million. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. BRBR’s revenue rose 16.89% to $385.6 million during the quarter, while net income inched up to $445.9 million. While analysts expected BellRing Brands Inc. to report $0.32 quarterly earnings, the actual figure was $0.34 per share, beating the consensus estimate by 6.30%. During the quarter, the company generated $81.3 million in EBITDA. The liabilities of BellRing Brands Inc. were 1.09 billion at the end of its most recent quarter ended June 29, and its total debt was $918.8 million. The value of shareholders’ equity is $131.45 million.
Technical Picture
This quick technical analysis looks at BellRing Brands Inc.’s (BRBR) price momentum. With a historical volatility rate of 24.14%, the RSI 9-day stood at 69.34% on 30 August.
With respect to its five-day moving average, the current BellRing Brands Inc. price is up by +2.83% percent or $1.13. At present, BRBR shares trade +14.73% above its 20-day simple moving average and +18.07% percent above its 100-day simple moving average. However, the stock is currently trading approximately +12.56% above its SMA50 and +62.15% above its SMA200.
Stochastic coefficient K was 95.48% and Stochastic coefficient D was 93.27%, while ATR was 0.94. Given the Stochastic reading of 91.55% for the 14-day period, the RSI (14) reading has been calculated as 67.82%. As of today, the MACD Oscillator reading stands at 0.59, while the 14-day reading stands at 1.34.
Analyst Ratings
William Blair launched its rating on BellRing Brands Inc. (NYSE: BRBR) to an Outperform in a note to investors on April 26, 2023. BellRing Brands Inc. (BRBR) has been rated Buy by analysts. According to 0 brokerage firms, BRBR is a sell, and 0 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 1 analyst rate BellRing Brands Inc. stock as buy, with 14 recommending it as overweight.
With a median target price of $44.00, the current consensus forecast for the stock is $42.00 – $49.00. Based on these forecasts, analysts predict BellRing Brands Inc. (BRBR) will achieve an average price target of $44.43.
