Bellring Brands Inc (NYSE:BRBR) saw an upside of 0.71% to close Friday at $41.03 after adding $0.29 on the day. The 5-day average trading volume is 997,140 shares of the company’s common stock. It has gained $41.55 in the past week and touched a new high 4 times within the past 5 days. An average of 1,019,860 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 942,938.
BRBR’s 1-month performance is 0.47% or $0.86 on its low of $39.67 reached on 08/25/23. The company’s shares have touched a 52-week low of $20.20 and high of $42.00, with the stock’s rally to the 52-week high happening on 09/01/23. YTD, BRBR has achieved 60.02% or $15.39 and has reached a new high 39 times. However, the current price is down -2.30% from the 52-week high price.
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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 0.80. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 3.43 while the price to cash flow ratio at 38.89.
Bellring Brands Inc’s quick ratio for the period ended June 29 was 1.28, with the current ratio over the same period at 2.68. In terms of profitability, the gross margin trailing 12 months is 30.35%. The trailing 12-month EBITDA margin is 18.10% while for the period ending June 29, Bellring Brands Inc’s operating margin was 18.09%. 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 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income grew 11.74% to $44.3 million, while revenue of $30.9 million was 30.25% 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 29 shows that total liabilities totaled 1.09 billion, with total debt at $918.8 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 22 September was 59.30% to suggest the stock is trending Neutral, with historical volatility in this time period at 13.85%.
The stock’s 5-day moving average is $40.64, reflecting a +0.86% or $0.35 change from its current price. BRBR is currently trading +2.81% above its 20-day SMA, +12.69% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +14.77% and SMA200 by+55.65%.
Stochastic %K and %D was 44.75% and 32.89% and the average true range (ATR) pointed at 0.80. The RSI (14) points at 60.26%, while the 14-day stochastic is at 66.01% with the period’s ATR at 0.82. The stock’s 9-day MACD Oscillator is pointing at 0.00 and 0.00 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. Analysts offering their rating for BRBR stock have a consensus rating for the stock as Buy. Currently, 0 brokerage advisors rate BRBR as a “sell,”, while 0 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 1 rates the stock as overweight while 14 have offered a “buy” rating.
What is BRBR’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $42.00 and a high of $49.00, with their median price target at $44.00. Looking at these predictions, the average price target given by analysts is for Bellring Brands Inc (BRBR) stock is $44.43.
