BellRing Brands (NYSE:BRBR – Get Free Report) released its quarterly earnings data on Monday. The company reported $0.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.50 by $0.01, Briefing.com reports. The business had revenue of $555.80 million for the quarter, compared to analysts’ expectations of $545.00 million. BellRing Brands had a negative return on equity of 88.30% and a net margin of 11.55%. BellRing Brands’s quarterly revenue was up 17.6% on a year-over-year basis. During the same period in the previous year, the business posted $0.41 earnings per share. BellRing Brands updated its FY 2025 guidance to EPS.
BellRing Brands Stock Down 2.5 %
BRBR stock traded down $1.83 during trading on Tuesday, hitting $71.57. The company had a trading volume of 479,702 shares, compared to its average volume of 1,200,739. The firm has a 50-day moving average price of $64.24 and a 200-day moving average price of $58.85. BellRing Brands has a 12 month low of $44.37 and a 12 month high of $74.00. The stock has a market cap of $9.25 billion, a price-to-earnings ratio of 43.96, a PEG ratio of 1.61 and a beta of 0.84.
Wall Street Analysts Forecast Growth
BRBR has been the subject of a number of analyst reports. Barclays raised their price objective on shares of BellRing Brands from $68.00 to $74.00 and gave the stock an “overweight” rating in a report on Wednesday, November 6th. Evercore ISI lifted their price objective on BellRing Brands from $65.00 to $70.00 and gave the company an “outperform” rating in a report on Thursday, October 24th. JPMorgan Chase & Co. dropped their target price on BellRing Brands from $65.00 to $64.00 and set an “overweight” rating for the company in a report on Wednesday, August 7th. Truist Financial raised their target price on BellRing Brands from $50.00 to $60.00 and gave the stock a “hold” rating in a research report on Wednesday, October 16th. Finally, Jefferies Financial Group increased their price objective on BellRing Brands from $61.00 to $84.00 and gave the stock a “buy” rating in a research note on Thursday, November 14th. Three equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $67.33.
BellRing Brands Company Profile
BellRing Brands, Inc, together with its subsidiaries, provides various nutrition products in the United States. The company offers ready-to-drink (RTD) protein shakes, other RTD beverages, powders, nutrition bars, and other products primarily under the Premier Protein and Dymatize brands. It distributes its products through club, food, drug, mass, eCommerce, specialty, and convenience channels.
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