BRC Inc (NYSE: BRCC) is -1.65% lower on its value in year-to-date trading and has touched a low of $2.51 and a high of $7.14 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BRCC stock was last observed hovering at around $3.72 in the last trading session, with the day’s loss setting it -0.15%.
Currently trading at $3.57, the stock is -9.95% and -22.44% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.87 million and changing -4.03% at the moment leaves the stock -22.89% off its SMA200. BRCC registered -16.00% loss for a year compared to 6-month loss of -26.99%.
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The stock witnessed a -11.19% gain in the last 1 month and extending the period to 3 months gives it a -43.06%, and is 9.85% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 7.13% over the week and 6.55% over the month.
BRC Inc (BRCC) has around 630 employees, a market worth around $254.65M and $407.59M in sales. Fwd P/E is 47.07. Profit margin for the company is -1.88%. Distance from 52-week low is 42.23% and -50.00% from its 52-week high. The company has generated returns on investments over the last 12 months (-7.72%).
The EPS is expected to grow by 100.13% this year
183.0 institutions hold shares in BRC Inc (BRCC), with institutional investors hold 80.49% of the company’s shares. The shares outstanding are 71.33M, and float is at 66.76M with Short Float at 12.85%. Institutions hold 61.52% of the Float.
The top institutional shareholder in the company is ENGAGED CAPITAL LLC with over 12.85 million shares valued at $78.78 million. The investor’s holdings represent 19.3795 of the BRCC Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 4.59 million shares valued at $28.16 million to account for 6.9269 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 3.14 million shares representing 4.7355 and valued at over $19.25 million, while CRESSET ASSET MANAGEMENT, LLC holds 4.5243 of the shares totaling 3.0 million with a market value of $18.39 million.
BRC Inc (BRCC) Insider Activity
The most recent transaction is an insider purchase by Welling Glenn W., the company’s Director. SEC filings show that Welling Glenn W. bought 684,542 shares of the company’s common stock on Sep 13 ’24 at a price of $3.17 per share for a total of $2.17 million. Following the purchase, the insider now owns 13.54 million shares.
BRC Inc disclosed in a document filed with the SEC on Sep 13 ’24 that Hafer Evan (Director) sold a total of 1,000,000 shares of the company’s common stock. The trade occurred on Sep 13 ’24 and was made at $3.17 per share for $3.17 million. Following the transaction, the insider now directly holds 0.0 shares of the BRCC stock.
Still, SEC filings show that on Sep 12 ’24, DAVIN THOMAS E (Director) disposed off 234,865 shares at an average price of $3.26 for $0.77 million. The insider now directly holds 0 shares of BRC Inc (BRCC).
