Bellring Brands Inc (NYSE: BRBR) is -5.00% lower on its value in year-to-date trading and has touched a low of $48.06 and a high of $79.90 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 BRBR stock was last observed hovering at around $71.01 in the last trading session, with the day’s gains setting it 0.56%.
Currently trading at $71.57, the stock is -5.04% and -3.71% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.68 million and changing 0.79% at the moment leaves the stock 16.06% off its SMA200. BRBR registered 33.38% gain for a year compared to 6-month gain of 30.01%. The firm has a 50-day simple moving average (SMA 50) of $74.2098 and a 200-day simple moving average (SMA200) of $61.6069.
The stock witnessed a -7.12% loss in the last 1 month and extending the period to 3 months gives it a 14.06%, and is -4.83% down 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 2.39% over the week and 2.02% over the month.
Bellring Brands Inc (BRBR) has around 485 employees, a market worth around $9.23B and $2.00B in sales. Current P/E ratio is 38.38 and Fwd P/E is 28.49. Profit margin for the company is 12.35%. Distance from 52-week low is 48.92% and -10.43% from its 52-week high. The company has generated returns on investments over the last 12 months (39.03%).
with sales reaching $523.05M over the same period.The EPS is expected to grow by 12.79% this year, but quarterly earnings will post 14.97% year-over-year. Quarterly sales are estimated to grow 21.53% in year-over-year returns.
Bellring Brands Inc (BRBR) Top Institutional Holders
596.0 institutions hold shares in Bellring Brands Inc (BRBR), with institutional investors hold 96.43% of the company’s shares. The shares outstanding are 128.80M, and float is at 127.69M with Short Float at 1.25%. Institutions hold 95.71% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 13.49 million shares valued at $770.68 million. The investor’s holdings represent 10.2958% of the BRBR Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 11.69 million shares valued at $667.8 million to account for 8.9214 of the shares outstanding. The other top investors are WASATCH ADVISORS LP which holds 6.21 million shares representing 4.7379% and valued at over $354.65 million, while FRANKLIN RESOURCES INC holds 3.1302 of the shares totaling 4.1 million with a market value of $234.3 million.
Bellring Brands Inc (BRBR) Insider Activity
The most recent transaction is an insider sale by VITALE ROBERT V, the company’s EXECUTIVE CHAIRMAN. SEC filings show that VITALE ROBERT V sold 15,000 shares of the company’s common stock on May 14 ’24 at a price of $60.15 per share for a total of $0.9 million. Following the sale, the insider now owns 0.22 million shares.
Bellring Brands Inc disclosed in a document filed with the SEC on Feb 07 ’24 that STEIN ELLIOT JR (Director) sold a total of 1,000 shares of the company’s common stock. The trade occurred on Feb 07 ’24 and was made at $57.81 per share for $57807.0. Following the transaction, the insider now directly holds 24646.0 shares of the BRBR stock.
