BellRing Brands Inc. (NYSE:BRBR – Free Report) – Stock analysts at William Blair cut their FY2025 EPS estimates for shares of BellRing Brands in a report released on Wednesday, July 16th. William Blair analyst J. Andersen now anticipates that the company will post earnings of $2.17 per share for the year, down from their previous estimate of $2.20. The consensus estimate for BellRing Brands’ current full-year earnings is $2.23 per share. William Blair also issued estimates for BellRing Brands’ FY2026 earnings at $2.42 EPS.
Other equities research analysts also recently issued reports about the stock. Citigroup dropped their price target on shares of BellRing Brands from $90.00 to $80.00 and set a “buy” rating for the company in a research note on Wednesday, May 7th. Morgan Stanley assumed coverage on shares of BellRing Brands in a research note on Monday, March 24th. They issued an “overweight” rating and a $84.00 target price for the company. DA Davidson raised shares of BellRing Brands from a “neutral” rating to a “buy” rating and set a $85.00 target price for the company in a research note on Tuesday, May 27th. Barclays set a $75.00 target price on shares of BellRing Brands and gave the company an “overweight” rating in a research note on Wednesday, May 7th. Finally, Truist Financial lowered their target price on shares of BellRing Brands from $65.00 to $60.00 and set a “hold” rating for the company in a research note on Wednesday, July 2nd. Three investment analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $76.19.
BellRing Brands Stock Up 1.6%
BRBR stock opened at $58.11 on Thursday. The company has a market cap of $7.38 billion, a P/E ratio of 27.03, a PEG ratio of 1.80 and a beta of 0.70. BellRing Brands has a twelve month low of $48.06 and a twelve month high of $80.67. The business has a fifty day moving average of $60.44 and a 200-day moving average of $68.88.
BellRing Brands (NYSE:BRBR – Get Free Report) last announced its quarterly earnings results on Monday, May 5th. The company reported $0.53 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.53. BellRing Brands had a net margin of 12.82% and a negative return on equity of 133.63%. The firm had revenue of $588.00 million during the quarter, compared to the consensus estimate of $577.56 million. During the same period last year, the firm posted $0.45 EPS. The firm’s quarterly revenue was up 18.9% on a year-over-year basis.
Insider Buying and Selling
In other news, CEO Darcy Horn Davenport sold 1,600 shares of the stock in a transaction dated Friday, July 11th. The shares were sold at an average price of $57.66, for a total value of $92,256.00. Following the transaction, the chief executive officer directly owned 198,778 shares of the company’s stock, valued at $11,461,539.48. This represents a 0.80% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders have sold a total of 9,600 shares of company stock valued at $570,128 in the last ninety days. Company insiders own 1.07% of the company’s stock.
Hedge Funds Weigh In On BellRing Brands
A number of hedge funds have recently bought and sold shares of the business. Axiom Investors LLC DE increased its holdings in BellRing Brands by 418.1% in the 1st quarter. Axiom Investors LLC DE now owns 2,248,924 shares of the company’s stock valued at $167,455,000 after buying an additional 1,814,811 shares during the period. AQR Capital Management LLC boosted its position in BellRing Brands by 284.2% during the 4th quarter. AQR Capital Management LLC now owns 2,278,508 shares of the company’s stock worth $171,663,000 after buying an additional 1,685,525 shares during the period. Norges Bank acquired a new stake in BellRing Brands during the 4th quarter worth approximately $114,185,000. Junto Capital Management LP acquired a new stake in BellRing Brands during the 1st quarter worth approximately $97,725,000. Finally, Invesco Ltd. boosted its position in BellRing Brands by 35.7% during the 4th quarter. Invesco Ltd. now owns 4,266,375 shares of the company’s stock worth $321,429,000 after buying an additional 1,121,691 shares during the period. 94.97% of the stock is owned by institutional investors.
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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