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Saturday, June 3, 2023

Is BellRing Brands Inc. (NYSE: BRBR) No Longer A Good Investment?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. After-hours trades for BellRing Brands Inc. (BRBR) shows that investor sentiment remained same, with the stock’s consolidated last price remained same to $35.99. The BellRing Brands Inc. has recorded 95,619 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that BellRing Brands Schedules Second Quarter Fiscal Year 2023 Conference Call.

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Stocks Info

BRBR belongs to the Consumer Defensive sector of the NYSE while operating in the Packaged Foods industry. At the end of the last regular session, the stock closed at $35.99 and fluctuated between $36.87 as its day high and $35.81 as its day low. The current market capitalization of BellRing Brands Inc. is $4.84B. A total of 1.09 million shares were traded on the day, compared to an average of 962.38K shares.

Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, BRBR has seen 4 BUY and 0 SELL insider trades, representing the acquisition of 15,200 and the disposition of 0 shares. Over the last 12 months, there were 7 BUYs and 16 SELLs from insiders. Insiders purchased 34,978 shares during that period but sold 14,849,982.

In the most recent transaction, STEIN ELLIOT JR bought 2,000 shares of BRBR for 23.67 per share on May 12. After the transaction, the Director now owns 19,551 company shares.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for BRBR in the last 3 months, the mean price target is $39.07 with high estimates of $42.00 and low estimates of $35.00. In terms of 52-week highs and lows, BRBR has a high of $36.28 and a low of $20.20.

As of this writing, BRBR has an earnings estimate of $0.2 per share for the current quarter. EPS was calculated based on a consensus of 15 estimates, with a high estimate of $0.23 per share and a lower estimate of $0.16. The company reported an EPS of $0.31 in the last quarter, which was 6.90% higher than expectations of $0.29.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. BRBR’s latest balance sheet shows that the firm has $152.60M in Cash & Short Term Investments as of fiscal 2021. There were $597.50M in debt and $251.30M in liabilities at the time. Its Book Value Per Share was -$2.74, while its Total Shareholder’s Equity was -$65.50M.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 16 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for BRBR is Underweight with a score of 4.86. A total of 15 analysts rated the stock as Buy while 1 rated it as Overweight while 0 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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