BellRing Brands (NYSE:BRBR) Announces Quarterly Earnings Results

BellRing Brands (NYSE:BRBR) issued its quarterly earnings results on Monday. The company reported $0.51 EPS for the quarter, beating analysts’ consensus estimates of $0.50 by $0.01, Briefing.com reports. BellRing Brands had a negative return on equity of 88.30% and a net margin of 11.55%. The firm had revenue of $555.80 million for the quarter, compared to analysts’ expectations of $545.00 million. During the same quarter in the prior year, the firm earned $0.41 EPS. The business’s revenue for the quarter was up 17.6% compared to the same quarter last year. BellRing Brands updated its FY 2025 guidance to EPS.

BellRing Brands Trading Up 1.5 %

Shares of BellRing Brands stock opened at $74.38 on Thursday. The firm has a market capitalization of $9.61 billion, a PE ratio of 44.54, a price-to-earnings-growth ratio of 1.61 and a beta of 0.84. The business’s 50-day moving average price is $64.89 and its 200-day moving average price is $59.07. BellRing Brands has a 12 month low of $46.03 and a 12 month high of $75.44.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on BRBR. DA Davidson reiterated a “neutral” rating and set a $75.00 price objective on shares of BellRing Brands in a research note on Tuesday. Deutsche Bank Aktiengesellschaft boosted their price objective on BellRing Brands from $73.00 to $77.00 and gave the company a “buy” rating in a research note on Wednesday. Stephens reiterated an “equal weight” rating and set a $55.00 price objective on shares of BellRing Brands in a research note on Tuesday, August 6th. Bank of America boosted their price objective on BellRing Brands from $75.00 to $82.00 and gave the company a “buy” rating in a research note on Wednesday. Finally, JPMorgan Chase & Co. decreased their price objective on BellRing Brands from $65.00 to $64.00 and set an “overweight” rating on the stock in a research note on Wednesday, August 7th. Three equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $73.93.

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.