BellRing Brands (NYSE:BRBR – Get Free Report) issued its quarterly earnings results on Monday. The company reported $0.51 EPS for the quarter, topping the consensus estimate of $0.50 by $0.01, Briefing.com reports. BellRing Brands had a net margin of 11.55% and a negative return on equity of 88.30%. The company had revenue of $555.80 million during the quarter, compared to analysts’ expectations of $545.00 million. During the same quarter in the previous year, the company earned $0.41 EPS. BellRing Brands’s revenue was up 17.6% on a year-over-year basis. BellRing Brands updated its FY 2025 guidance to EPS.
BellRing Brands Trading Down 2.5 %
Shares of BellRing Brands stock traded down $1.83 during trading on Tuesday, reaching $71.57. The stock had a trading volume of 479,702 shares, compared to its average volume of 1,200,739. The company has a market capitalization of $9.25 billion, a price-to-earnings ratio of 43.96, a P/E/G ratio of 1.61 and a beta of 0.84. The stock has a fifty day moving average price of $64.24 and a two-hundred day moving average price of $58.85. BellRing Brands has a 52 week low of $44.37 and a 52 week high of $74.00.
Wall Street Analyst Weigh In
Several analysts have commented on the stock. JPMorgan Chase & Co. dropped their target price on shares of BellRing Brands from $65.00 to $64.00 and set an “overweight” rating for the company in a research report on Wednesday, August 7th. Jefferies Financial Group increased their target price on BellRing Brands from $61.00 to $84.00 and gave the company a “buy” rating in a research note on Thursday, November 14th. Deutsche Bank Aktiengesellschaft decreased their target price on BellRing Brands from $67.00 to $65.00 and set a “buy” rating for the company in a research report on Thursday, July 25th. Stephens reissued an “equal weight” rating and set a $55.00 price objective on shares of BellRing Brands in a research note on Tuesday, August 6th. Finally, Needham & Company LLC restated a “buy” rating and set a $66.00 price objective on shares of BellRing Brands in a report on Tuesday, August 6th. Three research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. According to data from MarketBeat, BellRing Brands presently has an average rating of “Moderate Buy” and a consensus target price of $67.33.
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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