BRC Inc [BRCC] stock is trading at $4.76, down -3.05%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The BRCC shares have gain 19.90% over the last week, with a monthly amount glided 17.82%, and seem to be holding up well over a long-time horizon.
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On 6, March 2024, BRC Inc. Reports Fourth Quarter 2023 Financial Results. In a post published today on Yahoo Finance, Financial Highlights.
From an analyst’s perspective:
On May 26, 2022, Tigress Financial initiated with a Buy rating and assigned a price target of $17 on the stock. Raymond James downgraded its rating to a Mkt Perform. Deutsche Bank initiated its recommendation with a Hold and recommended $19 as its price target on March 31, 2022. In a note dated March 07, 2022, William Blair initiated an Outperform rating.
BRC Inc [BRCC] stock has fluctuated between $2.51 and $6.32 over the past year. Currently, Wall Street analysts expect the stock to reach $14.5 within the next 12 months. BRC Inc [NYSE: BRCC] shares were valued at $4.76 at the most recent close of the market. An investor can expect a potential return of 204.62% based on the average BRCC price forecast.
Analyzing the BRCC fundamentals
BRC Inc [NYSE:BRCC] reported sales of 395.62M for the trailing twelve months, which represents a growth of 27.81%. Gross Profit Margin for this corporation currently stands at 0.32% with Operating Profit Margin at -0.13%, Pretax Profit Margin comes in at -0.14%, and Net Profit Margin reading is -0.12%. To continue investigating profitability, this company’s Return on Assets is posted at -0.2, Equity is -2.29 and Total Capital is -0.33. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of8.23.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 4.59 points at the first support level, and at 4.43 for the second support level. However, for the 1st resistance point, the stock is sitting at 4.91, and for the 2nd resistance point, it is at 5.07.
BRC Inc [BRCC] reported earnings per share of -$0.07 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of -$0.01/share, meaning a difference of -$0.06 and a surprise factor of -600.00%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were -$0.05 per share as compared to estimates of -$0.02 per share, a difference of -$0.03 representing a surprise of -150.00%.
Ratios To Look Out For
For context, BRC Inc’s Current Ratio is 1.28. As well, the Quick Ratio is 0.61, while the Cash Ratio is 0.15. Considering the valuation of this stock, the price to sales ratio is 0.74, the price to book ratio is 23.54.
Transactions by insiders
Recent insider trading involved Welling Glenn W., Director, that happened on Dec 11 ’23 when 0.2 million shares were purchased. Co-Chief Executive Officer, DAVIN THOMAS E completed a deal on Dec 11 ’23 to sell 0.3 million shares. Meanwhile, Co-Chief Executive Officer DAVIN THOMAS E sold 100000.0 shares on Dec 11 ’23.
