That’s why I Feel Comfortable With Bellring Brands Inc’s (BRBR) Future

At the time of writing, Bellring Brands Inc [BRBR] stock is trading at $67.52, up 1.24%. An important factor to consider is whether the stock is rising or falling in short-term value. The BRBR shares have gain 3.72% over the last week, with a monthly amount glided 8.69%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Bellring Brands Inc [NYSE: BRBR] stock has seen the most recent analyst activity on May 23, 2024, when Deutsche Bank initiated its Buy rating and assigned the stock a price target of $67. Previously, TD Cowen started tracking the stock with Buy rating on April 22, 2024, and set its price target to $64. On February 01, 2024, Citigroup initiated with a Buy rating and assigned a price target of $67 on the stock. Truist downgraded its rating to a Hold and decreased its price target to $50 on January 03, 2024. DA Davidson initiated its recommendation with a Neutral and recommended $60 as its price target on December 08, 2023. Stephens downgraded its rating to Equal-Weight for this stock on October 25, 2023, and upped its price target to $47. In a note dated April 26, 2023, William Blair initiated an Outperform rating.

For the past year, the stock price of Bellring Brands Inc fluctuated between $44.22 and $67.53. Currently, Wall Street analysts expect the stock to reach $44 within the next 12 months. Bellring Brands Inc [NYSE: BRBR] shares were valued at $67.52 at the most recent close of the market. An investor can expect a potential drop of -34.83% based on the average BRBR price forecast.

Analyzing the BRBR fundamentals

According to Bellring Brands Inc [NYSE:BRBR], the company’s sales were 1.91B for trailing twelve months, which represents an 15.59% jump. Gross Profit Margin for this corporation currently stands at 0.34% with Operating Profit Margin at 0.18%, Pretax Profit Margin comes in at 0.15%, and Net Profit Margin reading is 0.12%. To continue investigating profitability, this company’s Return on Assets is posted at 0.27, Equity is -0.8 and Total Capital is 0.59. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-3.42.

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 66.67 points at the first support level, and at 65.83 for the second support level. However, for the 1st resistance point, the stock is sitting at 67.96, and for the 2nd resistance point, it is at 68.41.

Ratios To Look Out For

It is important to note that Bellring Brands Inc [NYSE:BRBR] has a current ratio of 2.67. On the other hand, the Quick Ratio is 1.52, and the Cash Ratio is 0.35. Considering the valuation of this stock, the price to sales ratio is 4.62 and price to earnings (TTM) ratio is 40.55.

Transactions by insiders

Recent insider trading involved VITALE ROBERT V, EXECUTIVE CHAIRMAN, that happened on May 14 ’24 when 15000.0 shares were sold. Director, STEIN ELLIOT JR completed a deal on Feb 07 ’24 to sell 1000.0 shares.

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