Streetbeat News

BRBR

BellRing Brands, Inc.

Industry

Packaged Foods

BellRing Brands, Inc., together with its subsidiaries, provides various nutrition products in the United States and internationally. It offers ready-to-drink shake and powder protein products primarily under the Premier Protein and Dymatize brands. The company sells its products through club, food, drug, mass, eCommerce, specialty, and convenience channels. BellRing Brands, Inc. was incorporated in 2019 and is headquartered in Saint Louis, Missouri.

Open

66.82

Mkt cap

8.7B

Volume

1.1M

High

67.82

P/E Ratio

31.83

52-wk high

80.67

Low

66.29

Div yield

N/A

52-wk low

48.06

BellRing Brands (NYSE:BRBR) has received 5 analyst ratings in the last quarter, with an average price target of $48.8, representing an upside from the current price of $45.88. The average price target has increased by 10.91% from the previous target of $44.00. The ratings include 2 bullish, 2 somewhat bullish, and 1 indifferent, with no bearish or somewhat bearish ratings. Analysts derive their ratings from various sources including company calls, financial statements, and insider information.

Portfolio Pulse from Benzinga Insights

November 21, 2023 | 1:00 pm

Needham analyst Matt McGinley has reaffirmed a Buy rating on BellRing Brands (NYSE:BRBR) and increased the price target from $44 to $52, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

November 21, 2023 | 11:47 am

BellRing Brands forecasts its FY24 net sales to be between $1.83B and $1.91B, representing a year-over-year increase of 10% to 15%. This projection is in line with the consensus estimate of $1.86B.

Portfolio Pulse from Benzinga Newsdesk

November 20, 2023 | 10:10 pm

BellRing Brands (NYSE:BRBR) reported Q4 adjusted earnings of $0.41 per share, surpassing the consensus estimate of $0.39 by 5.13%, and a 32.26% increase from the previous year. Sales reached $472.60M, exceeding estimates of $460.52M by 2.62% and marking a 24.63% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 20, 2023 | 10:07 pm

Earnings reports are scheduled for November 20, 2023, for a variety of companies across different sectors. The reports include a mix of projected earnings per share and revenue figures for companies such as Greenland Technologies, Pyxis Tankers, and Agilent Technologies, among others. Some companies are expected to report losses, such as Xcel Brands and Enanta Pharma. The earnings release could influence the stock prices of these companies in the short term.

Portfolio Pulse from Benzinga Insights

November 20, 2023 | 12:11 pm

BellRing Brands (NYSE:BRBR) is expected to release its quarterly earnings report on Monday, 2023-11-20, with analysts estimating an EPS of $0.39. Investors are looking for an earnings beat and positive guidance for future growth. Historically, the company's stock price has been sensitive to earnings performance and guidance. Last quarter, BRBR beat the EPS estimate by $0.02, leading to a 2.85% stock price increase the following day. Over the last year, BRBR shares have risen by 94.84%, indicating a positive trend for long-term shareholders.

Portfolio Pulse from Benzinga Insights

November 17, 2023 | 2:00 pm

Barclays analyst Lauren Lieberman maintains an Overweight rating on BellRing Brands (NYSE:BRBR) and raises the price target from $47 to $48.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 10:55 am

Stephens & Co. analyst Tim Perz has downgraded BellRing Brands (NYSE:BRBR) from Overweight to Equal-Weight and set a price target of $47.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2023 | 12:38 pm

Over the last quarter, BellRing Brands (NYSE:BRBR) has received 7 analyst ratings, with 3 being bullish and 4 somewhat bullish. The average price target is $44.86, slightly above the current price of $44.36. The average price target has increased by 7.45% over the past month.

Portfolio Pulse from Benzinga Insights

October 17, 2023 | 7:00 pm

B of A Securities analyst Bryan Spillane maintains a Buy rating on BellRing Brands (NYSE:BRBR) and raises the price target from $42 to $50.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2023 | 6:47 pm

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