It is Poised to be a Bull Market for Bellring Brands Inc (BRBR)

With 0.93 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.08 million shares. The 52-week range on BRBR shows that it touched its highest point at $80.67 and its lowest point at $48.06 during that stretch. It currently has a 1-year price target of $85.93. Beta for the stock currently stands at 0.85.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of BRBR was down-trending over the past week, with a drop of -5.00%, but this was down by -9.85% over a month. Three-month performance dropped to -10.37% while six-month performance rose 24.58%. The stock gained 26.16% in the past year, while it has lost -6.49% so far this year. A look at the trailing 12-month EPS for BRBR yields 2.12 with Next year EPS estimates of 2.55. For the next quarter, that number is 0.53. This implies an EPS growth rate of 16.66% for this year and 13.46% for next year. EPS is expected to grow by 15.52% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -9.81%.

Float and Shares Shorts:

At present, 128.28 million BRBR shares are outstanding with a float of 126.58 million shares on hand for trading.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for BRBR since 9 analysts follow the stock currently. There are 9 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $1.95102 being high and $1.88098 being low. For BRBR, this leads to a yearly average estimate of $1.921. Based on analyst estimates, the high estimate for the next quarter is $0.59 and the low estimate is $0.55. The average estimate for the next quarter is thus $0.57.