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BellRing Brands (BRBR) Stock Falls Amid Market Uptick: What Investors Need to Know
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In the latest close session, BellRing Brands (BRBR - Free Report) was down 2% at $32.34. This move lagged the S&P 500's daily gain of 1.07%. Elsewhere, the Dow gained 1.12%, while the tech-heavy Nasdaq added 1.37%.
Heading into today, shares of the nutritional supplements company had lost 8.33% over the past month, lagging the Consumer Staples sector's loss of 1.23% and the S&P 500's gain of 1.08%.
Analysts and investors alike will be keeping a close eye on the performance of BellRing Brands in its upcoming earnings disclosure. The company is predicted to post an EPS of $0.54, indicating a 5.88% growth compared to the equivalent quarter last year. Alongside, our most recent consensus estimate is anticipating revenue of $631.33 million, indicating a 13.59% upward movement from the same quarter last year.
For the full year, the Zacks Consensus Estimates project earnings of $2.2 per share and a revenue of $2.3 billion, demonstrating changes of +13.99% and 0%, respectively, from the preceding year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for BellRing Brands. These revisions help to show the ever-changing nature of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 3.36% downward. Right now, BellRing Brands possesses a Zacks Rank of #5 (Strong Sell).
Investors should also note BellRing Brands's current valuation metrics, including its Forward P/E ratio of 14.24. Its industry sports an average Forward P/E of 15.31, so one might conclude that BellRing Brands is trading at a discount comparatively.
One should further note that BRBR currently holds a PEG ratio of 1.61. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The average PEG ratio for the Food - Miscellaneous industry stood at 1.76 at the close of the market yesterday.
The Food - Miscellaneous industry is part of the Consumer Staples sector. This industry, currently bearing a Zacks Industry Rank of 193, finds itself in the bottom 22% echelons of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow BRBR in the coming trading sessions, be sure to utilize Zacks.com.
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BellRing Brands (BRBR) Stock Falls Amid Market Uptick: What Investors Need to Know
In the latest close session, BellRing Brands (BRBR - Free Report) was down 2% at $32.34. This move lagged the S&P 500's daily gain of 1.07%. Elsewhere, the Dow gained 1.12%, while the tech-heavy Nasdaq added 1.37%.
Heading into today, shares of the nutritional supplements company had lost 8.33% over the past month, lagging the Consumer Staples sector's loss of 1.23% and the S&P 500's gain of 1.08%.
Analysts and investors alike will be keeping a close eye on the performance of BellRing Brands in its upcoming earnings disclosure. The company is predicted to post an EPS of $0.54, indicating a 5.88% growth compared to the equivalent quarter last year. Alongside, our most recent consensus estimate is anticipating revenue of $631.33 million, indicating a 13.59% upward movement from the same quarter last year.
For the full year, the Zacks Consensus Estimates project earnings of $2.2 per share and a revenue of $2.3 billion, demonstrating changes of +13.99% and 0%, respectively, from the preceding year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for BellRing Brands. These revisions help to show the ever-changing nature of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 3.36% downward. Right now, BellRing Brands possesses a Zacks Rank of #5 (Strong Sell).
Investors should also note BellRing Brands's current valuation metrics, including its Forward P/E ratio of 14.24. Its industry sports an average Forward P/E of 15.31, so one might conclude that BellRing Brands is trading at a discount comparatively.
One should further note that BRBR currently holds a PEG ratio of 1.61. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The average PEG ratio for the Food - Miscellaneous industry stood at 1.76 at the close of the market yesterday.
The Food - Miscellaneous industry is part of the Consumer Staples sector. This industry, currently bearing a Zacks Industry Rank of 193, finds itself in the bottom 22% echelons of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow BRBR in the coming trading sessions, be sure to utilize Zacks.com.