We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
BellRing Brands (BRBR) Declines More Than Market: Some Information for Investors
Read MoreHide Full Article
In the latest close session, BellRing Brands (BRBR - Free Report) was down 8.89% at $7.69. The stock trailed the S&P 500, which registered a daily loss of 0.03%. At the same time, the Dow lost 0.31%, and the tech-heavy Nasdaq gained 0.01%.
The nutritional supplements company's shares have seen a decrease of 21.78% over the last month, not keeping up with the Consumer Staples sector's loss of 3.55% and the S&P 500's gain of 0.53%.
Analysts and investors alike will be keeping a close eye on the performance of BellRing Brands in its upcoming earnings disclosure. It is anticipated that the company will report an EPS of $0.21, marking a 58.82% fall compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $651.03 million, up 0.44% from the year-ago period.
For the full year, the Zacks Consensus Estimates project earnings of $1.03 per share and a revenue of $2.36 billion, demonstrating changes of -52.53% and +1.76%, respectively, from the preceding year.
It is also important to note the recent changes to analyst estimates for BellRing Brands. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable 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. Within the past 30 days, our consensus EPS projection remained stagnant. BellRing Brands is currently sporting a Zacks Rank of #4 (Sell).
Investors should also note BellRing Brands's current valuation metrics, including its Forward P/E ratio of 8.21. This denotes a discount relative to the industry average Forward P/E of 13.67.
Also, we should mention that BRBR has a PEG ratio of 4.95. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Food - Miscellaneous was holding an average PEG ratio of 2.15 at yesterday's closing price.
The Food - Miscellaneous industry is part of the Consumer Staples sector. With its current Zacks Industry Rank of 202, this industry ranks in the bottom 18% of all industries, numbering over 250.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
View the Zacks #1 Rank List
Image: Bigstock
BellRing Brands (BRBR) Declines More Than Market: Some Information for Investors
In the latest close session, BellRing Brands (BRBR - Free Report) was down 8.89% at $7.69. The stock trailed the S&P 500, which registered a daily loss of 0.03%. At the same time, the Dow lost 0.31%, and the tech-heavy Nasdaq gained 0.01%.
The nutritional supplements company's shares have seen a decrease of 21.78% over the last month, not keeping up with the Consumer Staples sector's loss of 3.55% and the S&P 500's gain of 0.53%.
Analysts and investors alike will be keeping a close eye on the performance of BellRing Brands in its upcoming earnings disclosure. It is anticipated that the company will report an EPS of $0.21, marking a 58.82% fall compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $651.03 million, up 0.44% from the year-ago period.
For the full year, the Zacks Consensus Estimates project earnings of $1.03 per share and a revenue of $2.36 billion, demonstrating changes of -52.53% and +1.76%, respectively, from the preceding year.
It is also important to note the recent changes to analyst estimates for BellRing Brands. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable 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. Within the past 30 days, our consensus EPS projection remained stagnant. BellRing Brands is currently sporting a Zacks Rank of #4 (Sell).
Investors should also note BellRing Brands's current valuation metrics, including its Forward P/E ratio of 8.21. This denotes a discount relative to the industry average Forward P/E of 13.67.
Also, we should mention that BRBR has a PEG ratio of 4.95. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Food - Miscellaneous was holding an average PEG ratio of 2.15 at yesterday's closing price.
The Food - Miscellaneous industry is part of the Consumer Staples sector. With its current Zacks Industry Rank of 202, this industry ranks in the bottom 18% of all industries, numbering over 250.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.