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BellRing Brands (BRBR) Stock Dips While Market Gains: Key Facts
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BellRing Brands (BRBR - Free Report) ended the recent trading session at $9.21, demonstrating a -3.66% change from the preceding day's closing price. This move lagged the S&P 500's daily gain of 0.6%. Elsewhere, the Dow gained 0.03%, while the tech-heavy Nasdaq added 1.18%.
Shares of the nutritional supplements company witnessed a gain of 23.51% over the previous month, beating the performance of the Consumer Staples sector with its gain of 5.19%, and the S&P 500's loss of 0.79%.
The upcoming earnings release of BellRing Brands will be of great interest to investors. The company's earnings per share (EPS) are projected to be $0.21, reflecting a 58.82% decrease from the same quarter last year. In the meantime, our current consensus estimate forecasts the revenue to be $651.03 million, indicating a 0.44% growth compared to the corresponding quarter of the prior year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $1.03 per share and a revenue of $2.36 billion, indicating changes of -52.53% and +1.76%, respectively, from the former year.
It's also important for investors to be aware of any recent modifications to analyst estimates for BellRing Brands. Recent revisions tend to reflect the latest near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. 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, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Within the past 30 days, our consensus EPS projection has moved 1.22% lower. BellRing Brands is currently a Zacks Rank #3 (Hold).
With respect to valuation, BellRing Brands is currently being traded at a Forward P/E ratio of 7.4. This signifies a discount in comparison to the average Forward P/E of 15.17 for its industry.
One should further note that BRBR currently holds a PEG ratio of 4.46. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. As of the close of trade yesterday, the Food - Miscellaneous industry held an average PEG ratio of 2.42.
The Food - Miscellaneous industry is part of the Consumer Staples sector. At present, this industry carries a Zacks Industry Rank of 214, placing it within the bottom 14% of over 250 industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
View the Zacks #1 Rank List
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BellRing Brands (BRBR) Stock Dips While Market Gains: Key Facts
BellRing Brands (BRBR - Free Report) ended the recent trading session at $9.21, demonstrating a -3.66% change from the preceding day's closing price. This move lagged the S&P 500's daily gain of 0.6%. Elsewhere, the Dow gained 0.03%, while the tech-heavy Nasdaq added 1.18%.
Shares of the nutritional supplements company witnessed a gain of 23.51% over the previous month, beating the performance of the Consumer Staples sector with its gain of 5.19%, and the S&P 500's loss of 0.79%.
The upcoming earnings release of BellRing Brands will be of great interest to investors. The company's earnings per share (EPS) are projected to be $0.21, reflecting a 58.82% decrease from the same quarter last year. In the meantime, our current consensus estimate forecasts the revenue to be $651.03 million, indicating a 0.44% growth compared to the corresponding quarter of the prior year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $1.03 per share and a revenue of $2.36 billion, indicating changes of -52.53% and +1.76%, respectively, from the former year.
It's also important for investors to be aware of any recent modifications to analyst estimates for BellRing Brands. Recent revisions tend to reflect the latest near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. 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, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Within the past 30 days, our consensus EPS projection has moved 1.22% lower. BellRing Brands is currently a Zacks Rank #3 (Hold).
With respect to valuation, BellRing Brands is currently being traded at a Forward P/E ratio of 7.4. This signifies a discount in comparison to the average Forward P/E of 15.17 for its industry.
One should further note that BRBR currently holds a PEG ratio of 4.46. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. As of the close of trade yesterday, the Food - Miscellaneous industry held an average PEG ratio of 2.42.
The Food - Miscellaneous industry is part of the Consumer Staples sector. At present, this industry carries a Zacks Industry Rank of 214, placing it within the bottom 14% of over 250 industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.