BellRing Brands (NYSE:BRBR) Releases Quarterly Earnings Results

BellRing Brands (NYSE:BRBR) released its earnings results on Monday. The company reported $0.51 EPS for the quarter, beating analysts’ consensus estimates of $0.50 by $0.01, Briefing.com reports. BellRing Brands had a negative return on equity of 88.30% and a net margin of 11.55%. The firm had revenue of $555.80 million for the quarter, compared to analysts’ expectations of $545.00 million. During the same quarter in the prior year, the firm posted $0.41 earnings per share. The company’s quarterly revenue was up 17.6% on a year-over-year basis. BellRing Brands updated its FY 2025 guidance to EPS.

BellRing Brands Trading Down 0.2 %

Shares of BRBR opened at $73.28 on Wednesday. The firm has a market cap of $9.47 billion, a PE ratio of 43.88, a P/E/G ratio of 1.61 and a beta of 0.84. BellRing Brands has a 12 month low of $44.37 and a 12 month high of $74.00. The stock has a fifty day moving average price of $64.56 and a 200-day moving average price of $58.96.

Analysts Set New Price Targets

BRBR has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. lowered their target price on shares of BellRing Brands from $65.00 to $64.00 and set an “overweight” rating for the company in a research note on Wednesday, August 7th. Evercore ISI upped their target price on shares of BellRing Brands from $65.00 to $70.00 and gave the stock an “outperform” rating in a research note on Thursday, October 24th. Bank of America boosted their price target on BellRing Brands from $67.00 to $75.00 and gave the company a “buy” rating in a report on Tuesday, October 15th. Needham & Company LLC restated a “buy” rating and set a $66.00 price objective on shares of BellRing Brands in a report on Tuesday, August 6th. Finally, Stephens reiterated an “equal weight” rating and issued a $55.00 target price on shares of BellRing Brands in a report on Tuesday, August 6th. Three investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. Based on data from MarketBeat, BellRing Brands has an average rating of “Moderate Buy” and a consensus price target of $68.33.

About BellRing Brands

BellRing Brands, Inc, together with its subsidiaries, provides various nutrition products in the United States. The company offers ready-to-drink (RTD) protein shakes, other RTD beverages, powders, nutrition bars, and other products primarily under the Premier Protein and Dymatize brands. It distributes its products through club, food, drug, mass, eCommerce, specialty, and convenience channels.