BellRing Brands (NYSE:BRBR) Issues Earnings Results, Beats Expectations By $0.01 EPS

BellRing Brands (NYSE:BRBR) posted its quarterly earnings data 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 net margin of 11.55% and a negative return on equity of 88.30%. The firm had revenue of $555.80 million for the quarter, compared to the consensus estimate of $545.00 million. During the same period in the prior year, the firm posted $0.41 EPS. The firm’s revenue was up 17.6% compared to the same quarter last year. BellRing Brands updated its FY 2025 guidance to EPS.

BellRing Brands Price Performance

BellRing Brands stock traded down $1.67 during midday trading on Tuesday, reaching $71.73. The company had a trading volume of 594,411 shares, compared to its average volume of 1,201,251. The company has a market capitalization of $9.27 billion, a P/E ratio of 42.86, 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 firm’s fifty day simple moving average is $64.24 and its 200-day simple moving average is $58.85.

Analysts Set New Price Targets

BRBR has been the topic of several analyst reports. Truist Financial lifted their target price on shares of BellRing Brands from $50.00 to $60.00 and gave the stock a “hold” rating in a research report on Wednesday, October 16th. Stephens restated an “equal weight” rating and issued a $55.00 target price on shares of BellRing Brands in a research note on Tuesday, August 6th. Barclays raised their target price on BellRing Brands from $68.00 to $74.00 and gave the stock an “overweight” rating in a report on Wednesday, November 6th. JPMorgan Chase & Co. cut their target price on BellRing Brands from $65.00 to $64.00 and set an “overweight” rating on the stock in a research note on Wednesday, August 7th. Finally, Evercore ISI boosted their target price on BellRing Brands from $65.00 to $70.00 and gave the stock an “outperform” rating in a report on Thursday, October 24th. Three analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $67.33.

BellRing Brands Company Profile

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.