BellRing Brands (NYSE:BRBR) Releases Earnings Results, Misses Expectations By $0.17 EPS

Key Points

• Earnings miss: BellRing reported Q EPS of $0.14 versus a consensus $0.31, missing by $0.17, with revenue of $598.7M (vs. $608.9M est.); EPS fell from $0.53 a year ago while revenue rose 1.8% year‑over‑year.
• Shares opened at $9.95 and the company trades with a market cap of $1.17B and a P/E of 7.04, while its 50‑day and 200‑day moving averages are $16.79 and $23.65, signaling a sharp decline in the stock price.
• Analyst and ownership picture is mixed: the consensus rating is a "Moderate Buy" with an average target of $33.88, but several downgrades and cuts have appeared; institutional investors hold 94.97% of shares and a director recently bought 2,000 shares at $17.75.

BellRing Brands (NYSE:BRBR - Get Free Report) released its quarterly earnings data on Tuesday. The company reported $0.14 earnings per share for the quarter, missing the consensus estimate of $0.31 by ($0.17), FiscalAI reports. The company had revenue of $598.70 million for the quarter, compared to the consensus estimate of $608.88 million. BellRing Brands had a negative return on equity of 64.79% and a net margin of 7.88%.The business's revenue was up 1.8% compared to the same quarter last year. During the same period in the prior year, the business earned $0.53 earnings per share.

BellRing Brands Price Performance

Shares of NYSE BRBR opened at $9.95 on Tuesday. BellRing Brands has a one year low of $12.00 and a one year high of $70.80. The business's 50-day moving average price is $16.79 and its two-hundred day moving average price is $23.65. The company has a market capitalization of $1.17 billion, a P/E ratio of 7.04, a price-to-earnings-growth ratio of 5.57 and a beta of 0.74.

Insider Buying and Selling at BellRing Brands

In other news, Director David Isaiah Finkelstein purchased 2,000 shares of BellRing Brands stock in a transaction dated Friday, February 13th. The stock was acquired at an average cost of $17.75 per share, for a total transaction of $35,500.00. Following the acquisition, the director directly owned 7,391 shares in the company, valued at $131,190.25. This represents a 37.10% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 1.50% of the stock is owned by company insiders.

Hedge Funds Weigh In On BellRing Brands

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Danske Bank A S bought a new stake in BellRing Brands in the third quarter worth approximately $29,000. IFP Advisors Inc raised its holdings in shares of BellRing Brands by 124.3% during the 3rd quarter. IFP Advisors Inc now owns 1,034 shares of the company's stock valued at $38,000 after purchasing an additional 573 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in shares of BellRing Brands by 42.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,248 shares of the company's stock valued at $72,000 after purchasing an additional 373 shares during the last quarter. EverSource Wealth Advisors LLC lifted its stake in shares of BellRing Brands by 89.9% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,595 shares of the company's stock valued at $92,000 after purchasing an additional 755 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd boosted its holdings in BellRing Brands by 333.6% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 1,856 shares of the company's stock worth $50,000 after purchasing an additional 1,428 shares in the last quarter. Institutional investors own 94.97% of the company's stock.

Wall Street Analyst Weigh In

BRBR has been the subject of several analyst reports. Weiss Ratings downgraded BellRing Brands from a "hold (c-)" rating to a "sell (d+)" rating in a report on Monday, February 2nd. Zacks Research raised BellRing Brands from a "strong sell" rating to a "hold" rating in a research note on Wednesday, March 4th. DA Davidson restated a "buy" rating and set a $32.00 price objective on shares of BellRing Brands in a report on Wednesday, February 4th. UBS Group reduced their price objective on shares of BellRing Brands from $23.00 to $19.00 and set a "neutral" rating for the company in a research note on Tuesday, April 7th. Finally, JPMorgan Chase & Co. decreased their target price on shares of BellRing Brands from $28.00 to $21.00 and set an "overweight" rating for the company in a report on Wednesday, April 22nd. Twelve research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $33.88.

About BellRing Brands

BellRing Brands, Inc is a consumer packaged goods company specializing in high‐protein, better‐for‐you nutrition products. Formed in March 2020 as a spin‐off from Post Holdings, the company focuses on delivering convenient protein solutions to health‐conscious consumers through a portfolio of well‐known and emerging brands.

The company's product offerings include ready‐to‐drink protein shakes, protein powders, nutrition bars and other performance nutrition items. BellRing Brands' flagship brands include Premier Protein, a line of shakes and bars designed for everyday protein supplementation, as well as Dymatize and PowerBar, which cater to athletes and active individuals seeking advanced sports nutrition formulas.

BellRing Brands markets its products primarily across North America, leveraging relationships with major retailers, wholesale clubs and e-commerce platforms to reach consumers in the United States and Canada.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.