BRC (NYSE:BRCC) Issues Quarterly Earnings Results

BRC (NYSE:BRCC - Get Free Report) issued its quarterly earnings data on Monday. The company reported ($0.04) earnings per share for the quarter, missing analysts' consensus estimates of ($0.02) by ($0.02), Zacks reports. BRC had a negative net margin of 1.22% and a positive return on equity of 23.35%. The company had revenue of $89.97 million for the quarter, compared to the consensus estimate of $88.08 million. BRC updated its FY 2025 guidance to EPS.

BRC Price Performance

NYSE:BRCC traded up $0.06 during trading hours on Friday, hitting $1.63. 1,338,406 shares of the stock traded hands, compared to its average volume of 861,899. The stock has a 50 day moving average price of $2.10 and a 200 day moving average price of $2.63. The company has a quick ratio of 0.58, a current ratio of 1.14 and a debt-to-equity ratio of 0.92. The company has a market cap of $346.48 million, a price-to-earnings ratio of -20.31 and a beta of 1.14. BRC has a 1 year low of $1.48 and a 1 year high of $7.14.

Analyst Upgrades and Downgrades

BRCC has been the topic of a number of research reports. Telsey Advisory Group restated an "outperform" rating and issued a $4.00 price target on shares of BRC in a research note on Thursday, May 1st. Roth Capital set a $2.00 price target on shares of BRC and gave the company a "neutral" rating in a research report on Wednesday. Roth Mkm reissued a "neutral" rating and issued a $2.50 price objective (down previously from $3.50) on shares of BRC in a report on Wednesday, March 5th. Finally, DA Davidson reaffirmed a "buy" rating and set a $3.00 target price on shares of BRC in a report on Wednesday, March 19th. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $4.50.

About BRC

BRC Inc, through its subsidiaries, purchases, roasts, and sells coffee, coffee accessories, and branded apparel in the United States. The company also produces media content, as well as sells coffee brewing equipment, and outdoor and lifestyle gear. It supports active military, veterans, and first responders.