Brilliant Earth Group (BRLT) Expected to Announce Earnings on Tuesday

Brilliant Earth Group (NASDAQ:BRLT - Get Free Report) is projected to post its Q1 2025 quarterly earnings results before the market opens on Tuesday, May 6th. Analysts expect the company to announce earnings of ($0.01) per share and revenue of $94.42 million for the quarter.

Brilliant Earth Group Stock Performance

Shares of BRLT traded up $0.02 during trading hours on Tuesday, hitting $1.56. The stock had a trading volume of 2,715 shares, compared to its average volume of 65,135. Brilliant Earth Group has a 12 month low of $1.25 and a 12 month high of $2.74. The stock has a fifty day moving average price of $1.46 and a 200 day moving average price of $1.69. The company has a debt-to-equity ratio of 0.49, a current ratio of 2.80 and a quick ratio of 2.27. The firm has a market capitalization of $154.55 million, a PE ratio of 51.85 and a beta of 1.44.

Analysts Set New Price Targets

Several brokerages have recently weighed in on BRLT. Jefferies Financial Group cut shares of Brilliant Earth Group from a "buy" rating to a "hold" rating and lowered their price objective for the stock from $4.00 to $1.60 in a research note on Tuesday, February 4th. Telsey Advisory Group reiterated a "market perform" rating and set a $2.00 price target on shares of Brilliant Earth Group in a research note on Tuesday.

Insider Transactions at Brilliant Earth Group

In related news, insider Sharon Dziesietnik sold 20,792 shares of the stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $1.50, for a total value of $31,188.00. Following the completion of the sale, the insider now directly owns 371,329 shares of the company's stock, valued at approximately $556,993.50. This represents a 5.30 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 84.70% of the company's stock.

About Brilliant Earth Group

Brilliant Earth Group, Inc designs, procures, and sells diamonds, gemstones, and jewelry in the United States and internationally. The company's product assortment and merchandise include a collection of diamond engagement rings, wedding and anniversary rings, gemstone rings, and fine jewelry. It sells directly to consumers through its omnichannel sales platform, including e-commerce and showrooms.

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