Equities Analysts Issue Forecasts for BRLT Q1 Earnings

Brilliant Earth Group, Inc. (NASDAQ:BRLT - Free Report) - Research analysts at Telsey Advisory Group issued their Q1 2025 earnings per share (EPS) estimates for Brilliant Earth Group in a research report issued on Tuesday, April 29th. Telsey Advisory Group analyst D. Telsey forecasts that the company will post earnings per share of ($0.03) for the quarter. Telsey Advisory Group currently has a "Market Perform" rating and a $2.00 price target on the stock. The consensus estimate for Brilliant Earth Group's current full-year earnings is ($0.02) per share. Telsey Advisory Group also issued estimates for Brilliant Earth Group's Q2 2025 earnings at ($0.01) EPS, Q3 2025 earnings at ($0.01) EPS and Q4 2025 earnings at $0.01 EPS.

Separately, Jefferies Financial Group cut shares of Brilliant Earth Group from a "buy" rating to a "hold" rating and cut their price target for the company from $4.00 to $1.60 in a report on Tuesday, February 4th.

Brilliant Earth Group Trading Down 1.3 %

Shares of BRLT stock traded down $0.02 during trading hours on Wednesday, reaching $1.54. The company's stock had a trading volume of 24,682 shares, compared to its average volume of 65,523. The company has a current ratio of 2.80, a quick ratio of 2.27 and a debt-to-equity ratio of 0.49. The stock has a market capitalization of $153.06 million, a P/E ratio of 51.35 and a beta of 1.44. The firm's fifty day simple moving average is $1.47 and its 200 day simple moving average is $1.69. Brilliant Earth Group has a one year low of $1.25 and a one year high of $2.74.

Insiders Place Their Bets

In other Brilliant Earth Group news, insider Sharon Dziesietnik sold 20,792 shares of the firm's stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $1.50, for a total transaction of $31,188.00. Following the completion of the transaction, the insider now owns 371,329 shares of the company's stock, valued at approximately $556,993.50. This trade represents a 5.30 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 84.70% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of BRLT. Jane Street Group LLC bought a new stake in Brilliant Earth Group during the fourth quarter worth about $25,000. XTX Topco Ltd bought a new stake in shares of Brilliant Earth Group in the 4th quarter worth approximately $38,000. Millennium Management LLC purchased a new stake in shares of Brilliant Earth Group in the 4th quarter worth approximately $65,000. Impact Investors Inc bought a new position in Brilliant Earth Group during the 4th quarter valued at approximately $103,000. Finally, Mariner LLC bought a new position in Brilliant Earth Group during the 4th quarter valued at approximately $105,000. 70.41% of the stock is currently owned by institutional investors.

Brilliant Earth Group Company Profile

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.