William Blair Weighs in on BRC's FY2026 Earnings (NYSE:BRCC)

Key Points

• William Blair has lowered its FY2026 earnings per share estimate for BRC Inc. to (0.01), which is a drop from the previous estimate of $0.01 per share, while the consensus estimate for the current full year is (0.02) per share.
• Shares of BRC traded down to $1.44, with a fifty-two week low of $1.19 and a high of $4.65, and the market cap currently stands at $204.60 million.
• Recent insider purchases include Director Stephen M. Kadenacy and Glenn W. Welling, who acquired a total of 480,000 shares at $1.25 per share, indicating confidence in the company's prospects.

BRC Inc. (NYSE:BRCC - Free Report) - William Blair cut their FY2026 earnings per share estimates for shares of BRC in a report issued on Wednesday, August 6th. William Blair analyst J. Andersen now forecasts that the company will post earnings of ($0.01) per share for the year, down from their previous forecast of $0.01. The consensus estimate for BRC's current full-year earnings is ($0.02) per share.

Several other equities research analysts have also commented on BRCC. Roth Capital set a $2.00 price target on BRC and gave the stock a "neutral" rating in a research note on Wednesday, May 7th. Telsey Advisory Group reiterated an "outperform" rating and issued a $4.00 price target on shares of BRC in a report on Tuesday.

BRC Stock Performance

NYSE BRCC traded down $0.12 on Friday, hitting $1.44. 408,339 shares of the company's stock were exchanged, compared to its average volume of 795,282. The firm's 50-day moving average price is $1.60 and its two-hundred day moving average price is $2.02. The firm has a market cap of $204.60 million, a price-to-earnings ratio of -9.57 and a beta of 0.93. The company has a debt-to-equity ratio of 1.97, a current ratio of 1.29 and a quick ratio of 0.61. BRC has a fifty-two week low of $1.19 and a fifty-two week high of $4.65.

BRC (NYSE:BRCC - Get Free Report) last released its earnings results on Monday, August 4th. The company reported ($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.03) by ($0.04). BRC had a negative return on equity of 12.88% and a negative net margin of 2.89%. The business had revenue of $94.84 million for the quarter, compared to analyst estimates of $91.78 million.

Institutional Investors Weigh In On BRC

A number of institutional investors have recently modified their holdings of the stock. Millennium Management LLC increased its holdings in shares of BRC by 1,018.3% during the 4th quarter. Millennium Management LLC now owns 1,798,148 shares of the company's stock worth $5,700,000 after purchasing an additional 1,637,357 shares during the period. Goldman Sachs Group Inc. increased its stake in BRC by 204.5% in the first quarter. Goldman Sachs Group Inc. now owns 651,251 shares of the company's stock valued at $1,361,000 after purchasing an additional 437,359 shares in the last quarter. D. E. Shaw & Co. Inc. boosted its holdings in shares of BRC by 697.0% in the fourth quarter. D. E. Shaw & Co. Inc. now owns 445,764 shares of the company's stock valued at $1,413,000 after buying an additional 389,833 shares during the period. Point72 Asset Management L.P. acquired a new position in BRC during the fourth quarter worth $872,000. Finally, Cerity Partners LLC acquired a new position in BRC during the first quarter worth $518,000. Institutional investors and hedge funds own 16.29% of the company's stock.

Insider Buying and Selling at BRC

In related news, Director Stephen M. Kadenacy acquired 80,000 shares of the stock in a transaction that occurred on Friday, July 18th. The shares were acquired at an average price of $1.25 per share, for a total transaction of $100,000.00. Following the completion of the purchase, the director directly owned 1,068,482 shares of the company's stock, valued at $1,335,602.50. The trade was a 8.09% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Glenn W. Welling acquired 400,000 shares of the stock in a transaction that occurred on Friday, July 18th. The shares were bought at an average price of $1.25 per share, for a total transaction of $500,000.00. Following the purchase, the director directly owned 13,935,560 shares of the company's stock, valued at approximately $17,419,450. This trade represents a 2.96% increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last 90 days, insiders have bought 576,000 shares of company stock worth $720,000. 69.00% of the stock is owned by company insiders.

BRC Company Profile

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.

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