NASDAQ:BRLT

Brilliant Earth Group (BRLT) Stock Forecast, Price & News

$3.79

-0.19 (-4.77%)

(As of 06/8/2023 ET)

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Today's Range: $3.71
▼
$4.00
50-Day Range: $3.29
▼
$4.18
52-Week Range: $3.25
▼
$9.44

Volume: 57,878 shs
Average Volume: 81,093 shs
Market Capitalization: $364.83 million

P/E Ratio: 29.16
Dividend Yield: N/A
Price Target: $6.67

Brilliant Earth Group MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.57 Rating Score
Upside/Downside: 75.9% Upside
$6.67 Price Target
Short Interest: Bearish
3.50% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 1.24
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 150.00%
From $0.06 to $0.15 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.98 out of 5 stars

Retail/Wholesale Sector

13th out of 208 stocks

Jewelry, Silverware, & Plated Ware Industry

1st out of 1 stocks

4.3

Analyst's Opinion

Consensus Rating
Brilliant Earth Group has received a consensus rating of Buy. The company's average rating score is 2.57, and is based on 4 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $6.67, Brilliant Earth Group has a forecasted upside of 75.9% from its current price of $3.79.
Amount of Analyst Coverage
Brilliant Earth Group has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.0

Short Interest

Percentage of Shares Shorted
3.50% of the float of Brilliant Earth Group has been sold short.
Short Interest Ratio / Days to Cover
Brilliant Earth Group has a short interest ratio ("days to cover") of 5.
Change versus previous month
Short interest in Brilliant Earth Group has recently increased by 18.73%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Brilliant Earth Group does not currently pay a dividend.
Dividend Growth
Brilliant Earth Group does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for BRLT.

4.0

News and Social Media Coverage

News Sentiment
Brilliant Earth Group has a news sentiment score of 1.24. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.46 average news sentiment score of Retail/Wholesale companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Brilliant Earth Group this week, compared to 2 articles on an average week.
Search Interest
5 people have searched for BRLT on MarketBeat in the last 30 days. This is an increase of 400% compared to the previous 30 days.
MarketBeat Follows
2 people have added Brilliant Earth Group to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Brilliant Earth Group insiders have not sold or bought any company stock.
Percentage Held by Insiders
85.81% of the stock of Brilliant Earth Group is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 6.76% of the stock of Brilliant Earth Group is held by institutions.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Brilliant Earth Group are expected to grow by 150.00% in the coming year, from $0.06 to $0.15 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Brilliant Earth Group is 29.16, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.28.
Price to Earnings Ratio vs. Sector
The P/E ratio of Brilliant Earth Group is 29.16, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 35.86.
Price to Book Value per Share Ratio
Brilliant Earth Group has a P/B Ratio of 3.91. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Brilliant Earth Group (NASDAQ:BRLT) Stock

Brilliant Earth Group, Inc. engages in the design, procurement, and retail sale of diamonds, gemstones, and jewelry in the United States and internationally. Its product assortment and merchandise include a collection of diamond engagement rings, wedding and anniversary rings, gemstone rings, and fine jewelry. The company sells directly to consumers through its omnichannel sales platform, including e-commerce and showrooms. As of December 31, 2021, it had 15 showrooms. The company was founded in 2005 and is headquartered in San Francisco, California.

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BRLT Stock News Headlines

June 6, 2023 | fool.com

Brilliant Earth Group (NASDAQ: BRLT)

June 5, 2023 | finance.yahoo.com

Is Brilliant Earth Group, Inc. (NASDAQ:BRLT) Trading At A 42% Discount?

June 8, 2023 | Behind the Markets (Ad)

BREAKING: Tiny biotech successfully treats blindness

There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.

June 5, 2023 | finance.yahoo.com

Brilliant Earth Extends Leadership in Blockchain Diamonds Through Participation with Tracr

May 30, 2023 | americanbankingnews.com

Analysts Set Brilliant Earth Group, Inc. (NASDAQ:BRLT) Target Price at $6.60

May 16, 2023 | finance.yahoo.com

Brilliant Earth Group, Inc. (NASDAQ:BRLT) Q1 2023 Earnings Call Transcript

May 12, 2023 | finance.yahoo.com

Brilliant Earth Reports First Quarter 2023 Results

May 11, 2023 | msn.com

Brilliant Earth Group: Q1 Earnings Insights

June 8, 2023 | Behind the Markets (Ad)

The single greatest medical breakthrough of all time?

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May 11, 2023 | finance.yahoo.com

Brilliant Earth Group, Inc. (BRLT) Tops Q1 Earnings and Revenue Estimates

May 10, 2023 | finance.yahoo.com

Brilliant Earth Announces Participation in the 18th Annual Needham Technology & Media Conference on May 16th, 2023

May 10, 2023 | markets.businessinsider.com

Brilliant Earth Group A is about to announce earnings — here's what Wall Street expects

May 9, 2023 | americanbankingnews.com

Brilliant Earth Group (BRLT) Scheduled to Post Earnings on Thursday

May 7, 2023 | americanbankingnews.com

Brilliant Earth Group, Inc. (NASDAQ:BRLT) Given Consensus Recommendation of "Moderate Buy" by Brokerages

May 4, 2023 | finance.yahoo.com

Analysts Estimate Brilliant Earth Group, Inc. (BRLT) to Report a Decline in Earnings: What to Look Out for

April 27, 2023 | finance.yahoo.com

Brilliant Earth to Report First Quarter 2023 Financial Results on May 11th

April 27, 2023 | finance.yahoo.com

Brilliant Earth Announces Opening of the Company’s 30th Showroom

April 22, 2023 | americanbankingnews.com

Brilliant Earth Group (NASDAQ:BRLT) Lowered to Market Perform at Raymond James

April 20, 2023 | markets.businessinsider.com

7 Analysts Have This to Say About Brilliant Earth Group

April 20, 2023 | finance.yahoo.com

Brilliant Earth Continues its Showroom Expansion with New Location in Pasadena's One Colorado Shopping Center

April 17, 2023 | americanbankingnews.com

Brilliant Earth Group, Inc. (NASDAQ:BRLT) Short Interest Up 37.1% in March

April 15, 2023 | seekingalpha.com

Brilliant Earth Is In A Very Uncertain Environment

April 12, 2023 | americanbankingnews.com

Brokerages Set Brilliant Earth Group, Inc. (NASDAQ:BRLT) Price Target at $7.50

April 5, 2023 | benzinga.com

Brilliant Earth Co-Founder and CEO Beth Gerstein Included in Inc.'s 2023 Female Founders List

April 4, 2023 | finance.yahoo.com

Brilliant Earth Co-Founder and CEO Beth Gerstein Included in Inc.’s 2023 Female Founders List

March 28, 2023 | finance.yahoo.com

Brilliant Earth Continues East Coast Expansion with New Showroom in Williamsburg, Brooklyn

March 22, 2023 | americanbankingnews.com

Q1 2024 Earnings Estimate for Brilliant Earth Group, Inc. (NASDAQ:BRLT) Issued By Jefferies Financial Group

See More Headlines

BRLT Price History

30 days | 90 days | 365 days | Advanced Chart

BRLT Company Calendar

Last Earnings: 3/15/2023
Today: 6/08/2023
Next Earnings (Estimated): 8/10/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Jewelry, silverware, & plated ware
Sub-Industry: N/A
Sector: Retail/Wholesale
Current Symbol: NASDAQ:BRLT
CUSIP: N/A
CIK: 1866757
Web: www.brilliantearth.com
Phone: 800-691-0952
Fax: N/A
Employees: 420
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $6.67
High Stock Price Forecast: $8.00
Low Stock Price Forecast: $5.00
Forecasted Upside/Downside: +67.5%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.57
Research Coverage: 7 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.13
Trailing P/E Ratio: 30.62
Forward P/E Ratio: 66.33
P/E Growth: N/A
Net Income: $2.13 million
Net Margins: 1.65%
Pretax Margin: 3.41%
Return on Equity: 17.22%
Return on Assets: 5.92%

Debt

Debt-to-Equity Ratio: 0.63
Current Ratio: 2.85
Quick Ratio: 2.30

Sales & Book Value

Annual Sales: $439.88 million
Price / Sales: 0.87
Cash Flow: $0.24 per share
Price / Cash Flow: 16.36
Book Value: $0.97 per share
Price / Book: 4.10

Miscellaneous

Outstanding Shares: 96,260,000
Free Float: 13,659,000
Market Cap: $383.11 million
Optionable: Not Optionable
Beta: 1.67

Key Executives

Mr. Eric Scott Grossberg (Age 45)
Exec. Chairman
Comp: $621.82k

Ms. Beth Tanara Gerstein (Age 46)
CEO & Director
Comp: $621.82k

Mr. Chuenhong Kuo (Age 46)
Chief Financial Officer
Comp: $528.83k

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

BRLT Stock - Frequently Asked Questions

Should I buy or sell Brilliant Earth Group stock right now?: 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Brilliant Earth Group in the last twelve months. There are currently 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" BRLT shares.
View BRLT analyst ratings or view top-rated stocks.
What is Brilliant Earth Group's stock price forecast for 2023?: 7 Wall Street research analysts have issued 12-month price targets for Brilliant Earth Group's shares. Their BRLT share price forecasts range from $5.00 to $8.00. On average, they predict the company's share price to reach $6.67 in the next twelve months. This suggests a possible upside of 67.5% from the stock's current price.
View analysts price targets for BRLT or view top-rated stocks among Wall Street analysts.
How have BRLT shares performed in 2023?: Brilliant Earth Group's stock was trading at $4.31 at the beginning of the year. Since then, BRLT shares have decreased by 7.7% and is now trading at $3.98.
View the best growth stocks for 2023 here.
When is Brilliant Earth Group's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, August 10th 2023.
View our BRLT earnings forecast.
How were Brilliant Earth Group's earnings last quarter?: Brilliant Earth Group, Inc. (NASDAQ:BRLT) announced its quarterly earnings data on Wednesday, March, 15th. The company reported $0.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.02 by $0.02. The business had revenue of $119.60 million for the quarter, compared to analysts' expectations of $123.17 million. Brilliant Earth Group had a net margin of 1.65% and a trailing twelve-month return on equity of 17.22%.
What ETFs hold Brilliant Earth Group's stock?: ETFs with the largest weight of Brilliant Earth Group (NASDAQ:BRLT) stock in their portfolio include First Trust NASDAQ BuyWrite Income ETF (FTQI).
What guidance has Brilliant Earth Group issued on next quarter's earnings?: Brilliant Earth Group issued an update on its FY 2023 earnings guidance on Friday, May, 12th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $460.00 million-$490.00 million, compared to the consensus revenue estimate of $475.87 million.

When did Brilliant Earth Group IPO?: (BRLT) raised $125 million in an IPO on Thursday, September 23rd 2021. The company issued 8,333,333 shares at a price of $14.00-$16.00 per share.
What is Brilliant Earth Group's stock symbol?: Brilliant Earth Group trades on the NASDAQ under the ticker symbol "BRLT."
Who are Brilliant Earth Group's major shareholders?: Brilliant Earth Group's stock is owned by a number of institutional and retail investors. Top institutional investors include Ameriprise Financial Inc. (0.93%), Uniplan Investment Counsel Inc. (0.24%), Blair William & Co. IL (0.13%), Renaissance Technologies LLC (0.08%), Group One Trading L.P. (0.00%) and Two Sigma Advisers LP (0.01%). Insiders that own company stock include Beth Tamara Gerstein, Eric Scott Grossberg, Ian Bickley, Jeffrey Chuenhong Kuo and Just Rocks, Inc.
View institutional ownership trends.
How do I buy shares of Brilliant Earth Group?: Shares of BRLT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Brilliant Earth Group's stock price today?: One share of BRLT stock can currently be purchased for approximately $3.98.
How much money does Brilliant Earth Group make?: Brilliant Earth Group (NASDAQ:BRLT) has a market capitalization of $383.11 million and generates $439.88 million in revenue each year. The company earns $2.13 million in net income (profit) each year or $0.13 on an earnings per share basis.
How many employees does Brilliant Earth Group have?: The company employs 420 workers across the globe.
How can I contact Brilliant Earth Group?: Brilliant Earth Group's mailing address is 300 GRANT AVENUE 3RD FLOOR, SAN FRANCISCO CA, 94108. The official website for the company is www.brilliantearth.com. The company can be reached via phone at 800-691-0952 or via email at investorrelations@brilliantearth.com.

This page (NASDAQ:BRLT) was last updated on 6/8/2023 by MarketBeat.com Staff

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