BRC Inc. (NYSE:BRCC - Free Report) - Equities research analysts at William Blair lowered their FY2025 EPS estimates for BRC in a research report issued to clients and investors on Wednesday, March 5th. William Blair analyst J. Andersen now expects that the company will earn ($0.02) per share for the year, down from their previous estimate of $0.05. The consensus estimate for BRC's current full-year earnings is ($0.02) per share.
Several other brokerages also recently weighed in on BRCC. DA Davidson decreased their price target on BRC from $5.00 to $3.00 and set a "buy" rating for the company in a report on Wednesday, March 5th. Telsey Advisory Group set a $4.00 price target on shares of BRC in a research note on Wednesday, March 5th. Roth Mkm reissued a "neutral" rating and set a $2.50 price target (down from $3.50) on shares of BRC in a report on Wednesday, March 5th. Finally, Roth Capital set a $2.50 price objective on BRC in a report on Wednesday, March 5th. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $4.60.
Read Our Latest Stock Report on BRC
BRC Stock Performance
Shares of BRCC stock traded down $0.07 during midday trading on Monday, hitting $1.97. The company had a trading volume of 970,100 shares, compared to its average volume of 871,277. The stock has a market cap of $418.63 million, a price-to-earnings ratio of -24.56 and a beta of 1.09. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.14 and a quick ratio of 0.58. The company's 50 day simple moving average is $2.68 and its 200 day simple moving average is $3.09. BRC has a 52-week low of $1.94 and a 52-week high of $7.14.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Wolverine Trading LLC lifted its position in shares of BRC by 48.3% during the 4th quarter. Wolverine Trading LLC now owns 18,221 shares of the company's stock valued at $56,000 after acquiring an additional 5,936 shares during the period. State of Wyoming increased its stake in BRC by 599.7% in the 4th quarter. State of Wyoming now owns 66,680 shares of the company's stock valued at $211,000 after purchasing an additional 57,150 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. acquired a new position in BRC during the fourth quarter worth $30,000. Point72 Asset Management L.P. purchased a new stake in BRC during the fourth quarter worth $872,000. Finally, ProShare Advisors LLC acquired a new stake in BRC in the fourth quarter valued at $47,000. 16.29% of the stock is currently owned by institutional investors and hedge funds.
About BRC
(
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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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