BRBR Stock Summary and Trading Ideas (Bellring Brands Common | NYSE:BRBR)

BellRing Brands Inc is a United States-based company engaged in providing nutrition-related products. Its brands, Premier Protein, Dymatize, and PowerBar provides various products including ready-to-drink protein shakes, powders, and nutrition bars. The company's products are distributed through a diverse network of channels including club, food, drug and mass, eCommerce, convenience and specialty.

Bellring Brands Common trades on the NYSE stock market under the symbol BRBR.

As of April 19, 2024, BRBR stock price declined to $53.98 with 886,984 million shares trading.

BRBR has a beta of 0.80, meaning it tends to be less sensitive to market movements. BRBR has a correlation of 0.13 to the broad based SPY ETF.

BRBR has a market cap of $7.08 billion. This is considered a Mid Cap stock.

Last quarter Bellring Brands Common reported $430 million in Revenue and $.43 earnings per share. This beat revenue expectation by $18 million and exceeded earnings estimates by $.04.

In the last 3 years, BRBR stock traded as high as $62.76 and as low as $20.20.

The top ETF exchange traded funds that BRBR belongs to (by Net Assets): VTI, IJH, VB, IWM, VXF.

BRBR has outperformed the market in the last year with a return of +53.9%, while the SPY ETF gained +21.2%. However, in the most recent history, BRBR shares have underperformed the stock market with its stock returning -1.2% in the last 3 month period and -6.1% for the last 2 week period, while SPY has returned +4.3% and -3.5%, respectively.

BRBR support price is $53.29 and resistance is $55.17 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BRBR stock will trade within this expected range on the day.