BRC Inc [NYSE: BRCC] price surged by 17.22 percent to reach at $0.26.
A sum of 5761041 shares traded at recent session while its average daily volume was at 771.86K shares. BRC Inc shares reached a high of $1.935 and dropped to a low of $1.415 until finishing in the latest session at $1.77.
The one-year BRCC stock forecast points to a potential upside of 37.46. The average equity rating for BRCC stock is currently 1.80, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on BRC Inc [BRCC]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BRCC shares is $2.83 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BRCC stock is a recommendation set at 1.80. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Telsey Advisory Group have made an estimate for BRC Inc shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on August 09, 2024. While these analysts kept the previous recommendation, ROTH MKM dropped their target price from $8 to $4. The new note on the price target was released on August 09, 2024, representing the official price target for BRC Inc stock.
The Price to Book ratio for the last quarter was 12.45, with the Price to Cash per share for the same quarter was set at 0.02.
BRCC Stock Performance Analysis:
BRC Inc [BRCC] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 11.32. With this latest performance, BRCC shares gained by 16.45% in over the last four-week period, additionally sinking by -40.00% over the last 6 months – not to mention a drop of -44.16% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for BRCC stock in for the last two-week period is set at 61.63, with the RSI for the last a single of trading hit 0.1467, and the three-weeks RSI is set at 0.1240 for BRC Inc [BRCC]. The present Moving Average for the last 50 days of trading for this stock 1.6332, while it was recorded at 1.5600 for the last single week of trading, and 2.4670 for the last 200 days.
Insight into BRC Inc Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and BRC Inc [BRCC] shares currently have an operating margin of 1.15% and a Gross Margin at 21.09%. BRC Inc’s Net Margin is presently recorded at -1.67%.
BRC Inc (BRCC) Capital Structure & Debt Analysis
According to recent financial data for BRC Inc. ( BRCC), the Return on Equity (ROE) stands at -49.54%, highlighting a negative impact on investor capital. The Return on Assets (ROA) is -2.84%, reflecting the company’s efficiency in generating profits from its assets. Additionally, BRC Inc’s Return on Invested Capital (ROIC) is -6.02%, showcasing its effectiveness in deploying capital for earnings.
BRC Inc (BRCC) Efficiency & Liquidity Metrics
Based on BRC Inc’s (BRCC) latest financial statements, the Debt-to-Equity Ratio is 8.97%, indicating its reliance on debt financing relative to shareholder equity.
BRC Inc (BRCC) Efficiency & Liquidity Metrics
From an operational efficiency perspective, BRC Inc. (BRCC) effectively leverages its workforce, generating an average of -$11597.1 per employee. The company’s liquidity position is robust, with a Current Ratio of 1.30% and a Quick Ratio of 0.61%, indicating strong ability to cover short-term liabilities.
BRC Inc [BRCC] Institutonal Ownership Details
There are presently around $50.30%, or 64.38% of BRCC stock, in the hands of institutional investors. The top three institutional holders of BRCC stocks are: ENGAGED CAPITAL LLC with ownership of 12.85 million shares, which is approximately 18.8406%. VANGUARD GROUP INC, holding 4.59 million shares of the stock with an approximate value of $$28.16 million in BRCC stocks shares; and VANGUARD GROUP INC, currently with $$19.25 million in BRCC stock with ownership which is approximately 4.6038%.
