BRC Inc [NYSE: BRCC] stock went on an upward path that rose over 1.27% on Thursday, amounting to a one-week price increase of more than 28.23%.
Over the last 12 months, BRCC stock dropped by -49.84%. The one-year BRC Inc stock forecast points to a potential upside of 43.82. The average equity rating for BRCC stock is currently 1.80, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $343.10 million, with 78.61 million shares outstanding and 75.87 million shares in the current float. Compared to the average trading volume of 794.79K shares, BRCC stock reached a trading volume of 377749 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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 11.19, 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 28.23. With this latest performance, BRCC shares dropped by -5.92% in over the last four-week period, additionally sinking by -48.71% over the last 6 months – not to mention a drop of -49.84% in the past year of trading.
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%.
Return on Equity for this stock declined to -2.84%, with Return on Assets sitting at -2.84%.
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%.
