BellRing Brands (BRBR) Stock Dips While Market Gains: Key Facts

In the latest close session, BellRing Brands (BRBR) was down 3.54% at $16.61. This change lagged the S&P 500's 1.15% gain on the day. Elsewhere, the Dow saw an upswing of 1.38%, while the tech-heavy Nasdaq appreciated by 1.38%.

Heading into today, shares of the nutritional supplements company had lost 9.56% over the past month, outpacing the Consumer Staples sector's loss of 10.55% and lagging the S&P 500's loss of 5.69%.

The investment community will be closely monitoring the performance of BellRing Brands in its forthcoming earnings report. The company's upcoming EPS is projected at $0.31, signifying a 41.51% drop compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $608.23 million, up 3.44% from the year-ago period.

For the full year, the Zacks Consensus Estimates project earnings of $1.89 per share and a revenue of $2.41 billion, demonstrating changes of -12.9% and +4.2%, respectively, from the preceding year.

Investors should also pay attention to any latest changes in analyst estimates for BellRing Brands. Such recent modifications usually signify the changing landscape of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.

Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.

Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. As of now, BellRing Brands holds a Zacks Rank of #3 (Hold).

Digging into valuation, BellRing Brands currently has a Forward P/E ratio of 9.12. For comparison, its industry has an average Forward P/E of 12.91, which means BellRing Brands is trading at a discount to the group.

One should further note that BRBR currently holds a PEG ratio of 3.39. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. As the market closed yesterday, the Food - Miscellaneous industry was having an average PEG ratio of 2.65.

The Food - Miscellaneous industry is part of the Consumer Staples sector. This industry, currently bearing a Zacks Industry Rank of 204, finds itself in the bottom 17% echelons of all 250+ industries.

The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.

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BellRing Brands Inc. (BRBR): Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

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