William Blair Has Pessimistic Outlook of BRC FY2025 Earnings

BRC Inc. (NYSE:BRCC) – Equities research analysts at William Blair decreased their FY2025 EPS estimates for BRC in a research note issued on Tuesday, November 5th. William Blair analyst J. Andersen now anticipates that the company will earn $0.05 per share for the year, down from their prior forecast of $0.10. The consensus estimate for BRC’s current full-year earnings is ($0.03) per share.

A number of other analysts have also issued reports on BRCC. DA Davidson reiterated a “buy” rating and set a $5.50 price target on shares of BRC in a research note on Wednesday, September 18th. Roth Capital cut shares of BRC from a “strong-buy” rating to a “hold” rating in a report on Friday, August 9th. Roth Mkm reiterated a “neutral” rating and set a $3.50 price target (down previously from $4.00) on shares of BRC in a report on Wednesday. Finally, Telsey Advisory Group reaffirmed an “outperform” rating and set a $6.00 price objective on shares of BRC in a research report on Thursday, October 31st. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $6.50.

BRC Price Performance

BRCC stock opened at $3.06 on Friday. The business’s fifty day moving average price is $3.43 and its 200 day moving average price is $4.63. BRC has a 12-month low of $2.60 and a 12-month high of $7.14. The company has a current ratio of 1.14, a quick ratio of 0.59 and a debt-to-equity ratio of 0.92. The company has a market capitalization of $650.31 million, a PE ratio of -38.25 and a beta of 1.16.

BRC (NYSE:BRCC) last issued its quarterly earnings data on Monday, November 4th. The company reported ($0.01) EPS for the quarter, topping the consensus estimate of ($0.02) by $0.01. BRC had a negative net margin of 1.22% and a positive return on equity of 23.35%. The firm had revenue of $98.20 million for the quarter, compared to analyst estimates of $95.06 million. During the same period in the prior year, the business posted ($0.05) EPS.

Insider Buying and Selling at BRC

In other news, Director Evan Hafer sold 3,000,000 shares of BRC stock in a transaction dated Wednesday, September 11th. The stock was sold at an average price of $3.20, for a total transaction of $9,600,000.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In related news, Director Thomas E. Davin sold 10,884 shares of the stock in a transaction on Monday, September 9th. The shares were sold at an average price of $3.81, for a total transaction of $41,468.04. Following the completion of the sale, the director now owns 15,851 shares in the company, valued at $60,392.31. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Evan Hafer sold 3,000,000 shares of the firm’s stock in a transaction on Wednesday, September 11th. The stock was sold at an average price of $3.20, for a total transaction of $9,600,000.00. The disclosure for this sale can be found here. Insiders sold 4,010,884 shares of company stock worth $12,811,468 over the last 90 days. Corporate insiders own 73.80% of the company’s stock.

Institutional Investors Weigh In On BRC

Several hedge funds have recently made changes to their positions in the business. nVerses Capital LLC purchased a new stake in BRC during the 2nd quarter valued at approximately $28,000. Comerica Bank raised its stake in shares of BRC by 316.4% during the first quarter. Comerica Bank now owns 6,054 shares of the company’s stock worth $26,000 after purchasing an additional 4,600 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of BRC during the first quarter worth $45,000. Smith Thornton Advisors LLC purchased a new position in BRC in the 3rd quarter valued at $45,000. Finally, United Asset Strategies Inc. acquired a new position in BRC in the 3rd quarter valued at $50,000. Institutional investors and hedge funds own 16.29% of the company’s stock.

BRC Company Profile

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.