William Blair Has Pessimistic View of BRC FY2025 Earnings

BRC Inc. (NYSE:BRCC) – Equities researchers at William Blair dropped their FY2025 earnings estimates for BRC in a research report issued to clients and investors on Wednesday, March 5th. William Blair analyst J. Andersen now forecasts that the company will post earnings of ($0.02) per share for the year, down from their previous estimate of $0.05. The consensus estimate for BRC’s current full-year earnings is ($0.02) per share.

BRCC has been the topic of several other reports. DA Davidson dropped their price target on shares of BRC from $5.00 to $3.00 and set a “buy” rating on the stock in a research report on Wednesday, March 5th. Roth Mkm reiterated a “neutral” rating and issued a $2.50 price target (down from $3.50) on shares of BRC in a research report on Wednesday, March 5th. Telsey Advisory Group set a $4.00 price target on shares of BRC in a research report on Wednesday, March 5th. Finally, Roth Capital set a $2.50 price objective on BRC in a report on Wednesday, March 5th. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $4.60.

BRC Price Performance

Shares of BRC stock opened at $2.07 on Monday. The company has a current ratio of 1.14, a quick ratio of 0.58 and a debt-to-equity ratio of 0.92. The company’s 50-day moving average price is $2.73 and its two-hundred day moving average price is $3.11. BRC has a 52 week low of $2.00 and a 52 week high of $7.14. The stock has a market cap of $440.57 million, a PE ratio of -25.85 and a beta of 1.09.

Institutional Trading of BRC

Institutional investors and hedge funds have recently bought and sold shares of the stock. Engaged Capital LLC raised its holdings in BRC by 5.3% during the 3rd quarter. Engaged Capital LLC now owns 13,535,560 shares of the company’s stock worth $46,292,000 after buying an additional 684,542 shares during the period. QVIDTVM Management LLC grew its stake in BRC by 24.2% during the 3rd quarter. QVIDTVM Management LLC now owns 3,219,929 shares of the company’s stock valued at $11,012,000 after acquiring an additional 627,653 shares in the last quarter. Verition Fund Management LLC grew its stake in BRC by 4,294.3% during the 3rd quarter. Verition Fund Management LLC now owns 497,211 shares of the company’s stock valued at $1,700,000 after acquiring an additional 485,896 shares in the last quarter. Barclays PLC grew its stake in BRC by 325.9% during the 3rd quarter. Barclays PLC now owns 74,967 shares of the company’s stock valued at $257,000 after acquiring an additional 57,366 shares in the last quarter. Finally, State Street Corp grew its stake in BRC by 3.2% during the 3rd quarter. State Street Corp now owns 955,717 shares of the company’s stock valued at $3,269,000 after acquiring an additional 29,596 shares in the last quarter. Institutional investors and hedge funds own 16.29% of the company’s stock.

About BRC

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.