William Blair Has Negative Outlook of BRC FY2025 Earnings

BRC Inc. (NYSE:BRCC) – Research analysts at William Blair decreased their FY2025 earnings estimates for shares of BRC in a research note issued on Tuesday, November 5th. William Blair analyst J. Andersen now forecasts that the company will post earnings per share of $0.05 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.

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

Other equities research analysts have also issued reports about the company. DA Davidson reiterated a “buy” rating and issued a $5.50 price objective on shares of BRC in a research report on Wednesday, September 18th. Telsey Advisory Group reiterated an “outperform” rating and issued a $6.00 price target on shares of BRC in a report on Thursday, October 31st. Roth Mkm restated a “neutral” rating and issued a $3.50 price objective (down from $4.00) on shares of BRC in a report on Wednesday. Finally, Roth Capital lowered shares of BRC from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 9th. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $6.50.

BRC Price Performance

Shares of BRC stock opened at $3.06 on Friday. The company’s fifty day simple moving average is $3.43 and its two-hundred day simple moving average is $4.64. BRC has a 12-month low of $2.60 and a 12-month high of $7.14. The firm has a market cap of $650.31 million, a PE ratio of -38.25 and a beta of 1.16. The company has a quick ratio of 0.59, a current ratio of 1.14 and a debt-to-equity ratio of 0.92.

Institutional Investors Weigh In On BRC

Hedge funds have recently added to or reduced their stakes in the stock. Blair William & Co. IL increased its holdings in shares of BRC by 370.2% during the second quarter. Blair William & Co. IL now owns 802,710 shares of the company’s stock valued at $4,921,000 after acquiring an additional 632,000 shares in the last quarter. Maso Capital Partners Ltd bought a new stake in BRC during the 1st quarter valued at about $2,140,000. Marshall Wace LLP increased its stake in BRC by 76.4% during the 2nd quarter. Marshall Wace LLP now owns 812,373 shares of the company’s stock valued at $4,980,000 after purchasing an additional 351,757 shares in the last quarter. Riverwater Partners LLC purchased a new position in BRC in the third quarter worth about $1,091,000. Finally, Renaissance Technologies LLC lifted its stake in shares of BRC by 131.1% in the second quarter. Renaissance Technologies LLC now owns 419,300 shares of the company’s stock worth $2,570,000 after buying an additional 237,869 shares in the last quarter. 16.29% of the stock is owned by institutional investors.

Insider Buying and Selling

In other BRC news, 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other BRC news, Director Evan Hafer sold 3,000,000 shares of the company’s stock in a transaction dated Wednesday, September 11th. The shares were sold at an average price of $3.20, for a total value of $9,600,000.00. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Thomas E. Davin sold 10,884 shares of BRC stock in a transaction that occurred 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 transaction, the director now owns 15,851 shares of the company’s stock, valued at $60,392.31. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 4,010,884 shares of company stock valued at $12,811,468 over the last ninety days. Company insiders own 73.80% 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.