BRC Inc (NYSE:BRCC) price on Friday, April 11, rose 2.87% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $2.15.
A look at the stock’s price movement, the close in the last trading session was $2.09, moving within a range at $2.05 and $2.2. The beta value (5-Year monthly) was 1.156. Turning to its 52-week performance, $7.14 and $1.89 were the 52-week high and 52-week low respectively. Overall, BRCC moved 9.69% over the past month.
BRC Inc’s market cap currently stands at around $458.04 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Mar-02.
Analysts have a consensus estimate of 88.08M for the company’s revenue for the quarter, with a low and high estimate of 86.9M and 88.7M respectively. The average forecast suggests down to a -10.48% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 406.5M, representing a 3.83% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that BRCC is a 50% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
4 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 3 analyst(s) rate the stock as a Hold, 1 recommend BRCC as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Hold which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
BRCC’s current price about 2.36% and -6.34% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 50.07, while 7-day volatility ratio is 8.86% and 5.96% in the 30-day chart. Further, BRC Inc (BRCC) has a beta value of 1.10, and an average true range (ATR) of 0.14. Analysts have given the company’s stock an average 52-week price target of $3, forecast between a low of $2.5 and high of $4. Looking at the price targets, the low is -16.28% off current price level while to achieve the yearly target high, price needs to move -86.05%. Nonetheless, investors will most likely welcome a -39.53% jump to $3 which is the analysts’ median price.
If we refocus on BRC Inc (NYSE:BRCC), historical trading data shows that trading volumes averaged 0.68 over the past 10 days and 664.76K over the past 3 months. The company’s latest data on shares outstanding shows there are 78.29 million shares.
The 5.52% of BRC Inc’s shares are in the hands of company insiders while institutional holders own 51.87% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 8.46 million on 2025-03-14, giving us a short ratio of 12.08. The data shows that as of 2025-03-14 short interest in BRC Inc (BRCC) stood at 1326.0001 of shares outstanding, with shares short falling to 9.02 million registered in 2025-02-14. Current price change has pushed the stock -32.18% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the BRCC stock continues to rise going into the next quarter.
