Analysts Offer Predictions for BRLT Q1 Earnings

Brilliant Earth Group, Inc. (NASDAQ:BRLT) – Analysts at William Blair issued their Q1 2025 earnings estimates for Brilliant Earth Group in a research report issued on Thursday, March 13th. William Blair analyst D. Carden anticipates that the company will post earnings per share of ($0.03) for the quarter. The consensus estimate for Brilliant Earth Group’s current full-year earnings is ($0.02) per share. William Blair also issued estimates for Brilliant Earth Group’s FY2025 earnings at ($0.05) EPS and FY2026 earnings at $0.00 EPS.

Several other equities analysts also recently weighed in on the stock. Jefferies Financial Group downgraded shares of Brilliant Earth Group from a “buy” rating to a “hold” rating and decreased their price target for the stock from $4.00 to $1.60 in a research note on Tuesday, February 4th. Telsey Advisory Group reissued a “market perform” rating and issued a $2.00 price target on shares of Brilliant Earth Group in a research note on Thursday, March 13th.

Brilliant Earth Group Stock Performance

NASDAQ:BRLT opened at $1.41 on Monday. The company’s 50-day moving average price is $1.62 and its 200-day moving average price is $1.80. The company has a current ratio of 2.80, a quick ratio of 2.27 and a debt-to-equity ratio of 0.49. The company has a market cap of $138.96 million, a P/E ratio of 47.02 and a beta of 1.62. Brilliant Earth Group has a twelve month low of $1.25 and a twelve month high of $3.21.

Insiders Place Their Bets

In other Brilliant Earth Group news, insider Sharon Dziesietnik sold 20,792 shares of Brilliant Earth Group stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $1.50, for a total transaction of $31,188.00. Following the transaction, the insider now directly owns 371,329 shares of the company’s stock, valued at $556,993.50. The trade was a 5.30 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 84.70% of the stock is owned by insiders.

Hedge Funds Weigh In On Brilliant Earth Group

Institutional investors have recently bought and sold shares of the company. Impact Investors Inc purchased a new position in Brilliant Earth Group during the fourth quarter worth about $103,000. U.S. Capital Wealth Advisors LLC acquired a new stake in shares of Brilliant Earth Group during the fourth quarter valued at about $128,000. Orion Capital Management LLC increased its position in shares of Brilliant Earth Group by 166.0% during the third quarter. Orion Capital Management LLC now owns 13,300 shares of the company’s stock valued at $28,000 after acquiring an additional 8,300 shares during the last quarter. Klingman & Associates LLC acquired a new stake in shares of Brilliant Earth Group during the fourth quarter valued at about $193,000. Finally, Millennium Management LLC acquired a new stake in shares of Brilliant Earth Group during the fourth quarter valued at about $65,000. 70.41% of the stock is owned by hedge funds and other institutional investors.

About Brilliant Earth Group

Brilliant Earth Group, Inc designs, procures, and sells diamonds, gemstones, and jewelry in the United States and internationally. The company’s product assortment and merchandise include a collection of diamond engagement rings, wedding and anniversary rings, gemstone rings, and fine jewelry. It sells directly to consumers through its omnichannel sales platform, including e-commerce and showrooms.