William Blair Has Pessimistic View of BRC FY2025 Earnings

BRC Inc. (NYSE:BRCC) – Stock analysts at William Blair lowered their FY2025 earnings estimates for BRC in a research report issued 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 prior forecast of $0.05. The consensus estimate for BRC’s current full-year earnings is ($0.02) per share.

A number of other equities analysts also recently commented on the stock. Roth Capital set a $2.50 price objective on shares of BRC in a report on Wednesday, March 5th. DA Davidson decreased their price objective on shares of BRC from $5.00 to $3.00 and set a “buy” rating for the company in a report on Wednesday, March 5th. Roth Mkm reissued a “neutral” rating and set a $2.50 price target (down previously from $3.50) on shares of BRC in a report on Wednesday, March 5th. Finally, Telsey Advisory Group set a $4.00 price target on shares of BRC in a report on Wednesday, March 5th. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $4.60.

BRC Stock Performance

BRC stock opened at $2.07 on Monday. The company has a market cap of $440.57 million, a PE ratio of -25.85 and a beta of 1.09. The company has a fifty day moving average price of $2.73 and a two-hundred day moving average price of $3.11. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.14 and a quick ratio of 0.58. BRC has a 12 month low of $2.00 and a 12 month high of $7.14.

Hedge Funds Weigh In On BRC

Hedge funds and other institutional investors have recently modified their holdings of the company. Creative Planning bought a new stake in shares of BRC during the third quarter valued at about $192,000. Intech Investment Management LLC bought a new stake in shares of BRC during the third quarter valued at about $56,000. Charles Schwab Investment Management Inc. raised its stake in shares of BRC by 3.6% during the third quarter. Charles Schwab Investment Management Inc. now owns 377,477 shares of the company’s stock valued at $1,291,000 after purchasing an additional 13,087 shares in the last quarter. Dynamic Technology Lab Private Ltd bought a new stake in shares of BRC during the third quarter valued at about $312,000. Finally, QVIDTVM Management LLC raised its stake in shares of BRC by 24.2% during the third quarter. QVIDTVM Management LLC now owns 3,219,929 shares of the company’s stock valued at $11,012,000 after purchasing an additional 627,653 shares in the last quarter. 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.