BRC Inc. (NYSE:BRCC – Get Free Report) Director Kathryn P. Dickson bought 27,500 shares of BRC stock in a transaction on Thursday, November 16th. The shares were purchased at an average price of $3.45 per share, for a total transaction of $94,875.00. Following the acquisition, the director now directly owns 170,210 shares in the company, valued at approximately $587,224.50. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.
BRC Price Performance
Shares of NYSE BRCC remained flat at $4.09 during trading on Monday. 530,135 shares of the stock were exchanged, compared to its average volume of 554,506. The firm’s 50-day moving average price is $3.29 and its 200 day moving average price is $4.36. BRC Inc. has a 12-month low of $2.51 and a 12-month high of $8.27. The stock has a market capitalization of $867.25 million, a PE ratio of -13.97 and a beta of 0.58. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.86 and a quick ratio of 0.63.
Wall Street Analysts Forecast Growth
A number of research analysts have weighed in on the company. Roth Mkm reduced their target price on BRC from $10.00 to $9.00 and set a “buy” rating on the stock in a report on Friday, August 11th. Deutsche Bank Aktiengesellschaft reduced their target price on BRC from $7.00 to $5.00 and set a “hold” rating on the stock in a report on Friday, August 11th. MKM Partners reduced their target price on BRC from $10.00 to $9.00 and set a “buy” rating on the stock in a report on Friday, August 11th. Finally, Telsey Advisory Group reaffirmed an “outperform” rating and set a $8.00 target price on shares of BRC in a research note on Tuesday, September 12th. Three analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, BRC presently has a consensus rating of “Moderate Buy” and an average target price of $7.81.
Hedge Funds Weigh In On BRC
Several hedge funds and other institutional investors have recently modified their holdings of BRCC. JPMorgan Chase & Co. purchased a new position in shares of BRC during the 1st quarter worth $118,000. Raymond James Financial Services Advisors Inc. purchased a new position in shares of BRC during the 1st quarter worth $230,000. Citigroup Inc. purchased a new position in shares of BRC during the 1st quarter worth $771,000. BlackRock Inc. purchased a new position in shares of BRC during the 1st quarter worth $6,188,000. Finally, Vanguard Group Inc. purchased a new position in shares of BRC during the 1st quarter worth $6,479,000. 15.21% of the stock is owned by institutional investors.
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; podcasts; and digital and print journals, as well as sells coffee brewing equipment, and outdoor and lifestyle gear. It supports active military, veterans, and first responders.
- Five stocks we like better than BRC
- How to Invest in Electric Cars
- The most upgraded stocks in November have two things in common
- What Are Dividend Contenders? Investing in Dividend Contenders
- Monday.com rocked earnings like it’s the weekend
- Stocks with Unusual Volume: How to Find Unusual Volume Stocks in Real Time
- Plan to own one retailer? Make it this one
Receive News & Ratings for BRC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BRC and related companies with MarketBeat.com's FREE daily email newsletter.