A History of Outperforming Analyst Forecasts and Beating the Odds: BRC Inc (BRCC)

With 1.34 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.7 million shares. The 52-week range on BRCC shows that it touched its highest point at $7.14 and its lowest point at $1.50 during that stretch. It currently has a 1-year price target of $2.83. Beta for the stock currently stands at 1.11.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of BRCC was down-trending over the past week, with a drop of -28.82%, but this was down by -19.70% over a month. Three-month performance dropped to -35.57% while six-month performance fell -50.46%. The stock lost -60.91% in the past year, while it has lost -48.58% so far this year. A look at the trailing 12-month EPS for BRCC yields -0.08 with Next year EPS estimates of -0.02. For the next quarter, that number is -0.03. This implies an EPS growth rate of -18.75% for this year and 52.63% for next year.

Float and Shares Shorts:

At present, 78.61 million BRCC shares are outstanding with a float of 74.11 million shares on hand for trading.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for BRCC since 4 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 3 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.0025 being high and -$0.015 being low. For BRCC, this leads to a yearly average estimate of -$0.005.