In the last trading session, 1.42 million BRC Inc (NYSE:BRCC) shares changed hands as the company’s beta touched 0.89. With the company’s per share price at $1.51 changed hands at $0.2 or 15.27% during last session, the market valuation stood at $325.83M. BRCC’s last price was a discount, traded about -317.22% off its 52-week high of $6.30. The share price had its 52-week low at $1.19, which suggests the last value was 21.19% up since then. When we look at BRC Inc’s average trading volume, we note the 10-day average is 1.25 million shares, with the 3-month average coming to 768.71K.
Analysts gave the BRC Inc (BRCC) stock a consensus recommendation rating of Hold, calculated at a mean rating of 1.80. If we narrow down to specifics, the data shows that 0 out of 4 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 3 recommended BRCC as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight.
BRC Inc (NYSE:BRCC) trade information
Instantly BRCC was in green as seen at the end of in last trading. With action 11.03%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -76.55%, with the 5-day performance at 11.03% in the green. However, in the 30-day time frame, BRC Inc (NYSE:BRCC) is -15.64% down. Looking at the short shares, we see there were 6.52 million shares sold at short interest cover period of 12.37 days.
The consensus price target for the stock as assigned by Wall Street analysts is 3, meaning bulls need an upside of 49.67% from its current market value. According to analyst projections, BRCC’s forecast low is 2 with 4 as the target high. To hit the forecast high, the stock’s price needs a -164.9% plunge from its current level, while the stock would need to soar -32.45% for it to hit the projected low.
The 2025 estimates are for BRC Inc earnings to decrease by -18.75%.
BRCC Dividends
BRC Inc is expected to release its next quarterly earnings report on 2025-May-05.
BRC Inc (NYSE:BRCC)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 21.88% of BRC Inc shares while 50.30% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 64.38%. There are 50.30% institutions holding the BRC Inc stock share, with ENGAGED CAPITAL LLC the top institutional holder. As of 2024-06-30, the company held 18.8406% of the shares, roughly 12.85 million BRCC shares worth $78.78 million.
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 6.7343% or 4.59 million shares worth $28.16 million as of 2024-06-30.
