BellRing Brands(BRBR) ZACKS·2024-12-25 00:16Company Overview - BellRing Brands has experienced a share price decline of 1.14% over the past month, which is better than the Medical sector's loss of 3.78% and the S&P 500's gain of 0.22% during the same period [1] - The company is expected to report earnings per share (EPS) of 522.09 million, up 21.3% from the year-ago period [7] Financial Performance - The Zacks Consensus Estimates forecast earnings of 2.29 billion for the year, indicating increases of +11.92% and +14.78%, respectively, compared to the previous year [2] - The current Forward P/E ratio for BellRing Brands is 35.23, which is higher than the industry average of 24.72, suggesting that the company is trading at a premium [4] - The PEG ratio for BellRing Brands stands at 2.57, compared to the industry average PEG ratio of 2.3, indicating a higher valuation relative to expected earnings growth [11] Analyst Insights - Recent modifications to analyst estimates for BellRing Brands are crucial as they reflect changing business trends, with upward revisions indicating analysts' positive outlook on the company's profitability [8] - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently rates BellRing Brands at 2 (Buy), with a historical average return of +25% annually for 1 rated stocks since 1988 [9] Industry Context - The Medical - Products industry, which includes BellRing Brands, holds a Zacks Industry Rank of 130, placing it in the bottom 49% of over 250 industries [10] - The Zacks Industry Rank indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1, highlighting the competitive landscape within the industry [5]