Why the high growth investor may take a look at NYSE:BRBR.

We've identified BELLRING BRANDS INC (NYSE:BRBR) as a potential breakout candidate based on our stock screener's analysis. This breakout setup pattern suggests that after a strong uptrend, the stock is currently consolidating, potentially signaling a continuation of the trend. Keep an eye on NYSE:BRBR for further developments.

Insights from Technical Analysis

ChartMill assigns a Technical Rating to every stock. This score ranges from 0 to 10 and is updated daily. The score is determined by evaluating multiple technical indicators and properties.

We assign a technical rating of 10 out of 10 to BRBR. Both in the recent history as in the last year, BRBR has proven to be a steady performer, scoring decent points in every aspect analyzed.

• The long and short term trends are both positive. This is looking good!
• Looking at the yearly performance, BRBR did better than 85% of all other stocks. On top of that, BRBR also shows a nice and consistent pattern of rising prices.
• BRBR is one of the better performing stocks in the Personal Care Products industry, it outperforms 80% of 36 stocks in the same industry.
• BRBR is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
• In the last month BRBR has a been trading in the 57.55 - 62.71 range, which is quite wide. It is currently trading near the high of this range.

Our latest full technical report of BRBR contains the most current technical analsysis.

How does the Setup look for NYSE:BRBR

Besides the Technical Rating, ChartMill also assign a Setup Rating to every stock. This setup score also ranges from 0 to 10 and determines to which extend the stock is consolidating. This is achieved by evaluating multiple short term technical indicators. NYSE:BRBR currently has a 8 as setup rating:

Besides having an excellent technical rating, BRBR also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 62.13. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 62.09, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.

Looking into the high growth metrics of BELLRING BRANDS INC

• BELLRING BRANDS INC has demonstrated consistent growth in its earnings per share (EPS) from one quarter to another (Q2Q), with a 58.82% increase. This indicates improving financial performance and the company's effective management of its operations.
• The 3-year EPS growth of BELLRING BRANDS INC (30.06%) highlights the company's ability to consistently improve its earnings performance and suggests a positive outlook for future profitability.
• With notable 1-year revenue growth of 21.58%, BELLRING BRANDS INC exemplifies its ability to generate increased sales and revenue streams. This growth signifies the company's strong business performance and its potential for future growth.
• The recent financial report of BELLRING BRANDS INC demonstrates a 58.82% increase in quarterly earnings compared to the previous quarter. This growth indicates positive momentum in the company's financials and suggests a promising upward trend
• BELLRING BRANDS INC shows accelerating EPS growth: when comparing the current Q2Q growth of 58.82% to the previous year Q2Q growth of 9.68%, we see the growth rate improving.
• With positive growth in its operating margin over the past year, BELLRING BRANDS INC showcases its ability to improve profitability through effective cost control and operational efficiency. This growth underscores the company's commitment to enhancing its financial performance.
• BELLRING BRANDS INC has shown positive growth in its free cash flow (FCF) over the past year, indicating improved cash generation and financial strength. This growth highlights the company's ability to effectively manage its cash flows and generate surplus funds.
• BELLRING BRANDS INC has a strong history of beating EPS estimates in the last 4 quarters, signaling its ability to consistently exceed market expectations. This indicates the company's strong financial performance and its potential for creating shareholder value.
• The Relative Strength (RS) of BELLRING BRANDS INC has been consistently solid, with a current 85.33 rating. This highlights the stock's ability to exhibit sustained price strength and signifies its competitive advantage. BELLRING BRANDS INC exhibits strong prospects for further price appreciation.

Our High Growth Momentum Breakout screen will find you more ideas suited for high growth momentum breakouts.

Keep in mind

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.