Exploring high growth characteristics of BELLRING BRANDS INC (NYSE:BRBR).

Our stock screener has detected a potential breakout setup on BELLRING BRANDS INC (NYSE:BRBR). This breakout pattern is observed when a stock consolidates following a strong upward movement. It's important to note that this pattern is based on technical analysis, and the actual breakout outcome is uncertain. However, it might be worth keeping an eye on NYSE:BRBR.

Deciphering the Technical Picture of NYSE:BRBR

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

Overall BRBR gets a technical rating of 7 out of 10. 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!
• BRBR is part of the Personal Care Products industry. There are 37 other stocks in this industry. BRBR outperforms 88% of them.
• BRBR is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BRBR is lagging the market slightly.
• Looking at the yearly performance, BRBR did better than 82% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
• In the last month BRBR has a been trading in the 69.42 - 80.67 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
• Volume is considerably higher in the last couple of days.

Check the latest full technical report of BRBR for a complete technical analysis.

How does the Setup look for NYSE:BRBR

In addition to the Technical Rating, ChartMill provides a Setup Rating for each stock. This rating, ranging from 0 to 10, assesses the level of consolidation in the stock based on multiple short-term technical indicators. Currently, NYSE:BRBR has a 8 as its setup rating, indicating its current consolidation status.

Besides having an excellent technical rating, BRBR also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 76.20, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.

Looking into the high growth metrics of BELLRING BRANDS INC

• With a favorable trend in its quarter-to-quarter (Q2Q) earnings per share (EPS), BELLRING BRANDS INC highlights its ability to generate increasing profitability, showcasing a 34.88% growth.
• The quarter-to-quarter (Q2Q) revenue growth of 23.82% of BELLRING BRANDS INC has been strong, reflecting the company's ability to generate consistent sales growth. This growth suggests the company's ability to meet customer needs and drive revenue growth.
• Over the past 3 years, BELLRING BRANDS INC has demonstrated 27.55% growth in EPS, signifying its positive financial trajectory and potential for future profitability.
• With impressive 1-year revenue growth of 21.0%, BELLRING BRANDS INC showcases its ability to generate increased sales and revenue. This growth highlights the company's strong customer demand and its effective business strategies.
• Analysts' average next Quarter EPS Estimate for BELLRING BRANDS INC has witnessed a 29.36% change in the last 3 months, underscoring the dynamic nature of market sentiment towards the company's EPS prospects.
• The recent financial report of BELLRING BRANDS INC demonstrates a 34.88% 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 34.88% to the previous year Q2Q growth of 30.3%, we see the growth rate improving.
• BELLRING BRANDS INC has shown positive growth in its operating margin over the past year, indicating improved operational efficiency. This growth highlights the company's ability to effectively manage costs and maximize profitability.
• 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 consistently been strong, with a current 82.58 rating. This indicates the stock's ability to exhibit relative price outperformance and reflects its competitive strength. BELLRING BRANDS INC demonstrates promising potential for sustained price momentum.

More high growth momentum breakout stocks can be found in our High Growth Momentum Breakout screen.

Disclaimer

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.