Brilliant Earth Group (NASDAQ:BRLT – Get Free Report) had its target price lowered by equities researchers at Telsey Advisory Group from $7.00 to $4.00 in a research note issued on Friday, Benzinga reports. The brokerage currently has an “outperform” rating on the stock. Telsey Advisory Group’s price objective would suggest a potential upside of 64.95% from the stock’s current price.
Brilliant Earth Group Trading Down 13.7 %
Brilliant Earth Group stock opened at $2.43 on Friday. The firm has a 50-day moving average of $2.92 and a 200-day moving average of $3.50. Brilliant Earth Group has a one year low of $2.10 and a one year high of $7.02. The company has a debt-to-equity ratio of 0.62, a current ratio of 2.70 and a quick ratio of 2.17. The company has a market cap of $234.69 million, a price-to-earnings ratio of 30.32 and a beta of 1.76.
Brilliant Earth Group (NASDAQ:BRLT – Get Free Report) last posted its quarterly earnings data on Wednesday, August 9th. The company reported $0.02 EPS for the quarter. Brilliant Earth Group had a net margin of 1.48% and a return on equity of 11.70%. The company had revenue of $110.18 million during the quarter, compared to the consensus estimate of $111.37 million. On average, equities analysts expect that Brilliant Earth Group will post 0.1 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Brilliant Earth Group
About Brilliant Earth Group
Brilliant Earth Group, Inc designs, procures, and sells diamonds, gemstones, and jewelry in the United States and internationally. Its product assortment and merchandise include a collection of diamond engagement rings, wedding and anniversary rings, gemstone rings, and fine jewelry. The company sells directly to consumers through its omnichannel sales platform, including e-commerce and showrooms.
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