Equities Analysts Issue Forecasts for BRLT FY2025 Earnings

Brilliant Earth Group, Inc. (NASDAQ:BRLT) – Equities research analysts at Telsey Advisory Group issued their FY2025 earnings per share estimates for Brilliant Earth Group in a report released on Tuesday, April 29th. Telsey Advisory Group analyst D. Telsey anticipates that the company will post earnings per share of ($0.03) for the year. Telsey Advisory Group currently has a “Market Perform” rating and a $2.00 price target on the stock. The consensus estimate for Brilliant Earth Group’s current full-year earnings is ($0.02) per share. Telsey Advisory Group also issued estimates for Brilliant Earth Group’s FY2026 earnings at $0.00 EPS.

Separately, Jefferies Financial Group lowered Brilliant Earth Group from a “buy” rating to a “hold” rating and decreased their price target for the company from $4.00 to $1.60 in a research note on Tuesday, February 4th.

Brilliant Earth Group Stock Performance

NASDAQ BRLT opened at $1.56 on Thursday. The firm’s 50 day simple moving average is $1.47 and its 200 day simple moving average is $1.69. The company has a current ratio of 2.80, a quick ratio of 2.27 and a debt-to-equity ratio of 0.49. Brilliant Earth Group has a 1 year low of $1.25 and a 1 year high of $2.74. The firm has a market capitalization of $155.05 million, a price-to-earnings ratio of 52.02 and a beta of 1.44.

Insider Activity

In other Brilliant Earth Group news, insider Sharon Dziesietnik sold 20,792 shares of the stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $1.50, for a total value of $31,188.00. Following the completion of the transaction, the insider now directly owns 371,329 shares in the company, valued at approximately $556,993.50. This trade represents a 5.30 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 84.70% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Brilliant Earth Group

Hedge funds have recently added to or reduced their stakes in the business. Jane Street Group LLC acquired a new position in Brilliant Earth Group in the 4th quarter valued at approximately $25,000. XTX Topco Ltd bought a new stake in shares of Brilliant Earth Group in the fourth quarter worth $38,000. Millennium Management LLC bought a new position in Brilliant Earth Group during the 4th quarter worth $65,000. Impact Investors Inc bought a new position in shares of Brilliant Earth Group during the fourth quarter worth about $103,000. Finally, Mariner LLC bought a new stake in Brilliant Earth Group in the fourth quarter valued at approximately $105,000. 70.41% of the stock is currently owned by institutional investors and hedge funds.

Brilliant Earth Group Company Profile

Brilliant Earth Group, Inc designs, procures, and sells diamonds, gemstones, and jewelry in the United States and internationally. The company’s product assortment and merchandise include a collection of diamond engagement rings, wedding and anniversary rings, gemstone rings, and fine jewelry. It sells directly to consumers through its omnichannel sales platform, including e-commerce and showrooms.