Why BELLRING BRANDS INC (NYSE:BRBR) qualifies as a high growth stock.

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.

Zooming in on the technicals.

Every day, ChartMill assigns a Technical Rating to each stock, providing a score ranging from 0 to 10. This rating is determined by evaluating various technical indicators and properties.

Taking everything into account, BRBR scores 9 out of 10 in our technical rating. 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.

• Both the short term and long term trends are positive. This is a very positive sign.
• BRBR is part of the Personal Care Products industry. There are 35 other stocks in this industry. BRBR outperforms 88% of them.
• BRBR is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
• In the last month BRBR has a been trading in the 66.11 - 79.57 range, which is quite wide. It is currently trading near the high of this range.
• When comparing the yearly performance of all stocks, we notice that BRBR is one of the better performing stocks in the market, outperforming 89% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.

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

How do we evaluate the setup for BRBR?

In addition to the Technical Rating, ChartMill provides a Setup Rating for each stock. This rating, ranging from 0 to 10, assesses the extent of consolidation in the stock based on multiple short-term technical indicators. Currently, BRBR has a 7 as its setup rating:

BRBR has an excellent technical rating and 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 78.60. Right above this resistance zone may be a good entry point.

High Growth Analysis for BRBR

ChartMill assigns a High Growth Momentum Rating (HGM) to each stock, ranging from 0 to 10. This rating is determined by analyzing different growth and profitability elements, including EPS and revenue growth, accelleration, surprises and revisions. In the case of BRBR, the assigned 6 reflects its growth potential:

Earnings Momentum

• BRBR has shown positive momentum in its earnings per share (EPS) on a quarter-to-quarter (Q2Q) basis, with a 17.78% increase. This reflects the company's successful execution of its business strategies and its commitment to delivering improved financial results.
• BRBR has achieved 32.52% growth in EPS over the past 12 months, reflecting a sustained improvement in earnings performance.
• The EPS of BRBR has shown consistent growth over a 3-year period, indicating the company's ability to generate increasing earnings over time.
• BRBR has experienced 18.88% q2q revenue growth, indicating a significant sales increase.
• The average next Quarter EPS Estimate for BRBR has experienced a 9.42% change in the last 3 months, reflecting evolving expectations by analysts regarding the company's EPS performance.
• With a track record of beating EPS estimates in the last 4 quarters, BRBR showcases its consistent ability to deliver earnings surprises. This reflects the company's strong execution and its competitive position in the market.

Financial Strength & Profitability

• With a favorable trend in its operating margin over the past year, BRBR demonstrates its ability to enhance profitability through efficient operations. This growth reflects the company's focus on optimizing its cost structure.
• With a favorable trend in its profit margin over the past year, BRBR demonstrates its ability to enhance profitability through efficient operations.
• BRBR 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.

Strong Market Performance

• The Relative Strength (RS) of BRBR has been consistently solid, with a current 89.88 rating. This highlights the stock's ability to exhibit sustained price strength and signifies its competitive advantage.

More ideas for high growth momentum breakouts can be found on ChartMill 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.