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Initiation
BellRing Brands resumed with a Buy at Citi » 05:49
08/23/22
08/23
05:49
08/23/22
05:49
BRBR

BellRing Brands

$25.30 /

-0.925 (-3.53%)

Citi analyst Jonmichael…

Citi analyst Jonmichael Shekian resumed coverage of BellRing Brands with a Buy rating and $35 price target. The company's preliminary fiscal 2023 guidance calls for top-line growth above BellRing's 10%-12% long-term growth target, with the implied year-over-year adjusted EBITDA growth in the high-teens, Shekian tells investors in a research note.

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BRBR BellRing Brands
$25.30 /

-0.925 (-3.53%)

BRBR BellRing Brands
$25.30 /

-0.925 (-3.53%)

08/08/22 Mizuho
BellRing Brands price target raised to $38 from $33 at Mizuho
05/19/22 Mizuho
Mizuho recommends buying three food stocks on recent selloff
05/09/22 JPMorgan
BellRing Brands added to Analyst Focus List at JPMorgan
05/09/22 Mizuho
BellRing Brands added to 'Top Picks,' target raised at Mizuho
BRBR BellRing Brands
$25.30 /

-0.925 (-3.53%)

  • 09
    Aug
BRBR BellRing Brands
$25.30 /

-0.925 (-3.53%)

Hot Stocks
Post Holdings announces debt-for-equity exchange, offering of BellRing stock » 08:26
08/09/22
08/09
08:26
08/09/22
08:26
POST

Post Holdings

$90.11 /

+0.07 (+0.08%)

, BRBR

BellRing Brands

$26.02 /

+1.05 (+4.21%)

Post Holdings announced…

Post Holdings announced an underwritten offering of 14,800,000 shares of common stock of BellRing Brands. The offering shares, currently owned by Post, were sold by J.P. Morgan Securities LLC, Barclays Bank Plc, Citicorp North America, Inc., Goldman Sachs Lending Partners LLC and Morgan Stanley & Co. or their designees in connection with the entry by the Company into an Exchange Agreement, dated August 8, 2022, with the funding incremental term loan lenders. Under the Exchange Agreement, the Company will transfer 14,800,000 of its shares of common stock of BellRing to the funding incremental term loan lenders to repay and retire approximately $340 million in aggregate principal amount of the Company's previously announced incremental term loan, excluding any accrued interest, which will be paid with cash off of the Company's balance sheet. Immediately after giving effect to the Debt-for-Equity Exchange, the Company will retain 4,597,339 shares of common stock of BellRing. The offering is being made pursuant to a registration statement filed by BellRing with the U.S. Securities and Exchange Commission. BellRing is not selling any shares of common stock of BellRing and will not receive any proceeds from the sale of the offering shares in the offering. The offering is expected to close on August 11, 2022, subject to customary closing conditions. J.P. Morgan Securities LLC, Barclays Capital Inc., Morgan Stanley & Co. LLC, Citigroup Global Markets Inc. and Goldman Sachs & Co. LLC are acting as joint lead book-runners and representatives of the underwriters for the offering.

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POST Post Holdings
$90.11 /

+0.07 (+0.08%)

BRBR BellRing Brands
$26.02 /

+1.05 (+4.21%)

POST Post Holdings
$90.11 /

+0.07 (+0.08%)

08/09/22 Piper Sandler
Post Holdings price target raised to $100 from $96 at Piper Sandler
08/08/22 BMO Capital
Post Holdings price target raised to $96 from $85 at BMO Capital
08/08/22 Stifel
Post Holdings price target raised to $100 from $95 at Stifel
05/09/22 Citi
Post Holdings resumed with a Buy at Citi
BRBR BellRing Brands
$26.02 /

+1.05 (+4.21%)

08/08/22 Mizuho
BellRing Brands price target raised to $38 from $33 at Mizuho
05/19/22 Mizuho
Mizuho recommends buying three food stocks on recent selloff
05/09/22 JPMorgan
BellRing Brands added to Analyst Focus List at JPMorgan
05/09/22 Mizuho
BellRing Brands added to 'Top Picks,' target raised at Mizuho
POST Post Holdings
$90.11 /

+0.07 (+0.08%)

BRBR BellRing Brands
$26.02 /

+1.05 (+4.21%)

  • 09
    Aug
POST Post Holdings
$90.11 /

+0.07 (+0.08%)

POST Post Holdings
$90.11 /

+0.07 (+0.08%)

Syndicate
BellRing Brands 14.8M share Spot Secondary priced at $23.50 » 06:09
08/09/22
08/09
06:09
08/09/22
06:09
BRBR

BellRing Brands

$26.02 /

+1.05 (+4.21%)

The deal size was…

The deal size was increased to 14.8M shares from 10.8M and priced below $25.99 prior close. JPMorgan, Barclays, Citi, Goldman Sachs and Morgan Stanley are acting as joint book running managers for the offering.

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BRBR BellRing Brands
$26.02 /

+1.05 (+4.21%)

BRBR BellRing Brands
$26.02 /

+1.05 (+4.21%)

08/08/22 Mizuho
BellRing Brands price target raised to $38 from $33 at Mizuho
05/19/22 Mizuho
Mizuho recommends buying three food stocks on recent selloff
05/09/22 JPMorgan
BellRing Brands added to Analyst Focus List at JPMorgan
05/09/22 Mizuho
BellRing Brands added to 'Top Picks,' target raised at Mizuho
BRBR BellRing Brands
$26.02 /

+1.05 (+4.21%)

  • 09
    Aug
BRBR BellRing Brands
$26.02 /

+1.05 (+4.21%)

Syndicate
BellRing Brands announces offering of 10.81M shares of common stock for holder » 17:03
08/08/22
08/08
17:03
08/08/22
17:03
BRBR

BellRing Brands

$26.02 /

+1.05 (+4.21%)

BellRing Brands announced…

BellRing Brands announced an underwritten offering of 10.81M shares of its common stock currently owned by Post Holdings, BellRing's former parent company. Post expects to exchange such shares of common stock for certain indebtedness of Post held by J.P. Morgan Securities, Barclays Bank, Citicorp North America, Goldman Sachs Lending Partners and Morgan Stanley & Co. prior to the closing of the offering. The selling stockholders then expect to sell such shares of common stock to the underwriters in the offering. BellRing is not selling any shares of its common stock and will not receive any proceeds from the sale of the shares in the offering. As part of and subject to the completion of the offering, BellRing intends to concurrently repurchase from the underwriters 800,000 shares of its common stock that are the subject of the offering. J.P. Morgan Securities, Barclays Capital, Morgan Stanley & Co., Citigroup Global Markets and Goldman Sachs & Co. are acting as joint lead book-runners and representatives of the underwriters for the offering.

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BRBR BellRing Brands
$26.02 /

+1.05 (+4.21%)

BRBR BellRing Brands
$26.02 /

+1.05 (+4.21%)

08/08/22 Mizuho
BellRing Brands price target raised to $38 from $33 at Mizuho
05/19/22 Mizuho
Mizuho recommends buying three food stocks on recent selloff
05/09/22 JPMorgan
BellRing Brands added to Analyst Focus List at JPMorgan
05/09/22 Mizuho
BellRing Brands added to 'Top Picks,' target raised at Mizuho
BRBR BellRing Brands
$26.02 /

+1.05 (+4.21%)

BRBR BellRing Brands
$26.02 /

+1.05 (+4.21%)

Syndicate
BellRing Brands files to sell 19.4M shares of common stock for holders  16:57
08/08/22
08/08
16:57
08/08/22
16:57
BRBR

BellRing Brands

$26.02 /

+1.05 (+4.21%)

 
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BRBR BellRing Brands
$26.02 /

+1.05 (+4.21%)

BRBR BellRing Brands
$26.02 /

+1.05 (+4.21%)

08/08/22 Mizuho
BellRing Brands price target raised to $38 from $33 at Mizuho
05/19/22 Mizuho
Mizuho recommends buying three food stocks on recent selloff
05/09/22 JPMorgan
BellRing Brands added to Analyst Focus List at JPMorgan
05/09/22 Mizuho
BellRing Brands added to 'Top Picks,' target raised at Mizuho
BRBR BellRing Brands
$26.02 /

+1.05 (+4.21%)

BRBR BellRing Brands
$26.02 /

+1.05 (+4.21%)

Recommendations
BellRing Brands price target raised to $38 from $33 at Mizuho » 06:43
08/08/22
08/08
06:43
08/08/22
06:43
BRBR

BellRing Brands

$24.97 /

-0.285 (-1.13%)

Mizuho analyst John…

Mizuho analyst John Baumgartner raised the firm's price target on BellRing Brands to $38 from $33 and keeps a Buy rating on the shares. The company's fiscal Q3 sales miss largely resulted from holdback of new capacity, to rebuild inventories, while distribution stabilized and July consumption accelerated for Premier, Baumgartner tells investors in a research note. He believes achieving Street numbers may be sufficient to drive stock upside and maintains BellRing as a top pick.

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BRBR BellRing Brands
$24.97 /

-0.285 (-1.13%)

BRBR BellRing Brands
$24.97 /

-0.285 (-1.13%)

05/19/22 Mizuho
Mizuho recommends buying three food stocks on recent selloff
05/09/22 JPMorgan
BellRing Brands added to Analyst Focus List at JPMorgan
05/09/22 Mizuho
BellRing Brands added to 'Top Picks,' target raised at Mizuho
05/09/22 Citi
BellRing Brands resumed with a Buy at Citi
BRBR BellRing Brands
$24.97 /

-0.285 (-1.13%)

BRBR BellRing Brands
$24.97 /

-0.285 (-1.13%)

Earnings
BellRing Brands sees FY22 revenue $1.39B-$1.42B , consensus $1.41B » 17:17
08/04/22
08/04
17:17
08/04/22
17:17
BRBR

BellRing Brands

$25.24 /

-0.29 (-1.14%)

For fiscal year 2022,…

For fiscal year 2022, BellRing management has updated its guidance range for net sales to range between $1.39-$1.42 billion and Adjusted EBITDA to range between $262-$268 million . BellRing management expects fiscal year 2022 capital expenditures of approximately $3 million.

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BRBR BellRing Brands
$25.24 /

-0.29 (-1.14%)

BRBR BellRing Brands
$25.24 /

-0.29 (-1.14%)

05/19/22 Mizuho
Mizuho recommends buying three food stocks on recent selloff
05/09/22 JPMorgan
BellRing Brands added to Analyst Focus List at JPMorgan
05/09/22 Mizuho
BellRing Brands added to 'Top Picks,' target raised at Mizuho
05/09/22 Citi
BellRing Brands resumed with a Buy at Citi
BRBR BellRing Brands
$25.24 /

-0.29 (-1.14%)

BRBR BellRing Brands
$25.24 /

-0.29 (-1.14%)

Earnings
BellRing Brands reports Q3 EPS 31c, consensus 30c » 17:15
08/04/22
08/04
17:15
08/04/22
17:15
BRBR

BellRing Brands

$25.24 /

-0.29 (-1.14%)

Reports Q3 revenue…

Reports Q3 revenue $370.6M, consensus $386.96M.

ShowHide Related Items >><<
BRBR BellRing Brands
$25.24 /

-0.29 (-1.14%)

BRBR BellRing Brands
$25.24 /

-0.29 (-1.14%)

05/19/22 Mizuho
Mizuho recommends buying three food stocks on recent selloff
05/09/22 JPMorgan
BellRing Brands added to Analyst Focus List at JPMorgan
05/09/22 Mizuho
BellRing Brands added to 'Top Picks,' target raised at Mizuho
05/09/22 Citi
BellRing Brands resumed with a Buy at Citi
BRBR BellRing Brands
$25.24 /

-0.29 (-1.14%)

Over a quarter ago
Hot Stocks
BellRing Brands announces $50M share repurchase authorization » 16:33
05/23/22
05/23
16:33
05/23/22
16:33
BRBR

BellRing Brands

$26.01 /

+1.045 (+4.19%)

BellRing Brands announced…

BellRing Brands announced its board of directors approved a $50M share repurchase authorization over the next two years. In connection with the completion of the spin-off from Post Holdings, BellRing's prior share repurchase authorization is no longer applicable.

ShowHide Related Items >><<
BRBR BellRing Brands
$26.01 /

+1.045 (+4.19%)

BRBR BellRing Brands
$26.01 /

+1.045 (+4.19%)

05/19/22 Mizuho
Mizuho recommends buying three food stocks on recent selloff
05/09/22 JPMorgan
BellRing Brands added to Analyst Focus List at JPMorgan
05/09/22 Mizuho
BellRing Brands added to 'Top Picks,' target raised at Mizuho
05/09/22 Citi
BellRing Brands resumed with a Buy at Citi
BRBR BellRing Brands
$26.01 /

+1.045 (+4.19%)

BRBR BellRing Brands
$26.01 /

+1.045 (+4.19%)

Recommendations
Mizuho recommends buying three food stocks on recent selloff » 06:40
05/19/22
05/19
06:40
05/19/22
06:40
SMPL

Simply Good Foods

$37.50 /

-2.6 (-6.48%)

, BRBR

BellRing Brands

$24.88 /

-0.92 (-3.57%)

, MDLZ

Mondelez

$60.95 /

-4.77 (-7.26%)

Mizuho analyst John…

Mizuho analyst John Baumgartner recommends buying shares of Simply Good Foods (SMPL), BellRing Brands (BRBR) and Mondelez (MDLZ) on the recent weakness. Retailer earnings have spurred concerns for the continuation of suppliers' inflation pass-through, Baumgartner tells investors in a research note. However, the analyst believes the three companies are well positioned in the current environment.

ShowHide Related Items >><<
SMPL Simply Good Foods
$37.50 /

-2.6 (-6.48%)

MDLZ Mondelez
$60.95 /

-4.77 (-7.26%)

BRBR BellRing Brands
$24.88 /

-0.92 (-3.57%)

SMPL Simply Good Foods
$37.50 /

-2.6 (-6.48%)

04/07/22 Goldman Sachs
Simply Good Foods price target raised to $50 from $45 at Goldman Sachs
04/07/22 Stephens
Simply Good Foods price target raised to $44 from $41 at Stephens
04/07/22 Deutsche Bank
Simply Good Foods price target raised to $48 from $45 at Deutsche Bank
04/07/22 Mizuho
Simply Good Foods price target raised to $48 from $46 at Mizuho
BRBR BellRing Brands
$24.88 /

-0.92 (-3.57%)

05/09/22 JPMorgan
BellRing Brands added to Analyst Focus List at JPMorgan
05/09/22 Mizuho
BellRing Brands added to 'Top Picks,' target raised at Mizuho
05/09/22 Citi
BellRing Brands resumed with a Buy at Citi
05/03/22 Mizuho
BellRing Brands price target lowered to $30 from $33 at Mizuho
MDLZ Mondelez
$60.95 /

-4.77 (-7.26%)

04/27/22 Mizuho
Mondelez price target lowered to $75 from $77 at Mizuho
04/12/22 Credit Suisse
Mondelez reinstated with an Outperform at Credit Suisse
03/30/22 UBS
Mondelez initiated with a Buy at UBS
01/31/22 BMO Capital
Mondelez price target raised to $75 from $67 at BMO Capital
SMPL Simply Good Foods
$37.50 /

-2.6 (-6.48%)

MDLZ Mondelez
$60.95 /

-4.77 (-7.26%)

BRBR BellRing Brands
$24.88 /

-0.92 (-3.57%)

MDLZ Mondelez
$60.95 /

-4.77 (-7.26%)

SMPL Simply Good Foods
$37.50 /

-2.6 (-6.48%)

MDLZ Mondelez
$60.95 /

-4.77 (-7.26%)

BRBR BellRing Brands
$24.88 /

-0.92 (-3.57%)

MDLZ Mondelez
$60.95 /

-4.77 (-7.26%)

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