BRC IncBRCC
Market Cap: $275M
About: BRC Inc is a veteran-controlled company that serves premium coffee, content, and merchandise to active military, veterans, and first responders. it is committed to producing great coffee that consumers love, and high-quality merchandise that enables its community to showcase its brand. its omnichannel distribution has three components: Direct to Consumer channel includes its e-commerce business, through which consumers order products online and products are shipped to them, Its wholesale channel includes products sold to an intermediary such as convenience, grocery, drug, and mass merchandise stores, who in turn sell those products to consumers, and Outpost channel includes revenue from its Company-operated and franchised Black Rifle Coffee retail coffee shop locations.
Employees: 630
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
106% more call options, than puts
Call options by funds: $732K | Put options by funds: $356K
82% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 28
53% more capital invested
Capital invested by funds: $171M [Q1] → $261M (+$89.9M) [Q2]
50% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 20
33% more funds holding in top 10
Funds holding in top 10: 3 [Q1] → 4 (+1) [Q2]
8% more funds holding
Funds holding: 132 [Q1] → 142 (+10) [Q2]
2.98% more ownership
Funds ownership: 60.2% [Q1] → 63.18% (+2.98%) [Q2]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
DA Davidson Michael Baker 63% 1-year accuracy 20 / 32 met price target | 41%upside $5.50 | Buy Maintained | 6 Sept 2024 |
Telsey Advisory Group Sarang Vora 29% 1-year accuracy 7 / 24 met price target | 54%upside $6 | Outperform Maintained | 9 Aug 2024 |
Roth MKM George Kelly 50% 1-year accuracy 24 / 48 met price target | 3%upside $4 | Buy Maintained | 9 Aug 2024 |
Telsey Advisory Group Sarang Vora 29% 1-year accuracy 7 / 24 met price target | 105%upside $8 | Outperform Maintained | 10 Jul 2024 |