Brokers Set Expectations for BRLT Q1 Earnings

Brilliant Earth Group, Inc. (NASDAQ:BRLT) – Equities researchers at William Blair issued their Q1 2025 earnings estimates for Brilliant Earth Group in a research note issued on Thursday, March 13th. William Blair analyst D. Carden expects that the company will post earnings per share of ($0.03) for the quarter. The consensus estimate for Brilliant Earth Group’s current full-year earnings is ($0.02) per share. William Blair also issued estimates for Brilliant Earth Group’s FY2025 earnings at ($0.05) EPS and FY2026 earnings at $0.00 EPS.

A number of other brokerages also recently commented on BRLT. Telsey Advisory Group reissued a “market perform” rating and issued a $2.00 price objective on shares of Brilliant Earth Group in a research report on Thursday, March 13th. Jefferies Financial Group cut shares of Brilliant Earth Group from a “buy” rating to a “hold” rating and dropped their target price for the company from $4.00 to $1.60 in a research report on Tuesday, February 4th.

Brilliant Earth Group Stock Down 1.3 %

Brilliant Earth Group stock opened at $1.47 on Monday. The company has a market cap of $144.87 million, a P/E ratio of 49.02 and a beta of 1.62. Brilliant Earth Group has a 1-year low of $1.25 and a 1-year high of $3.21. The company has a fifty day simple moving average of $1.63 and a 200 day simple moving average of $1.80. The company has a current ratio of 2.80, a quick ratio of 2.27 and a debt-to-equity ratio of 0.49.

Hedge Funds Weigh In On Brilliant Earth Group

Several institutional investors have recently added to or reduced their stakes in BRLT. Orion Capital Management LLC grew its position in Brilliant Earth Group by 166.0% during the third quarter. Orion Capital Management LLC now owns 13,300 shares of the company’s stock valued at $28,000 after buying an additional 8,300 shares during the period. U.S. Capital Wealth Advisors LLC bought a new position in Brilliant Earth Group during the fourth quarter valued at about $128,000. Klingman & Associates LLC bought a new position in Brilliant Earth Group during the fourth quarter valued at about $193,000. Impact Investors Inc bought a new position in Brilliant Earth Group during the fourth quarter valued at about $103,000. Finally, Boston Partners bought a new position in Brilliant Earth Group during the fourth quarter worth about $324,000. Institutional investors own 70.41% of the company’s stock.

Insiders Place Their Bets

In related news, insider Sharon Dziesietnik sold 20,792 shares of the stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $1.50, for a total transaction of $31,188.00. Following the completion of the transaction, the insider now owns 371,329 shares in the company, valued at approximately $556,993.50. This represents a 5.30 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 84.70% of the company’s stock.

About Brilliant Earth Group

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.