Brilliant Earth Announces Participation in the 24th Annual ICR Conference 2022
Bergio International (OTCMKTS:BRGO) vs. Brilliant Earth Group (NASDAQ:BRLT) Critical Review
SAN FRANCISCO, Calif., Jan.
Analyzing Bergio International (OTCMKTS:BRGO) & Brilliant Earth Group (NASDAQ:BRLT)
Bergio International (OTCMKTS:BRGO) and Brilliant Earth Group (NASDAQ:BRLT) are both small-cap retail/wholesale companies, but which is the superior business? We will compare the two companies based on the strength of their risk, valuation, earnings, dividends, institutional ownership, profitability and analyst recommendations.
Bergio International (OTCMKTS:BRGO) versus Brilliant Earth Group (NASDAQ:BRLT) Head-To-Head Contrast
Brilliant Earth Group (NASDAQ:BRLT) and Bergio International (OTCMKTS:BRGO) are both small-cap retail/wholesale companies, but which is the better stock? We will contrast the two businesses based on the strength of their risk, analyst recommendations, profitability, institutional ownership, earnings, valuation and dividends.
Reviewing Bergio International (OTCMKTS:BRGO) & Brilliant Earth Group (NASDAQ:BRLT)
Brilliant Earth Group (NASDAQ:BRLT) and Bergio International (OTCMKTS:BRGO) are both small-cap retail/wholesale companies, but which is the better investment? We will compare the two companies based on the strength of their profitability, dividends, analyst recommendations, risk, institutional ownership, earnings and valuation.
Financial Comparison: Bergio International (OTCMKTS:BRGO) versus Brilliant Earth Group (NASDAQ:BRLT)
Bergio International (OTCMKTS:BRGO) and Brilliant Earth Group (NASDAQ:BRLT) are both small-cap retail/wholesale companies, but which is the superior investment? We will contrast the two businesses based on the strength of their institutional ownership, risk, analyst recommendations, profitability, earnings, dividends and valuation.
Brilliant Earth Announces the Early Lock-Up Release Date
Brilliant Earth Group (NASDAQ:BRLT) and Bergio International (OTCMKTS:BRGO) are both small-cap retail/wholesale companies, but which is the superior business? We will contrast the two businesses based on the strength of their profitability, analyst recommendations, institutional ownership, dividends, risk, earnings and valuation.
Brilliant Earth Group (NASDAQ:BRLT) Price Target and Consensus Rating
SAN FRANCISCO, Dec. 02, 2021 (GLOBE NEWSWIRE) -- Brilliant Earth Group, Inc.
Analyst Price Target Consensus
MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy).
Analyst Ratings By Month
Sign-up to receive the latest news and ratings for BRLT and its competitors with MarketBeat's FREE daily newsletter.
Average Share Price and Price Target by Month
The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
Brilliant Earth Group (NASDAQ:BRLT) Analyst Ratings Frequently Asked Questions
The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target.
Brilliant Earth's IPO date and price
According to the issued ratings of 8 analysts in the last year, the consensus rating for Brilliant Earth Group stock is Buy based on the current 8 buy ratings for BRLT. The average twelve-month price target for Brilliant Earth Group is $19.71 with a high price target of $22.00 and a low price target of $16.00.
Brilliant Earth is profitable
Brilliant Earth hasn’t officially revealed its IPO date yet, but several reports indicate that it could come as early as Sep. 23. The company plans to offer 16.7 million shares at $14–$16 each. JPMorgan Chase, Credit Suisse, Jefferies, and Cowen are the lead underwriters for the IPO.
Brilliant Earth IPO stock is a good buy
Brilliant Earth reported a net income of $21.6 million in 2020, compared with a net loss of $7.8 million in 2019. Its revenue rose 25 percent YoY (year-over-year) to $251.8 million in 2020 and 78 percent YoY to $163.0 million in the first half of 2021. As of Jun.
Will Brilliant Earth go up after IPO?
Brilliant Earth provides high-quality diamond engagement and wedding rings, gemstone rings, and fine jewelry, all of which are designed by its in-house studio and handcrafted by professional jewelers. The company has served more than 370,000 customers in over 50 countries through its e-commerce platform and 13 showrooms.
What's Brilliant Earth's IPO date?
Brilliant Earth stock is expected to rise after its IPO, as about 2 percent of the company’s Class A shares will be offered to retail investors through Robinhood. Being accessible on Robinhood tends to create more of a buzz for IPOs.
Brilliant Earth's 2025 forecast
Brilliant Earth filed its IPO documents with the SEC on Sep. 14, and is expected to list on the Nasdaq under the ticker symbol "BRLT". The company initially gave a price range of $14–$16 but priced its shares below that range on Sep. 22, at $12 each. Brilliant Earth will start trading on Sep. 23.
Brilliant Earth's valuation
In 2020, Brilliant Earth’s sales grew 25 percent year-over-year to $251.8 million from $201.3 million, and it turned profitable—the company reported net income of $21.6 million in 2020, compared with a loss of $7.8 million in 2019. In the first six months of 2021, the company's net profit grew 77.7 percent to $10.9 million.
Is Brilliant Earth IPO stock a good buy?
Brilliant Earth’s valuation looks reasonable. Its expected valuation is $1.1 billion, which implies a price-to-2020-sales multiple of 4.4x. According to IPO Edge’s 2022 sales estimates, its EV-to-sales multiple is 2.3x, which is lower than Poshmark's and Kering's multiples of 4x and 4.5x, respectively.
