Equities Analysts Set Expectations for BRLT Q1 Earnings

Brilliant Earth Group, Inc. (NASDAQ:BRLT) – Analysts at Telsey Advisory Group issued their Q1 2025 earnings per share estimates for Brilliant Earth Group in a report released on Tuesday, April 29th. Telsey Advisory Group analyst D. Telsey anticipates that the company will post earnings per share of ($0.03) for the quarter. Telsey Advisory Group currently has a “Market Perform” rating and a $2.00 target price on the stock. The consensus estimate for Brilliant Earth Group’s current full-year earnings is ($0.02) per share. Telsey Advisory Group also issued estimates for Brilliant Earth Group’s Q2 2025 earnings at ($0.01) EPS, Q3 2025 earnings at ($0.01) EPS and Q4 2025 earnings at $0.01 EPS.

Separately, 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 0.6 %

BRLT stock opened at $1.55 on Wednesday. The company has a market cap of $154.05 million, a PE ratio of 51.68 and a beta of 1.44. The company has a quick ratio of 2.27, a current ratio of 2.80 and a debt-to-equity ratio of 0.49. Brilliant Earth Group has a 52 week low of $1.25 and a 52 week high of $2.74. The business has a 50-day simple moving average of $1.46 and a 200 day simple moving average of $1.69.

Institutional Trading of Brilliant Earth Group

A number of hedge funds have recently added to or reduced their stakes in the stock. Renaissance Technologies LLC boosted its position in Brilliant Earth Group by 6.1% in the fourth quarter. Renaissance Technologies LLC now owns 129,400 shares of the company’s stock valued at $272,000 after buying an additional 7,400 shares in the last quarter. Jane Street Group LLC bought a new position in shares of Brilliant Earth Group during the fourth quarter valued at $25,000. XTX Topco Ltd bought a new position in shares of Brilliant Earth Group during the fourth quarter valued at $38,000. Northern Trust Corp raised its stake in shares of Brilliant Earth Group by 64.0% during the fourth quarter. Northern Trust Corp now owns 73,024 shares of the company’s stock valued at $153,000 after acquiring an additional 28,505 shares during the last quarter. Finally, Millennium Management LLC bought a new position in shares of Brilliant Earth Group during the fourth quarter valued at $65,000. Institutional investors and hedge funds own 70.41% of the company’s stock.

Insider Buying and Selling

In other Brilliant Earth Group news, insider Sharon Dziesietnik sold 20,792 shares of the firm’s stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $1.50, for a total value of $31,188.00. Following the sale, the insider now owns 371,329 shares in the company, valued at $556,993.50. This trade represents a 5.30 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. 84.70% of the stock is currently owned by company insiders.

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.