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How to Buy Brilliant Earth Group Stock

Brilliant Earth Group Inc

Brilliant Earth Group, Inc. engages in the design, procurement, and retail sale of diamonds, gemstones, and jewelry in the United States and internationally.

Brilliant Earth Group stock last closed at $5.54, up 0.54% from the previous day, and has decreased 51.23% in one year. It has underperformed other stocks in the Luxury Goods industry by 0.48 percentage points. Brilliant Earth Group stock is currently +53.89% from its 52-week low of $3.60, and -57.71% from its 52-week high of $13.10.

As of Feb 3, 2023, there are 95.5M BRLT shares outstanding. The market value of BRLT is $529.05M. In the last 24 hours, 172,564 BRLT shares were traded.

How to Buy Brilliant Earth Group Stock

Not sure how to invest in Brilliant Earth Group stock? Here's how.
  1. Choose where to buy Brilliant Earth Group stock: You need to choose an online brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you decide where to buy Brilliant Earth Group stock.
  2. Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Deposit money your brokerage account: Choose your payment method and add your info.
  4. Research Brilliant Earth Group stock: The Brilliant Earth Group ticker symbol is BRLT. Is Brilliant Earth Group stock a good investment? Should you buy shares of BRLT? How do BRLT's underlying business fundamentals look? Do top analysts think Brilliant Earth Group is a good buy? Why has BRLT's stock price moved recently? (Hint: Our stock research website can help you decide if BRLT is a good stock to buy).
  5. Execute your BRLT purchase: Decide if you will purchase BRLT shares at the current market price or use a limit order to buy BRLT stock at a specific price.
  6. Keep tabs on your BRLT investment: Create a watchlist to watch your new investment in Brilliant Earth Group shares.

Step 1: Choose where to buy Brilliant Earth Group stock

You will need an online brokerage account to access the NASDAQ market and buy BRLT shares.

A brokerage account is an investment account that allows you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Create your brokerage account

Now that you've selected the best brokerage, you need to fill out some personal info so you are able to buy BRLT today.

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  2. Enter your personal details to start a new trading account.
  1. Submit your info by pressing the "Create Account" button.
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Step 3: Deposit money your brokerage account

Now that you've filled out your info on the best stock market app, your next step is to transfer the money for your investment:

Watch the tutorial below to see the process of depositing money into your new brokerage account.

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Step 4: Research Brilliant Earth Group stock

After you have chosen the best place to buy Brilliant Earth Group stock, it's critical to research their stock prior to buying, so you truly understand the risk and upside.

Overview of key BRLT info

BRLT Price
$5.54
1w %
18.88%
1y %
-51.23%
5y %
N/A
P/E
N/A
P/B
54.57x
P/S
0.14x
PEG
N/A
Revenue
$442.16M
Earnings
$2.89M
Fore. Rev. Growth
33.68%
Fore. Earn. Growth
N/A
Market Cap
$529.05M
Next Earnings
Mar 15, 2023
Next Dividend
N/A

BRLT Due Diligence Checks

WallStreetZen was designed to help average investors perform better fundamental analysis in minutes instead of hours.

You can view all of the due diligence checks on BRLT's stock page.

How is BRLT stock valued?

Investors use many financial metrics, analyses, models, and charts to gauge BRLT's fair value.

Using relative valuations measures:

  • BRLT could be overvalued based on its P/B ratio of 54.57x, relative to Luxury Goods industry P/B ratio of 3.53x

You can access more valuation analysis on BRLT's stock here.

Is BRLT a healthy company?

Pros:

  • BRLT's operating cash flow of $21.28M allows it to safely service it's debt of $89.97M.
  • There are more short-term assets than long-term liabilities on the BRLT balance sheet.
  • There are more short-term assets than short-term liabilities on the BRLT balance sheet.

Cons:

  • BRLT has a relatively high debt to equity ratio of 17.31.
  • BRLT earnings of $8.44M is not enough to cover its interest payments.
  • BRLT profit margin has gone down from 7% to 0.7% in the past year.

Is it a good time to buy BRLT stock, according to analysts?

Out of 7 Equities analysts who give recommendations on BRLT, the consensus analyst rating on Brilliant Earth Group is a Buy

Please note that analyst ratings are not recommendations, nor are they financial advice.

Latest BRLT Analyst Ratings

Noah Zatzkin, a bottom 9% analyst from KeyBanc maintains BRLT with a strong buy rating and lowers their BRLT price target from $10.00 to $8.00, on Jan 30, 2023.

Edward Yruma, a top 2% analyst from Piper Sandler maintains BRLT with a hold rating and lowers their BRLT price target from $8.00 to $7.50, on Jan 6, 2023.

Matthew Boss, a top 15% analyst from JP Morgan downgrades BRLT to a hold rating and lowers their BRLT price target from $10.00 to $6.00, on Jan 3, 2023.

Rick Patel, a top 1% analyst from Raymond James maintains BRLT with a buy rating and lowers their BRLT price target from $10.00 to $9.00, on Nov 11, 2022.

Michael Binetti, a top 19% analyst from Credit Suisse maintains BRLT with a buy rating and lowers their BRLT price target from $13.00 to $10.00, on Aug 12, 2022.

You can dive deeper into what analysts are projecting on the Brilliant Earth Group stock forecast page.

BRLT Trading Indicators

SMA10
4.89
SMA20
4.67
SMA50
4.6
SMA100
5.73
SMA200
5.9
MACD
0.17
MACD Signal
0.04
MACD Histogram
0.13
RSI
68.06
Stochastic %K
87.2
Stochastic %D
86.3
StochRSI %K
100
StochRSI %D
95.4

BRLT Performance Numbers

Last year, BRLT revenue was $442.16M. During the past one years, BRLT's revenue has grown by 27.46% per year. This was faster than the Luxury Goods industry average of 7.27%.

Find out more about BRLT's earnings and revenue performance here.

Who is buying/selling BRLT?

Over the past 12 months, insiders at BRLT have sold more shares than they have bought.

Ian Bickley, Director of BRLT, was the latest BRLT insider to buy. They bought $90,600.00 worth of BRLT shares on May 27, 2022.

Research more about who owns BRLT shares here.

Can I rely on BRLT as an income stream?

No, Brilliant Earth Group doesn't provide an income stream by paying out dividends.

What do other traders have to say about BRLT?

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Step 5: Execute your BRLT purchase

You have two primary types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are mostly fine.
  • Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
    If you want to be sure you're buying or selling at a given dollar amount, use a limit order.

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Step 6: Keep tabs on your BRLT investment

Now that you own some BRLT shares, you'll want to keep up with your new stock purchase.

Make a watchlist to get the latest updates about your BRLT stock.

BRLT Feed

How to Buy Stock in Brilliant Earth Group

To summarize, here are the 6 steps to buy stock in Brilliant Earth Group:

  1. Choose where to buy Brilliant Earth Group stock
  2. Create your brokerage account
  3. Deposit money your brokerage account
  4. Research Brilliant Earth Group stock
  5. Execute your BRLT purchase
  6. Keep tabs on your BRLT investment

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If you want to get notifications regarding your new investment in Brilliant Earth Group, click the button below.

NASDAQ: BRLT
$5.54+0.03 (+0.54%)
Updated Feb 3, 2023
Open eToro Account
NASDAQ: BRLT
$5.54+0.03 (+0.54%)
Updated Feb 3, 2023
Open eToro Account

FAQ

How much does it cost to buy one Brilliant Earth Group share?

As of Feb 3, 2023, it costs $5.54 to buy one share of Brilliant Earth Group stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $2, you can buy 0.361 shares of BRLT.

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Is now a good time to buy Brilliant Earth Group stock?

According to 7 Wall Street analysts who monitor Brilliant Earth Group, their consensus recommendation is to buy Brilliant Earth Group stock.

What is the best way to buy Brilliant Earth Group stock?

One way to place an order for Brilliant Earth Group stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.