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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 $2.77, down 10.93% from the previous day, and has decreased 45.79% in one year. It has underperformed other stocks in the Luxury Goods industry by 0.48 percentage points. Brilliant Earth Group stock is currently +35.78% from its 52-week low of $2.04, and -48.7% from its 52-week high of $5.40.

As of Feb 21, 2024, there are 97.09M BRLT shares outstanding. The market value of BRLT is $268.93M. In the last 24 hours, 183,841 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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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
$2.77
1w %
-12.89%
1y %
-45.79%
5y %
N/A
P/E
27.7x
P/B
22.78x
P/S
0.08x
PEG
0.06x
Revenue
$441.67M
Earnings
$1.05M
Fore. Rev. Growth
6.48%
Fore. Earn. Growth
530%
Market Cap
$268.93M
Next Earnings
Mar 13, 2024
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/E ratio of 27.7x, relative to Luxury Goods industry P/E ratio of 14.12x
  • BRLT could be overvalued based on its P/B ratio of 22.78x, relative to Luxury Goods industry P/B ratio of 3.03x
  • BRLT may be undervalued based on its PEG ratio of 0.06x

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

BRLT Financial Health Overview

Pros:

  • There are more short-term assets than short-term liabilities on the BRLT balance sheet.
  • There are more short-term assets than long-term liabilities on the BRLT balance sheet.
  • BRLT's operating cash flow of $21.00M allows it to safely service it's debt of $102.34M.

Cons:

  • BRLT profit margin has gone down from 0.7% to 0.2% in the past year.
  • BRLT has a relatively high debt to equity ratio of 14.59.
  • BRLT earnings of $5.38M is not enough to cover its interest payments.

Is Brilliant Earth Group stock a Buy, Hold, or Sell, according to Wall Street analysts?

Out of 2 Equities analysts who monitor BRLT, the consensus analyst rating on BRLT is a Buy

It's important to keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.

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

BRLT Trading Indicators

SMA10
3.08
SMA20
3.16
SMA50
3.25
SMA100
2.98
SMA200
3.33
MACD
-0.05
MACD Signal
-0.02
MACD Histogram
-0.03
RSI
37.27
Stochastic %K
27.13
Stochastic %D
30.65
StochRSI %K
28.82
StochRSI %D
41.84

BRLT Performance Numbers

Last year, BRLT earnings were $1.05M. During the past one years, BRLT's earnings have grown by -65.52% per year. This was slower than the Luxury Goods industry average of -0.71%.

Last year, BRLT revenue was $441.67M. Over the last two year, BRLT's revenue has increased by 12.84% per year. This was faster than the Luxury Goods industry average of 4.27%.

You can analyze BRLT's earnings and revenue performance here.

What are BRLT insiders up to?

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

Mainsail GP Iii LLC, 10% Owner of BRLT, was the latest BRLT insider to sell. They sold $28,464.56 worth of BRLT shares on Dec 29, 2023.

Dig into more about who owns BRLT shares here.

Can I get consistent income from BRLT stock?

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

BRLT Social Trading Data

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Step 5: Execute your BRLT purchase

There are two primary options:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are mostly the best for newer investors.
  • Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
    If you want to ensure you're buying or selling at a given price limit, use a limit order.

Press the Open button and your broker will place your order.

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Step 6: Keep tabs on your BRLT investment

Now that you own some shares in BRLT, you'll want to keep up with your company.

Add BRLT to a watchlist to track the most important metrics related to your BRLT stock.

BRLT Feed

How to Buy Stock in Brilliant Earth Group

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

  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

If you need a online brokerage, eToro is our favorite option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to watch your investment in Brilliant Earth Group, click the button below.

NASDAQ: BRLT
$2.77-0.34 (-10.93%)
Updated Feb 21, 2024
Open eToro Account
NASDAQ: BRLT
$2.77-0.34 (-10.93%)
Updated Feb 21, 2024
Open eToro Account

FAQ

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

As of Feb 21, 2024, it costs $2.77 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 $1, you can buy 0.361 shares of BRLT.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

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

According to 2 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.