WallStreetZenWallStreetZen

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 $2.21, down 3.49% from the previous day, and has decreased 45.7% in one year. It has underperformed other stocks in the Luxury Goods industry by 0.4 percentage points. Brilliant Earth Group stock is currently +8.33% from its 52-week low of $2.04, and -48.48% from its 52-week high of $4.29.

As of Jul 18, 2024, there are 97.87M BRLT shares outstanding. The market value of BRLT is $216.29M. In the last 24 hours, 24,842 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.

Our recommended brokerage: eToro

Based on our analysis, eToro is the best place to buy stocks. Here's why:

  • Invest in stocks with 0% commissions: Invest without paying trading commissions.
  • Buy fractional shares: Even if you don't have the money to buy a full share, you can still purchase the stock.
  • Access to world markets: From Technology to Energy, New York to Tokyo — you can fill your portfolio with stocks from the globe's top exchanges.
  • Social investing: eToro boasts a community of more than 20 million users globally. Talk to, learn from, and copy the unique crypto portfolios of top investors.
  • Security: eToro is a regulated and licensed brokerage platform.
  • Buy other assets: Such as ETFs and cryptos.

Get $10 towards your stock purchase by creating an account with eToro now.

Open eToro Account
eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.

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.

How to Start a New Investment Account on eToro

  1. Click here to get started.
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
  2. Enter your personal details to start a new trading account.
  1. Submit your info by pressing the "Create Account" button.
  2. 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.

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.

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.

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
$2.21
1w %
-3.07%
1y %
-45.7%
5y %
N/A
P/E
36.83x
P/B
16.29x
P/S
0.06x
PEG
N/A
Revenue
$446.02M
Earnings
$775.00k
Fore. Rev. Growth
6.56%
Fore. Earn. Growth
-10.56%
Market Cap
$216.29M
Next Earnings
Aug 7, 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 36.83x, relative to Luxury Goods industry P/E ratio of 3.57x
  • BRLT could be overvalued based on its P/B ratio of 16.29x, relative to Luxury Goods industry P/B ratio of 2.55x

You can do additional valuation research on BRLT's stock here.

BRLT Financial Overview

Pros:

  • 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.
  • BRLT's operating cash flow of $22.41M allows it to safely service it's debt of $101.44M.

Cons:

  • BRLT has a relatively high debt to equity ratio of 12.68.
  • BRLT profit margin has gone down from 0.4% to 0.2% in the past year.
  • BRLT earnings of $5.57M is not enough to cover its interest payments.

Is BRLT stock a Buy, Hold, or Sell, according to analysts?

Out of 3 Equities analysts who give forecasts on BRLT, the consensus analyst rating on BRLT is a Buy

Please keep in mind that analyst ratings are not recommendations, nor are they investment advice.

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

BRLT Technical Indicators

SMA10
2.27
SMA20
2.23
SMA50
2.34
SMA100
2.57
SMA200
2.77
MACD
-0.02
MACD Signal
-0.03
MACD Histogram
0.01
RSI
45.03
Stochastic %K
31.87
Stochastic %D
34.78
StochRSI %K
67.52
StochRSI %D
75.42

BRLT Performance Metrics

Last year, BRLT earnings were $775.00k. During the last 1 years, BRLT's earnings have increased by -64.71% per year. This was slower than the Luxury Goods industry average of 27.38%.

Last year, BRLT revenue was $446.02M. In the last two year, BRLT's revenue has increased by 4.36% per year. This was slower than the Luxury Goods industry average of 4.42%.

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

Are BRLT executives and large shareholders buying or selling the stock?

In the last year, insiders at BRLT have sold more shares than they have bought.

Jennifer Noel Harris, Director of BRLT, was the latest BRLT insider to sell. They sold $33,235.44 worth of BRLT stock on Jun 5, 2024.

Dig into more about who owns BRLT stock 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 investors have to say about BRLT?

One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.

Click below to find out what other community members have to say.

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 generally the best for newer investors.
  • Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
    If you want to ensure you're buying or selling at an exact dollar amount limit, place a limit order.

Hit the Open button and eToro will execute the order.

If you need additional help with investing in stocks on eToro, watch the how to video below:

Open eToro Account

Step 6: Keep tabs on your BRLT investment

Now that you own some shares in BRLT, you'll want to stay up-to-date on your company.

Add BRLT to a watchlist to get alerted to the latest events about your BRLT stock.

BRLT Feed

How to Buy Stock in Brilliant Earth Group

To summarize, here are the 6 steps you need to take to buy Brilliant Earth Group stock right now:

  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 are looking for a brokerage account, eToro is our recommended 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 keep track of your new investment in Brilliant Earth Group, add BRLT to your watchlist below.

NASDAQ: BRLT
$2.21-0.08 (-3.49%)
Updated Jul 18, 2024
Open eToro Account
NASDAQ: BRLT
$2.21-0.08 (-3.49%)
Updated Jul 18, 2024
Open eToro Account

FAQ

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

As of Jul 18, 2024, it costs $2.21 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 0.452 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 3 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.