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Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. BellRing Brands's shares outstanding for the quarter that ended in Mar. 2026 was 116 Mil.
BellRing Brands's quarterly shares outstanding
declined
from Dec. 2025 (118 Mil) to Mar. 2026 (116 Mil).
It means BellRing Brandsbought back shares from Dec. 2025 to Mar. 2026 .
BellRing Brands's annual shares outstanding
declined
from Sep. 2024 (129 Mil) to Sep. 2025 (121 Mil).
It means BellRing Brandsbought back shares from Sep. 2024 to Sep. 2025 .
A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.
Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.
Be Aware
Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.
Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.
If net earnings is less than 10%, likely to be in a highly competitive business.
BellRing Brands Shares Outstanding (EOP) Related Terms
BellRing Brands Shares Outstanding (EOP) Historical Data
* Premium members only.
The historical data trend for BellRing Brands's Shares Outstanding (EOP) can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
STU:D51 vs HLF, JJSF, SMPL: Shares Outstanding (EOP) Comparison
For the Packaged Foods subindustry, BellRing Brands's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
BellRing Brands Shares Outstanding (EOP) vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, BellRing Brands's Shares Outstanding (EOP) distribution charts can be found below:
* The bar in red indicates where BellRing Brands's Shares Outstanding (EOP) falls into.
Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.
Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.
What does a Shares Outstanding (EOP) of 116 Mil mean?
BellRing Brands (STU:D51) has a Shares Outstanding (EOP) of 116 Mil as of Mar. 2026. The total shares a company has outstanding, at period-end. View historical data on BellRing Brands and its competitors.
Is BellRing Brands' Shares Outstanding (EOP) too high?
BellRing Brands' current Shares Outstanding (EOP) is 116 Mil. Overall, BellRing Brands has a GF Score™ of 68/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does BellRing Brands' Shares Outstanding (EOP) compare to HLF and JJSF?
BellRing Brands' Shares Outstanding (EOP) of 116 Mil can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (EOP) for a Consumer Packaged Goods company?
A good Shares Outstanding (EOP) depends on the Consumer Packaged Goods industry context. However, Shares Outstanding (EOP) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (EOP) mean?
A high Shares Outstanding (EOP) can signal that a stock is expensive relative to its fundamentals. The total shares a company has outstanding, at period-end. View historical data on BellRing Brands and its competitors. BellRing Brands's current Shares Outstanding (EOP) is 116 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BellRing Brands stock overvalued right now?
Based on GuruFocus' analysis, BellRing Brands (STU:D51) is currently considered Significantly Undervalued. The stock's GF Value™ is €62.83, compared to a current price of €11.12 — trading 82.3% below its estimated fair value. The current Shares Outstanding (EOP) is 116 Mil. BellRing Brands' overall GF Score™ is 68/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (EOP) calculated?
Shares Outstanding (EOP) is calculated from a company's financial statements. For BellRing Brands (STU:D51), the current Shares Outstanding (EOP) is 116 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is BellRing Brands (STU:D51) Overvalued in 2026?
Based on GuruFocus' analysis, BellRing Brands stock appears to be undervalued.
The current stock price of €11.12 is trading 82.3% below its estimated GF Value™ of €62.83.
GuruFocus considers BellRing Brands to be Significantly Undervalued.
Key valuation signals for STU:D51:
Shares Outstanding (EOP): 116 Mil
GF Value™: €62.83 vs. price of €11.12 (82.3% below fair value)
No single metric tells the full story. See the STU:D51 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BellRing Brands Inc is a United States-based company engaged in providing nutrition-related products. Its brands, Premier Protein, Dymatize, and PowerBar provides various products including ready-to-drink protein shakes, powders and nutrition bars. The company's products are distributed through a diverse network of channel including club, food, drug and mass, eCommerce, convenience and specialty.
68GF Score
Get the complete analysis for STU:D51
Shares Outstanding (EOP) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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