Dutch Bros Inc (NYSE: BROS) closed the day trading at $29.67 up 1.85% from the previous closing price of $29.13. On the day, 1719677 shares were traded. BROS stock price reached its highest trading level at $29.86 during the session, while it also had its lowest trading level at $28.65.
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Ratios:
For a better understanding of BROS, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.15 and its Current Ratio is at 1.49. In the meantime, Its Debt-to-Equity ratio is 1.86 whereas as Long-Term Debt/Eq ratio is at 1.79.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Stifel on February 22, 2024, Reiterated its Buy rating but revised its target price to $40 from $35 previously.
On January 16, 2024, Stifel Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $32 to $35.
JP Morgan Upgraded its Neutral to Overweight on November 20, 2023, whereas the target price for the stock was revised from $30 to $35.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 26 when Boersma Travis sold 134,153 shares for $29.13 per share. The transaction valued at 3,907,519 led to the insider holds 1,182,520 shares of the business.
DM Trust Aggregator, LLC sold 126,886 shares of BROS for $3,689,443 on Feb 26. The 10% Owner now owns 1,837,578 shares after completing the transaction at $29.08 per share. On Feb 26, another insider, DM Individual Aggregator, LLC, who serves as the 10% Owner of the company, sold 7,267 shares for $30.01 each. As a result, the insider received 218,075 and left with 1,182,520 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BROS now has a Market Capitalization of 2.41B and an Enterprise Value of 2.95B. As of this moment, Dutch’s Price-to-Earnings (P/E) ratio for their current fiscal year is 944.90, and their Forward P/E ratio for the next fiscal year is 72.73. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 31.81. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.48 while its Price-to-Book (P/B) ratio in mrq is 6.57. Its current Enterprise Value per Revenue stands at 3.06 whereas that against EBITDA is 24.94.
Stock Price History:
Over the past 52 weeks, BROS has reached a high of $35.18, while it has fallen to a 52-week low of $22.67. The 50-Day Moving Average of the stock is 28.45, while the 200-Day Moving Average is calculated to be 27.99.
Shares Statistics:
Over the past 3-months, BROS traded about 1.75M shares per day on average, while over the past 10 days, BROS traded about 3.28M shares per day. A total of 69.96M shares are outstanding, with a floating share count of 61.07M. Insiders hold about 25.56% of the company’s shares, while institutions hold 55.47% stake in the company. Shares short for BROS as of Feb 15, 2024 were 7.62M with a Short Ratio of 4.36, compared to 8.01M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 9.45% and a Short% of Float of 11.67%.
Earnings Estimates
Current recommendations for the stock of the company come from 9 analysts. On average, analysts expect EPS of $0.02 for the current quarter, with a high estimate of $0.05 and a low estimate of -$0.01, while EPS last year was $0. The consensus estimate for the next quarter is $0.14, with high estimates of $0.16 and low estimates of $0.12.
Analysts are recommending an EPS of between $0.39 and $0.29 for the fiscal current year, implying an average EPS of $0.33. EPS for the following year is $0.42, with 11 analysts recommending between $0.52 and $0.32.
Revenue Estimates
11 analysts predict $254.48M in revenue for the current quarter. It ranges from a high estimate of $259.9M to a low estimate of $249.3M. As of the current estimate, Dutch Bros Inc’s year-ago sales were $197.27M, an estimated increase of 29.00% from the year-ago figure.
A total of 12 analysts have provided revenue estimates for BROS’s current fiscal year. The highest revenue estimate was $1.21B, while the lowest revenue estimate was $1.19B, resulting in an average revenue estimate of $1.2B. In the same quarter a year ago, actual revenue was $965.78M, up 24.40% from the average estimate. Based on 12 analysts’ estimates, the company’s revenue will be $1.47B in the next fiscal year. The high estimate is $1.52B and the low estimate is $1.43B. The average revenue growth estimate for next year is up 22.00% from the average revenue estimate for this year.
