The price of Dutch Bros Inc (NYSE: BROS) closed at $34.37 in the last session, up 2.02% from day before closing price of $33.69. In other words, the price has increased by $+0.68 from its previous closing price. On the day, 2069463 shares were traded.
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Ratios:
We take a closer look at BROS’s different ratios to gain a better understanding of the stock. 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 the company, Piper Sandler on March 04, 2024, Upgraded its rating to Overweight and sets its target price to $37 from $32 previously.
On February 22, 2024, Stifel reiterated its Buy rating and also lowered its target price recommendation from $35 to $40.
Stifel Upgraded its Hold to Buy on January 16, 2024, whereas the target price for the stock was revised from $32 to $35.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 12 ’24 when Boersma Travis sold 338,390 shares for $33.13 per share. The transaction valued at 11,210,819 led to the insider holds 823,530 shares of the business.
DM Trust Aggregator, LLC sold 216,172 shares of BROS for $7,157,261 on Mar 12 ’24. The 10% Owner now owns 1,294,707 shares after completing the transaction at $33.11 per share. On Mar 12 ’24, another insider, DM Individual Aggregator, LLC, who serves as the 10% Owner of the company, sold 122,218 shares for $33.17 each. As a result, the insider received 4,053,559 and left with 823,530 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 2.79B and an Enterprise Value of 3.33B. As of this moment, Dutch’s Price-to-Earnings (P/E) ratio for their current fiscal year is 1094.59, and their Forward P/E ratio for the next fiscal year is 83.94. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 36.85. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.87 while its Price-to-Book (P/B) ratio in mrq is 7.61. Its current Enterprise Value per Revenue stands at 3.45 whereas that against EBITDA is 28.17.
Stock Price History:
Over the past 52 weeks, BROS has reached a high of $35.09, while it has fallen to a 52-week low of $22.67. The 50-Day Moving Average of the stock is 28.56, while the 200-Day Moving Average is calculated to be 28.10.
Shares Statistics:
According to the various share statistics, BROS traded on average about 1.85M shares per day over the past 3-months and 2.26M shares per day over the past 10 days. A total of 69.96M shares are outstanding, with a floating share count of 61.65M. Insiders hold about 23.54% of the company’s shares, while institutions hold 55.47% stake in the company. Shares short for BROS as of Feb 29, 2024 were 7.32M with a Short Ratio of 3.96, compared to 7.15M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 9.02% and a Short% of Float of 11.12%.
Earnings Estimates
The company has 10 analysts who recommend its stock at the moment. 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 $0.11.
Analysts are recommending an EPS of between $0.39 and $0.28 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
According to 11 analysts, the current quarter’s revenue is expected to be $254.5M. It ranges from a high estimate of $259.73M 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 24.50% 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 21.90% from the average revenue estimate for this year.
