The closing price of Dutch Bros Inc (NYSE: BROS) was $31.64 for the day, down -3.95% from the previous closing price of $32.94. In other words, the price has decreased by -$1.30 from its previous closing price. On the day, 1876193 shares were traded.
Ratios:
Our analysis of BROS’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Mar 26 ’24 when TSG7 A Management LLC sold 8,000,000 shares for $33.88 per share. The transaction valued at 271,000,000 led to the insider holds 0 shares of the business.
Boersma Travis sold 98,017 shares of BROS for $3,532,523 on Mar 21 ’24. The Executive Chairman of Board now owns 672,439 shares after completing the transaction at $36.04 per share. On Mar 21 ’24, another insider, DM Trust Aggregator, LLC, who serves as the 10% Owner of the company, sold 49,218 shares for $36.04 each. As a result, the insider received 1,773,797 and left with 1,051,178 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 2.95B and an Enterprise Value of 3.49B. As of this moment, Dutch’s Price-to-Earnings (P/E) ratio for their current fiscal year is 1007.64, and their Forward P/E ratio for the next fiscal year is 76.56. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 33.93. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.12 while its Price-to-Book (P/B) ratio in mrq is 7.00. Its current Enterprise Value per Revenue stands at 3.62 whereas that against EBITDA is 29.50.
Stock Price History:
Over the past 52 weeks, BROS has reached a high of $36.17, while it has fallen to a 52-week low of $22.67. The 50-Day Moving Average of the stock is 29.81, while the 200-Day Moving Average is calculated to be 28.49.
Shares Statistics:
BROS traded an average of 2.01M shares per day over the past three months and 2.81M shares per day over the past ten days. A total of 95.24M shares are outstanding, with a floating share count of 77.64M. Insiders hold about 18.48% of the company’s shares, while institutions hold 46.96% stake in the company. Shares short for BROS as of Mar 15, 2024 were 7M with a Short Ratio of 3.48, compared to 7.62M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 8.03% and a Short% of Float of 9.48%.
Earnings Estimates
The firm’s stock currently is rated by 10 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 $0.11.
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
It is expected that $90B in revenue will be generated in the current quarter, according to 11 analysts. 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 29.20% 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 24.60% 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.
