After finishing at $33.08 in the prior trading day, Dutch Bros Inc (NYSE: BROS) closed at $33.15, up 0.21%. In other words, the price has increased by $+0.07 from its previous closing price. On the day, 2347522 shares were traded.
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Ratios:
Our goal is to gain a better understanding of BROS by taking a closer 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 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:
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 Mar 21 ’24 when Boersma Travis sold 98,017 shares for $36.04 per share. The transaction valued at 3,532,523 led to the insider holds 672,439 shares of the business.
DM Trust Aggregator, LLC sold 49,218 shares of BROS for $1,773,797 on Mar 21 ’24. The 10% Owner now owns 1,051,178 shares after completing the transaction at $36.04 per share. On Mar 21 ’24, another insider, DM Individual Aggregator, LLC, who serves as the 10% Owner of the company, sold 48,799 shares for $36.04 each. As a result, the insider received 1,758,726 and left with 672,439 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 3.09B and an Enterprise Value of 3.63B. As of this moment, Dutch’s Price-to-Earnings (P/E) ratio for their current fiscal year is 1055.73, and their Forward P/E ratio for the next fiscal year is 80.21. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 35.55. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.77 while its Price-to-Book (P/B) ratio in mrq is 7.34. Its current Enterprise Value per Revenue stands at 3.76 whereas that against EBITDA is 30.69.
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 29.42, while the 200-Day Moving Average is calculated to be 28.38.
Shares Statistics:
The stock has traded on average 1.99M shares per day over the past 3-months and 2.71M shares per day over the last 10 days, according to various share statistics. A total of 69.96M shares are outstanding, with a floating share count of 62.74M. Insiders hold about 22.19% 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 3.52, 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
Its stock is currently analyzed by 10 different market 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
11 analysts predict $254.95M in revenue for the current quarter. 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.
