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In the latest session, Dutch Bros Inc (NYSE: BROS) closed at $28.80 down -3.90% from its previous closing price of $29.97. In other words, the price has decreased by $-3.90 from its previous closing price. On the day, 2.3 million shares were traded. BROS stock price reached its highest trading level at $30.05 during the session, while it also had its lowest trading level at $28.52.
Ratios:
For a deeper understanding of Dutch Bros Inc’s stock, let’s take a closer look at its various 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 5076777472 and an Enterprise Value of 3287191040. As of this moment, Dutch’s Price-to-Earnings (P/E) ratio for their current fiscal year is 917.20, and their Forward P/E ratio for the next fiscal year is 72.05. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 30.88. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.60 while its Price-to-Book (P/B) ratio in mrq is 6.37. Its current Enterprise Value per Revenue stands at 3.404 whereas that against EBITDA is 27.785.
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 -7.03%, while the 200-Day Moving Average is calculated to be 0.47%.
Shares Statistics:
For the past three months, BROS has traded an average of 2.03M shares per day and 1661310 over the past ten days. A total of 87.24M shares are outstanding, with a floating share count of 72.02M. Insiders hold about 17.44% of the company’s shares, while institutions hold 52.57% stake in the company. Shares short for BROS as of 1711584000 were 6963133 with a Short Ratio of 3.43, compared to 1709164800 on 7322421. Therefore, it implies a Short% of Shares Outstanding of 6963133 and a Short% of Float of 8.799999999999999.
Earnings Estimates
Currently, Warner Bros. Discovery, Inc. – analysts are dedicated to thoroughly evaluating and rating the performance of Dutch Bros Inc (BROS) in the stock market.The consensus estimate for the next quarter is $28.80, with high estimates of $55.78 and low estimates of $82.50.
