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As of close of business last night, Dutch Bros Inc’s stock clocked out at $41.83, down -0.05% from its previous closing price of $41.85. In other words, the price has decreased by -$0.05 from its previous closing price. On the day, 2.46 million shares were traded. BROS stock price reached its highest trading level at $42.385 during the session, while it also had its lowest trading level at $41.55.
Ratios:
To gain a deeper understanding of BROS’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.98 and its Current Ratio is at 2.29. In the meantime, Its Debt-to-Equity ratio is 2.07 whereas as Long-Term Debt/Eq ratio is at 1.99.
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, TD Cowen on May 10, 2024, Upgraded its rating to Buy and sets its target price to $46 from $33 previously.
On March 04, 2024, Piper Sandler Upgraded its rating to Overweight which previously was Neutral and also upped its target price recommendation from $32 to $37.
Stifel reiterated its Buy rating for the stock on February 22, 2024, while the target price for the stock was revised from $35 to $40.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on May 29 ’24 when TSG7 A Management LLC sold 3,403,924 shares for $35.85 per share. The transaction valued at 122,030,675 led to the insider holds 0 shares of the business.
Boersma Travis sold 264,798 shares of BROS for $9,586,144 on May 29 ’24. The Executive Chairman of Board now owns 634,543 shares after completing the transaction at $36.20 per share. On May 29 ’24, another insider, DM Trust Aggregator, LLC, who serves as the 10% Owner of the company, sold 248,346 shares for $36.21 each. As a result, the insider received 8,993,577 and left with 1,008,992 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 7414912000 and an Enterprise Value of 4852846592. As of this moment, Dutch’s Price-to-Earnings (P/E) ratio for their current fiscal year is 227.46, and their Forward P/E ratio for the next fiscal year is 91.25. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 8.82. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.30 while its Price-to-Book (P/B) ratio in mrq is 9.35. Its current Enterprise Value per Revenue stands at 4.65 whereas that against EBITDA is 31.689.
Stock Price History:
The Beta on a monthly basis for BROS is 2.54, which has changed by 0.47133315 over the last 52 weeks, in comparison to a change of 0.23886502 over the same period for the S&P500. Over the past 52 weeks, BROS has reached a high of $42.87, while it has fallen to a 52-week low of $22.67. The 50-Day Moving Average of the stock is 19.06%, while the 200-Day Moving Average is calculated to be 39.14%.
Shares Statistics:
It appears that BROS traded 2.91M shares on average per day over the past three months and 4175120 shares per day over the past ten days. A total of 107.29M shares are outstanding, with a floating share count of 99.05M. Insiders hold about 7.67% of the company’s shares, while institutions hold 57.65% stake in the company. Shares short for BROS as of 1718323200 were 7334002 with a Short Ratio of 2.52, compared to 1715731200 on 7851679. Therefore, it implies a Short% of Shares Outstanding of 7334002 and a Short% of Float of 9.0500005.
