The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
As of close of business last night, Dutch Bros Inc’s stock clocked out at $27.00, down -4.12% from its previous closing price of $28.16. In other words, the price has decreased by -$4.12 from its previous closing price. On the day, 2.65 million shares were traded. BROS stock price reached its highest trading level at $27.85 during the session, while it also had its lowest trading level at $26.9.
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 1.15 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:
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 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 4759478784 and an Enterprise Value of 3045988608. As of this moment, Dutch’s Price-to-Earnings (P/E) ratio for their current fiscal year is 859.87, and their Forward P/E ratio for the next fiscal year is 67.80. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 33.79. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.44 while its Price-to-Book (P/B) ratio in mrq is 5.97. Its current Enterprise Value per Revenue stands at 3.154 whereas that against EBITDA is 25.746.
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 -13.40%, while the 200-Day Moving Average is calculated to be -5.76%.
Shares Statistics:
It appears that BROS traded 2.09M shares on average per day over the past three months and 1758830 shares per day over the past ten days. A total of 87.24M shares are outstanding, with a floating share count of 71.65M. Insiders hold about 17.87% of the company’s shares, while institutions hold 52.93% stake in the company. Shares short for BROS as of 1713139200 were 7802586 with a Short Ratio of 3.73, compared to 1710460800 on 7004859. Therefore, it implies a Short% of Shares Outstanding of 7802586 and a Short% of Float of 9.86.
Earnings Estimates
The stock of Dutch Bros Inc (BROS) is currently in the spotlight, with 11.0 analysts actively rating and assessing its market standing.On average, analysts expect EPS of $0.02 for the current quarter, with a high estimate of $0.04 and a low estimate of -$0.01, while EPS last year was $0. The consensus estimate for the next quarter is $0.13, 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 $0.32. EPS for the following year is $0.42, with 12.0 analysts recommending between $0.52 and $0.32.
Revenue Estimates
In the current quarter, 13 analysts expect revenue to total $255.7M. 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 $197.27MFor the next quarter, 13 analysts are estimating revenue of $312.99M. There is a high estimate of $319.15M for the next quarter, whereas the lowest estimate is $308.7M.
A total of 13 analysts have provided revenue estimates for BROS’s current fiscal year. The highest revenue estimate was $1.22B, 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 $965.78MBased on 13 analysts’ estimates, the company’s revenue will be $1.47B in the next fiscal year. The high estimate is $1.54B and the low estimate is $1.43B.
