The stock of Dutch Bros Inc. (NYSE:BROS) decreased by -$0.35 on Tuesday to $33.23, down -1.04 percent. The last five days have seen an average of 2,368,000 shares of common stock traded. 13 times new highs were reached in the current year, with a gain of $5.06. The average number of shares traded over the last 20 days was 1,225,285, while the average volume over the last 50 days totaled 880,886.
BROS stock appreciated 16.72% since last month. On 08/08/23, the company’s shares reached a one-month low of $27.05. The stock touched a high of $47.57 on 02/03/23, after rallying from a low of $25.45 in 52 weeks. The price of BROS stock has risen by 17.88% or $5.06 this year, reaching a new high 13 times. Still, the stock price is down -30.15% from the 52-week high.
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Insider Transactions
BROS stock investors should be aware that Dutch Bros Inc. (BROS) stock had its last reported insider trading activity 4 days ago on Aug 11. On Aug 11, Chief Legal Officer Tullett Victoria J acquired 739 shares at $33.80 each. This transaction resulted in the insider spending $24,978. On Aug 01, Ricci Joth sold 80,000 shares at a price of US$30.29. After the transaction, the insider now owns 1,976,335 shares. CEO and President Ricci Joth had earlier sold 160,000 shares on Feb 01 for $37.53 a share. The transaction was completed for $6,004,382.
Valuation Metrics
Dutch Bros Inc. (BROS) has a trailing price-to-earnings (P/E) ratio of 33230.00. Beta for the stock is 2.46. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 6.24, the price-to-book (PB) ratio of 13.90.
Financial Health
For the three months ended June 29, Dutch Bros Inc.’s quick ratio was 0.20, while its current ratio was 0.30, indicating its inability to pay off its debt. The company’s long-term debt to equity ratio for the quarter ending June 29 is 3.03, and the total debt to equity ratio is 4.46. As far as profitability goes, gross margin for the trailing twelve months is 28.70% percent. Dutch Bros Inc.’s EBITDA margin for the year ended June 29 was 5.77%, whereas its operating margin stood at 3.30% for the same period. Based on annual data, it had gross profit of $180.92 million and revenue of $739.01 million.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. BROS’s return on assets (ROA) during the last 12 months has been 0.00%. There was a -0.90% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 0.00%.
Earnings Surprise
According to Dutch Bros Inc.’s quarterly financial report for the quarter that ended June 29. A higher net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $249.88 million, while revenues rose by 25.41% to $197.27 million. It was predicted that Dutch Bros Inc.’s quarterly earnings would be $0.13, but it ended up being $0.07, beating the consensus by 85.70%. EBITDA was $36.1 million for the quarter. At the end of Dutch Bros Inc.’s most recent quarter ended June 29, its liabilities totaled 1.1 billion, while its total debt was $783.14 million. Equity owned by shareholders amounts to $163.84 million.
Technical Picture
Here’s a quick look at Dutch Bros Inc.’s (BROS) price momentum from a technical perspective. As of 14 August, the RSI 9-day stood at 65.99%, suggesting the stock is Neutral, with a 89.39% historical volatility rate.
The stochastic %K and %D were 78.69% and 75.41% respectively, while the average true range (ATR) was 1.73. Based on the 14-day stochastic reading of 77.11%, the RSI (14) reading is 63.20%. On the 9-day MACD Oscillator, the stock is at 2.33, and the 14-day reading is at 2.64.
Analyst Ratings
Analysts have assigned Dutch Bros Inc. (BROS) an Overweight rating. BROS is a stock that is recommended for selling by 0 brokerage firms, while 7 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 0 rates it overweight and 5 others recommend it as a buy.
What is BROS’s price target for the next 12 months?
The current consensus forecast for the stock is between $30.00 and $53.00, with a median target price of $34.00. In analyzing these forecasts, the average price target given by analysts for Dutch Bros Inc. (BROS) is $35.73.
