We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Dutch Bros (BROS) Stock Declines While Market Improves: Some Information for Investors
Read MoreHide Full Article
The most recent trading session ended with Dutch Bros (BROS - Free Report) standing at $32.67, reflecting a -0.09% shift from the previouse trading day's closing. This move lagged the S&P 500's daily gain of 0.4%. On the other hand, the Dow registered a gain of 0.62%, and the technology-centric Nasdaq increased by 0.6%.
Coming into today, shares of the drive-thru coffee chain operator and franchisor had gained 4.74% in the past month. In that same time, the Retail-Wholesale sector gained 5.71%, while the S&P 500 gained 1.71%.
The investment community will be closely monitoring the performance of Dutch Bros in its forthcoming earnings report. The company's earnings per share (EPS) are projected to be $0.11, reflecting a 21.43% decrease from the same quarter last year. Meanwhile, the latest consensus estimate predicts the revenue to be $323.92 million, indicating a 22.46% increase compared to the same quarter of the previous year.
For the full year, the Zacks Consensus Estimates project earnings of $0.39 per share and a revenue of $1.23 billion, demonstrating changes of +30% and +26.97%, respectively, from the preceding year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Dutch Bros. These revisions help to show the ever-changing nature of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the company's business operations and its ability to generate profits.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Dutch Bros is holding a Zacks Rank of #3 (Hold) right now.
With respect to valuation, Dutch Bros is currently being traded at a Forward P/E ratio of 83.54. For comparison, its industry has an average Forward P/E of 20.7, which means Dutch Bros is trading at a premium to the group.
Also, we should mention that BROS has a PEG ratio of 2.2. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. By the end of yesterday's trading, the Retail - Restaurants industry had an average PEG ratio of 2.22.
The Retail - Restaurants industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 178, putting it in the bottom 30% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Dutch Bros (BROS) Stock Declines While Market Improves: Some Information for Investors
The most recent trading session ended with Dutch Bros (BROS - Free Report) standing at $32.67, reflecting a -0.09% shift from the previouse trading day's closing. This move lagged the S&P 500's daily gain of 0.4%. On the other hand, the Dow registered a gain of 0.62%, and the technology-centric Nasdaq increased by 0.6%.
Coming into today, shares of the drive-thru coffee chain operator and franchisor had gained 4.74% in the past month. In that same time, the Retail-Wholesale sector gained 5.71%, while the S&P 500 gained 1.71%.
The investment community will be closely monitoring the performance of Dutch Bros in its forthcoming earnings report. The company's earnings per share (EPS) are projected to be $0.11, reflecting a 21.43% decrease from the same quarter last year. Meanwhile, the latest consensus estimate predicts the revenue to be $323.92 million, indicating a 22.46% increase compared to the same quarter of the previous year.
For the full year, the Zacks Consensus Estimates project earnings of $0.39 per share and a revenue of $1.23 billion, demonstrating changes of +30% and +26.97%, respectively, from the preceding year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Dutch Bros. These revisions help to show the ever-changing nature of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the company's business operations and its ability to generate profits.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Dutch Bros is holding a Zacks Rank of #3 (Hold) right now.
With respect to valuation, Dutch Bros is currently being traded at a Forward P/E ratio of 83.54. For comparison, its industry has an average Forward P/E of 20.7, which means Dutch Bros is trading at a premium to the group.
Also, we should mention that BROS has a PEG ratio of 2.2. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. By the end of yesterday's trading, the Retail - Restaurants industry had an average PEG ratio of 2.22.
The Retail - Restaurants industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 178, putting it in the bottom 30% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.