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 Dips While Market Gains: Key Facts
Read MoreHide Full Article
Dutch Bros (BROS - Free Report) closed the latest trading day at $59.70, indicating a -1.27% change from the previous session's end. This change lagged the S&P 500's daily gain of 1%. Elsewhere, the Dow gained 0.78%, while the tech-heavy Nasdaq added 1.51%.
The drive-thru coffee chain operator and franchisor's shares have seen an increase of 15.58% over the last month, surpassing the Retail-Wholesale sector's loss of 3.58% and the S&P 500's loss of 2.14%.
Analysts and investors alike will be keeping a close eye on the performance of Dutch Bros in its upcoming earnings disclosure. The company's earnings per share (EPS) are projected to be $0.02, reflecting a 50% decrease from the same quarter last year. Meanwhile, the latest consensus estimate predicts the revenue to be $319.28 million, indicating a 25.64% increase compared to the same quarter of the previous year.
Investors should also pay attention to any latest changes in analyst estimates for Dutch Bros. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 4.04% higher within the past month. Dutch Bros is currently a Zacks Rank #2 (Buy).
In terms of valuation, Dutch Bros is presently being traded at a Forward P/E ratio of 103.49. Its industry sports an average Forward P/E of 22.44, so one might conclude that Dutch Bros is trading at a premium comparatively.
Investors should also note that BROS has a PEG ratio of 2.94 right now. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. By the end of yesterday's trading, the Retail - Restaurants industry had an average PEG ratio of 2.
The Retail - Restaurants industry is part of the Retail-Wholesale sector. With its current Zacks Industry Rank of 65, this industry ranks in the top 26% of all industries, numbering over 250.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Dutch Bros (BROS) Stock Dips While Market Gains: Key Facts
Dutch Bros (BROS - Free Report) closed the latest trading day at $59.70, indicating a -1.27% change from the previous session's end. This change lagged the S&P 500's daily gain of 1%. Elsewhere, the Dow gained 0.78%, while the tech-heavy Nasdaq added 1.51%.
The drive-thru coffee chain operator and franchisor's shares have seen an increase of 15.58% over the last month, surpassing the Retail-Wholesale sector's loss of 3.58% and the S&P 500's loss of 2.14%.
Analysts and investors alike will be keeping a close eye on the performance of Dutch Bros in its upcoming earnings disclosure. The company's earnings per share (EPS) are projected to be $0.02, reflecting a 50% decrease from the same quarter last year. Meanwhile, the latest consensus estimate predicts the revenue to be $319.28 million, indicating a 25.64% increase compared to the same quarter of the previous year.
Investors should also pay attention to any latest changes in analyst estimates for Dutch Bros. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 4.04% higher within the past month. Dutch Bros is currently a Zacks Rank #2 (Buy).
In terms of valuation, Dutch Bros is presently being traded at a Forward P/E ratio of 103.49. Its industry sports an average Forward P/E of 22.44, so one might conclude that Dutch Bros is trading at a premium comparatively.
Investors should also note that BROS has a PEG ratio of 2.94 right now. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. By the end of yesterday's trading, the Retail - Restaurants industry had an average PEG ratio of 2.
The Retail - Restaurants industry is part of the Retail-Wholesale sector. With its current Zacks Industry Rank of 65, this industry ranks in the top 26% of all industries, numbering over 250.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.