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Dutch Bros (BROS) Stock Slides as Market Rises: Facts to Know Before You Trade
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Dutch Bros (BROS - Free Report) closed at $63.52 in the latest trading session, marking a -1.34% move from the prior day. This move lagged the S&P 500's daily gain of 0.46%. Meanwhile, the Dow experienced a rise of 0.17%, and the technology-dominated Nasdaq saw an increase of 0.57%.
The stock of drive-thru coffee chain operator and franchisor has risen by 20.65% in the past month, leading the Retail-Wholesale sector's gain of 3.47% and the S&P 500's gain of 4.22%.
The investment community will be closely monitoring the performance of Dutch Bros in its forthcoming earnings report. The company is predicted to post an EPS of $0.1, indicating a 42.86% growth compared to the equivalent quarter last year. Our most recent consensus estimate is calling for quarterly revenue of $424.13 million, up 23.73% from the year-ago period.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $0.68 per share and revenue of $1.62 billion, indicating changes of +38.78% and +26.47%, respectively, compared to the previous year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Dutch Bros. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. 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.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, the Zacks Consensus EPS estimate has moved 1.07% higher. Currently, Dutch Bros is carrying a Zacks Rank of #3 (Hold).
From a valuation perspective, Dutch Bros is currently exchanging hands at a Forward P/E ratio of 95.28. This denotes a premium relative to the industry average Forward P/E of 21.17.
Meanwhile, BROS's PEG ratio is currently 2.91. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. As the market closed yesterday, the Retail - Restaurants industry was having an average PEG ratio of 2.34.
The Retail - Restaurants industry is part of the Retail-Wholesale sector. Currently, this industry holds a Zacks Industry Rank of 193, positioning it in the bottom 22% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual 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.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
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Dutch Bros (BROS) Stock Slides as Market Rises: Facts to Know Before You Trade
Dutch Bros (BROS - Free Report) closed at $63.52 in the latest trading session, marking a -1.34% move from the prior day. This move lagged the S&P 500's daily gain of 0.46%. Meanwhile, the Dow experienced a rise of 0.17%, and the technology-dominated Nasdaq saw an increase of 0.57%.
The stock of drive-thru coffee chain operator and franchisor has risen by 20.65% in the past month, leading the Retail-Wholesale sector's gain of 3.47% and the S&P 500's gain of 4.22%.
The investment community will be closely monitoring the performance of Dutch Bros in its forthcoming earnings report. The company is predicted to post an EPS of $0.1, indicating a 42.86% growth compared to the equivalent quarter last year. Our most recent consensus estimate is calling for quarterly revenue of $424.13 million, up 23.73% from the year-ago period.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $0.68 per share and revenue of $1.62 billion, indicating changes of +38.78% and +26.47%, respectively, compared to the previous year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Dutch Bros. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. 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.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, the Zacks Consensus EPS estimate has moved 1.07% higher. Currently, Dutch Bros is carrying a Zacks Rank of #3 (Hold).
From a valuation perspective, Dutch Bros is currently exchanging hands at a Forward P/E ratio of 95.28. This denotes a premium relative to the industry average Forward P/E of 21.17.
Meanwhile, BROS's PEG ratio is currently 2.91. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. As the market closed yesterday, the Retail - Restaurants industry was having an average PEG ratio of 2.34.
The Retail - Restaurants industry is part of the Retail-Wholesale sector. Currently, this industry holds a Zacks Industry Rank of 193, positioning it in the bottom 22% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual 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.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.