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Dutch Bros (BROS) Falls More Steeply Than Broader Market: What Investors Need to Know
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Dutch Bros (BROS - Free Report) closed the most recent trading day at $46.69, moving -2.77% from the previous trading session. This change lagged the S&P 500's daily loss of 1.67%. On the other hand, the Dow registered a loss of 1.73%, and the technology-centric Nasdaq decreased by 2.15%.
The drive-thru coffee chain operator and franchisor's stock has dropped by 10.93% in the past month, falling short of the Retail-Wholesale sector's loss of 4.2% and the S&P 500's loss of 6.15%.
Market participants will be closely following the financial results of Dutch Bros in its upcoming release. It is anticipated that the company will report an EPS of $0.15, marking a 7.14% rise compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $447.17 million, up 25.91% from the year-ago period.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $0.9 per share and a revenue of $2.04 billion, indicating changes of +18.42% and +24.28%, respectively, from the former year.
Investors should also take note of any recent adjustments to analyst estimates for Dutch Bros. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 1.43% upward. Currently, Dutch Bros is carrying a Zacks Rank of #3 (Hold).
Looking at valuation, Dutch Bros is presently trading at a Forward P/E ratio of 53.28. This expresses a premium compared to the average Forward P/E of 18.76 of its industry.
Meanwhile, BROS's PEG ratio is currently 1.57. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. As the market closed yesterday, the Retail - Restaurants industry was having an average PEG ratio of 1.85.
The Retail - Restaurants industry is part of the Retail-Wholesale sector. With its current Zacks Industry Rank of 180, this industry ranks in the bottom 27% of all industries, numbering over 250.
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.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
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Dutch Bros (BROS) Falls More Steeply Than Broader Market: What Investors Need to Know
Dutch Bros (BROS - Free Report) closed the most recent trading day at $46.69, moving -2.77% from the previous trading session. This change lagged the S&P 500's daily loss of 1.67%. On the other hand, the Dow registered a loss of 1.73%, and the technology-centric Nasdaq decreased by 2.15%.
The drive-thru coffee chain operator and franchisor's stock has dropped by 10.93% in the past month, falling short of the Retail-Wholesale sector's loss of 4.2% and the S&P 500's loss of 6.15%.
Market participants will be closely following the financial results of Dutch Bros in its upcoming release. It is anticipated that the company will report an EPS of $0.15, marking a 7.14% rise compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $447.17 million, up 25.91% from the year-ago period.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $0.9 per share and a revenue of $2.04 billion, indicating changes of +18.42% and +24.28%, respectively, from the former year.
Investors should also take note of any recent adjustments to analyst estimates for Dutch Bros. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 1.43% upward. Currently, Dutch Bros is carrying a Zacks Rank of #3 (Hold).
Looking at valuation, Dutch Bros is presently trading at a Forward P/E ratio of 53.28. This expresses a premium compared to the average Forward P/E of 18.76 of its industry.
Meanwhile, BROS's PEG ratio is currently 1.57. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. As the market closed yesterday, the Retail - Restaurants industry was having an average PEG ratio of 1.85.
The Retail - Restaurants industry is part of the Retail-Wholesale sector. With its current Zacks Industry Rank of 180, this industry ranks in the bottom 27% of all industries, numbering over 250.
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.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.