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Dutch Bros (BROS) Sees a More Significant Dip Than Broader Market: Some Facts to Know
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In the latest trading session, Dutch Bros (BROS - Free Report) closed at $67.03, marking a -5.22% move from the previous day. The stock's change was less than the S&P 500's daily loss of 0.37%. Meanwhile, the Dow experienced a rise of 0.29%, and the technology-dominated Nasdaq saw a decrease of 1.33%.
The drive-thru coffee chain operator and franchisor's stock has climbed by 35.69% in the past month, exceeding the Retail-Wholesale sector's loss of 4.65% and the S&P 500's gain of 2.02%.
The investment community will be paying close attention to the earnings performance of Dutch Bros in its upcoming release. The company is expected to report EPS of $0.29, up 11.54% from the prior-year quarter. Simultaneously, our latest consensus estimate expects the revenue to be $522.5 million, showing a 25.66% escalation compared to the year-ago quarter.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $0.93 per share and a revenue of $2.08 billion, representing changes of +22.37% and +26.94%, respectively, from the prior 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. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
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. The Zacks Consensus EPS estimate has moved 0.43% higher within the past month. Dutch Bros is holding a Zacks Rank of #3 (Hold) right now.
In terms of valuation, Dutch Bros is currently trading at a Forward P/E ratio of 76.13. This expresses a premium compared to the average Forward P/E of 19.16 of its industry.
Meanwhile, BROS's PEG ratio is currently 2.06. 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. The Retail - Restaurants industry currently had an average PEG ratio of 1.91 as of yesterday's close.
The Retail - Restaurants industry is part of the Retail-Wholesale sector. This industry currently has a Zacks Industry Rank of 205, which puts it in the bottom 16% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
View the Zacks #1 Rank List
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Dutch Bros (BROS) Sees a More Significant Dip Than Broader Market: Some Facts to Know
In the latest trading session, Dutch Bros (BROS - Free Report) closed at $67.03, marking a -5.22% move from the previous day. The stock's change was less than the S&P 500's daily loss of 0.37%. Meanwhile, the Dow experienced a rise of 0.29%, and the technology-dominated Nasdaq saw a decrease of 1.33%.
The drive-thru coffee chain operator and franchisor's stock has climbed by 35.69% in the past month, exceeding the Retail-Wholesale sector's loss of 4.65% and the S&P 500's gain of 2.02%.
The investment community will be paying close attention to the earnings performance of Dutch Bros in its upcoming release. The company is expected to report EPS of $0.29, up 11.54% from the prior-year quarter. Simultaneously, our latest consensus estimate expects the revenue to be $522.5 million, showing a 25.66% escalation compared to the year-ago quarter.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $0.93 per share and a revenue of $2.08 billion, representing changes of +22.37% and +26.94%, respectively, from the prior 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. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
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. The Zacks Consensus EPS estimate has moved 0.43% higher within the past month. Dutch Bros is holding a Zacks Rank of #3 (Hold) right now.
In terms of valuation, Dutch Bros is currently trading at a Forward P/E ratio of 76.13. This expresses a premium compared to the average Forward P/E of 19.16 of its industry.
Meanwhile, BROS's PEG ratio is currently 2.06. 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. The Retail - Restaurants industry currently had an average PEG ratio of 1.91 as of yesterday's close.
The Retail - Restaurants industry is part of the Retail-Wholesale sector. This industry currently has a Zacks Industry Rank of 205, which puts it in the bottom 16% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.