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Dutch Bros (BROS) Registers a Bigger Fall Than the Market: Important Facts to Note
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Dutch Bros (BROS - Free Report) closed at $66.28 in the latest trading session, marking a -2.66% move from the prior day. This change lagged the S&P 500's 0.45% loss on the day. On the other hand, the Dow registered a loss of 0.25%, and the technology-centric Nasdaq decreased by 1.16%.
The stock of drive-thru coffee chain operator and franchisor has risen by 21.05% in the past month, leading the Retail-Wholesale sector's loss of 0.18% and the S&P 500's gain of 2.14%.
The investment community will be paying close attention to the earnings performance of Dutch Bros in its upcoming release. On that day, Dutch Bros is projected to report earnings of $0.29 per share, which would represent year-over-year growth of 11.54%. Our most recent consensus estimate is calling for quarterly revenue of $522.66 million, up 25.7% from the year-ago period.
BROS's full-year Zacks Consensus Estimates are calling for earnings of $0.93 per share and revenue of $2.08 billion. These results would represent year-over-year changes of +22.37% and +27.07%, respectively.
It is also important to note the recent changes to analyst estimates for Dutch Bros. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Consequently, upward revisions in estimates express analysts' positivity towards the 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. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.23% higher. Dutch Bros is holding a Zacks Rank of #2 (Buy) right now.
Investors should also note Dutch Bros's current valuation metrics, including its Forward P/E ratio of 73.13. This valuation marks a premium compared to its industry average Forward P/E of 20.01.
One should further note that BROS currently holds a PEG ratio of 1.98. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Retail - Restaurants was holding an average PEG ratio of 1.98 at yesterday's closing price.
The Retail - Restaurants industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 206, putting it in the bottom 17% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
View the Zacks #1 Rank List
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Dutch Bros (BROS) Registers a Bigger Fall Than the Market: Important Facts to Note
Dutch Bros (BROS - Free Report) closed at $66.28 in the latest trading session, marking a -2.66% move from the prior day. This change lagged the S&P 500's 0.45% loss on the day. On the other hand, the Dow registered a loss of 0.25%, and the technology-centric Nasdaq decreased by 1.16%.
The stock of drive-thru coffee chain operator and franchisor has risen by 21.05% in the past month, leading the Retail-Wholesale sector's loss of 0.18% and the S&P 500's gain of 2.14%.
The investment community will be paying close attention to the earnings performance of Dutch Bros in its upcoming release. On that day, Dutch Bros is projected to report earnings of $0.29 per share, which would represent year-over-year growth of 11.54%. Our most recent consensus estimate is calling for quarterly revenue of $522.66 million, up 25.7% from the year-ago period.
BROS's full-year Zacks Consensus Estimates are calling for earnings of $0.93 per share and revenue of $2.08 billion. These results would represent year-over-year changes of +22.37% and +27.07%, respectively.
It is also important to note the recent changes to analyst estimates for Dutch Bros. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Consequently, upward revisions in estimates express analysts' positivity towards the 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. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.23% higher. Dutch Bros is holding a Zacks Rank of #2 (Buy) right now.
Investors should also note Dutch Bros's current valuation metrics, including its Forward P/E ratio of 73.13. This valuation marks a premium compared to its industry average Forward P/E of 20.01.
One should further note that BROS currently holds a PEG ratio of 1.98. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Retail - Restaurants was holding an average PEG ratio of 1.98 at yesterday's closing price.
The Retail - Restaurants industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 206, putting it in the bottom 17% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.