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Dutch Bros (BROS) Surpasses Market Returns: Some Facts Worth Knowing
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Dutch Bros (BROS - Free Report) ended the recent trading session at $65.64, demonstrating a +1.09% change from the preceding day's closing price. The stock's change was more than the S&P 500's daily gain of 0.81%. On the other hand, the Dow registered a gain of 0.27%, and the technology-centric Nasdaq increased by 1.3%.
The drive-thru coffee chain operator and franchisor's shares have seen an increase of 7.71% over the last month, surpassing the Retail-Wholesale sector's gain of 0.24% and the S&P 500's gain of 1.13%.
Analysts and investors alike will be keeping a close eye on the performance of Dutch Bros in its upcoming earnings disclosure. In that report, analysts expect Dutch Bros to post earnings of $0.29 per share. This would mark year-over-year growth of 11.54%. Simultaneously, our latest consensus estimate expects the revenue to be $522.66 million, showing a 25.7% escalation compared to the year-ago quarter.
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's also important for investors to be aware of any recent modifications to analyst estimates for Dutch Bros. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. 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, 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 past month, there's been a 0.23% rise in the Zacks Consensus EPS estimate. Currently, Dutch Bros is carrying a Zacks Rank of #2 (Buy).
In terms of valuation, Dutch Bros is currently trading at a Forward P/E ratio of 69.73. Its industry sports an average Forward P/E of 19.67, so one might conclude that Dutch Bros is trading at a premium comparatively.
We can additionally observe that BROS currently boasts a PEG ratio of 1.89. 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 had an average PEG ratio of 1.92 as trading concluded yesterday.
The Retail - Restaurants industry is part of the Retail-Wholesale sector. With its current Zacks Industry Rank of 200, this industry ranks in the bottom 19% of all industries, numbering over 250.
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.
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Dutch Bros (BROS) Surpasses Market Returns: Some Facts Worth Knowing
Dutch Bros (BROS - Free Report) ended the recent trading session at $65.64, demonstrating a +1.09% change from the preceding day's closing price. The stock's change was more than the S&P 500's daily gain of 0.81%. On the other hand, the Dow registered a gain of 0.27%, and the technology-centric Nasdaq increased by 1.3%.
The drive-thru coffee chain operator and franchisor's shares have seen an increase of 7.71% over the last month, surpassing the Retail-Wholesale sector's gain of 0.24% and the S&P 500's gain of 1.13%.
Analysts and investors alike will be keeping a close eye on the performance of Dutch Bros in its upcoming earnings disclosure. In that report, analysts expect Dutch Bros to post earnings of $0.29 per share. This would mark year-over-year growth of 11.54%. Simultaneously, our latest consensus estimate expects the revenue to be $522.66 million, showing a 25.7% escalation compared to the year-ago quarter.
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's also important for investors to be aware of any recent modifications to analyst estimates for Dutch Bros. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. 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, 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 past month, there's been a 0.23% rise in the Zacks Consensus EPS estimate. Currently, Dutch Bros is carrying a Zacks Rank of #2 (Buy).
In terms of valuation, Dutch Bros is currently trading at a Forward P/E ratio of 69.73. Its industry sports an average Forward P/E of 19.67, so one might conclude that Dutch Bros is trading at a premium comparatively.
We can additionally observe that BROS currently boasts a PEG ratio of 1.89. 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 had an average PEG ratio of 1.92 as trading concluded yesterday.
The Retail - Restaurants industry is part of the Retail-Wholesale sector. With its current Zacks Industry Rank of 200, this industry ranks in the bottom 19% of all industries, numbering over 250.
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.