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Dutch Bros (BROS) Sees a More Significant Dip Than Broader Market: Some Facts to Know
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Dutch Bros (BROS - Free Report) closed at $41.37 in the latest trading session, marking a -1.45% move from the prior day. This change lagged the S&P 500's daily loss of 0.45%. Meanwhile, the Dow experienced a drop of 1.21%, and the technology-dominated Nasdaq saw a decrease of 0.01%.
Heading into today, shares of the drive-thru coffee chain operator and franchisor had lost 13.34% over the past month, lagging the Retail-Wholesale sector's loss of 7.24% and the S&P 500's loss of 2.43%.
Investors will be eagerly watching for the performance of Dutch Bros in its upcoming earnings disclosure. The company's earnings per share (EPS) are projected to be $0.23, reflecting a 21.05% increase from the same quarter last year. In the meantime, our current consensus estimate forecasts the revenue to be $551.13 million, indicating a 30.11% growth compared to the corresponding quarter of the prior year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $0.97 per share and revenue of $2.14 billion. These totals would mark changes of +27.63% and +30.54%, respectively, from last year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Dutch Bros. Such recent modifications usually signify the changing landscape of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. 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, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Right now, Dutch Bros possesses a Zacks Rank of #3 (Hold).
Looking at valuation, Dutch Bros is presently trading at a Forward P/E ratio of 43.18. For comparison, its industry has an average Forward P/E of 20.32, which means Dutch Bros is trading at a premium to the group.
We can also see that BROS currently has a PEG ratio of 1.34. 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. As the market closed yesterday, the Retail - Restaurants industry was having an average PEG ratio of 1.69.
The Retail - Restaurants industry is part of the Retail-Wholesale sector. At present, this industry carries a Zacks Industry Rank of 153, placing it within the bottom 38% of over 250 industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming 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.
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
Dutch Bros (BROS - Free Report) closed at $41.37 in the latest trading session, marking a -1.45% move from the prior day. This change lagged the S&P 500's daily loss of 0.45%. Meanwhile, the Dow experienced a drop of 1.21%, and the technology-dominated Nasdaq saw a decrease of 0.01%.
Heading into today, shares of the drive-thru coffee chain operator and franchisor had lost 13.34% over the past month, lagging the Retail-Wholesale sector's loss of 7.24% and the S&P 500's loss of 2.43%.
Investors will be eagerly watching for the performance of Dutch Bros in its upcoming earnings disclosure. The company's earnings per share (EPS) are projected to be $0.23, reflecting a 21.05% increase from the same quarter last year. In the meantime, our current consensus estimate forecasts the revenue to be $551.13 million, indicating a 30.11% growth compared to the corresponding quarter of the prior year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $0.97 per share and revenue of $2.14 billion. These totals would mark changes of +27.63% and +30.54%, respectively, from last year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Dutch Bros. Such recent modifications usually signify the changing landscape of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. 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, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Right now, Dutch Bros possesses a Zacks Rank of #3 (Hold).
Looking at valuation, Dutch Bros is presently trading at a Forward P/E ratio of 43.18. For comparison, its industry has an average Forward P/E of 20.32, which means Dutch Bros is trading at a premium to the group.
We can also see that BROS currently has a PEG ratio of 1.34. 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. As the market closed yesterday, the Retail - Restaurants industry was having an average PEG ratio of 1.69.
The Retail - Restaurants industry is part of the Retail-Wholesale sector. At present, this industry carries a Zacks Industry Rank of 153, placing it within the bottom 38% of over 250 industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming 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.