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Dutch Bros (BROS) Stock Sinks As Market Gains: What You Should Know
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Dutch Bros (BROS - Free Report) closed at $37.89 in the latest trading session, marking a -1.61% move from the prior day. The stock's performance was behind the S&P 500's daily gain of 0.51%. On the other hand, the Dow registered a gain of 0.93%, and the technology-centric Nasdaq increased by 0.48%.
Shares of the drive-thru coffee chain operator and franchisor have depreciated by 24.06% over the course of the past month, underperforming the Retail-Wholesale sector's loss of 6.89%, and the S&P 500's gain of 0.74%.
The investment community will be closely monitoring the performance of Dutch Bros in its forthcoming earnings report. The company is forecasted to report an EPS of $0.23, showcasing a 21.05% upward movement from the corresponding quarter of the prior year. Our most recent consensus estimate is calling for quarterly revenue of $550.94 million, up 30.07% from the year-ago period.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $0.97 per share and a revenue of $2.14 billion, representing changes of +27.63% and +30.54%, respectively, from the prior year.
Investors should also pay attention to any latest changes in analyst estimates for Dutch Bros. These revisions help to show the ever-changing nature of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. 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, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.11% higher. Currently, Dutch Bros is carrying a Zacks Rank of #3 (Hold).
In the context of valuation, Dutch Bros is at present trading with a Forward P/E ratio of 39.58. This denotes a premium relative to the industry average Forward P/E of 20.49.
It's also important to note that BROS currently trades at a PEG ratio of 1.23. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The Retail - Restaurants industry had an average PEG ratio of 1.79 as trading concluded yesterday.
The Retail - Restaurants industry is part of the Retail-Wholesale sector. Currently, this industry holds a Zacks Industry Rank of 159, positioning it in the bottom 36% of all 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.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
View the Zacks #1 Rank List
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Dutch Bros (BROS) Stock Sinks As Market Gains: What You Should Know
Dutch Bros (BROS - Free Report) closed at $37.89 in the latest trading session, marking a -1.61% move from the prior day. The stock's performance was behind the S&P 500's daily gain of 0.51%. On the other hand, the Dow registered a gain of 0.93%, and the technology-centric Nasdaq increased by 0.48%.
Shares of the drive-thru coffee chain operator and franchisor have depreciated by 24.06% over the course of the past month, underperforming the Retail-Wholesale sector's loss of 6.89%, and the S&P 500's gain of 0.74%.
The investment community will be closely monitoring the performance of Dutch Bros in its forthcoming earnings report. The company is forecasted to report an EPS of $0.23, showcasing a 21.05% upward movement from the corresponding quarter of the prior year. Our most recent consensus estimate is calling for quarterly revenue of $550.94 million, up 30.07% from the year-ago period.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $0.97 per share and a revenue of $2.14 billion, representing changes of +27.63% and +30.54%, respectively, from the prior year.
Investors should also pay attention to any latest changes in analyst estimates for Dutch Bros. These revisions help to show the ever-changing nature of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. 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, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.11% higher. Currently, Dutch Bros is carrying a Zacks Rank of #3 (Hold).
In the context of valuation, Dutch Bros is at present trading with a Forward P/E ratio of 39.58. This denotes a premium relative to the industry average Forward P/E of 20.49.
It's also important to note that BROS currently trades at a PEG ratio of 1.23. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The Retail - Restaurants industry had an average PEG ratio of 1.79 as trading concluded yesterday.
The Retail - Restaurants industry is part of the Retail-Wholesale sector. Currently, this industry holds a Zacks Industry Rank of 159, positioning it in the bottom 36% of all 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.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.