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Dutch Bros (BROS) Suffers a Larger Drop Than the General Market: Key Insights
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In the latest close session, Dutch Bros (BROS - Free Report) was down 2.02% at $37.28. This move lagged the S&P 500's daily loss of 0.06%. Elsewhere, the Dow gained 0.38%, while the tech-heavy Nasdaq lost 0.44%.
The stock of drive-thru coffee chain operator and franchisor has fallen by 13.33% in the past month, lagging the Retail-Wholesale sector's gain of 1.66% and the S&P 500's gain of 2.36%.
The upcoming earnings release of Dutch Bros will be of great interest to investors. On that day, Dutch Bros is projected to report earnings of $0.24 per share, which would represent year-over-year growth of 26.32%. Our most recent consensus estimate is calling for quarterly revenue of $550.38 million, up 29.94% from the year-ago period.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $0.98 per share and a revenue of $2.14 billion, representing changes of +28.95% and +30.44%, respectively, from the prior year.
Investors might also notice recent changes to analyst estimates for Dutch Bros. These recent revisions tend to reflect the evolving nature of short-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.86% upward. Dutch Bros presently features a Zacks Rank of #3 (Hold).
In the context of valuation, Dutch Bros is at present trading with a Forward P/E ratio of 38.87. This expresses a premium compared to the average Forward P/E of 19.88 of its industry.
It's also important to note that BROS currently trades at a PEG ratio of 1.21. 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 average PEG ratio for the Retail - Restaurants industry stood at 1.77 at the close of the market yesterday.
The Retail - Restaurants industry is part of the Retail-Wholesale sector. At present, this industry carries a Zacks Industry Rank of 102, placing it within the top 42% 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.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
View the Zacks #1 Rank List
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Dutch Bros (BROS) Suffers a Larger Drop Than the General Market: Key Insights
In the latest close session, Dutch Bros (BROS - Free Report) was down 2.02% at $37.28. This move lagged the S&P 500's daily loss of 0.06%. Elsewhere, the Dow gained 0.38%, while the tech-heavy Nasdaq lost 0.44%.
The stock of drive-thru coffee chain operator and franchisor has fallen by 13.33% in the past month, lagging the Retail-Wholesale sector's gain of 1.66% and the S&P 500's gain of 2.36%.
The upcoming earnings release of Dutch Bros will be of great interest to investors. On that day, Dutch Bros is projected to report earnings of $0.24 per share, which would represent year-over-year growth of 26.32%. Our most recent consensus estimate is calling for quarterly revenue of $550.38 million, up 29.94% from the year-ago period.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $0.98 per share and a revenue of $2.14 billion, representing changes of +28.95% and +30.44%, respectively, from the prior year.
Investors might also notice recent changes to analyst estimates for Dutch Bros. These recent revisions tend to reflect the evolving nature of short-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.86% upward. Dutch Bros presently features a Zacks Rank of #3 (Hold).
In the context of valuation, Dutch Bros is at present trading with a Forward P/E ratio of 38.87. This expresses a premium compared to the average Forward P/E of 19.88 of its industry.
It's also important to note that BROS currently trades at a PEG ratio of 1.21. 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 average PEG ratio for the Retail - Restaurants industry stood at 1.77 at the close of the market yesterday.
The Retail - Restaurants industry is part of the Retail-Wholesale sector. At present, this industry carries a Zacks Industry Rank of 102, placing it within the top 42% 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.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.