Dutch Bros Inc (BROS) concluded trading on Thursday at a closing price of $38.66, with 5.54 million shares of worth about $214.15 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 37.53% during that period and on July 18, 2024 the price saw a loss of about -3.95%. Currently the company’s common shares owned by public are about 107.29M shares, out of which, 99.99M shares are available for trading.
Stock saw a price change of -3.54% in past 5 days and over the past one month there was a price change of -1.68%. Year-to-date (YTD), BROS shares are showing a performance of 22.07% which increased to 33.45% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $22.67 but also hit the highest price of $43.49 during that period. The average intraday trading volume for Dutch Bros Inc shares is 3.09 million. The stock is currently trading -5.54% below its 20-day simple moving average (SMA20), while that difference is up 1.73% for SMA50 and it goes to 24.71% higher than SMA200.
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Dutch Bros Inc (NYSE: BROS) currently have 107.29M outstanding shares and institutions hold larger chunk of about 57.81% of that.
The stock has a current market capitalization of $4.15B and its 3Y-monthly beta is at 2.53. PE ratio of stock for trailing 12 months is 210.22, while it has posted earnings per share of $0.18 in the same period. Its PEG reads 8.15 and has Quick Ratio of 1.98 while making debt-to-equity ratio of 2.07. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for BROS, volatility over the week remained 6.00% while standing at 4.42% over the month.
Stock’s fiscal year EPS is expected to rise by 20.61% while it is estimated to increase by 25.80% in next year. EPS is likely to grow at an annualized rate of 25.80% for next 5-years, compared to annual growth of -53.03% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by TD Cowen on May 10, 2024 offering a Buy rating for the stock and assigned a target price range of between $33 and $46 to it. Coverage by Piper Sandler stated Dutch Bros Inc (BROS) stock as an Overweight in their note to investors on March 04, 2024, suggesting a price target of $37 for the stock. On February 22, 2024, Stifel Reiterated their recommendations, while on January 16, 2024, Stifel Upgrade their ratings for the stock with a price target of $35. Stock get an Overweight rating from JP Morgan on November 20, 2023.
