Dutch Bros Inc (BROS) concluded trading on Thursday at a closing price of $56.31, with 3.6 million shares of worth about $202.96 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 35.62% during that period and on Thursday the price saw a gain of about 7.50%. Currently the company’s common shares owned by public are about 113.82M shares, out of which, 110.41M shares are available for trading.
Stock saw a price change of 2.74% in past 5 days and over the past one month there was a price change of 3.32%. Year-to-date (YTD), BROS shares are showing a performance of 7.50% which increased to 81.29% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $25.46 but also hit the highest price of $56.10 during that period. The average intraday trading volume for Dutch Bros Inc shares is 2.70 million. The stock is currently trading 5.37% above its 20-day simple moving average (SMA20), while that difference is up 18.02% for SMA50 and it goes to 48.77% higher than SMA200.
Dutch Bros Inc (NYSE: BROS) currently have 113.82M outstanding shares and institutions hold larger chunk of about 86.18% of that.
The stock has a current market capitalization of $8.68B and its 3Y-monthly beta is at 2.72. PE ratio of stock for trailing 12 months is 191.92, while it has posted earnings per share of $0.29 in the same period. Its PEG reads 5.46 and has Quick Ratio of 1.68 while making debt-to-equity ratio of 1.78. 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 4.34% while standing at 3.95% over the month.
Stock’s fiscal year EPS is expected to rise by 49.10% while it is estimated to increase by 22.26% in next year. EPS is likely to grow at an annualized rate of 35.15% 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 Piper Sandler on August 19, 2024 offering a Neutral rating for the stock and assigned a target price range of between $41 and $36 to it. Coverage by UBS stated Dutch Bros Inc (BROS) stock as a Buy in their note to investors on August 15, 2024, suggesting a price target of $39 for the stock. On August 08, 2024, Guggenheim Upgrade their recommendations, while on August 08, 2024, TD Cowen Reiterated their ratings for the stock with a price target of $47. Stock get a Buy rating from TD Cowen on May 10, 2024.
