Dutch Bros Inc. (NYSE:BROS) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Dutch Bros Inc. (NYSE:BROS) have earned an average rating of “Moderate Buy” from the nine research firms that are currently covering the stock, Marketbeat.com reports. Four equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $34.44.

BROS has been the topic of several analyst reports. Barclays decreased their price target on Dutch Bros from $31.00 to $30.00 and set an “equal weight” rating on the stock in a research report on Thursday, February 22nd. Stifel Nicolaus reiterated a “buy” rating and set a $40.00 price target on shares of Dutch Bros in a research report on Wednesday, April 3rd. Guggenheim restated a “neutral” rating and issued a $30.00 price objective on shares of Dutch Bros in a research report on Friday, April 5th. Wedbush restated an “outperform” rating and issued a $37.00 price objective on shares of Dutch Bros in a research report on Wednesday, April 10th. Finally, JPMorgan Chase & Co. upped their price objective on shares of Dutch Bros from $34.00 to $40.00 and gave the stock an “overweight” rating in a research report on Tuesday, March 19th.

Dutch Bros Trading Down 1.0 %

Shares of BROS opened at $28.59 on Tuesday. The business’s 50-day moving average price is $31.25 and its 200-day moving average price is $29.00. Dutch Bros has a twelve month low of $22.67 and a twelve month high of $36.17. The stock has a market cap of $5.06 billion, a PE ratio of 953.00, a P/E/G ratio of 4.48 and a beta of 2.41. The company has a quick ratio of 1.15, a current ratio of 1.49 and a debt-to-equity ratio of 0.68.

Dutch Bros (NYSE:BROS) last announced its quarterly earnings results on Wednesday, February 21st. The company reported ($0.01) earnings per share for the quarter, beating the consensus estimate of ($0.04) by $0.03. Dutch Bros had a negative return on equity of 0.54% and a net margin of 0.18%. The firm had revenue of $254.12 million for the quarter, compared to analysts’ expectations of $254.80 million. On average, equities analysts forecast that Dutch Bros will post 0.26 EPS for the current fiscal year.

Insider Buying and Selling

In other Dutch Bros news, major shareholder Dm Individual Aggregator, Llc sold 202,503 shares of the stock in a transaction that occurred on Thursday, February 22nd. The shares were sold at an average price of $28.06, for a total transaction of $5,682,234.18. Following the transaction, the insider now directly owns 1,378,683 shares in the company, valued at $38,685,844.98. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other Dutch Bros news, major shareholder Dm Individual Aggregator, Llc sold 202,503 shares of the stock in a transaction that occurred on Thursday, February 22nd. The shares were sold at an average price of $28.06, for a total transaction of $5,682,234.18. Following the transaction, the insider now directly owns 1,378,683 shares in the company, valued at $38,685,844.98. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO Brian Maxwell sold 1,474 shares of the stock in a transaction that occurred on Thursday, March 14th. The shares were sold at an average price of $35.00, for a total transaction of $51,590.00. Following the transaction, the chief operating officer now owns 1,039,646 shares in the company, valued at $36,387,610. The disclosure for this sale can be found here. Over the last three months, insiders have sold 17,907,188 shares of company stock worth $561,438,392. Insiders own 46.50% of the company’s stock.

Institutional Trading of Dutch Bros

A number of institutional investors have recently made changes to their positions in BROS. FMR LLC boosted its stake in shares of Dutch Bros by 42.9% during the third quarter. FMR LLC now owns 8,581,751 shares of the company’s stock valued at $199,526,000 after purchasing an additional 2,578,145 shares during the period. Wasatch Advisors LP purchased a new stake in shares of Dutch Bros during the first quarter valued at approximately $41,988,000. Vanguard Group Inc. boosted its stake in shares of Dutch Bros by 32.1% during the third quarter. Vanguard Group Inc. now owns 4,614,550 shares of the company’s stock valued at $107,288,000 after purchasing an additional 1,120,908 shares during the period. American Century Companies Inc. boosted its stake in shares of Dutch Bros by 191.7% during the third quarter. American Century Companies Inc. now owns 1,177,148 shares of the company’s stock valued at $27,369,000 after purchasing an additional 773,616 shares during the period. Finally, Invesco Ltd. purchased a new stake in shares of Dutch Bros during the third quarter valued at approximately $11,549,000. Hedge funds and other institutional investors own 85.54% of the company’s stock.

Dutch Bros Company Profile

Dutch Bros Inc, together with its subsidiaries, operates and franchises drive-thru shops in the United States. The company operates through Company-Operated Shops and Franchising and Other segments. It serves through company-operated shops and online channels under Dutch Bros; Dutch Bros Coffee; Dutch Bros Rebel; Dutch Bros; and Blue Rebel brands.