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Dutch Bros (BROS) Exceeds Market Returns: Some Facts to Consider
Dutch BrosDutch Bros(US:BROS) ZACKSยท2024-10-16 23:05

Company Performance - Dutch Bros (BROS) ended the recent trading session at $34.86, showing a +1.93% increase from the previous day's closing price, outperforming the S&P 500's daily gain of 0.47% [1] - Over the past month, shares of Dutch Bros have decreased by 1.41%, lagging behind the Retail-Wholesale sector's gain of 3.09% and the S&P 500's gain of 3.48% [2] Earnings Estimates - The upcoming earnings release for Dutch Bros is projected to show earnings per share (EPS) of $0.11, reflecting a 21.43% decrease from the same quarter last year, while revenue is expected to be $324.45 million, indicating a 22.66% growth compared to the corresponding quarter of the prior year [3] - For the full year, analysts expect earnings of $0.39 per share and revenue of $1.23 billion, marking changes of +30% and +27.1%, respectively, from last year [4] Analyst Estimates and Rankings - Recent changes to analyst estimates for Dutch Bros suggest a positive outlook, as these adjustments often reflect shifting short-term business dynamics [5] - The Zacks Rank system, which evaluates stocks based on estimate changes, currently ranks Dutch Bros at 3 (Hold), with a 1.04% rise in the Zacks Consensus EPS estimate over the past month [6][7] Valuation Metrics - Dutch Bros is currently trading at a Forward P/E ratio of 86.74, which is significantly higher than the industry average Forward P/E of 22.7 [8] - The company has a PEG ratio of 2.29, compared to the Retail - Restaurants industry's average PEG ratio of 2.12 [9] Industry Context - The Retail - Restaurants industry, part of the Retail-Wholesale sector, has a Zacks Industry Rank of 148, placing it in the bottom 42% of all industries [10]