Streetbeat News

BROS

Dutch Bros Inc.

https://www.dutchbros.com

Industry

Restaurants

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. Dutch Bros Inc. was founded in 1992 and is headquartered in Grants Pass, Oregon.

Open

60.82

Mkt cap

9.6B

Volume

1.9M

High

62.53

P/E Ratio

183.76

52-wk high

86.88

Low

60.37

Div yield

N/A

52-wk low

26.85

Dutch Bros Inc. (BROS) reported Q4 2023 adjusted earnings per share (EPS) of $0.04, surpassing the $0.02 estimate, marking a 100% beat and a 33.33% increase from the previous year's $0.03 EPS. Sales reached $254.12M, exceeding the $252.75M estimate by 0.54% and showing a 25.91% increase from the previous year's $201.83M.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 9:26 pm

The article lists companies scheduled to report their earnings on February 21, 2024, including their expected earnings per share and revenue. It covers a wide range of industries and includes both companies expected to report profits and losses.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 10:09 am

Dutch Bros (NYSE:BROS) is scheduled to release its quarterly earnings report on February 21, 2024, with analysts estimating an EPS of $0.02. The company's past earnings performance shows a mix of beats and misses, with share price reactions varying accordingly. Shares are currently trading at $27.4, down 27.98% over the last 52 weeks, indicating a bearish sentiment among long-term shareholders.

Portfolio Pulse from Benzinga Insights

February 20, 2024 | 3:01 pm

Jim Cramer discussed various stocks on CNBC's 'Mad Money Lightning Round,' offering mixed recommendations. He advised waiting on DICK'S Sporting Goods due to its parabolic move, praised Iron Mountain and Toyota for their potential despite recent price movements, and criticized Rockwell Automation for a poor quarterly report. Cramer was hesitant about Joby Aviation's distance from profitability and Palantir Technologies' recent surge, while expressing a need for a good quarter from Dutch Bros and recommending Sempra for its yield and growth potential. Analysts and company announcements provided additional context for these evaluations.

Portfolio Pulse from Avi Kapoor

February 14, 2024 | 2:06 pm

Dutch Bros (NYSE:BROS) has seen a decrease in short interest, with the short percent of float dropping 9.59% since the last report. The company has 7.70 million shares sold short, representing 13.2% of available shares for trading. The average time to cover these short positions is 4.83 days. While a decrease in short interest can indicate a more bullish sentiment, it does not necessarily predict a near-term rise in stock price. Dutch Bros has a higher short interest than its peer group average of 8.23%.

Portfolio Pulse from Benzinga Insights

January 19, 2024 | 8:45 pm

Dutch Bros Inc. (NYSE:BROS) announced plans to expand its operations support center in Phoenix, Arizona, with the intention to relocate approximately 40% of its total support staff there by January 1, 2025. The move is strategic, aiming to strengthen the company's operations as it targets a long-term goal of over 4,000 shops. CEO Christine Barone highlighted the importance of relationships and connectivity for the brand's growth. The company will provide more details in its Q4 and Full-Year 2023 earnings call. Despite the expansion, Dutch Bros will maintain a significant presence in Grants Pass, Oregon, including its roasting facility and several support operations.

Portfolio Pulse from Benzinga Newsdesk

January 17, 2024 | 9:15 pm

Stifel analyst Chris O'Cull upgraded Dutch Bros Inc (NYSE:BROS) from Hold to Buy and increased the price target from $32 to $35, citing positive management changes, a solid transition plan, and effective digital marketing strategies. The company's adjustments to its Dutch Rewards program and product innovations, including the recent launch of Protein Coffee, are expected to drive long-term growth and improve new store volumes while reducing sales cannibalization.

Portfolio Pulse from Shivani Kumaresan

January 16, 2024 | 9:22 pm

Seven analysts have recently reviewed Dutch Bros (NYSE:BROS), with a mix of bullish and bearish sentiments. The average 12-month price target is $32.86, up from the previous $31.86. Analysts from firms like Stifel, Barclays, Wedbush, and JP Morgan have adjusted their ratings and price targets, reflecting their views on the company's market performance. Dutch Bros has shown strong revenue growth but has below-average net margin, ROE, and ROA, with a conservative debt-to-equity ratio. Analyst ratings are important as they are based on future earnings predictions and company performance analysis.

Portfolio Pulse from Benzinga Insights

January 16, 2024 | 1:00 pm

Stifel analyst Chris O'Cull has upgraded Dutch Bros (NYSE:BROS) from Hold to Buy and increased the price target from $32 to $35, indicating a positive outlook for the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 11:07 am

Jim Cramer shared his opinions on several stocks during CNBC's 'Mad Money Lightning Round.' He praised Franco-Nevada Corporation (FNV) as a great way to own gold and expressed a personal preference for Barrick Gold Corporation (GOLD). Cramer recommended buying Plains GP Holdings (PAGP) for its dividend but then selling it. He reiterated support for Uranium Energy Corp. (UEC) as a profitable pure play uranium company. Cramer was disappointed with Dutch Bros Inc. (BROS) for their rapid expansion and advised them to slow down. He complimented Ryanair Holdings (RYAAY) as well-run, criticized Paramount Global's (PARA) balance sheet, called Exelixis, Inc. (EXEL) a good speculative investment, and suggested that United Natural Foods, Inc. (UNFI) is not going to improve soon. The article also reported the recent price actions of these stocks.

Portfolio Pulse from Avi Kapoor

January 12, 2024 | 1:47 pm

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