Dutch Bros (NYSE:BROS) Upgraded by Freedom Capital to Strong-Buy Rating

Freedom Capital upgraded shares of Dutch Bros (NYSE:BROS) to a strong-buy rating in a report released on Wednesday,Zacks.com reports.

BROS has been the topic of a number of other research reports. Barclays decreased their target price on shares of Dutch Bros from $76.00 to $75.00 and set an “overweight” rating on the stock in a research note on Thursday, May 7th. DA Davidson increased their price objective on shares of Dutch Bros from $75.00 to $90.00 and gave the stock a “buy” rating in a research note on Monday, June 22nd. BNP Paribas Exane initiated coverage on shares of Dutch Bros in a research report on Monday, March 30th. They set an “outperform” rating and a $73.00 price objective on the stock. Oppenheimer lifted their target price on shares of Dutch Bros from $72.00 to $82.00 and gave the company an “outperform” rating in a research note on Tuesday. Finally, Wolfe Research assumed coverage on shares of Dutch Bros in a report on Monday, March 9th. They issued an “outperform” rating and a $77.00 target price for the company. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $77.33.

Dutch Bros Price Performance

NYSE BROS opened at $72.17 on Wednesday. The company has a market capitalization of $12.61 billion, a PE ratio of 112.78, a price-to-earnings-growth ratio of 2.37 and a beta of 2.31. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.19 and a current ratio of 1.33. The business’s fifty day moving average is $59.40 and its 200 day moving average is $57.04. Dutch Bros has a fifty-two week low of $44.58 and a fifty-two week high of $74.65.

Dutch Bros (NYSE:BROS) last issued its quarterly earnings results on Wednesday, May 6th. The company reported $0.16 EPS for the quarter, hitting analysts’ consensus estimates of $0.16. Dutch Bros had a return on equity of 9.42% and a net margin of 4.61%.The business had revenue of $464.41 million during the quarter, compared to analysts’ expectations of $449.69 million. During the same quarter in the prior year, the business posted $0.14 earnings per share. The business’s quarterly revenue was up 30.7% on a year-over-year basis. Sell-side analysts predict that Dutch Bros will post 0.84 earnings per share for the current year.

Insider Activity at Dutch Bros

In other Dutch Bros news, Chairman Travis Boersma sold 750,000 shares of the stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $63.02, for a total transaction of $47,265,000.00. Following the completion of the sale, the chairman directly owned 2,410,800 shares of the company’s stock, valued at $151,928,616. This trade represents a 23.73% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder Dm Individual Aggregator, Llc sold 261,055 shares of Dutch Bros stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $63.02, for a total transaction of $16,451,686.10. Following the sale, the insider owned 2,410,800 shares in the company, valued at approximately $151,928,616. The trade was a 9.77% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 4,086,245 shares of company stock valued at $243,021,771 over the last 90 days. 38.90% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Osterweis Capital Management Inc. purchased a new stake in shares of Dutch Bros in the second quarter worth about $27,000. Brown Lisle Cummings Inc. bought a new position in Dutch Bros during the fourth quarter valued at approximately $31,000. Rakuten Securities Inc. grew its holdings in Dutch Bros by 557.4% during the 2nd quarter. Rakuten Securities Inc. now owns 447 shares of the company’s stock valued at $31,000 after buying an additional 379 shares in the last quarter. Ankerstar Wealth LLC purchased a new position in Dutch Bros during the 4th quarter valued at approximately $31,000. Finally, Quarry LP increased its stake in Dutch Bros by 83.5% in the 4th quarter. Quarry LP now owns 600 shares of the company’s stock worth $37,000 after acquiring an additional 273 shares during the last quarter. Hedge funds and other institutional investors own 85.54% of the company’s stock.

More Dutch Bros News

Here are the key news stories impacting Dutch Bros this week:

• Positive Sentiment: Freedom Capital Markets issued a new bullish view on Dutch Bros (BROS), adding to the stock’s positive analyst momentum and reinforcing optimism around the company’s growth story. Dutch Bros Inc (BROS) Receives a New Rating from Freedom Capital Markets
• Positive Sentiment: Another report highlighted a buy rating for Dutch Bros as its food rollout comes into focus, suggesting investors see potential upside from expanding the menu beyond drinks. Dutch Bros (BROS) Gets A Buy Rating As Food Rollout Comes Into Focus
• Positive Sentiment: Analysts continue to describe Dutch Bros (BROS) as a “moderate buy,” reflecting broadly favorable sentiment around the company’s growth prospects and store expansion strategy. Dutch Bros Inc. (NYSE:BROS) Receives Consensus Rating of “Moderate Buy” from Analysts
• Neutral Sentiment: The company is also being watched for a new $1.3 million project at a Harbour Village shopping center, which points to ongoing unit expansion but does not yet signal a major financial catalyst. Dutch Bros Coffee in review for $1.3 million project in Harbour Village shopping center
• Neutral Sentiment: Dutch Bros also brought back its seasonal Firecracker Rebel beverage for summer, a marketing and traffic driver that may support same-store sales but is unlikely to move the stock on its own. Dutch Bros Brings Back the Firecracker Rebel for Summer
• Neutral Sentiment: Several articles revisited the stock’s recent surge and long-term growth thesis, including commentary on loyalty-driven traffic, store-count expansion, and a possible short squeeze, which helps explain the strong momentum but adds little new company-specific news. How Dutch Bros Stock Gained 23.8% Last Month

About Dutch Bros

Dutch Bros Coffee, trading on the NYSE under the ticker BROS, is an American drive-through coffee chain known for its quick-service model and community-focused brand. Founded in 1992 by brothers Dane and Travis Boersma in Grants Pass, Oregon, the company began as a single coffee stand and has since expanded its footprint across numerous U.S. markets. Dutch Bros specializes in handcrafted espresso drinks, drip coffee, cold brew, energy drinks, smoothies, teas, and a variety of signature “Dutch Freeze” and “Dutch Frost” blended beverages.

The company operates a mix of company-owned and franchised locations, placing a strong emphasis on speed and customer engagement.