Dutch Bros (NYSE:BROS) Shares Up 5.1% – Time to Buy?

Shares of Dutch Bros Inc. (NYSE:BROS) rose 5.1% during mid-day trading on Friday. The company traded as high as $35.31 and last traded at $35.4190. Approximately 3,681,185 shares were traded during mid-day trading, a decline of 16% from the average session volume of 4,406,697 shares. The stock had previously closed at $33.71.

Trending Headlines about Dutch Bros

These are some of the BROS headlines that stood out recently:

• Positive Sentiment: Dutch Bros plans to open 250 shops in 2027, aiming to extend its market reach and build on shop economics. The plan carries a risk that new locations could take sales from existing shops. Article: Can Dutch Bros’ 250-Shop Plan Deliver Growth Despite Cannibalization?
• Neutral Sentiment: Dutch Bros plans a second location in Springfield, adding to its store rollout, though the article provides no details on expected sales or timing. Article: Dutch Bros Coffee plans 2nd Springfield location
• Negative Sentiment: Zacks added BROS to its Rank #5 (Strong Sell) list, a bearish analyst signal that could pressure the stock. Article: New Strong Sell Stocks for November 13th

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on BROS shares. Stephens reduced their price objective on shares of Dutch Bros from $65.00 to $47.00 and set an “overweight” rating for the company in a report on Thursday, November 5th. Telsey Advisory Group decreased their target price on shares of Dutch Bros from $74.00 to $56.00 and set an “outperform” rating on the stock in a research report on Thursday, November 5th. Zacks Research cut shares of Dutch Bros from a “hold” rating to a “strong sell” rating in a research note on Thursday. Stifel Nicolaus started coverage on shares of Dutch Bros in a research report on Monday, November 9th. They issued a “buy” rating and a $48.00 price target for the company. Finally, Mizuho set a $55.00 price target on shares of Dutch Bros in a research report on Thursday, November 5th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $61.08.

Dutch Bros Stock Up 6.6%

The stock has a market capitalization of $6.28 billion, a price-to-earnings ratio of 46.09, a price-to-earnings-growth ratio of 1.14 and a beta of 1.97. The firm has a 50 day simple moving average of $40.17 and a 200-day simple moving average of $52.27. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.03 and a quick ratio of 0.88.

Dutch Bros (NYSE:BROS) last issued its earnings results on Wednesday, November 4th. The company reported $0.25 EPS for the quarter, beating the consensus estimate of $0.24 by $0.01. Dutch Bros had a net margin of 5.08% and a return on equity of 10.46%. The company had revenue of $549.84 million for the quarter, compared to the consensus estimate of $548.27 million. During the same quarter in the previous year, the company earned $0.19 EPS. The firm’s revenue for the quarter was up 29.8% compared to the same quarter last year. On average, sell-side analysts forecast that Dutch Bros Inc. will post 0.81 EPS for the current fiscal year.

Insider Transactions at Dutch Bros

In other news, major shareholder Dm Individual Aggregator, Llc sold 359,284 shares of the firm’s stock in a transaction that occurred on Wednesday, November 4th. The shares were sold at an average price of $44.73, for a total transaction of $16,070,773.32. Following the completion of the sale, the insider owned 1,366,580 shares of the company’s stock, valued at approximately $61,127,123.40. This trade represents a 20.82% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Chairman Travis Boersma sold 1,032,216 shares of the firm’s stock in a transaction that occurred on Wednesday, November 4th. The stock was sold at an average price of $44.73, for a total transaction of $46,171,021.68. Following the sale, the chairman directly owned 1,366,580 shares of the company’s stock, valued at approximately $61,127,123.40. The trade was a 43.03% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 4,044,220 shares of company stock worth $179,732,644. Company insiders own 38.90% of the company’s stock.

Institutional Investors Weigh In On Dutch Bros

A number of large investors have recently bought and sold shares of the business. Ancora Advisors LLC bought a new position in Dutch Bros in the 2nd quarter valued at $29,000. Archer Investment Corp bought a new stake in shares of Dutch Bros during the second quarter worth $101,000. Bessemer Group Inc. grew its holdings in shares of Dutch Bros by 243.8% during the third quarter. Bessemer Group Inc. now owns 1,420 shares of the company’s stock worth $56,000 after purchasing an additional 1,007 shares during the last quarter. GK Wealth Management LLC bought a new stake in shares of Dutch Bros during the third quarter worth $56,000. Finally, State of Wyoming acquired a new stake in shares of Dutch Bros in the third quarter valued at $66,000. 85.54% of the stock is currently owned by institutional investors.

Dutch Bros Company Profile

Dutch Bros Inc. is a drive-through beverage company that operates the Dutch Bros coffee shop brand. Founded in 1992 in Grants Pass, Oregon, by brothers Dane and Travis Boersma, the company began as a small coffee pushcart and has grown into a multistate U.S. chain. Dutch Bros has expanded from its roots in the western United States into additional regions across the country. Christine Barone serves as the company’s chief executive officer, and co-founder Travis Boersma is its executive chairman.