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Dutch Bros Inc. (BROS) Estimation And Forecast

Dutch Bros Inc. (NYSE:BROS) has seen 1.05 million shares traded in the last trading session. The company, currently valued at $5.61B, closed the last trade at $34.24 per share which meant it lost -$0.18 on the day or -0.52% during that session. The BROS stock price is -92.76% off its 52-week high price of $66.00 and 41.44% above the 52-week low of $20.05. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.32 million shares traded. The 3-month trading volume is 1.26 million shares.

The consensus among analysts is that Dutch Bros Inc. (BROS) is an Overweight stock at the moment, with a recommendation rating of 1.90. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 4 out of 10 have rated it as a Hold, with 6 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is $0.08.

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Dutch Bros Inc. (NYSE:BROS) trade information

Sporting -0.52% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on Tuesday, 01/24/23 when the BROS stock price touched $34.24 or saw a rise of 5.78%. Year-to-date, Dutch Bros Inc. shares have moved 21.46%, while the 5-day performance has seen it change -3.87%. Over the past 30 days, the shares of Dutch Bros Inc. (NYSE:BROS) have changed 13.45%. Short interest in the company has seen 7.05 million shares shorted with days to cover at 6.33.

Wall Street analysts have a consensus price target for the stock at $40.11, which means that the shares’ value could jump 14.63% from current levels. The projected low price target is $29.00 while the price target rests at a high of $53.00. In that case, then, we find that the current price level is -54.79% off the targeted high while a plunge would see the stock lose 15.3% from current levels.

Dutch Bros Inc. (BROS) estimates and forecasts

Figures show that Dutch Bros Inc. shares have underperformed across the wider relevant industry. The company’s shares have lost -5.52% over the past 6 months, with this year growth rate of -33.33%, compared to 2.70% for the industry. Other than that, the company has, however, lowered its growth outlook for the 2023 fiscal year revenue. Growth estimates for the current quarter are -65.20% and 250.00% for the next quarter. Revenue growth from the last financial year stood is estimated to be 45.50%.

10 analysts offering their estimates for the company have set an average revenue estimate of $194.75 million for the current quarter. 10 have an estimated revenue figure of $190.83 million for the next quarter concluding in Dec 2022. Year-ago sales stood $124.88 million and $140.08 million respectively for this quarter and the next, and analysts expect sales will grow by 55.90% for the current quarter and 36.20% for the next.

Earnings growth for 2023 is a modest -329.90% while over the next 5 years, the company’s earnings are expected to increase by 19.50%.

BROS Dividends

Dutch Bros Inc. is expected to release its next earnings report on November 09 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Dutch Bros Inc. (NYSE:BROS)’s Major holders

Insiders own 14.88% of the company shares, while shares held by institutions stand at 40.92% with a share float percentage of 48.08%. Investors are also buoyed by the number of investors in a company, with Dutch Bros Inc. having a total of 227 institutions that hold shares in the company. The top two institutional holders are Vanguard Group, Inc. (The) with over 2.79 million shares worth more than $88.28 million. As of Jun 29, 2022, Vanguard Group, Inc. (The) held 7.05% of shares outstanding.

The other major institutional holder is FMR, LLC, with the holding of over 1.76 million shares as of Jun 29, 2022. The firm’s total holdings are worth over $55.81 million and represent 4.46% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Vanguard Small-Cap Index Fund. As of Jun 29, 2022, the former fund manager holds about 2.50% shares in the company for having 0.99 million shares of worth $31.28 million while later fund manager owns 0.85 million shares of worth $26.85 million as of Jun 29, 2022, which makes it owner of about 2.14% of company’s outstanding stock.

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