In recent trading session, Dutch Bros Inc (NYSE:BROS) saw 3.59 million shares changing hands at last check today with its beta currently measuring 2.45. Company’s recent per share price level of $33.68 trading at -$1.94 or -5.45% at last check today assigns it a market valuation of $2.72B. That most recent trading price of BROS’s stock is at a discount of -7.39% from its 52-week high price of $36.17 and is indicating a premium of 32.69% from its 52-week low price of $22.67. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 2.19 million shares which gives us an average trading volume of 1.87 million if we extend that period to 3-months.
Dutch Bros Inc (NYSE:BROS) trade information
Upright in the red during last session for losing -5.45%, in the last five days BROS remained trading in the red while hitting it’s week-highest on Thursday, 03/21/24 when the stock touched $33.68 price level, adding 6.88% to its value on the day. Dutch Bros Inc’s shares saw a change of 6.35% in year-to-date performance and have moved -0.77% in past 5-day. Dutch Bros Inc (NYSE:BROS) showed a performance of 22.92% in past 30-days. Number of shares sold short was 7.32 million shares which calculate 3.57 days to cover the short interests.
Dutch Bros Inc (BROS) estimates and forecasts
Statistics highlight that Dutch Bros Inc is scoring comparatively lower than the scores of other players of the relevant industry. The company added 40.33% of value to its shares in past 6 months, showing an annual growth rate of 13.33% while that of industry is 20.40. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 24.60% from the last financial year’s standing.
11 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $254.5 million for the same. And 11 analysts are in estimates of company making revenue of $312.96 million in the next quarter that will end on Jun 2024.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -53.03% during past 5 years. In 2024, company’s earnings growth rate is likely to be around 4.81% while estimates for its earnings growth in next 5 years are of 29.70%.
BROS Dividends
Dutch Bros Inc is more likely to be releasing its next quarterly report between May 07 and May 13 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
Dutch Bros Inc (NYSE:BROS)’s Major holders
Insiders are in possession of 14.70% of company’s total shares while institution are holding 69.86 percent of that, with stock having share float percentage of 81.90%. Investors also watch the number of corporate investors in a company very closely, which is 69.86% institutions for Dutch Bros Inc that are currently holding shares of the company. TSG Consumer Partners LP is the top institutional holder at BROS for having 46.55 million shares of worth $1.55 billion. And as of Dec 30, 2023, it was holding 65.99% of the company’s outstanding shares.
The second largest institutional holder is FMR, LLC, which was holding about 7.82 million shares on Dec 30, 2023. The number of shares represents firm’s hold over 11.08% of outstanding shares, having a total worth of $260.5 million.
On the other hand, Vanguard Total Stock Market Index Fund and Vanguard Small-Cap Index Fund are the top two Mutual Funds which own company’s shares. As of Dec 30, 2023, the former fund manager was holding 1.61 million shares of worth $53.68 million or 2.28% of the total outstanding shares. The later fund manager was in possession of 1.36 million shares on Dec 30, 2023, making its stake of worth around $45.4 million in the company or a holder of 1.93% of company’s stock.
