Dutch Bros Inc. (BROS) Performance and Fundamentals Dashboard tells a completely different story

With 0.85 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.04 million shares. During the session, the Restaurants company that operates in wider Consumer Cyclical sector, reached to the highest price of $25.87 whereas the lowest price it dropped to was $25.17. The 52-week range on BROS shows that it touched its highest point at $41.44 and its lowest point at $24.64 during that stretch. It currently has a 1-year price target of $35.20. Beta for the stock currently stands at 2.53.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of BROS was down-trending over the past week, with a drop of -5.61%, but this was down by -16.92% over a month. Three-month performance dropped to -9.15% while six-month performance fell -12.76%. The stock lost -28.02% in the past year, while it has lost -9.79% so far this year. A look at the trailing 12-month EPS for BROS yields 0.00 with Next year EPS estimates of 0.28. For the next quarter, that number is 0.07. This implies an EPS growth rate of 66.90% for this year and 36.63% for next year.

Float and Shares Shorts:

At present, 56.73 million BROS shares are outstanding with a float of 53.14 million shares on hand for trading. On Aug 30, 2023, short shares totaled 7.99 million, which was 13.76% higher than short shares on Jul 30, 2023. In addition to Mr. Travis Boersma as the firm’s Co-Founder & Exec. Chairman, Mr. Jonathan J. Ricci serves as its CEO & Director.

Institutional Ownership:

Through their ownership of 58.74% of BROS’s outstanding shares, institutional investors have majority control over the company. Other institutions hold 7.94% of BROS, in contrast to 33.97% held by mutual funds. Shares owned by individuals account for 11.04%. As the largest shareholder in BROS with 13.14% of the stake, Fidelity Management & Research Co holds 6,002,922 shares worth 6,002,922. A second-largest stockholder of BROS, The Vanguard Group, Inc., holds 3,454,869 shares, controlling over 7.56% of the firm’s shares. ClearBridge Investments LLC is the third largest shareholder in BROS, holding 867,757 shares or 1.90% stake. With a 6.52% stake in BROS, the Fidelity Global Innovators Invest is the largest stakeholder. A total of 2,976,128 shares are owned by the mutual fund manager. The Fidelity Global Innovators Class, which owns about 4.61% of BROS stock, is the second-largest Mutual Fund holder. It holds 2,104,050 shares valued at 62.3 million. Fidelity Canadian Growth Company holds 4.05% of the stake in BROS, owning 1,851,622 shares worth 54.83 million.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for BROS since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential. With BROS analysts setting a high price target of $48.00 and a low target of $30.00, the average target price over the next 12 months is $35.18. Based on these targets, BROS could surge 88.75% to reach the target high and rise by 17.97% to reach the target low. Reaching the average price target will result in a growth of 38.34% from current levels.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy.

Summary of Insider Activity:

Insiders traded BROS stock several times over the past three months with 1 Buys and 2 Sells. In these transactions, 739 shares were bought while 80,000 shares were sold. The number of buy transactions has increased to 25 while that of sell transactions has risen to 8 over the past year. The total number of shares bought during that period was 1,168,844 while 1,297,428 shares were sold.