Dutch Bros Inc. (NYSE:BROS) Stock Rated “Moderate Buy” by Wall Street Brokerages

Shares of Dutch Bros Inc. (NYSE:BROS) have been given a consensus rating of “Moderate Buy” by the twenty-seven brokerages that are currently covering the stock, MarketBeat reports. Four investment analysts have rated the stock with a hold recommendation, twenty-one have assigned a buy recommendation and two have given a strong buy recommendation to the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $61.08.

BROS has been the subject of several research analyst reports. KeyCorp decreased their target price on Dutch Bros from $59.00 to $52.00 and set an “overweight” rating for the company in a research report on Thursday, November 5th. Citigroup reduced their target price on shares of Dutch Bros from $69.00 to $64.00 and set a “buy” rating on the stock in a research report on Friday, November 6th. Seaport Research Partners started coverage on shares of Dutch Bros in a research note on Wednesday, September 16th. They set a “buy” rating and a $50.00 price target for the company. Wall Street Zen lowered Dutch Bros from a “hold” rating to a “sell” rating in a report on Saturday. Finally, Mizuho set a $55.00 price objective on Dutch Bros in a research note on Thursday, November 5th.

Dutch Bros Price Performance

Dutch Bros stock opened at $35.22 on Wednesday. The firm has a market capitalization of $6.15 billion, a PE ratio of 48.01, a price-to-earnings-growth ratio of 1.14 and a beta of 1.97. Dutch Bros has a 12-month low of $33.17 and a 12-month high of $74.02. The firm has a 50-day moving average price of $40.89 and a 200-day moving average price of $52.63. The company has a current ratio of 1.03, a quick ratio of 0.88 and a debt-to-equity ratio of 0.19.

Dutch Bros (NYSE:BROS) last posted its quarterly earnings data on Wednesday, November 4th. The company reported $0.25 earnings per share for the quarter, topping analysts’ consensus estimates 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 analyst estimates of $548.27 million. During the same period in the prior year, the company posted $0.19 EPS. The firm’s revenue for the quarter was up 29.8% on a year-over-year basis. As a group, equities research analysts forecast that Dutch Bros will post 0.86 EPS for the current year.

Insider Transactions at Dutch Bros

In other Dutch Bros news, major shareholder Dm Individual Aggregator, Llc sold 359,284 shares of the firm’s stock in a transaction dated 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 transaction, 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 position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Chairman Travis Boersma sold 1,032,216 shares of the business’s stock in a transaction dated Wednesday, November 4th. The shares were sold at an average price of $44.73, for a total transaction of $46,171,021.68. Following the completion of the sale, the chairman owned 1,366,580 shares of the company’s stock, valued at approximately $61,127,123.40. This represents 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 ninety days, insiders sold 4,044,220 shares of company stock valued at $179,732,644. 38.90% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in BROS. Wellington Management Group LLP grew its stake in Dutch Bros by 38.0% during the 2nd quarter. Wellington Management Group LLP now owns 3,090,882 shares of the company’s stock valued at $221,956,000 after purchasing an additional 851,075 shares during the last quarter. Stephens Investment Management Group LLC lifted its holdings in shares of Dutch Bros by 74.9% in the 3rd quarter. Stephens Investment Management Group LLC now owns 1,634,512 shares of the company’s stock valued at $63,027,000 after buying an additional 700,008 shares during the period. Danica Pension Livsforsikringsaktieselskab acquired a new position in shares of Dutch Bros in the 1st quarter valued at about $33,569,000. Hyperion Asset Management Ltd boosted its stake in shares of Dutch Bros by 104.4% in the third quarter. Hyperion Asset Management Ltd now owns 1,222,532 shares of the company’s stock worth $47,141,000 after buying an additional 624,488 shares during the last quarter. Finally, Bank of America Corp DE boosted its stake in shares of Dutch Bros by 33.4% in the first quarter. Bank of America Corp DE now owns 1,814,815 shares of the company’s stock worth $91,939,000 after buying an additional 454,036 shares during the last quarter. 85.54% of the stock is owned by institutional investors.

Key Dutch Bros News

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

• Positive Sentiment: Dutch Bros is reported to be preparing for substantial store growth, with an article citing 250 planned openings. A larger footprint could support future sales, though the timing and financial contribution were not detailed in the headline. Article: Dutch Bros set to open 250 locations
• Positive Sentiment: Stifel Nicolaus initiated coverage with a Buy rating and a $48 price target, while a separate Zacks article highlighted analysts’ favorable view of BROS. Positive analyst sentiment may help support the stock. Article: Stifel Nicolaus coverage Article: Analyst view of Dutch Bros
• Neutral Sentiment: The company is promoting a limited-time Pink Majesty Rebel drink and related merchandise for National Passenger Princess Day. The campaign could boost customer engagement, but the reports provide no indication of its expected sales impact. Article: Passenger Princess Day promotion
• Negative Sentiment: Competition may be intensifying: rival 7 Brew is adding food to its offering, potentially broadening its appeal against Dutch Bros and Starbucks. Article: 7 Brew adds food
• Negative Sentiment: Citigroup trimmed its price target on Dutch Bros, a potentially negative signal for sentiment; the supplied report does not specify the revised target. Article: Citigroup price-target trim

About Dutch Bros

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.