Dutch Bros (NYSE:BROS – Get Free Report) had its price target reduced by equities researchers at Mizuho from $80.00 to $65.00 in a research note issued on Friday, Benzinga reports. The brokerage currently has an “outperform” rating on the stock. Mizuho‘s target price suggests a potential upside of 47.68% from the stock’s current price.
Several other equities analysts have also weighed in on the company. Royal Bank Of Canada lowered Dutch Bros from an “outperform” rating to a “sector perform” rating and reduced their price objective for the company from $70.00 to $46.00 in a report on Thursday, October 22nd. UBS Group lowered their target price on Dutch Bros from $85.00 to $75.00 and set a “buy” rating on the stock in a research note on Monday. Citigroup dropped their price target on Dutch Bros from $86.00 to $69.00 and set a “buy” rating on the stock in a research report on Wednesday, October 21st. Jefferies Financial Group cut their price target on Dutch Bros from $75.00 to $60.00 and set an “overweight” rating for the company in a research note on Tuesday, September 29th. Finally, TD Cowen reduced their target price on shares of Dutch Bros from $59.00 to $55.00 and set a “buy” rating for the company in a research note on Wednesday, October 21st. One analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, Dutch Bros presently has an average rating of “Moderate Buy” and a consensus target price of $66.44.
View Our Latest Stock Analysis on Dutch Bros
Dutch Bros Trading Up 2.5%
BROS opened at $44.01 on Friday. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.35 and a quick ratio of 1.19. Dutch Bros has a fifty-two week low of $36.51 and a fifty-two week high of $74.02. The firm has a market capitalization of $7.69 billion, a PE ratio of 61.33, a P/E/G ratio of 1.34 and a beta of 2.31. The company’s 50-day moving average is $42.67 and its 200 day moving average is $53.52.
Dutch Bros (NYSE:BROS – Get Free Report) last posted its earnings results on Wednesday, August 5th. The company reported $0.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.29 by $0.04. The firm had revenue of $550.85 million during the quarter, compared to analyst estimates of $525.38 million. Dutch Bros had a net margin of 4.91% and a return on equity of 10.01%. The business’s revenue was up 32.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.26 EPS. As a group, research analysts predict that Dutch Bros will post 0.88 earnings per share for the current fiscal year.
Insider Activity at Dutch Bros
In related news, major shareholder Dm Individual Aggregator, Llc sold 50,709 shares of the stock in a transaction on Tuesday, October 20th. The stock was sold at an average price of $44.01, for a total value of $2,231,703.09. Following the transaction, the insider owned 2,360,091 shares of the company’s stock, valued at $103,867,604.91. This represents a 2.10% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Chairman Travis Boersma sold 145,687 shares of the company’s stock in a transaction dated Tuesday, October 20th. The stock was sold at an average price of $44.01, for a total value of $6,411,684.87. Following the completion of the transaction, the chairman owned 2,360,091 shares of the company’s stock, valued at $103,867,604.91. The trade was a 5.81% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 38.90% of the stock is owned by insiders.
Institutional Investors Weigh In On Dutch Bros
Hedge funds have recently made changes to their positions in the business. Hyperion Asset Management Ltd bought a new stake in Dutch Bros during the 2nd quarter valued at about $42,946,000. Empowered Funds LLC purchased a new position in Dutch Bros in the first quarter worth about $1,309,000. Independent Financial Group LLC bought a new position in shares of Dutch Bros in the first quarter worth approximately $1,164,000. California State Teachers Retirement System lifted its stake in shares of Dutch Bros by 19.2% in the first quarter. California State Teachers Retirement System now owns 147,011 shares of the company’s stock worth $7,448,000 after buying an additional 23,679 shares in the last quarter. Finally, Stephens Investment Management Group LLC lifted its stake in shares of Dutch Bros by 9.5% in the first quarter. Stephens Investment Management Group LLC now owns 333,057 shares of the company’s stock worth $16,873,000 after buying an additional 28,776 shares in the last quarter. 85.54% of the stock is currently owned by institutional investors.
Trending Headlines about Dutch Bros
Here are the key news stories impacting Dutch Bros this week:
- Positive Sentiment: Expansion remains the primary bullish catalyst. Dutch Bros is continuing to add drive-thru locations and is expanding into three additional cities, supporting expectations for sustained revenue and unit growth. Dutch Bros expansion article
- Positive Sentiment: Strong same-store sales strengthen the long-term case. Recent commentary points to solid sales performance at existing restaurants, suggesting consumer demand is holding up as the company expands. This could help Dutch Bros grow without relying solely on new store openings. Strong same-store sales article
- Positive Sentiment: Analyst comparisons highlight BROS’s growth profile. Articles comparing Dutch Bros with Monster Beverage and Wendy’s emphasize its faster expansion opportunity, although Monster has stronger margins and Wendy’s faces traffic challenges. The comparisons may be reinforcing the view that BROS offers attractive growth despite a premium valuation. Dutch Bros versus Monster Beverage article Dutch Bros versus Wendy’s article
- Neutral Sentiment: Dutch Bros raised $160,000 for Silver Rail Elementary in Oregon following a school shooting. The initiative supports community goodwill and the brand, but is unlikely to materially affect near-term financial results. Dutch Bros charitable donation article
- Negative Sentiment: A vehicle crashed into the Fair Oaks, California, location, leading to a temporary closure and an arrest. The incident could cause limited disruption and repair costs, but appears isolated and is not a major companywide catalyst. Fair Oaks Dutch Bros crash article
About Dutch Bros
Dutch Bros Inc is a drive-thru beverage company that operates and franchises coffee shops across the United States. The company is known for its made-to-order drinks, fast service and community-focused brand.
Its menu includes hot, iced and blended coffee beverages, along with specialty drinks such as energy drinks, teas, lemonades, smoothies and other noncoffee refreshments. Dutch Bros also offers packaged products and branded merchandise through select locations and digital channels.
Dutch Bros was founded in 1992 in Grants Pass, Oregon, by brothers Dane and Travis Boersma.
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