Analysts Set Dutch Bros Inc. (NYSE:BROS) Price Target at $75.52

Shares of Dutch Bros Inc. (NYSE:BROS) have earned a consensus recommendation of “Moderate Buy” from the twenty-five research firms that are currently covering the stock, Marketbeat Ratings reports. Three analysts have rated the stock with a hold rating, twenty-one have given a buy rating and one has given a strong buy rating to the company. The average 12 month price objective among brokers that have covered the stock in the last year is $75.5217.

Several analysts recently commented on the company. Telsey Advisory Group assumed coverage on Dutch Bros in a report on Wednesday, April 8th. They issued an “outperform” rating and a $66.00 price objective for the company. Evercore set a $73.00 price target on Dutch Bros in a report on Monday, January 5th. Citigroup cut their price target on Dutch Bros from $82.00 to $81.00 and set a “buy” rating for the company in a report on Friday, February 13th. BNP Paribas Exane began coverage on Dutch Bros in a report on Monday, March 30th. They set an “outperform” rating and a $73.00 price target for the company. Finally, The Goldman Sachs Group raised Dutch Bros from a “neutral” rating to a “buy” rating and set a $75.00 price target for the company in a report on Monday, March 2nd.

Institutional Trading of Dutch Bros

Hedge funds have recently bought and sold shares of the stock. Osterweis Capital Management Inc. bought a new stake in Dutch Bros during the second quarter valued at about $27,000. Brown Lisle Cummings Inc. bought a new stake in Dutch Bros during the fourth quarter valued at about $31,000. Rakuten Securities Inc. grew its holdings in Dutch Bros by 557.4% during the second quarter. Rakuten Securities Inc. now owns 447 shares of the company’s stock valued at $31,000 after purchasing an additional 379 shares during the period. Ankerstar Wealth LLC bought a new stake in Dutch Bros during the fourth quarter valued at about $31,000. Finally, Quarry LP grew its holdings in Dutch Bros by 83.5% during the fourth quarter. Quarry LP now owns 600 shares of the company’s stock valued at $37,000 after purchasing an additional 273 shares during the period. Institutional investors own 85.54% of the company’s stock.

Dutch Bros Stock Performance

Shares of BROS opened at $54.44 on Friday. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.49 and a quick ratio of 1.28. Dutch Bros has a one year low of $44.58 and a one year high of $77.88. The firm has a market capitalization of $8.96 billion, a P/E ratio of 85.07, a PEG ratio of 1.95 and a beta of 2.50. The business has a fifty day moving average of $51.74 and a 200 day moving average of $55.69.

Dutch Bros (NYSE:BROS) last issued its quarterly earnings data on Thursday, February 12th. The company reported $0.17 EPS for the quarter, topping the consensus estimate of $0.10 by $0.07. Dutch Bros had a return on equity of 9.56% and a net margin of 4.87%.The company had revenue of $443.61 million during the quarter, compared to analyst estimates of $424.44 million. During the same quarter in the previous year, the company posted $0.07 earnings per share. Dutch Bros’s revenue was up 29.4% compared to the same quarter last year. As a group, sell-side analysts anticipate that Dutch Bros will post 0.81 EPS for the current year.

Dutch Bros Company Profile

Dutch Bros Coffee, trading on the NYSE under the ticker BROS, is an American drive-through coffee chain known for its quick-service model and community-focused brand. Founded in 1992 by brothers Dane and Travis Boersma in Grants Pass, Oregon, the company began as a single coffee stand and has since expanded its footprint across numerous U.S. markets. Dutch Bros specializes in handcrafted espresso drinks, drip coffee, cold brew, energy drinks, smoothies, teas, and a variety of signature “Dutch Freeze” and “Dutch Frost” blended beverages.

The company operates a mix of company-owned and franchised locations, placing a strong emphasis on speed and customer engagement.