Dutch Bros (BROS) – Analysts’ Recent Ratings Updates

A number of research firms have changed their ratings and price targets for Dutch Bros (NYSE: BROS):

• 1/10/2025 – Dutch Bros had its price target raised by analysts at Stifel Nicolaus from $53.00 to $62.00. They now have a “buy” rating on the stock.
• 1/7/2025 – Dutch Bros was upgraded by analysts at Barclays PLC from an “equal weight” rating to an “overweight” rating. They now have a $70.00 price target on the stock, up previously from $38.00.
• 1/6/2025 – Dutch Bros was upgraded by analysts at Baird R W from a “hold” rating to a “strong-buy” rating.
• 1/6/2025 – Dutch Bros was upgraded by analysts at Robert W. Baird from a “neutral” rating to an “outperform” rating. They now have a $70.00 price target on the stock, up previously from $60.00.
• 12/19/2024 – Dutch Bros had its price target raised by analysts at JPMorgan Chase & Co. from $48.00 to $58.00. They now have an “overweight” rating on the stock.
• 12/17/2024 – Dutch Bros had its “outperform” rating reaffirmed by analysts at William Blair.
• 12/16/2024 – Dutch Bros had its price target raised by analysts at Jefferies Financial Group Inc. from $45.00 to $60.00. They now have a “buy” rating on the stock.
• 12/6/2024 – Dutch Bros had its price target raised by analysts at UBS Group AG from $44.00 to $65.00. They now have a “buy” rating on the stock.
• 11/14/2024 – Dutch Bros had its price target raised by analysts at Stifel Nicolaus from $42.00 to $53.00. They now have a “buy” rating on the stock.
• 11/11/2024 – Dutch Bros had its price target raised by analysts at Piper Sandler from $36.00 to $51.00. They now have a “neutral” rating on the stock.

Dutch Bros Stock Performance

Shares of Dutch Bros stock traded up $0.53 on Friday, reaching $56.73. 1,427,231 shares of the company traded hands, compared to its average volume of 2,563,132. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.90 and a quick ratio of 1.68. The firm has a market capitalization of $8.75 billion, a PE ratio of 195.63, a PEG ratio of 3.89 and a beta of 2.71. The company has a 50 day moving average of $51.04 and a 200 day moving average of $40.67. Dutch Bros Inc. has a 52 week low of $25.46 and a 52 week high of $59.18.

Dutch Bros (NYSE:BROS) last posted its quarterly earnings results on Wednesday, November 6th. The company reported $0.16 earnings per share for the quarter, topping the consensus estimate of $0.12 by $0.04. The company had revenue of $338.20 million during the quarter, compared to the consensus estimate of $324.97 million. Dutch Bros had a return on equity of 5.48% and a net margin of 2.54%. The firm’s quarterly revenue was up 27.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.08 EPS. Equities analysts forecast that Dutch Bros Inc. will post 0.39 earnings per share for the current year.

Insider Activity

In related news, Chairman Travis Boersma sold 80,720 shares of the company’s stock in a transaction that occurred on Monday, October 28th. The shares were sold at an average price of $36.03, for a total value of $2,908,341.60. Following the transaction, the chairman now directly owns 125,671 shares in the company, valued at approximately $4,527,926.13. This represents a 39.11 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, major shareholder Dm Individual Aggregator, Llc sold 40,323 shares of the company’s stock in a transaction on Monday, October 28th. The stock was sold at an average price of $36.03, for a total transaction of $1,452,837.69. Following the completion of the transaction, the insider now owns 125,671 shares of the company’s stock, valued at $4,527,926.13. This trade represents a 24.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 560,698 shares of company stock worth $19,040,697. 46.50% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Dutch Bros

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Jamison Private Wealth Management Inc. grew its holdings in Dutch Bros by 150.2% in the 3rd quarter. Jamison Private Wealth Management Inc. now owns 833 shares of the company’s stock worth $27,000 after acquiring an additional 500 shares during the last quarter. Hollencrest Capital Management boosted its holdings in shares of Dutch Bros by 52.3% during the third quarter. Hollencrest Capital Management now owns 914 shares of the company’s stock worth $29,000 after purchasing an additional 314 shares during the period. Quest Partners LLC grew its stake in shares of Dutch Bros by 3,321.7% in the second quarter. Quest Partners LLC now owns 787 shares of the company’s stock worth $33,000 after purchasing an additional 764 shares during the last quarter. Point72 Hong Kong Ltd purchased a new position in Dutch Bros during the 3rd quarter valued at about $36,000. Finally, nVerses Capital LLC bought a new position in Dutch Bros during the 3rd quarter valued at approximately $38,000. Institutional investors own 85.54% of the company’s stock.

Dutch Bros Inc, together with its subsidiaries, operates and franchises drive-thru shops in the United States. The company operates through Company-Operated Shops and Franchising and Other segments. It serves through company-operated shops and online channels under Dutch Bros; Dutch Bros Coffee; Dutch Bros Rebel; Dutch Bros; and Blue Rebel brands.