Dutch Bros Inc [NYSE: BROS] price surged by 11.79 percent to reach at $3.35.
The one-year BROS stock forecast points to a potential upside of 14.16. The average equity rating for BROS stock is currently 1.86, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on Dutch Bros Inc [BROS]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BROS shares is $37.01 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BROS stock is a recommendation set at 1.86. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Piper Sandler have made an estimate for Dutch Bros Inc shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on March 04, 2024. While these analysts kept the previous recommendation, Stifel raised their target price from $35 to $40. The new note on the price target was released on February 22, 2024, representing the official price target for Dutch Bros Inc stock. Previously, the target price had yet another raise from $32 to $35, while Stifel kept a Buy rating on BROS stock. On November 20, 2023, analysts increased their price target for BROS shares from 30 to 35.
The Average True Range (ATR) for Dutch Bros Inc is set at 1.23, with the Price to Sales ratio for BROS stock in the period of the last 12 months amounting to 2.66. The Price to Book ratio for the last quarter was 7.03, with the Price to Cash per share for the same quarter was set at 3.01.
BROS Stock Performance Analysis:
Dutch Bros Inc [BROS] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 17.67. With this latest performance, BROS shares dropped by -2.84% in over the last four-week period, additionally plugging by 19.44% over the last 6 months – not to mention a drop of -1.55% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for BROS stock in for the last two-week period is set at 61.61, with the RSI for the last a single of trading hit 70.48, and the three-weeks RSI is set at 57.35 for Dutch Bros Inc [BROS]. The present Moving Average for the last 50 days of trading for this stock 31.20, while it was recorded at 28.55 for the last single week of trading, and 28.64 for the last 200 days.
Insight into Dutch Bros Inc Fundamentals:
Dutch Bros Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.98 and a Current Ratio set at 2.29.
BROS Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for BROS. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Dutch Bros Inc go to 25.45%.
Dutch Bros Inc [BROS] Institutonal Ownership Details
The top three institutional holders of BROS stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in BROS stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in BROS stock with ownership which is approximately 5.8386%.
