TD Cowen raised the price target for the Dutch Bros Inc (NYSE:BROS) stock from “a Hold” to “a Buy”. The rating was released on May 10, 2024, according to finviz. We previously noted in another research note published on March 04, 2024 by Piper Sandler that upgraded the stock from a Neutral to an Overweight with a price target of $37 for BROS stock. The research report from Stifel has reiterated the stock to Buy, with a price target set at $40. The stock was upgraded by Stifel, who disclosed in a research note on January 16, 2024, from Hold to Buy and set the price objective to $35. In their research brief published November 20, 2023, JP Morgan analysts upgraded the Dutch Bros Inc stock from Neutral to Overweight with a price target of $35.
The latest trade, Performances and Moving Averages give us the following Picture
The firm’s stock price fluctuated 3.30% within the last five trades and 31.07% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price increased 19.36% in the last 6 months and 19.28% was added to its value over the previous 3 months. BROS stock is trading at a margin of 4.13%, 9.05% and 21.88% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.
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As of the close of trading, BROS deals in the Consumer Cyclical domain. The stock is trading -7.86 percent below its 52-week high and 56.14 percent above its 52-week low. For example, looking both at the price and the high and low measurements of 52 weeks will give you a clearer picture of the direction the price is heading. The firm’s Weighted Alpha is 17.59. A positive weighted alpha indicates the firm has done well over the course of the year, whereas one below 0 indicates that the firm has done poorly.
What Does Dutch Bros Inc’s Profitability and Valuation Ratios Tell Us About the Stock?
With regard to the profitability of the company, the operating margin is currently at 6.90 percent and the profit margin is 1.21 percent, and the company has reported a gross margin of 26.43 percent. The profit margin, also known as the revenue ratio or gross profit ratio, is an efficiency figure used to estimate the business’s profitability by comparing net income and sales. The higher the number, the more profits are generated for the company and vice versa.
The stock’s market cap achieved a total value of $3.36 billion as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. The price-to-earnings ratio for Dutch Bros Inc (NYSE:BROS) is 192.44. The price-to-earnings ratio is a method of assessing corporate values by comparing them to their per-share profit. Forward P/E stands at 78.32. Forward price-to-earnings is calculated using predicted earnings for the next financial year’s P/E determination. The stock has achieved an effective Price-to-Sales Ratio of 3.22 that mirrors the cost to be found for sales by the market. The firm managed a Price-to-Book ratio of 7.91, which equates the market value of a stock with its book value.
Is Insider Trading a Real Thing?
Almost all investors and traders prefer to invest in shares controlled by the management of a corporation as a management company will be more likely to run the business itself and to never conduct things against the management’s desires and will always try to do what is best for their shareholders. Currently, 12.90 percent of Dutch Bros Inc shares are owned by insiders, and 65.28 percent are held by financial institutions. TSG7 A Management LLC, the 10% Owner at Dutch Bros Inc (BROS) has sold 3,403,924 shares of firm on May 29 ’24 at a price of $35.85 against the total amount of $122.03 million. In another inside trade, Boersma Travis, Executive Chairman of Board of Dutch Bros Inc (NYSE:BROS) sold 264,798 shares of the firm on May 29 ’24 for a total worth of $9.59 million at a price of $36.20. An inside trade which took place on May 29 ’24, 10% Owner of Dutch Bros Inc DM Trust Aggregator, LLC sold 248,346 shares of firm against total price of $8.99 million at the cost of $36.21 per share.
