Dutch Bros (NYSE:BROS) Upgraded to “Strong-Buy” at Seaport Research Partners

Seaport Research Partners upgraded shares of Dutch Bros (NYSE:BROS) to a strong-buy rating in a research report released on Tuesday,Zacks reports.

Several other research analysts also recently issued reports on BROS. Weiss Ratings reiterated a “hold (c)” rating on shares of Dutch Bros in a research note on Friday, July 17th. Stephens restated an “overweight” rating and issued a $80.00 price objective on shares of Dutch Bros in a report on Thursday, August 6th. Freedom Capital raised Dutch Bros to a “strong-buy” rating in a research report on Wednesday, July 1st. DA Davidson cut their target price on Dutch Bros from $90.00 to $85.00 and set a “buy” rating on the stock in a research note on Thursday, August 6th. Finally, Robert W. Baird raised Dutch Bros to a “strong-buy” rating in a report on Monday, August 24th. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $76.45.

Dutch Bros Trading Down 1.4%

NYSE BROS opened at $41.40 on Tuesday. Dutch Bros has a 12 month low of $41.17 and a 12 month high of $74.02. The company has a current ratio of 1.35, a quick ratio of 1.19 and a debt-to-equity ratio of 0.20. The stock’s fifty day moving average price is $55.21 and its 200-day moving average price is $56.12. The stock has a market cap of $7.23 billion, a P/E ratio of 57.49, a P/E/G ratio of 1.50 and a beta of 2.28.

Dutch Bros (NYSE:BROS) last posted its quarterly 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. Dutch Bros had a return on equity of 10.01% and a net margin of 4.91%.The firm had revenue of $550.85 million during the quarter, compared to analyst estimates of $525.38 million. During the same quarter in the previous year, the firm earned $0.26 EPS. Dutch Bros’s quarterly revenue was up 32.5% compared to the same quarter last year. As a group, equities analysts forecast that Dutch Bros will post 0.87 EPS for the current fiscal year.

Insider Activity at Dutch Bros

In other news, Director Todd Penegor bought 2,000 shares of the stock in a transaction on Thursday, August 13th. The shares were bought at an average price of $51.56 per share, with a total value of $103,120.00. Following the completion of the acquisition, the director owned 7,358 shares in the company, valued at $379,378.48. The trade was a 37.33% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 38.90% of the stock is owned by insiders.

Institutional Investors Weigh In On Dutch Bros

Several hedge funds and other institutional investors have recently made changes to their positions in the business. NorthRock Partners LLC bought a new stake in Dutch Bros during the second quarter valued at approximately $256,000. Integrated Wealth Concepts LLC boosted its stake in shares of Dutch Bros by 16.1% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 11,004 shares of the company’s stock worth $790,000 after acquiring an additional 1,525 shares during the last quarter. Maven Securities LTD purchased a new position in shares of Dutch Bros during the 2nd quarter worth $829,000. NewEdge Advisors LLC grew its position in shares of Dutch Bros by 12.3% during the 2nd quarter. NewEdge Advisors LLC now owns 4,810 shares of the company’s stock valued at $345,000 after acquiring an additional 528 shares during the period. Finally, Baird Financial Group Inc. grew its position in shares of Dutch Bros by 7.4% during the 2nd quarter. Baird Financial Group Inc. now owns 524,569 shares of the company’s stock valued at $37,669,000 after acquiring an additional 35,925 shares during the period. Hedge funds and other institutional investors own 85.54% of the company’s stock.

More Dutch Bros News

Here are the key news stories impacting Dutch Bros this week:

• Positive Sentiment: Dutch Bros continues to expand its store base, with new drive-thru locations planned or announced in Augusta, Hampton Roads, Conroe and other markets. Continued unit growth could support long-term revenue expansion and improve investor sentiment. Dutch Bros to open Augusta drive-thru by year’s end
• Positive Sentiment: Some analysts and valuation commentators consider BROS undervalued relative to its expected cash-flow growth. The company also maintains a “Moderate Buy” average analyst rating, potentially limiting downside if operating growth remains strong. Dutch Bros Stock Looks Cheap Against Its Cash Flow Outlook
• Neutral Sentiment: CEO Christine Barone discussed expansion and inflation, highlighting the company’s growth plans while acknowledging cost pressures that could affect margins. Dutch Bros CEO Christine Barone on Expansion & Inflation
• Negative Sentiment: The immediate pressure on Dutch Bros Inc. (BROS) appears to be sector-wide selling across restaurant and beverage stocks, amplified by broader weakness in the Nasdaq and S&P 500. Why Is Dutch Bros Stock Falling on Tuesday?
• Negative Sentiment: Recent coverage emphasizes the stock’s sharp decline and elevated valuation risk. A shelf registration filing may also have raised concerns about potential future share issuance and dilution, even though no specific offering was announced. Is Dutch Bros Undervalued After Its Shelf Filing?

About Dutch Bros

Dutch Bros Inc is a drive-thru beverage company that operates and franchises coffee shops across the United States. Founded in 1992 by brothers Dane and Travis Boersma in Grants Pass, Oregon, the company has expanded from a single coffee cart into a national chain with locations in more than 20 states.

Dutch Bros’ menu includes specialty espresso-based coffees, cold brew, teas, Dutch Bros Blue Rebel energy drinks, smoothies, lemonades, sodas and other flavored beverages. Its shops emphasize drive-thru convenience, customizable drinks and customer-focused service, with some locations also offering walk-up windows or limited indoor seating.

The company combines company-operated shops with franchised locations, although its growth strategy has increasingly emphasized company-operated stores.