According to data from S&P Global Market Intelligence, the stock finished November down 31%. The stock declined steadily over the course of the month, as investors rotated out of growth stocks because of fears over tightening monetary policy and rising interest rates. BROS data by YCharts So what
Full Answer
Should you buy Dutch Bros Coffee stock?
Mar 28, 2022 · Dutch Bros Inc. () Stock Market info Recommendations: Buy or sell Dutch Bros stock? Wall Street Stock Market & Finance report, prediction for the future: You'll find the Dutch Bros share forecasts, stock quote and buy / sell signals below.According to present data Dutch Bros's BROS shares and potentially its market environment have been in a bullish cycle in the …
Is Dutch Bros (Bros) stock pandemic-proof?
Apr 22, 2022 · Dutch Bros (NYSE:BROS) Shares Gap Down to $50.57 americanbankingnews.com - April 11 at 11:38 AM: Dutch Bros. continues push for San Antonio marketshare bizjournals.com - April 11 at 8:25 AM: Brokerages Expect Dutch Bros Inc. (NYSE:BROS) Will Announce Quarterly Sales of $144.15 Million americanbankingnews.com - April 11 at 3:52 AM
Why should you keep an eye on Dutch Bros stock?
Apr 01, 2022 · Dutch Bros ( NYSE: BROS) continued its bouncy trading on Wednesday with a 5.52% drop on high volume. Dutch Bros (BROS) is one of the most discussed stocks on StockTwits and Reddit's WallStreetBets,...
Is Dutch Bros the fastest-growing chain in the food service sector?
Why Dutch Bros. Gained 15% in March. Shares of innovative coffee shop chain Dutch Bros. (NYSE: BROS) jumped 15% in March, according to data provided by S&P Global Market Intelligence. The company ...
Is Dutch Bros stock a good investment?
Dutch Bros is currently sporting a Zacks Rank of #2 (Buy). Over the past 90 days, the Zacks Consensus Estimate for BROS' full-year earnings has moved 31.3% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.Apr 4, 2022
Why is Dutch Bros dropping?
According to data from S&P Global Market Intelligence, the stock finished November down 31%. The stock declined steadily over the course of the month, as investors rotated out of growth stocks because of fears over tightening monetary policy and rising interest rates.Dec 7, 2021
What is Dutch Bros stock projected for?
Stock Price Forecast The 9 analysts offering 12-month price forecasts for Dutch Bros Inc have a median target of 64.00, with a high estimate of 80.00 and a low estimate of 53.00. The median estimate represents a +15.42% increase from the last price of 55.45.
Does Dutch Bros have public stock?
Coffee-centric restaurant chain Dutch Bros (NYSE: BROS) stock has only been traded publicly since September.
Why is Dutch Bros stock so high?
Why Dutch Bros Stock Was Piping Hot This Week Shares of Dutch Bros (NYSE: BROS) charged sharply higher this week, surging as much as 15.7%. The catalyst that sent the coffee chain higher was an appearance by its CEO on Jim Cramer's Mad Money to discuss the company's ambitious expansion plans.
Who bought Dutch Bros?
TSG Consumer Partners, which acquired a minority stake in Dutch Bros in 2018, is the second largest shareholder, with a 31 percent stake worth nearly $1.9 billion, according to Forbes. Shares in BROS closed at $36.92 per share on its first day of trading.Sep 23, 2021
Is Bros a buy or sell?
Out of 7 analysts, 4 (57.14%) are recommending BROS as a Strong Buy, 2 (28.57%) are recommending BROS as a Buy, 1 (14.29%) are recommending BROS as a Hold, 0 (0%) are recommending BROS as a Sell, and 0 (0%) are recommending BROS as a Strong Sell. What is BROS's earnings growth forecast for 2022-2024?
What is Tesla stock prediction?
Stock Price Forecast The 36 analysts offering 12-month price forecasts for Tesla Inc have a median target of 1,137.50, with a high estimate of 1,620.00 and a low estimate of 67.00. The median estimate represents a +29.86% increase from the last price of 875.94.
Can you own a Dutch Bros franchise?
How do I franchise? Thank you for your interest! Dutch Bros Coffee no longer offers the option to franchise. Moving forward, all locations are company-owned and regional operator positions are offered exclusively to those within the company, who have shown outstanding employment history and exemplify the culture.
Does Dutch Bros stock pay dividends?
DUTCH BROS (NYSE: BROS) does not pay a dividend.
How many shares of Dutch Bros are there?
Share StatisticsAvg Vol (3 month) 31.96MShares Outstanding 534.43MImplied Shares Outstanding 6N/AFloat 828.77M% Held by Insiders 119.52%7 more rows
How many shares did Dutch Bros sell?
Since Dutch Bros sold about 24 million shares, Boeh said that means the company missed out on as much as $328 million by not pricing its shares higher.Sep 22, 2021
"Should I invest in Dutch Bros stock?" "Should I trade "BROS" stock today?"
According to our live Forecast System, Dutch Bros Inc. stock is a bad long-term (1-year) investmen...
What is the Dutch Bros stock price / share price today?
The Dutch Bros stock price is 48.280 USD today.
Will BROS stock price drop / fall?
Yes. The Dutch Bros stock price may drop from 48.280 USD to 41.778 USD...
Will BROS stock price grow / rise / go up?
No. See above .
Will BROS stock price crash?
According to our analysis, this can happen.
Will Dutch Bros stock price hit 100 USD price in a year?
Not within a year. See above .
Will Dutch Bros stock price hit 200 USD price in a year?
Not within a year. See above .
Will Dutch Bros stock price hit 500 USD price in a year?
Not within a year. See above .
Dutch Bros Inc. to Host Fourth Quarter and Fiscal Year 2021 Conference Call and Webcast on March 1, 2022
GRANTS PASS, Ore., February 15, 2022--Dutch Bros Inc.
San Antonio-based Red Runner Coffee opening third local spot
The newest shop at 6238 FM 78 — about 3 miles north of Sea World San Antonio — joins the Walzem Road location. A third location of the chain at 10619 Culebra Road is also being built under the lead of San Antonio-based Waterman Construction. CEO Evan Smith said he's aiming for an April opening.
Shares of the coffee slinger fell in spite of a strong earnings report
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What happened
Shares of Dutch Bros ( NYSE:BROS) took a dive last month, as a solid third-quarter earnings report wasn't enough to counteract a widespread sell-off in growth stocks. According to data from S&P Global Market Intelligence, the stock finished November down 31%.
So what
Shares of Dutch Bros, an Oregon-based drive-through coffee chain, had soared following its IPO in September, but shifting investor sentiment seemed to kill that rally last month as small-cap growth stocks fell broadly with the Vanguard Small-Cap Growth ETF down 6% last month.
Now what
Looking ahead to the fourth quarter, Dutch Bros said it expected to open at least 30 more stores in the quarter and called for revenue of $125 million to $128 million, a slight decline from the third quarter as the company experiences some seasonality with the colder weather. Still, that was better than the analyst consensus at $121.2 million.
Why It Matters
This week’s reports also revealed exactly why Dutch Bros is one of the fastest-growing chains in the food service sector. The company is heading into 2022 with 98 new shops, 82 of which are company-operated. This expansion has allowed it to tap into the retail coffee markets in three new states: Texas, Kansas and Oklahoma.
What It Means
These are all reasons to keep an eye on Dutch Bros as the company gears up for an even bigger year than the last one. A few months ago, InvestorPlace contributor David Moadel predicted that the company could evolve into a national brand.
