Dutch Bros (BROS) Projected to Post Quarterly Earnings on Wednesday

Dutch Bros (NYSE:BROS) will likely be issuing its quarterly earnings data after the market closes on Wednesday, February 12th. Analysts expect the company to announce earnings of $0.02 per share and revenue of $318.78 million for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

Dutch Bros Stock Performance

Shares of NYSE BROS opened at $66.56 on Tuesday. The company has a quick ratio of 1.68, a current ratio of 1.90 and a debt-to-equity ratio of 0.79. Dutch Bros has a 52-week low of $26.32 and a 52-week high of $68.47. The stock has a market capitalization of $10.26 billion, a price-to-earnings ratio of 229.51, a PEG ratio of 3.88 and a beta of 2.73. The stock’s fifty day simple moving average is $57.35 and its 200 day simple moving average is $43.92.

Analysts Set New Price Targets

BROS has been the topic of several analyst reports. William Blair reissued an “outperform” rating on shares of Dutch Bros in a research report on Tuesday, December 17th. Wedbush boosted their target price on shares of Dutch Bros from $45.00 to $55.00 and gave the company an “outperform” rating in a research note on Thursday, November 7th. JPMorgan Chase & Co. raised their target price on Dutch Bros from $48.00 to $58.00 and gave the stock an “overweight” rating in a research report on Thursday, December 19th. Barclays raised Dutch Bros from an “equal weight” rating to an “overweight” rating and upped their price target for the company from $38.00 to $70.00 in a research report on Tuesday, January 7th. Finally, TD Cowen raised their price objective on Dutch Bros from $47.00 to $53.00 and gave the stock a “buy” rating in a research report on Thursday, November 7th. One equities research analyst has rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Dutch Bros presently has an average rating of “Buy” and an average price target of $60.09.

Dutch Bros Company Profile

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.