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Monday, January 30, 2023

Make Sure You Stick With Dutch Bros Inc. (BROS). It’s Bull Time Again

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. After-hours trades for Dutch Bros Inc. (BROS) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.69, or -2.02%, to $33.55. The Dutch Bros Inc. has recorded 3,077 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed Dutch Bros Inc. Reports Preliminary Fourth Quarter and Fiscal Year 2022 New Shop Openings and Same Shop Sales Results.


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Stocks Info

Dutch Bros Inc. is listed on the NYSE in the Consumer Cyclical sector while operating in the Restaurants industry. At the end of the last regular session, the stock closed at $34.24 and fluctuated between $34.59 as its day high and $33.25 as its day low. The current market capitalization of Dutch Bros Inc. is $5.61B. A total of 1.05 million shares were traded on the day, compared to an average of 1.26M shares.

Insider Activity

Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, BROS has seen 2 BUY and 2 SELL insider trades, representing the acquisition of 146,272 and the disposition of 59,999 shares. Over the last 12 months, there were 16 BUYs and 71 SELLs from insiders. Insiders purchased 5,157,690 shares during that period but sold 10,022,670.

In the most recent transaction, Graham John Patrick sold 8,000 shares of BROS for 31.31 per share on Dec 14. After the transaction, the Chief Marketing Officer now owns 163,332 company shares. In a previous transaction on Aug 30, Maxwell Brian sold 6,000 shares at 40.00 per share. BROS shares that Chief Operating Officer owns now total 1,153,620.

Among the insiders who sold shares, Maxwell Brian disposed of 12,000 shares on Aug 16 at a per-share price of $44.81. This resulted in the Chief Operating Officer holding 1,159,620 shares of BROS after the transaction. In another insider transaction, TSG7 A Management LLC sold 5,979,605 shares at $42.80 per share on Aug 15. Company shares held by the 10% Owner now total 0.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for BROS in the last 3 months, the mean price target is $40.50 with high estimates of $53.00 and low estimates of $29.00. In terms of 52-week highs and lows, BROS has a high of $66.00 and a low of $20.05.

As of this writing, BROS has an earnings estimate of $0.08 per share for the current quarter. EPS was calculated based on a consensus of 9 estimates, with a high estimate of $0.11 per share and a lower estimate of $0.02. The company reported an EPS of -$0.02 in the last quarter, which was -300.00% lower than expectations of $0.01.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 9 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for BROS is Overweight with a score of 4.25. A total of 6 analysts rated the stock as Buy while 0 rated it as Overweight while 3 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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