Why Dutch Bros Was Climbing Again Today [Yahoo! Finance]
Dutch Bros Inc. (BROS)
Company Research
Source: Yahoo! Finance
Today, the coffee slinger seemed to benefit from a Wall Street upgrade, reflecting the strong results in its recent earnings report. As of 1:17 p.m. ET, the stock was up 8%. Dutch Bros gets a nod from Wall Street TD Cowen upgraded its rating on Dutch Bros from hold to buy this morning and gave the stock a price target of $46, up from $33. Analyst Andrew Charles said he saw an "asymmetric risk/reward" in the stock, as he sees strong same-store sales growth and improved unit economics. The analyst raised his adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) estimates through 2026. Finally, he said the shares could double within three years, which is the type of comment that will attract interest in a stock today. Is Dutch Bros a buy? Dutch Bros delivered arguably its strongest report as a publicly traded company yet on Tuesday, as it showed off strong top-line growth, improving margins, and continued store expansion. Same-store sales ju
Show less
Read more
Impact Snapshot
Event Time:
BROS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BROS alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BROS alerts
High impacting Dutch Bros Inc. news events
Weekly update
A roundup of the hottest topics
BROS
News
- Dutch Bros Inc. to Participate in Upcoming Investor ConferencesBusiness Wire
- Plans brewing for Wyoming's first 7 Brew, latest in coffee kiosk boom [Yahoo! Finance]Yahoo! Finance
- Meet America's Best Employers For New Grads 2024 [Forbes]Forbes
- Why It's Time to Sell Starbucks and Buy Dutch Bros Instead [Yahoo! Finance]Yahoo! Finance
- With Shares Down Nearly 55%, Is Now the Time to Buy This Restaurant Stock? [Yahoo! Finance]Yahoo! Finance
BROS
Earnings
- 5/7/24 - Beat
BROS
Sec Filings
- 5/22/24 - Form 4
- 5/22/24 - Form 4
- 5/22/24 - Form 4
- BROS's page on the SEC website