In the coffee market, one of the biggest surprises in recent years is Dutch Bros (BROS -7.57%). Earlier this year, its stock reached an all-time high.
Most retail investors will overlook this detailed breakdown of hot retail stocks for one simple reason. The technology sector has captured all the attention of the stock market today (not to mention a lot of its capital) because it features the most attractive and popular names among investment circles.
Dutch Bros stock is up nearly 23% in a month as strong traffic, new shops, and expansion plans fuel growth despite a premium valuation.
From a technical perspective, Dutch Bros (BROS) is looking like an interesting pick, as it just reached a key level of support. BROS recently overtook the 200-day moving average, and this suggests a long-term bullish trend.
Earnings from Q2 are in, and fast food continues to fade from American eaters' appetites. For most of the post-pandemic era, fast-casual establishments have been stealing market share from Quick-Serve Restaurants (QSRs), and that trend accelerated again in Q2.
The consensus price target hints at a 26.7% upside potential for Dutch Bros (BROS). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
Retail sales surged in July, and stocks like Levi Strauss, Walmart, Dutch Bros and Wayfair look primed for solid portfolio gains.
Here is how Dutch Bros (BROS) and Walmart (WMT) have performed compared to their sector so far this year.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Shares of Dutch Bros (NYSE:BROS) lost 0.95% over the past month, continuing a slide that's seen the coffee retailer's stock slide 25.52% since its year-to-date high Feb.
Dutch Bros President and CEO Christine Barone joins CNBC's ‘The Exchange' to discuss consumer trends, the company's expansion plans, and more.
Who needs coffee? Dutch Bros Inc. NYSE: BROS is giving investors a rush as BROS stock is up over 20% in mid-day trading after the company delivered a strong earnings report after the market closed on August 6.