Dutch Bros Shares on Bullish Rise

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Dutch Bros operates and franchises drive-thru coffee shops focused on premium beverages. BROS is headquartered in Oregon, and most of its 950 stores are in the west and southwest portions of the country. The company is expanding its reach eastward though. And it differentiates itself by its high local focus and informal atmosphere. Customers seem to be flocking to this laidback environment.

BROS’s third-quarter earnings for fiscal 2024 showed a 28% jump in revenue and big expansion plans. The company’s revenue hit $338 million for the quarter, while its per-share earnings were $0.16, which is up from $0.02 a year prior. System-wide same-store sales grew 2.7%, while company-operated stores’ sales grew 4%. BROS’ 38 new shops brought the company’s total to 950.

It’s no wonder BROS shares are up nearly 87% in a year – and they could rise more. MAPsignals data shows how Big Money investors are betting heavily on the forward picture of the stock.

Dutch Bros Attracting Big Money

Institutional volumes reveal plenty. In the last year, BROS has enjoyed strong investor demand, which we believe to be institutional support.

Each green bar signals unusually large volumes in BROS shares. They reflect our proprietary inflow signal, pushing the stock higher:

Dutch Bros Shares on Bullish Rise

Plenty of discretionary names are under accumulation right now. But there’s a powerful fundamental story happening with Dutch Bros.

Dutch Bros Fundamental Analysis

Institutional support and a healthy fundamental backdrop make this company worth investigating. As you can see, BROS has had strong sales growth:

Also, EPS is estimated to ramp higher this year by +22.3%.

Now it makes sense why the stock has been powering to new heights. BROS is building a track record of strong financial performance.

Marrying great fundamentals with our proprietary software has found some big winning stocks over the long term.

Dutch Bros just became a top-rated stock at MAPsignals. That means the stock has unusual buy pressure and growing fundamentals. We have a ranking process that showcases stocks like this on a weekly basis.

It just made the rare Top 20 report for the first time. The blue bar below shows when BROS was a top pick…and it could grow more:

Dutch Bros Shares on Bullish Rise

Tracking unusual volumes reveals the power of money flows.

This is a trait that most outlier stocks exhibit…the best of the best. Big Money demand drives stocks upward.

Dutch Bros Price Prediction

The BROS rally isn’t new at all. Big Money buying in the shares is signaling to take notice. Given the historical gains in share price and strong fundamentals, this stock could be worth a spot in a diversified portfolio.

Disclosure: the author holds no position in BROS at the time of publication.

If you are a Registered Investment Advisor (RIA) or are a serious investor, take your investing to the next level, learn more about the MAPsignals process here .

This article was originally posted on FX Empire

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