The IBD SmartSelect Composite Rating for Dutch Bros increased from 91 to 97 Friday.
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The revised score means the stock currently tops 97% of all other stocks in terms of key performance metrics and technical strength.
Dutch Bros is currently forming a cup without handle, with a 77.88 entry. Look for the stock to break out in heavy trade at least 40% higher than normal. But note that it's a later-stage base, and such bases are more prone to failure.
The stock has a 97 EPS Rating, meaning its recent quarterly and annual earnings growth is outpacing 97% of all stocks.
Its Accumulation/Distribution Rating of B shows moderate buying by institutional investors over the last 13 weeks.
In Q2, the company reported 37% EPS growth. Sales growth came in at 28%, down from 29% in the prior quarter.
Dutch Bros earns the No. 1 rank among its peers in the Retail-Restaurants industry group. Brinker International and Cheesecake Factory are also among the group's highest-rated stocks.
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