Shares of Dunkin’ Brands (NASDAQ:DNKN) have received an average rating of “Hold” from the twenty-two research firms that are covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, nine have given a hold recommendation and ten have given a buy recommendation to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $63.68.
Several research firms have recently weighed in on DNKN. BidaskClub upgraded shares of Dunkin’ Brands from a “strong sell” rating to a “sell” rating in a research report on Friday, March 23rd. Morgan Stanley reduced their price target on shares of Dunkin’ Brands from $69.00 to $67.00 and set an “equal weight” rating for the company in a report on Monday, March 26th. Piper Jaffray restated a “neutral” rating and issued a $62.00 price target (up from $59.00) on shares of Dunkin’ Brands in a report on Thursday, February 22nd. Stephens raised their price target on shares of Dunkin’ Brands from $54.00 to $66.00 and gave the stock a “weight” rating in a report on Monday, February 5th. Finally, Zacks Investment Research cut shares of Dunkin’ Brands from a “buy” rating to a “hold” rating in a report on Thursday, February 8th.
In other news, CEO Nigel Travis sold 57,296 shares of Dunkin’ Brands stock in a transaction dated Tuesday, February 20th. The shares were sold at an average price of $63.24, for a total transaction of $3,623,399.04. Following the completion of the transaction, the chief executive officer now directly owns 327,957 shares in the company, valued at $20,740,000.68. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider William M. Mitchell sold 46,180 shares of Dunkin’ Brands stock in a transaction dated Wednesday, February 14th. The shares were sold at an average price of $61.30, for a total transaction of $2,830,834.00. Following the transaction, the insider now owns 33,000 shares of the company’s stock, valued at $2,022,900. The disclosure for this sale can be found here. Insiders have sold 455,581 shares of company stock valued at $28,320,199 over the last quarter. Corporate insiders own 3.10% of the company’s stock.
Shares of DNKN traded down $0.12 during trading hours on Friday, hitting $59.69. 966,969 shares of the stock were exchanged, compared to its average volume of 1,117,685. Dunkin’ Brands has a fifty-two week low of $50.89 and a fifty-two week high of $68.45. The company has a quick ratio of 2.79, a current ratio of 2.79 and a debt-to-equity ratio of 361.71. The stock has a market cap of $4,909.98, a PE ratio of 24.56, a price-to-earnings-growth ratio of 1.68 and a beta of 0.29.
Dunkin’ Brands (NASDAQ:DNKN) last posted its quarterly earnings data on Tuesday, February 6th. The restaurant operator reported $0.64 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.63 by $0.01. Dunkin’ Brands had a net margin of 40.77% and a negative return on equity of 190.44%. The company had revenue of $227.10 million during the quarter, compared to analysts’ expectations of $220.54 million. During the same period in the prior year, the company posted $0.64 earnings per share. Dunkin’ Brands’s revenue for the quarter was up 5.3% compared to the same quarter last year. sell-side analysts anticipate that Dunkin’ Brands will post 2.66 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 21st. Stockholders of record on Monday, March 12th were issued a dividend of $0.3475 per share. This is a boost from Dunkin’ Brands’s previous quarterly dividend of $0.32. This represents a $1.39 dividend on an annualized basis and a dividend yield of 2.33%. The ex-dividend date was Friday, March 9th. Dunkin’ Brands’s dividend payout ratio (DPR) is currently 57.20%.
About Dunkin’ Brands
Dunkin' Brands Group, Inc, together with its subsidiaries, develops, franchises, and licenses quick service restaurants worldwide. The company operates through four segments: Dunkin' Donuts U.S., Dunkin' Donuts International, Baskin-Robbins International, and Baskin-Robbins U.S. Its restaurants offer hot and cold coffee, baked goods, donuts, bagels, muffins, breakfast sandwiches, hard and soft serve ice creams, frozen yogurts, shakes, malts, floats, and cakes.
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