Dunkin’ Brands (DNKN) Given Average Recommendation of “Hold” by Analysts

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.

How to Become a New Pot Stock Millionaire

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.

Several hedge funds and other institutional investors have recently modified their holdings of the company. Xact Kapitalforvaltning AB acquired a new position in shares of Dunkin’ Brands during the fourth quarter valued at about $520,000. William Blair Investment Management LLC grew its holdings in shares of Dunkin’ Brands by 12.5% during the fourth quarter. William Blair Investment Management LLC now owns 19,397 shares of the restaurant operator’s stock valued at $1,251,000 after buying an additional 2,161 shares during the last quarter. High Falls Advisors Inc acquired a new position in shares of Dunkin’ Brands during the fourth quarter valued at about $208,000. Halsey Associates Inc. CT grew its holdings in shares of Dunkin’ Brands by 2.0% during the fourth quarter. Halsey Associates Inc. CT now owns 197,367 shares of the restaurant operator’s stock valued at $12,724,000 after buying an additional 3,910 shares during the last quarter. Finally, MetLife Investment Advisors LLC acquired a new position in shares of Dunkin’ Brands during the fourth quarter valued at about $3,684,000. Hedge funds and other institutional investors own 97.68% 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%.

ILLEGAL ACTIVITY NOTICE: This news story was first posted by WKRB News and is the sole property of of WKRB News. If you are reading this news story on another publication, it was illegally copied and reposted in violation of United States & international trademark and copyright laws. The legal version of this news story can be viewed at https://www.wkrb13.com/2018/04/02/dunkin-brands-dnkn-given-average-recommendation-of-hold-by-analysts.html.

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.

Analyst Recommendations for Dunkin` Brands (NASDAQ:DNKN)

Receive News & Ratings for Dunkin' Brands Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dunkin' Brands and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply