Recent Research Analysts’ Ratings Updates for Dunkin Brands Group (DNKN)

Dunkin Brands Group (NASDAQ: DNKN) has recently received a number of price target changes and ratings updates:

  • 2/8/2019 – Dunkin Brands Group was given a new $61.00 price target on by analysts at Mizuho. They now have a “sell” rating on the stock.
  • 2/8/2019 – Dunkin Brands Group had its price target lowered by analysts at BMO Capital Markets to $75.00. They now have an “outperform” rating on the stock.
  • 2/8/2019 – Dunkin Brands Group was given a new $72.00 price target on by analysts at UBS Group AG. They now have a “hold” rating on the stock.
  • 2/8/2019 – Dunkin Brands Group had its “buy” rating reaffirmed by analysts at Maxim Group. They now have a $79.00 price target on the stock, down previously from $83.00. They wrote, “We maintain our Buy rating on Dunkin’ Brands (DNKN), though lower our price target to $79, from $83, following the release of mixed 4Q18 (December) results earlier today.””
  • 1/29/2019 – Dunkin Brands Group was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Dunkin’ Brands’ shares have outperformed the industry in the past two years.The company’s franchised business model, various sales initiatives like product launches, ongoing loyalty program along with enhanced digital offerings bode well. Moreover, strong digital initiatives and aggressive expansion strategies by the company also add to positives. However, earnings estimates have remained stable over the past month, reflecting limited upside potential for the company’s future earnings. Moreover, the company is experiencing lower than expected sale in ice cream products which adds to the concern. Intense competition from larger fast casual companies and high costs of operations continue to plague.”
  • 1/25/2019 – Dunkin Brands Group was downgraded by analysts at OTR Global to a “positive” rating.
  • 1/21/2019 – Dunkin Brands Group was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Shares of Dunkin’ Brands’ have underperformed the industry over the past six months. Earnings estimates have remained stable over the past month, reflecting limited upside potential for the company’s future earnings. High costs of operations have been plaguing the company . Additionally, the company’s coffee offerings face intense competition from one of the coffee giants — Starbucks — boasting a much larger scale. Also, Dunkin' Donuts generates a chunk of revenues from the breakfast segment, which is gradually becoming more competitive. However, banking on its already established namesake, the company has undertaken the implementation of a six-part plan to fuel Dunkin’ Brands’ strategic growth in the United States and better position itself as a beverage-led On-the-Go brand. Moreover, strong digital initiatives and aggressive expansion strategies by the company also add to positives.”
  • 1/16/2019 – Dunkin Brands Group was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating.
  • 1/15/2019 – Dunkin Brands Group was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Shares of Dunkin’ Brands’ have underperformed the industry over the past six months. Earnings estimates have remained stable over the past month, reflecting limited upside potential for the company’s future earnings. High costs of operations have been plaguing the company . Additionally, the company’s coffee offerings face intense competition from one of the coffee giants — Starbucks — boasting a much larger scale. Also, Dunkin' Donuts generates a chunk of revenues from the breakfast segment, which is gradually becoming more competitive. However, banking on its already established namesake, the company has undertaken the implementation of a six-part plan to fuel Dunkin’ Brands’ strategic growth in the United States and better position itself as a beverage-led On-the-Go brand. Moreover, strong digital initiatives and aggressive expansion strategies by the company also add to positives.”
  • 1/10/2019 – Dunkin Brands Group was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
  • 1/9/2019 – Dunkin Brands Group had its “buy” rating reaffirmed by analysts at Maxim Group. They now have a $83.00 price target on the stock.
  • 12/31/2018 – Dunkin Brands Group had its “buy” rating reaffirmed by analysts at Zacks Investment Research. They now have a $74.00 price target on the stock. According to Zacks, “Shares of Dunkin’ Brands’ have outperformed the industry in the past two years. The company’s increased focus on menu innovation especially on premium products to offer great beverages is likely to drive growth. Banking on its already established namesake, the company has undertaken the implementation of a six-part plan to fuel Dunkin’ Brands’ strategic growth in the United States and better position itself as a beverage-led On-the-Go brand. Moreover, strong digital initiatives and aggressive expansion strategies by the company also add to the positives. The company has also raised the 2018 guidance for adjusted earnings given its robust sales building and refranchising efforts. Earnings estimate for the current year has also increased over the past 60 days. However, high costs of operations and stiff competition continues to be potential headwinds.”
  • 12/27/2018 – Dunkin Brands Group was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating.
  • 12/19/2018 – Dunkin Brands Group was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Shares of Dunkin’ Brands’ have outperformed the industry in the past year. The company’s increased focus on menu innovation especially on premium products to offer great beverages is likely to drive growth. Banking on its already established namesake, the company has undertaken the implementation of a six-part plan to fuel Dunkin’ Brands’ strategic growth in the United States and better position itself as a beverage-led On-the-Go brand. Moreover, strong digital initiatives and aggressive expansion strategies by the company also add to the positives. The company has also raised the 2018 guidance for adjusted earnings given its robust sales building and refranchising efforts. Earnings estimate for the current year has also increased over the past 60 days. However, high costs of operations and stiff competition continues to be potential headwinds.”

NASDAQ DNKN traded up $0.60 during mid-day trading on Monday, reaching $68.11. The stock had a trading volume of 874,482 shares, compared to its average volume of 1,039,549. Dunkin Brands Group Inc has a 1 year low of $57.33 and a 1 year high of $77.13. The firm has a market cap of $5.67 billion, a P/E ratio of 23.49, a PEG ratio of 1.84 and a beta of 0.53.

Dunkin Brands Group (NASDAQ:DNKN) last announced its quarterly earnings data on Thursday, February 7th. The restaurant operator reported $0.68 earnings per share for the quarter, topping analysts’ consensus estimates of $0.62 by $0.06. Dunkin Brands Group had a net margin of 17.40% and a negative return on equity of 31.51%. The company had revenue of $319.60 million during the quarter, compared to analyst estimates of $329.83 million. During the same period in the previous year, the business earned $0.64 EPS. The firm’s revenue for the quarter was up 1.5% on a year-over-year basis. Equities research analysts predict that Dunkin Brands Group Inc will post 2.97 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 20th. Investors of record on Monday, March 11th will be issued a $0.375 dividend. This is a positive change from Dunkin Brands Group’s previous quarterly dividend of $0.35. This represents a $1.50 dividend on an annualized basis and a yield of 2.20%. The ex-dividend date is Friday, March 8th. Dunkin Brands Group’s payout ratio is presently 47.93%.

A number of large investors have recently bought and sold shares of DNKN. Oregon Public Employees Retirement Fund grew its position in Dunkin Brands Group by 6,312.0% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 2,073,384 shares of the restaurant operator’s stock worth $32,000 after purchasing an additional 2,041,048 shares during the period. BlackRock Inc. grew its position in Dunkin Brands Group by 5.6% in the 4th quarter. BlackRock Inc. now owns 7,659,515 shares of the restaurant operator’s stock worth $491,126,000 after purchasing an additional 406,993 shares during the period. Jennison Associates LLC bought a new stake in Dunkin Brands Group in the 3rd quarter worth approximately $26,921,000. Massachusetts Financial Services Co. MA grew its position in Dunkin Brands Group by 96.6% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 542,930 shares of the restaurant operator’s stock worth $34,813,000 after purchasing an additional 266,796 shares during the period. Finally, Vanguard Group Inc grew its position in Dunkin Brands Group by 2.9% in the 3rd quarter. Vanguard Group Inc now owns 7,317,088 shares of the restaurant operator’s stock worth $539,415,000 after purchasing an additional 207,003 shares during the period. 97.28% of the stock is owned by institutional investors and hedge funds.

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.

See Also: Coverage Ratio

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