The Brokerages Set Dunkin’ Brands Group Inc. (DNKN) PT at $48.16

The Brokerages Set Dunkin’ Brands Group Inc. (DNKN) PT at $48.16

Dunkin’ Brands Group Inc. (NASDAQ:DNKN) has been assigned a consensus rating of “Hold” from the twenty-two ratings firms that are currently covering the firm. Three research analysts have rated the stock with a sell recommendation, eleven have issued a hold recommendation and eight have assigned a buy recommendation to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $48.37.

A number of analysts have recently commented on DNKN shares. Citigroup Inc. boosted their target price on shares of Dunkin’ Brands Group from $51.00 to $57.00 and gave the stock a “buy” rating in a research note on Tuesday, September 13th. TheStreet upgraded shares of Dunkin’ Brands Group to a “buy” rating in a research report on Friday, October 14th. Credit Suisse Group AG boosted their price target on shares of Dunkin’ Brands Group from $51.00 to $52.00 and gave the stock an “outperform” rating in a research report on Tuesday, September 20th. RBC Capital Markets lowered shares of Dunkin’ Brands Group from an “outperform” rating to a “sector perform” rating and boosted their price target for the stock from $51.00 to $54.00 in a research report on Monday, October 17th. They noted that the move was a valuation call. Finally, Royal Bank Of Canada lowered shares of Dunkin’ Brands Group from an “outperform” rating to a “sector perform” rating and boosted their price target for the stock from $51.00 to $54.00 in a research report on Monday, October 17th.

Dunkin’ Brands Group (NASDAQ:DNKN) opened at 48.99 on Wednesday. Dunkin’ Brands Group has a 12 month low of $36.44 and a 12 month high of $52.30. The stock’s 50 day moving average is $49.80 and its 200-day moving average is $47.05. The stock has a market capitalization of $4.45 billion, a price-to-earnings ratio of 34.82 and a beta of 0.23.

Dunkin’ Brands Group (NASDAQ:DNKN) last released its earnings results on Thursday, October 20th. The company reported $0.60 EPS for the quarter, topping analysts’ consensus estimates of $0.59 by $0.01. The business earned $207.10 million during the quarter, compared to analysts’ expectations of $163.51 million. Dunkin’ Brands Group had a net margin of 15.98% and a negative return on equity of 95.96%. The company’s quarterly revenue was down 1.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.52 earnings per share. On average, equities research analysts expect that Dunkin’ Brands Group will post $2.22 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 30th. Shareholders of record on Monday, November 21st will be given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.45%. The ex-dividend date is Thursday, November 17th. Dunkin’ Brands Group’s dividend payout ratio is presently 85.11%.

In other Dunkin’ Brands Group news, insider William M. Mitchell sold 5,648 shares of the stock in a transaction that occurred on Friday, August 5th. The shares were sold at an average price of $45.87, for a total value of $259,073.76. Following the sale, the insider now directly owns 5,648 shares of the company’s stock, valued at approximately $259,073.76. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. 2.90% of the stock is currently owned by company insiders.

Hedge funds and other institutional investors have recently modified their holdings of the stock. Synovus Financial Corp boosted its position in shares of Dunkin’ Brands Group by 158,666.7% in the third quarter. Synovus Financial Corp now owns 4,763 shares of the company’s stock valued at $250,000 after buying an additional 4,760 shares during the last quarter. World Asset Management Inc bought a new position in shares of Dunkin’ Brands Group during the third quarter valued at about $312,000. Great West Life Assurance Co. Can boosted its position in shares of Dunkin’ Brands Group by 5.0% in the third quarter. Great West Life Assurance Co. Can now owns 55,924 shares of the company’s stock valued at $2,911,000 after buying an additional 2,679 shares during the last quarter. Blue Fin Capital Inc. bought a new position in shares of Dunkin’ Brands Group during the third quarter valued at about $218,000. Finally, Nationwide Fund Advisors boosted its stake in shares of Dunkin’ Brands Group by 0.3% in the third quarter. Nationwide Fund Advisors now owns 170,035 shares of the company’s stock worth $8,855,000 after buying an additional 566 shares in the last quarter. Institutional investors and hedge funds own 96.93% of the company’s stock.

Related posts

Leave a Comment