Todays Report: Today, Dunkin’ Brands Group Inc. (DNKN) Rating Increased to Buy at TheStreet

Today, Dunkin’ Brands Group Inc. (DNKN) Rating Increased to Buy at TheStreet

Dunkin’ Brands Group Inc. (NASDAQ:DNKN) was upgraded by research analysts at TheStreet to a “buy” rating in a research report issued to clients and investors on Friday.

A number of other equities research analysts also recently weighed in on DNKN. Credit Suisse Group AG reissued a “buy” rating on shares of Dunkin’ Brands Group in a research note on Thursday, June 30th. Goldman Sachs Group Inc. upped their target price on shares of Dunkin’ Brands Group from $46.00 to $47.00 and gave the company a “neutral” rating in a research note on Wednesday, July 20th. BTIG Research reaffirmed a “neutral” rating on shares of Dunkin’ Brands Group in a research note on Thursday, July 21st. BMO Capital Markets reaffirmed a “hold” rating and issued a $46.00 target price on shares of Dunkin’ Brands Group in a research note on Friday, July 22nd. Finally, Robert W. Baird reaffirmed an “outperform” rating and issued a $52.00 target price on shares of Dunkin’ Brands Group in a research note on Monday, July 25th. Three investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and eight have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $48.03.

Shares of Dunkin’ Brands Group (NASDAQ:DNKN) opened at 50.66 on Friday. Dunkin’ Brands Group has a 1-year low of $36.44 and a 1-year high of $52.30. The company has a 50 day moving average of $49.82 and a 200 day moving average of $46.97. The firm has a market cap of $4.65 billion, a price-to-earnings ratio of 38.50 and a beta of 0.23.

Dunkin’ Brands Group (NASDAQ:DNKN) last posted its quarterly earnings results on Thursday, July 21st. The company reported $0.57 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.56 by $0.01. The business earned $216.30 million during the quarter, compared to the consensus estimate of $219.88 million. Dunkin’ Brands Group had a net margin of 15.13% and a negative return on equity of 106.20%. Dunkin’ Brands Group’s revenue for the quarter was up 2.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.50 earnings per share. On average, equities analysts forecast that Dunkin’ Brands Group will post $2.21 earnings per share for the current fiscal year.

In related news, insider John H. Costello sold 12,782 shares of Dunkin’ Brands Group stock in a transaction that occurred on Monday, August 1st. The shares were sold at an average price of $45.15, for a total transaction of $577,107.30. Following the sale, the insider now directly owns 19,671 shares in the company, valued at approximately $888,145.65. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider William M. Mitchell sold 5,648 shares of Dunkin’ Brands Group stock in a transaction that occurred on Friday, August 5th. The stock was sold at an average price of $45.87, for a total transaction of $259,073.76. Following the sale, the insider now owns 5,648 shares in the company, valued at $259,073.76. The disclosure for this sale can be found here. 2.90% of the stock is currently owned by insiders.

A number of large investors have recently bought and sold shares of DNKN. Webster Bank N. A. increased its stake in Dunkin’ Brands Group by 0.6% in the third quarter. Webster Bank N. A. now owns 76,315 shares of the company’s stock valued at $3,974,000 after buying an additional 480 shares in the last quarter. MSI Financial Services Inc increased its stake in Dunkin’ Brands Group by 3.6% in the third quarter. MSI Financial Services Inc now owns 4,942 shares of the company’s stock valued at $257,000 after buying an additional 172 shares in the last quarter. CT Financial Advisors LLC increased its stake in Dunkin’ Brands Group by 43.2% in the third quarter. CT Financial Advisors LLC now owns 4,510 shares of the company’s stock valued at $235,000 after buying an additional 1,360 shares in the last quarter. Creative Planning increased its stake in Dunkin’ Brands Group by 167.5% in the third quarter. Creative Planning now owns 8,671 shares of the company’s stock valued at $452,000 after buying an additional 5,430 shares in the last quarter. Finally, Oregon Public Employees Retirement Fund increased its stake in Dunkin’ Brands Group by 2.0% in the third quarter. Oregon Public Employees Retirement Fund now owns 31,555 shares of the company’s stock valued at $1,643,000 after buying an additional 632 shares in the last quarter. Institutional investors and hedge funds own 96.93% of the company’s stock.

Dunkin’ Brands Group Company Profile

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