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

Dunkin’ Brands (NASDAQ:DNKN) has been given an average rating of “Hold” by the twenty-one research firms that are covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating and nine have issued a buy rating on the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $63.83.

Several equities research analysts have recently weighed in on the stock. Wells Fargo decreased their target price on shares of Dunkin’ Brands from $56.00 to $54.00 and set a “market perform” rating for the company in a research note on Friday, February 9th. Morgan Stanley decreased their target price on shares of Dunkin’ Brands from $69.00 to $67.00 and set an “equal weight” rating for the company in a research note on Monday, March 26th. BidaskClub downgraded shares of Dunkin’ Brands from a “hold” rating to a “sell” rating in a research note on Saturday, February 3rd. BMO Capital Markets set a $64.00 target price on shares of Dunkin’ Brands and gave the stock a “hold” rating in a research note on Friday, January 12th. Finally, Stephens increased their target price on shares of Dunkin’ Brands from $54.00 to $66.00 and gave the stock a “weight” rating in a research note on Monday, February 5th.

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In related news, CEO Nigel Travis sold 57,296 shares of the firm’s stock in a transaction dated Tuesday, February 20th. The shares were sold at an average price of $63.24, for a total value of $3,623,399.04. Following the completion of the sale, the chief executive officer now owns 327,957 shares in the company, valued at $20,740,000.68. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Richard J. Emmett sold 4,500 shares of the firm’s stock in a transaction dated Friday, February 16th. The shares were sold at an average price of $62.84, for a total transaction of $282,780.00. Following the completion of the sale, the insider now owns 16,542 shares of the company’s stock, valued at approximately $1,039,499.28. The disclosure for this sale can be found here. In the last 90 days, insiders sold 455,581 shares of company stock valued at $28,320,199. 3.00% of the stock is owned by insiders.

A number of large investors have recently made changes to their positions in DNKN. HS Management Partners LLC lifted its position in Dunkin’ Brands by 78.4% in the fourth quarter. HS Management Partners LLC now owns 591,145 shares of the restaurant operator’s stock valued at $38,111,000 after purchasing an additional 259,750 shares during the period. Landscape Capital Management L.L.C. acquired a new stake in shares of Dunkin’ Brands during the 4th quarter valued at approximately $13,251,000. Quantitative Investment Management LLC acquired a new stake in shares of Dunkin’ Brands during the 4th quarter valued at approximately $9,973,000. First Manhattan Co. lifted its position in shares of Dunkin’ Brands by 9.4% during the 4th quarter. First Manhattan Co. now owns 1,601,113 shares of the restaurant operator’s stock valued at $103,223,000 after acquiring an additional 137,051 shares during the period. Finally, First Quadrant L P CA acquired a new stake in shares of Dunkin’ Brands during the 4th quarter valued at approximately $8,308,000. Hedge funds and other institutional investors own 97.14% of the company’s stock.

Shares of DNKN stock opened at $60.62 on Thursday. The stock has a market cap of $4,982.43, a price-to-earnings ratio of 24.95, a PEG ratio of 1.70 and a beta of 0.30. Dunkin’ Brands has a 1 year low of $50.89 and a 1 year high of $68.45. The company has a debt-to-equity ratio of 361.71, a quick ratio of 2.79 and a current ratio of 2.79.

Dunkin’ Brands (NASDAQ:DNKN) last issued its quarterly earnings data on Tuesday, February 6th. The restaurant operator reported $0.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.63 by $0.01. The company had revenue of $227.10 million for the quarter, compared to analyst estimates of $220.54 million. Dunkin’ Brands had a negative return on equity of 190.44% and a net margin of 40.77%. The business’s quarterly revenue was up 5.3% compared to the same quarter last year. During the same quarter last year, the company posted $0.64 earnings per share. analysts predict that Dunkin’ Brands will post 2.66 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 21st. Investors of record on Monday, March 12th were given a $0.3475 dividend. The ex-dividend date of this dividend was Friday, March 9th. This represents a $1.39 dividend on an annualized basis and a yield of 2.29%. This is an increase from Dunkin’ Brands’s previous quarterly dividend of $0.32. Dunkin’ Brands’s dividend payout ratio (DPR) is presently 57.20%.

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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)

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