News headlines about Dunkin Brands Group (NASDAQ:DNKN) have trended positive on Sunday, Accern reports. Accern scores the sentiment of press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Dunkin Brands Group earned a news sentiment score of 0.41 on Accern’s scale. Accern also assigned news coverage about the restaurant operator an impact score of 45.0364604632003 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
These are some of the media stories that may have effected Accern’s scoring:
Shares of Dunkin Brands Group (DNKN) traded down $1.94 on Friday, hitting $62.34. The company’s stock had a trading volume of 915,142 shares, compared to its average volume of 819,910. Dunkin Brands Group has a one year low of $50.86 and a one year high of $68.45. The firm has a market cap of $5,630.74, a price-to-earnings ratio of 27.22, a price-to-earnings-growth ratio of 1.54 and a beta of 0.21. The company has a debt-to-equity ratio of -13.82, a quick ratio of 1.43 and a current ratio of 1.43.
Dunkin Brands Group announced that its board has initiated a stock buyback plan on Thursday, October 26th that permits the company to buyback $650.00 million in outstanding shares. This buyback authorization permits the restaurant operator to purchase shares of its stock through open market purchases. Shares buyback plans are often an indication that the company’s management believes its stock is undervalued.
DNKN has been the topic of a number of analyst reports. BMO Capital Markets set a $58.00 price objective on shares of Dunkin Brands Group and gave the company a “hold” rating in a research report on Friday, October 27th. William Blair raised Dunkin Brands Group from a “market perform” rating to an “outperform” rating in a report on Monday, January 22nd. Zacks Investment Research raised Dunkin Brands Group from a “hold” rating to a “buy” rating and set a $74.00 target price for the company in a report on Thursday, January 4th. Credit Suisse Group reaffirmed a “buy” rating and set a $68.00 price target (up previously from $61.00) on shares of Dunkin Brands Group in a research note on Thursday, December 21st. Finally, Robert W. Baird reaffirmed a “buy” rating and set a $63.00 price target on shares of Dunkin Brands Group in a research note on Friday, October 20th. Three investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and ten have assigned a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $61.00.
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About Dunkin Brands Group
Dunkin’ Brands Group, Inc is a franchisor of quick service restaurants (QSRs) serving hot and cold coffee and baked goods, as well as hard serve ice cream. The Company franchises restaurants under its Dunkin’ Donuts and Baskin-Robbins brands. The Company operates through four segments: Dunkin’ Donuts-U.S., Dunkin’ Donuts International, Baskin-Robbins International and Baskin-Robbins-U.S.
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