Recent Analysts’ Ratings Changes for Dunkin Brands Group (DNKN)

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

  • 10/30/2018 – Dunkin Brands Group had its price target raised by analysts at Citigroup Inc from $83.00 to $87.00. They now have a “buy” rating on the stock.
  • 10/26/2018 – Dunkin Brands Group had its price target raised by analysts at BMO Capital Markets from $78.00 to $81.00. They now have an “outperform” rating on the stock.
  • 10/26/2018 – Dunkin Brands Group was given a new $76.00 price target on by analysts at UBS Group AG. They now have a “hold” rating on the stock.
  • 10/26/2018 – Dunkin Brands Group had its price target raised by analysts at Jefferies Financial Group Inc from $67.00 to $70.00. They now have a “hold” rating on the stock.
  • 10/25/2018 – Dunkin Brands Group had its “buy” rating reaffirmed by analysts at Maxim Group. They now have a $83.00 price target on the stock. They wrote, “Dunkin’ Brands (DNKN) announced 3Q18 (Sep) pro forma EPS of $0.83, which beat our $0.72 estimate and the $0.73 Street mean. A lower-than-expected tax rate added $0.09 to EPS.””
  • 10/24/2018 – Dunkin Brands Group was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $81.00 price target on the stock. According to Zacks, “Dunkin’ Brands’ shares have outperformed the industry in the past year. Dunkin’ Brands’ earnings topped the Zacks Consensus Estimate in the trailing six out of seven quarters. Estimates for 2018 have increased by 0.4% over the past 60 days. The top line should continue to gain from menu innovation and unit expansion plans. Also, the company’s franchised business model, sales initiatives like product launches, loyalty program along with enhanced digital offerings also bode well. Increased focus on establishing itself as a beverage leader should aid sales, going forward. Meanwhile, Dunkin’ Donuts is working on the design of its restaurant image and plans to have beta locations in market by later this year. However, intense competition from larger fast casual companies and a choppy sales environment in the United States are concerns.”
  • 10/18/2018 – Dunkin Brands Group is now covered by analysts at Gordon Haskett. They set a “hold” rating and a $70.00 price target on the stock.
  • 10/16/2018 – Dunkin Brands Group had its price target raised by analysts at Wells Fargo & Co from $66.00 to $67.00. They now have a “market perform” rating on the stock.
  • 10/13/2018 – Dunkin Brands Group was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
  • 10/9/2018 – Dunkin Brands Group had its price target raised by analysts at Barclays PLC from $75.00 to $78.00. They now have an “overweight” rating on the stock.
  • 10/8/2018 – Dunkin Brands Group had its price target raised by analysts at Robert W. Baird from $80.00 to $82.00. They now have a “positive” rating on the stock.
  • 10/4/2018 – Dunkin Brands Group was downgraded by analysts at TheStreet from a “b” rating to a “c+” rating.
  • 10/3/2018 – Dunkin Brands Group is now covered by analysts at KeyCorp. They set a “sector weight” rating on the stock.
  • 9/26/2018 – Dunkin Brands Group had its price target raised by analysts at Maxim Group from $77.00 to $83.00. They now have a “buy” rating on the stock. They noted that the move was a valuation call. They noted that the move was a valuation call.
  • 9/18/2018 – Dunkin Brands Group was downgraded by analysts at BidaskClub from a “strong-buy” rating to a “buy” rating.
  • 9/14/2018 – Dunkin Brands Group was downgraded by analysts at Royal Bank of Canada from an “outperform” rating to a “sector perform” rating. They now have a $76.02 price target on the stock. They noted that the move was a valuation call. They noted that the move was a valuation call.
  • 9/11/2018 – Dunkin Brands Group had its price target raised by analysts at Goldman Sachs Group Inc from $49.00 to $54.00. They now have a “sell” rating on the stock.

Shares of DNKN opened at $72.94 on Wednesday. Dunkin Brands Group Inc has a 1 year low of $55.60 and a 1 year high of $77.13. The company has a market capitalization of $6.04 billion, a PE ratio of 30.02, a P/E/G ratio of 2.05 and a beta of 0.33.

Dunkin Brands Group (NASDAQ:DNKN) last released its quarterly earnings results on Thursday, October 25th. The restaurant operator reported $0.83 EPS for the quarter, topping the Zacks’ consensus estimate of $0.73 by $0.10. The business had revenue of $350.01 million for the quarter, compared to analyst estimates of $344.17 million. Dunkin Brands Group had a negative return on equity of 41.14% and a net margin of 30.28%. Research analysts predict that Dunkin Brands Group Inc will post 2.84 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 5th. Investors of record on Monday, November 26th will be given a dividend of $0.3475 per share. The ex-dividend date is Friday, November 23rd. This represents a $1.39 dividend on an annualized basis and a yield of 1.91%. Dunkin Brands Group’s dividend payout ratio (DPR) is presently 57.20%.

In related news, insider Richard J. Emmett sold 30,000 shares of the stock in a transaction that occurred on Tuesday, October 30th. The stock was sold at an average price of $73.00, for a total transaction of $2,190,000.00. Following the sale, the insider now directly owns 43,050 shares in the company, valued at approximately $3,142,650. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Chairman Nigel Travis sold 83,030 shares of the stock in a transaction that occurred on Wednesday, October 31st. The stock was sold at an average price of $73.54, for a total value of $6,106,026.20. Following the sale, the chairman now owns 338,411 shares in the company, valued at $24,886,744.94. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 571,346 shares of company stock worth $41,299,827. 3.00% of the stock is owned by corporate insiders.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Coastline Trust Co grew its position in Dunkin Brands Group by 5.2% during the 3rd quarter. Coastline Trust Co now owns 15,060 shares of the restaurant operator’s stock worth $1,110,000 after acquiring an additional 750 shares during the last quarter. First National Bank of Omaha grew its position in Dunkin Brands Group by 21.5% during the 3rd quarter. First National Bank of Omaha now owns 4,260 shares of the restaurant operator’s stock worth $314,000 after acquiring an additional 755 shares during the last quarter. Aviance Capital Management LLC grew its position in Dunkin Brands Group by 27.5% during the 2nd quarter. Aviance Capital Management LLC now owns 3,642 shares of the restaurant operator’s stock worth $252,000 after acquiring an additional 785 shares during the last quarter. Louisiana State Employees Retirement System grew its position in Dunkin Brands Group by 3.7% during the 2nd quarter. Louisiana State Employees Retirement System now owns 22,400 shares of the restaurant operator’s stock worth $1,547,000 after acquiring an additional 800 shares during the last quarter. Finally, MetLife Investment Advisors LLC grew its position in Dunkin Brands Group by 1.6% during the 2nd quarter. MetLife Investment Advisors LLC now owns 52,145 shares of the restaurant operator’s stock worth $3,602,000 after acquiring an additional 812 shares during the last quarter. Institutional investors and hedge funds own 99.10% of the company’s stock.

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.

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