Dunkin’ Brands Group, Inc. (NASDAQ:DNKN) – Stock analysts at William Blair issued their Q1 2018 EPS estimates for shares of Dunkin’ Brands Group in a report released on Thursday, Zacks Investment Research reports. William Blair analyst S. Zackfia anticipates that the restaurant operator will earn $0.52 per share for the quarter. William Blair also issued estimates for Dunkin’ Brands Group’s Q2 2018 earnings at $0.70 EPS, Q3 2018 earnings at $0.72 EPS, Q4 2018 earnings at $0.72 EPS, FY2018 earnings at $2.66 EPS and FY2019 earnings at $2.99 EPS.
DNKN has been the subject of several other research reports. Mizuho downgraded shares of Dunkin’ Brands Group from a “neutral” rating to an “underperform” rating and set a $56.00 price target for the company. in a report on Thursday, October 26th. BMO Capital Markets reissued a “hold” rating on shares of Dunkin’ Brands Group in a report on Wednesday, September 6th. Maxim Group reaffirmed a “buy” rating and issued a $64.00 price objective on shares of Dunkin’ Brands Group in a report on Thursday, July 27th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $64.00 price objective on shares of Dunkin’ Brands Group in a report on Thursday, August 3rd. Finally, Cowen and Company reaffirmed a “hold” rating and issued a $55.00 price objective on shares of Dunkin’ Brands Group in a report on Friday, October 27th. Three investment analysts have rated the stock with a sell rating, ten have issued a hold rating and eight have assigned a buy rating to the stock. Dunkin’ Brands Group presently has a consensus rating of “Hold” and a consensus target price of $58.58.
Shares of Dunkin’ Brands Group (NASDAQ DNKN) traded up $0.14 on Friday, hitting $56.54. 813,400 shares of the stock traded hands, compared to its average volume of 1,898,730. Dunkin’ Brands Group has a 52 week low of $48.53 and a 52 week high of $60.66. The firm has a market capitalization of $5,106.86, a P/E ratio of 23.27, a price-to-earnings-growth ratio of 1.76 and a beta of 0.30. The company has a current ratio of 1.43, a quick ratio of 1.38 and a debt-to-equity ratio of -13.82.
Dunkin’ Brands Group (NASDAQ:DNKN) last released its quarterly earnings data on Thursday, October 26th. The restaurant operator reported $0.61 EPS for the quarter, missing analysts’ consensus estimates of $0.63 by ($0.02). The business had revenue of $224.20 million during the quarter, compared to analyst estimates of $214.60 million. Dunkin’ Brands Group had a negative return on equity of 140.12% and a net margin of 24.91%. The business’s revenue for the quarter was up 8.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.60 EPS.
Dunkin’ Brands Group announced that its board has authorized a stock repurchase plan on Thursday, October 26th that allows the company to repurchase $650.00 million in shares. This repurchase authorization allows the restaurant operator to repurchase shares of its stock through open market purchases. Shares repurchase plans are typically a sign that the company’s management believes its shares are undervalued.
The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 6th. Shareholders of record on Monday, November 27th will be given a dividend of $0.322 per share. The ex-dividend date is Friday, November 24th. This represents a $1.29 dividend on an annualized basis and a yield of 2.28%. Dunkin’ Brands Group’s payout ratio is currently 56.33%.
A number of institutional investors have recently made changes to their positions in DNKN. Janus Henderson Group PLC bought a new stake in Dunkin’ Brands Group during the second quarter worth approximately $474,315,000. BlackRock Inc. boosted its position in Dunkin’ Brands Group by 13,874.6% during the first quarter. BlackRock Inc. now owns 7,169,364 shares of the restaurant operator’s stock worth $392,023,000 after purchasing an additional 7,118,061 shares during the period. Vaughan Nelson Investment Management L.P. bought a new stake in Dunkin’ Brands Group during the third quarter worth approximately $43,085,000. Victory Capital Management Inc. boosted its position in Dunkin’ Brands Group by 82.0% during the second quarter. Victory Capital Management Inc. now owns 1,269,121 shares of the restaurant operator’s stock worth $69,954,000 after purchasing an additional 571,831 shares during the period. Finally, Renaissance Technologies LLC bought a new stake in Dunkin’ Brands Group during the first quarter worth approximately $30,654,000. 93.08% of the stock is owned by hedge funds and other institutional investors.
Dunkin’ Brands Group Company Profile
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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