Dunkin’ Brands Group, Inc. (DNKN) Stock Rating Lowered by BidaskClub

Dunkin’ Brands Group, Inc. (NASDAQ:DNKN) was downgraded by research analysts at BidaskClub from a “hold” rating to a “sell” rating in a research report issued on Wednesday, July 19th.

A number of other equities research analysts have also issued reports on DNKN. Mizuho began coverage on shares of Dunkin’ Brands Group in a research note on Thursday, June 8th. They set a “neutral” rating and a $56.00 target price for the company. Wedbush reissued a “hold” rating and set a $54.00 target price on shares of Dunkin’ Brands Group in a research note on Monday, May 15th. Cowen and Company restated a “market perform” rating on shares of Dunkin’ Brands Group in a report on Friday, March 24th. Barclays PLC raised their price target on shares of Dunkin’ Brands Group from $62.00 to $65.00 and gave the company an “overweight” rating in a report on Wednesday, May 31st. Finally, BMO Capital Markets raised their price target on shares of Dunkin’ Brands Group from $46.00 to $52.00 and gave the company a “market perform” rating in a report on Monday, May 15th. Three equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and eight have given a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $56.47.

Shares of Dunkin’ Brands Group (NASDAQ:DNKN) traded down 0.62% during mid-day trading on Wednesday, hitting $52.72. The stock had a trading volume of 1,022,302 shares. Dunkin’ Brands Group has a 52-week low of $46.55 and a 52-week high of $59.70. The firm has a 50 day moving average price of $53.82 and a 200 day moving average price of $54.95. The firm has a market cap of $4.76 billion, a PE ratio of 23.12 and a beta of 0.21.

Dunkin’ Brands Group (NASDAQ:DNKN) last posted its quarterly earnings data on Thursday, July 27th. The restaurant operator reported $0.64 EPS for the quarter, topping analysts’ consensus estimates of $0.62 by $0.02. The firm had revenue of $218.50 million during the quarter, compared to analyst estimates of $220.77 million. Dunkin’ Brands Group had a net margin of 25.48% and a negative return on equity of 141.72%. The company’s revenue was up 1.0% on a year-over-year basis. During the same quarter last year, the business posted $0.57 EPS. Equities analysts predict that Dunkin’ Brands Group will post $2.43 EPS for the current year.

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In other Dunkin’ Brands Group news, SVP Karen Raskopf sold 33,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 2nd. The shares were sold at an average price of $52.80, for a total value of $1,742,400.00. Following the completion of the sale, the senior vice president now owns 33,000 shares of the company’s stock, valued at $1,742,400. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 3.10% of the stock is currently owned by corporate insiders.

A number of large investors have recently modified their holdings of the stock. IHT Wealth Management LLC purchased a new stake in shares of Dunkin’ Brands Group during the second quarter valued at approximately $104,000. US Bancorp DE increased its stake in shares of Dunkin’ Brands Group by 1.8% in the first quarter. US Bancorp DE now owns 3,505 shares of the restaurant operator’s stock valued at $191,000 after buying an additional 63 shares during the last quarter. Proficio Capital Partners LLC increased its stake in shares of Dunkin’ Brands Group by 0.7% in the first quarter. Proficio Capital Partners LLC now owns 10,459 shares of the restaurant operator’s stock valued at $593,000 after buying an additional 73 shares during the last quarter. Russell Investments Group Ltd. increased its stake in shares of Dunkin’ Brands Group by 3.7% in the first quarter. Russell Investments Group Ltd. now owns 3,061 shares of the restaurant operator’s stock valued at $167,000 after buying an additional 109 shares during the last quarter. Finally, L & S Advisors Inc boosted its position in Dunkin’ Brands Group by 1.7% in the second quarter. L & S Advisors Inc now owns 7,765 shares of the restaurant operator’s stock valued at $428,000 after buying an additional 130 shares during the period. 97.91% 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.