Dunkin Brands Group Inc (NASDAQ:DNKN) Receives $72.30 Average Price Target from Analysts

Shares of Dunkin Brands Group Inc (NASDAQ:DNKN) have earned a consensus rating of “Hold” from the twenty-eight analysts that are currently covering the stock, MarketBeat.com reports. Eighteen equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The average 12 month price objective among analysts that have covered the stock in the last year is $72.30.

DNKN has been the subject of a number of recent analyst reports. Oppenheimer reissued a “hold” rating on shares of Dunkin Brands Group in a research report on Friday, May 1st. BidaskClub raised Dunkin Brands Group from a “sell” rating to a “hold” rating in a research report on Thursday, March 26th. Jefferies Financial Group lifted their price target on Dunkin Brands Group from $50.00 to $60.00 and gave the stock a “hold” rating in a research report on Wednesday, April 22nd. UBS Group lowered their price target on Dunkin Brands Group from $82.00 to $66.00 and set a “neutral” rating for the company in a research report on Friday, May 1st. Finally, Goldman Sachs Group lifted their price target on Dunkin Brands Group from $48.00 to $54.00 and gave the stock a “neutral” rating in a research report on Wednesday, June 3rd.

Shares of Dunkin Brands Group stock traded up $0.50 during trading on Friday, reaching $65.08. The company’s stock had a trading volume of 290,987 shares, compared to its average volume of 1,009,485. The company has a market cap of $5.30 billion, a price-to-earnings ratio of 22.57, a P/E/G ratio of 2.45 and a beta of 0.88. Dunkin Brands Group has a 1-year low of $38.51 and a 1-year high of $84.74. The company has a 50-day simple moving average of $64.89 and a two-hundred day simple moving average of $66.90.

Dunkin Brands Group (NASDAQ:DNKN) last posted its quarterly earnings data on Thursday, April 30th. The restaurant operator reported $0.67 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.62 by $0.05. The firm had revenue of $323.10 million during the quarter, compared to analysts’ expectations of $300.49 million. Dunkin Brands Group had a negative return on equity of 42.33% and a net margin of 17.59%. The business’s quarterly revenue was up 1.3% on a year-over-year basis. During the same quarter last year, the firm earned $0.67 EPS. As a group, equities analysts predict that Dunkin Brands Group will post 2.58 EPS for the current year.

In related news, CFO Katherine D. Jaspon sold 7,000 shares of Dunkin Brands Group stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $66.00, for a total value of $462,000.00. Following the completion of the transaction, the chief financial officer now owns 12,730 shares in the company, valued at approximately $840,180. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 1.80% of the stock is owned by insiders.

A number of hedge funds have recently bought and sold shares of DNKN. Champlain Investment Partners LLC acquired a new stake in Dunkin Brands Group in the 1st quarter worth about $79,706,000. Norges Bank acquired a new position in shares of Dunkin Brands Group during the 4th quarter worth approximately $48,941,000. Morgan Stanley boosted its holdings in shares of Dunkin Brands Group by 122.2% during the 1st quarter. Morgan Stanley now owns 778,519 shares of the restaurant operator’s stock worth $41,340,000 after purchasing an additional 428,104 shares during the last quarter. HS Management Partners LLC boosted its holdings in shares of Dunkin Brands Group by 21.7% during the 1st quarter. HS Management Partners LLC now owns 1,736,194 shares of the restaurant operator’s stock worth $92,192,000 after purchasing an additional 309,140 shares during the last quarter. Finally, Squarepoint Ops LLC boosted its holdings in shares of Dunkin Brands Group by 416.3% during the 1st quarter. Squarepoint Ops LLC now owns 367,428 shares of the restaurant operator’s stock worth $19,510,000 after purchasing an additional 296,268 shares during the last quarter. Institutional investors own 86.53% of the company’s stock.

About Dunkin Brands Group

Dunkin' Brands Group, Inc, together with its subsidiaries, develops, franchises, and licenses quick service restaurants worldwide. The company operates through five segments: Dunkin' U.S., Dunkin' International, Baskin-Robbins International, Baskin-Robbins U.S., and U.S. Advertising Funds.

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Analyst Recommendations for Dunkin Brands Group (NASDAQ:DNKN)

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