BidaskClub Upgrades Dunkin’ Brands (DNKN) to Sell

Dunkin’ Brands (NASDAQ:DNKN) was upgraded by equities research analysts at BidaskClub from a “strong sell” rating to a “sell” rating in a report released on Friday.

DNKN has been the topic of a number of other research reports. Zacks Investment Research upgraded shares of Dunkin’ Brands from a “hold” rating to a “buy” rating and set a $74.00 price target on the stock in a research note on Thursday, January 4th. Piper Jaffray Companies reiterated a “neutral” rating and issued a $62.00 price target (up previously from $59.00) on shares of Dunkin’ Brands in a research note on Thursday, February 22nd. William Blair upgraded shares of Dunkin’ Brands from a “market perform” rating to an “outperform” rating in a research note on Monday, January 22nd. Jefferies Group upgraded shares of Dunkin’ Brands from an “underperform” rating to a “hold” rating and upped their price target for the company from $48.00 to $56.00 in a research note on Saturday, December 30th. Finally, Barclays reiterated an “overweight” rating and issued a $70.00 price target (up previously from $63.00) on shares of Dunkin’ Brands in a research note on Tuesday, January 16th. Three investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and ten have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $63.20.

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Dunkin’ Brands (NASDAQ:DNKN) opened at $59.06 on Friday. The firm has a market cap of $4,858.16, a PE ratio of 24.30, a PEG ratio of 1.67 and a beta of 0.29. Dunkin’ Brands has a 52 week low of $50.89 and a 52 week high of $68.45. The company has a debt-to-equity ratio of 361.71, a quick ratio of 2.79 and a current ratio of 2.79.

Dunkin’ Brands (NASDAQ:DNKN) last released its quarterly earnings data on Tuesday, February 6th. The restaurant operator reported $0.64 earnings per share for the quarter, topping the consensus estimate of $0.63 by $0.01. The company had revenue of $227.10 million for the quarter, compared to analyst estimates of $220.54 million. Dunkin’ Brands had a net margin of 40.77% and a negative return on equity of 190.44%. Dunkin’ Brands’s revenue for the quarter was up 5.3% compared to the same quarter last year. During the same period in the previous year, the business earned $0.64 EPS. research analysts predict that Dunkin’ Brands will post 2.66 earnings per share for the current fiscal year.

In other Dunkin’ Brands news, insider William M. Mitchell sold 46,180 shares of the stock in a transaction that occurred on Wednesday, February 14th. The shares were sold at an average price of $61.30, for a total transaction of $2,830,834.00. Following the transaction, the insider now owns 33,000 shares in the company, valued at approximately $2,022,900. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, COO Scott Murphy sold 4,750 shares of the stock in a transaction that occurred on Wednesday, February 21st. The stock was sold at an average price of $61.83, for a total transaction of $293,692.50. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 455,581 shares of company stock worth $28,320,199. Company insiders own 3.10% of the company’s stock.

Several large investors have recently made changes to their positions in the business. Janus Henderson Group PLC grew its position in shares of Dunkin’ Brands by 0.3% during the 3rd quarter. Janus Henderson Group PLC now owns 8,626,960 shares of the restaurant operator’s stock worth $457,919,000 after purchasing an additional 21,819 shares in the last quarter. BlackRock Inc. grew its position in shares of Dunkin’ Brands by 0.7% during the 4th quarter. BlackRock Inc. now owns 7,322,621 shares of the restaurant operator’s stock worth $472,088,000 after purchasing an additional 51,795 shares in the last quarter. Jackson Square Partners LLC grew its position in shares of Dunkin’ Brands by 2.7% during the 4th quarter. Jackson Square Partners LLC now owns 1,818,261 shares of the restaurant operator’s stock worth $117,223,000 after purchasing an additional 47,703 shares in the last quarter. First Manhattan Co. lifted its holdings in shares of Dunkin’ Brands by 9.4% during the 4th quarter. First Manhattan Co. now owns 1,601,113 shares of the restaurant operator’s stock worth $103,223,000 after acquiring an additional 137,051 shares during the period. Finally, Westfield Capital Management Co. LP lifted its holdings in shares of Dunkin’ Brands by 11.2% during the 3rd quarter. Westfield Capital Management Co. LP now owns 977,879 shares of the restaurant operator’s stock worth $51,906,000 after acquiring an additional 98,615 shares during the period. Hedge funds and other institutional investors own 97.66% of the company’s stock.

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Dunkin’ Brands Company Profile

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.

Analyst Recommendations for Dunkin` Brands (NASDAQ:DNKN)

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