Zacks: Analysts Anticipate Dunkin Brands Group Inc (NASDAQ:DNKN) Will Post Earnings of $0.69 Per Share

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Equities research analysts forecast that Dunkin Brands Group Inc (NASDAQ:DNKN) will post $0.69 earnings per share (EPS) for the current fiscal quarter, Zacks Investment Research reports. Nine analysts have provided estimates for Dunkin Brands Group’s earnings. The lowest EPS estimate is $0.68 and the highest is $0.73. Dunkin Brands Group posted earnings of $0.68 per share in the same quarter last year, which indicates a positive year over year growth rate of 1.5%. The firm is scheduled to report its next quarterly earnings report on Thursday, February 6th.

On average, analysts expect that Dunkin Brands Group will report full-year earnings of $3.12 per share for the current financial year, with EPS estimates ranging from $3.06 to $3.16. For the next year, analysts anticipate that the company will report earnings of $3.29 per share, with EPS estimates ranging from $3.18 to $3.42. Zacks’ earnings per share calculations are a mean average based on a survey of analysts that cover Dunkin Brands Group.

Dunkin Brands Group (NASDAQ:DNKN) last released its quarterly earnings results on Thursday, October 31st. The restaurant operator reported $0.90 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.81 by $0.09. The firm had revenue of $355.90 million during the quarter, compared to the consensus estimate of $357.91 million. Dunkin Brands Group had a net margin of 17.54% and a negative return on equity of 38.96%. The company’s revenue for the quarter was up 1.7% on a year-over-year basis. During the same quarter last year, the firm earned $0.83 earnings per share.

DNKN has been the subject of several recent analyst reports. OTR Global upgraded shares of Dunkin Brands Group from a “mixed” rating to a “positive” rating in a research report on Wednesday, October 9th. BidaskClub upgraded shares of Dunkin Brands Group from a “strong sell” rating to a “sell” rating in a research report on Thursday. Argus upgraded shares of Dunkin Brands Group from a “hold” rating to a “buy” rating and set a $92.00 price objective for the company in a research report on Wednesday, August 7th. Goldman Sachs Group initiated coverage on shares of Dunkin Brands Group in a research report on Monday, July 29th. They set a “neutral” rating and a $85.00 price objective for the company. Finally, BTIG Research reiterated a “hold” rating on shares of Dunkin Brands Group in a research report on Friday, November 1st. Three equities research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and four have given a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of $79.47.

DNKN stock opened at $76.29 on Friday. The company has a fifty day moving average price of $76.08 and a 200-day moving average price of $78.50. The company has a market capitalization of $6.26 billion, a P/E ratio of 26.31, a PEG ratio of 2.45 and a beta of 0.45. Dunkin Brands Group has a 52-week low of $61.69 and a 52-week high of $84.74.

Large investors have recently bought and sold shares of the business. Hexavest Inc. acquired a new stake in Dunkin Brands Group in the second quarter worth $250,000. SG Americas Securities LLC grew its holdings in Dunkin Brands Group by 167.8% in the second quarter. SG Americas Securities LLC now owns 17,846 shares of the restaurant operator’s stock worth $1,422,000 after purchasing an additional 11,182 shares during the period. Creative Planning grew its holdings in Dunkin Brands Group by 13.4% in the second quarter. Creative Planning now owns 5,769 shares of the restaurant operator’s stock worth $460,000 after purchasing an additional 682 shares during the period. Russell Investments Group Ltd. grew its holdings in Dunkin Brands Group by 60.8% in the third quarter. Russell Investments Group Ltd. now owns 165,412 shares of the restaurant operator’s stock worth $13,081,000 after purchasing an additional 62,533 shares during the period. Finally, Vanguard Group Inc. grew its holdings in Dunkin Brands Group by 0.3% in the second quarter. Vanguard Group Inc. now owns 7,482,263 shares of the restaurant operator’s stock worth $596,037,000 after purchasing an additional 20,772 shares during the period. Institutional investors and hedge funds own 87.91% of the company’s stock.

Dunkin Brands Group Company Profile

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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Earnings History and Estimates for Dunkin Brands Group (NASDAQ:DNKN)

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