Dunkin' Donuts to eliminate foam cups worldwide by 2020

Lloyd Doyle
February 7, 2018

Zacks Investment Research's sales calculations are a mean average based on a survey of sell-side analysts that cover Dunkin Brands Group. (NASDAQ:DNKN) to report $0.63 EPS on February, 8.They anticipate $0.01 EPS change or 1.56 % from last quarter's $0.64 EPS. Earnings, adjusted for one-time gains and costs, were 64 cents per share, beating analyst expectations of 63 cents per share, according to Zacks Investment Research. Dunkin Brands Group had a negative return on equity of 140.12% and a net margin of 24.91%.

Total sales climbed 5.3 percent to $227.1 million in the quarter, on higher franchise fees and the first gain in same-store sales by all four Dunkin' Brands business segments in almost three years. During the same quarter a year ago, the business earned $0.64 earnings per share. Credit Suisse Group reiterated a "buy" rating and set a $68.00 price target (up from $61.00) on shares of Dunkin Brands Group in a report on Thursday, December 21st.

Deprince Race & Zollo Inc decreased Dunkin Brands Group Inc (DNKN) stake by 7.75% reported in 2017Q3 SEC filing.

Among 29 analysts covering Dunkin Brands (NASDAQ:DNKN), 14 have Buy rating, 3 Sell and 12 Hold. The stock now has a consensus rating of "Hold" and an average target price of $62.20.

Shares of Dunkin Brands Group (DNKN) opened at $59.71 on Monday. Dunkin Brands Group Inc now has $5.39B valuation. The company has a market capitalization of $5,495.25, a P/E ratio of 25.04, a P/E/G ratio of 1.47 and a beta of 0.21. The company has a quick ratio of 1.43, a current ratio of 1.43 and a debt-to-equity ratio of -13.82. This repurchase authorization allows the restaurant operator to repurchase shares of its stock through open market purchases. Stock buyback plans are typically a sign that the company's board of directors believes its stock is undervalued.

A number of institutional investors have recently added to or reduced their stakes in DNKN. Griffin Asset Management Inc. bought a new position in shares of Dunkin Brands Group in the third quarter worth $1,986,000.

Dunkin' Brands Group Inc reported quarterly profit on Tuesday that exceeded analyst estimates as revenue came in stronger than expected amid a bitter fast-food price war, but shares fell amid indications of a weak start in January.

McDonald's last week reported a 4.5 percent rise in US sales at established restaurants and has ramped up pressure on rivals with the launch of its $1, $2, $3 value menu, which includes breakfast items, in early January. Alliancebernstein L.P. increased its holdings in shares of Dunkin Brands Group by 1.4% in the second quarter.

Shares in Dunkin' Brands, which also owns the Baskin-Robbins ice cream shop brand, were down 1.1 percent at $60.20 in midday trading. Moon Capital Management LLC purchased a new stake in shares of Dunkin Brands Group during the 4th quarter valued at about $193,000. Vanguard Group Inc. now owns 7,265,562 shares of the restaurant operator's stock valued at $400,478,000 after purchasing an additional 103,573 shares during the period. Finally, Parsons Capital Management Inc. Oregon Pub Employees Retirement Fund has invested 0.03% of its portfolio in Dunkin' Brands Group, Inc.

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