November 29, 2016 - By Hazel Jackson
Credit Suisse currently has a $57.0 target price per share on the $4.93B market cap company or 6.03% upside potential. In a note revealed to investors and clients on 29 November, Dunkin Brands (DNKN) stock had its “Outperform” Rating reaffirmed by investment analysts at Credit Suisse.
Out of 2 analysts covering Dunkin Brands (DNKN), 1 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 50% are positive. $57.0 is the highest target while $54.0 is the lowest. The $55.50 average target is 2.87% above today’s ($53.95) stock price. Dunkin Brands has been the topic of 2 analyst reports since September 27, 2016 according to StockzIntelligence Inc. The company was maintained on Tuesday, September 27 by Maxim Group. The firm earned “Sector Perform” rating on Monday, October 17 by RBC Capital Markets.
About 196,830 shares traded hands. Dunkin Brands Group Inc (DNKN) has risen 12.35% since April 26, 2016 and is uptrending. It has outperformed by 7.09% the S&P500.
Analysts await Dunkin Brands Group Inc (NASDAQ:DNKN) to report earnings on February, 2. They expect $0.61 EPS, up 17.31% or $0.09 from last year’s $0.52 per share. DNKN’s profit will be $55.72 million for 22.12 P/E if the $0.61 EPS becomes a reality. After $0.60 actual EPS reported by Dunkin Brands Group Inc for the previous quarter, Wall Street now forecasts 1.67% EPS growth.
Insitutional Activity: The institutional sentiment decreased to 0.84 in 2016 Q2. Its down 0.21, from 1.05 in 2016Q1. The ratio dived, as 39 funds sold all Dunkin Brands Group Inc shares owned while 88 reduced positions. 34 funds bought stakes while 99 increased positions. They now own 85.63 million shares or 4.38% less from 89.55 million shares in 2016Q1.
Montag And Caldwell Ltd Com has invested 0.02% of its portfolio in Dunkin Brands Group Inc (NASDAQ:DNKN). Jfs Wealth Advsr Ltd Co holds 0.01% or 640 shares in its portfolio. Tocqueville Asset Mngmt Limited Partnership accumulated 76,683 shares or 0.04% of the stock. Deprince Race And Zollo Incorporated owns 825,297 shares or 0.73% of their US portfolio. The California-based Wells Fargo & Company Mn has invested 0.01% in Dunkin Brands Group Inc (NASDAQ:DNKN). Anderson Hoagland And has 14,475 shares for 0.39% of their US portfolio. First Trust Advsrs Limited Partnership accumulated 0.02% or 125,818 shares. Parallax Volatility Advisers Lp owns 14,316 shares or 0% of their US portfolio. Wagner Bowman Mgmt owns 9,342 shares or 0.16% of their US portfolio. Atria Invs Ltd Company accumulated 9,291 shares or 0.04% of the stock. Us Savings Bank De holds 0% of its portfolio in Dunkin Brands Group Inc (NASDAQ:DNKN) for 2,969 shares. Moreover, Barrett Asset Limited Liability Company has 0.34% invested in Dunkin Brands Group Inc (NASDAQ:DNKN) for 89,863 shares. Moreover, Legal And General Grp Inc Public Ltd Com has 0% invested in Dunkin Brands Group Inc (NASDAQ:DNKN) for 22,682 shares. The California-based Checchi Cap Advisers Limited Liability Com has invested 0% in Dunkin Brands Group Inc (NASDAQ:DNKN). Capstone Asset Mngmt holds 10,222 shares or 0.01% of its portfolio.
Insider Transactions: Since August 1, 2016, the stock had 0 insider purchases, and 9 insider sales for $3.81 million net activity. COSTELLO JOHN H also sold $577,107 worth of Dunkin Brands Group Inc (NASDAQ:DNKN) shares. Mitchell William M also sold $259,074 worth of Dunkin Brands Group Inc (NASDAQ:DNKN) on Friday, August 5. $179,701 worth of shares were sold by CARBONE PAUL C on Friday, November 4. The insider Murphy Scott sold $885,563. EMMETT RICHARD J sold $236,650 worth of stock or 5,000 shares. Clare John L. had sold 9,768 shares worth $478,241 on Monday, October 31. The insider VARUGHESE JOHN sold $348,365.
Dunkin’ Brands Group, Inc. is a franchisor of quick service restaurants serving hot and cold coffee and baked goods, as well as hard serve ice cream. The company has a market cap of $4.93 billion. The Firm franchises restaurants under its Dunkin’ Donuts and Baskin-Robbins brands. It has a 38.12 P/E ratio. The Firm operates its business through four divisions, which include Dunkin’ Donuts-U.S., Dunkin’ Donuts International, Baskin-Robbins International and Baskin-Robbins-U.S.
According to Zacks Investment Research, “Dunkin’ Brands Group, Inc. owns, operates, and franchises quick service restaurants worldwide. It serves hot and cold coffee and baked goods, as well as ice cream. Its brands include Dunkin’ Donuts and Baskin-Robbins. Dunkin’ Brands Group is headquartered in Canton, Massachusetts.”
Dunkin’ Brands Group, Inc., incorporated on November 22, 2005, is a franchisor of quick service restaurants (QSRs) serving hot and cold coffee and baked goods, as well as hard serve ice cream. The Firm franchises restaurants under its Dunkin’ Donuts and Baskin-Robbins brands. The Firm operates its business through four divisions, which include Dunkin’ Donuts-U.S., Dunkin’ Donuts International, Baskin-Robbins International and Baskin-Robbins-U.S. The Firm has over 18,000 points of distribution in approximately 60 countries across the world. It has over 11,750 Dunkin’ Donuts points of distribution, of which approximately 8,430 are in the United States and over 3,320 are international, and approximately 7,610 Baskin-Robbins points of distribution, of which over 5,104 are international and approximately 2,500 are in the United States.
More recent Dunkin Brands Group Inc (NASDAQ:DNKN) news were published by: Forbes.com which released: “Ex-Dividend Reminder: Dunkin’ Brands Group, Ormat Technologies and Southern” on November 15, 2016. Also Prnewswire.com published the news titled: “Dunkin’ Donuts Celebrates National Espresso Day with $1.99 Medium Hot or Iced …” on November 23, 2016. Finance.Yahoo.com‘s news article titled: “Dunkin’ Brands Poised for Long-Term Growth, Risks Remain” with publication date: November 17, 2016 was also an interesting one.
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