November 30, 2016 - By Linda Rogers
New York: In an analyst note shared with investors on Tuesday morning, Credit Suisse kept their Outperform rating on shares of Dunkin Brands Group (NASDAQ:DNKN). They currently have a $57.00 target on the company. Credit Suisse’s target would indicate a potential upside of 5.24% from the company’s last stock price.
Out of 22 analysts covering Dunkin Brands (NASDAQ:DNKN), 9 rate it a “Buy”, 1 “Sell”, while 12 “Hold”. This means 41% are positive. $62 is the highest target while $42 is the lowest. The $50.07 average target is -7.60% below today’s ($54.19) stock price. Dunkin Brands has been the topic of 41 analyst reports since July 29, 2015 according to StockzIntelligence Inc. Barclays Capital maintained the stock with “Overweight” rating in Friday, October 2 report. On Tuesday, February 2 the stock rating was maintained by Maxim Group with “Buy”. Maxim Group maintained Dunkin Brands Group Inc (NASDAQ:DNKN) on Tuesday, September 27 with “Buy” rating. On Tuesday, November 29 the stock rating was maintained by Credit Suisse with “Outperform”. The stock of Dunkin Brands Group Inc (NASDAQ:DNKN) earned “Hold” rating by Guggenheim on Monday, March 7. The company was downgraded on Monday, October 17 by RBC Capital Markets. Piper Jaffray downgraded the stock to “Neutral” rating in Friday, October 23 report. The stock of Dunkin Brands Group Inc (NASDAQ:DNKN) has “Neutral” rating given on Monday, October 26 by UBS. As per Monday, October 19, the company rating was downgraded by Credit Suisse. Maxim Group initiated it with “Buy” rating and $61 target price in Friday, August 28 report.
The stock increased 0.80% or $0.43 during the last trading session, hitting $54.19. Dunkin Brands Group Inc (NASDAQ:DNKN) has risen 13.23% since April 27, 2016 and is uptrending. It has outperformed by 8.00% 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 $55.72M for 22.21 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 turned negative, 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.
New Jersey Better Educational Savings Trust last reported 0.35% of its portfolio in the stock. Mariner Wealth Advsr Ltd Limited Liability Company accumulated 6,170 shares or 0.01% of the stock. Credit Agricole S A has 21,985 shares for 0% of their US portfolio. Guyasuta Advisors, a Pennsylvania-based fund reported 10,035 shares. Hall Laurie J Trustee accumulated 1,175 shares or 0.04% of the stock. Investors Cap Advisory Ser holds 0.09% of its portfolio in Dunkin Brands Group Inc (NASDAQ:DNKN) for 10,625 shares. Price T Rowe Associate Inc Md accumulated 0.01% or 1.29 million shares. Gemmer Asset Limited Liability owns 82 shares or 0% of their US portfolio. Texas Permanent School Fund holds 70,070 shares or 0.04% of its portfolio. M&T Bancorp Corporation last reported 0% of its portfolio in the stock. Bislett Management Limited Liability Co has 1.51% invested in the company for 50,000 shares. Moreover, Of Vermont has 0% invested in Dunkin Brands Group Inc (NASDAQ:DNKN) for 40 shares. Invesco Limited has 0.02% invested in the company for 1.10M shares. State Board Of Administration Of Florida Retirement Systems holds 0.02% or 136,199 shares in its portfolio. Tortoise Investment Limited Liability Company owns 104 shares or 0% of their US portfolio.
Insider Transactions: Since August 1, 2016, the stock had 0 buys, and 9 insider sales for $3.81 million net activity. 18,750 shares with value of $885,563 were sold by Murphy Scott on Friday, November 4. Raskopf Karen also sold $507,780 worth of Dunkin Brands Group Inc (NASDAQ:DNKN) shares. $577,107 worth of Dunkin Brands Group Inc (NASDAQ:DNKN) shares were sold by COSTELLO JOHN H. CARBONE PAUL C sold 3,804 shares worth $179,701. 5,648 shares with value of $259,074 were sold by Mitchell William M on Friday, August 5. 7,095 shares with value of $348,365 were sold by VARUGHESE JOHN on Friday, October 28. EMMETT RICHARD J sold $236,650 worth of Dunkin Brands Group Inc (NASDAQ:DNKN) on Wednesday, November 2.
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 $4.95 billion. The Firm franchises restaurants under its Dunkin’ Donuts and Baskin-Robbins brands. It has a 38.29 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 important 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 Wsj.com published article titled: “Dunkin’ Brands Franchisees Slowing on Store Openings”, Wsj.com published: “Former McDonald’s Executive to Give Up More Than $6 Million in Move to Dunkin …” on September 22, 2016. More interesting news about Dunkin Brands Group Inc (NASDAQ:DNKN) was released by: Prnewswire.com and their article: “Dunkin’ Donuts Announces Return Of “Pats Win, You Win” Coffee Offer For DD …” with publication date: August 30, 2016.
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By Linda Rogers