Dunkin Brands Group’s (DNKN) Hold Rating Reiterated at Maxim Group

Dunkin Brands Group (NASDAQ:DNKN)‘s stock had its “hold” rating reiterated by research analysts at Maxim Group in a research report issued to clients and investors on Tuesday, April 16th, AnalystRatings.com reports. They presently have a $79.00 price objective on the restaurant operator’s stock. Maxim Group’s price objective indicates a potential upside of 6.37% from the stock’s current price.

Other research analysts also recently issued research reports about the stock. Zacks Investment Research restated a “buy” rating and issued a $74.00 price target on shares of Dunkin Brands Group in a research report on Monday, December 31st. Citigroup dropped their price target on shares of Dunkin Brands Group from $87.00 to $82.00 and set a “buy” rating on the stock in a research report on Thursday, February 14th. BidaskClub downgraded shares of Dunkin Brands Group from a “buy” rating to a “hold” rating in a research report on Wednesday, January 16th. UBS Group set a $72.00 price target on shares of Dunkin Brands Group and gave the stock a “hold” rating in a research report on Friday, February 8th. Finally, OTR Global downgraded shares of Dunkin Brands Group to a “positive” rating in a research report on Friday, January 25th. Three equities research analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and five have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $70.05.

NASDAQ:DNKN traded up $0.57 during mid-day trading on Tuesday, hitting $74.27. 603,900 shares of the company’s stock were exchanged, compared to its average volume of 792,338. Dunkin Brands Group has a fifty-two week low of $61.69 and a fifty-two week high of $77.50. The company has a market cap of $6.09 billion, a PE ratio of 25.61, a P/E/G ratio of 2.31 and a beta of 0.47.

Dunkin Brands Group (NASDAQ:DNKN) last posted its earnings results on Thursday, May 2nd. The restaurant operator reported $0.67 EPS for the quarter, topping the consensus estimate of $0.62 by $0.05. Dunkin Brands Group had a net margin of 17.33% and a negative return on equity of 33.52%. The business had revenue of $319.10 million for the quarter, compared to the consensus estimate of $312.38 million. During the same period last year, the company earned $0.62 EPS. The firm’s revenue was up 5.9% compared to the same quarter last year. On average, equities analysts predict that Dunkin Brands Group will post 2.98 earnings per share for the current fiscal year.

In other Dunkin Brands Group news, insider John L. Clare sold 17,129 shares of Dunkin Brands Group stock in a transaction on Thursday, February 14th. The shares were sold at an average price of $69.00, for a total transaction of $1,181,901.00. Following the transaction, the insider now directly owns 36,776 shares of the company’s stock, valued at approximately $2,537,544. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Scott Murphy sold 10,011 shares of Dunkin Brands Group stock in a transaction on Friday, May 3rd. The stock was sold at an average price of $74.53, for a total transaction of $746,119.83. Following the transaction, the chief operating officer now directly owns 20,233 shares in the company, valued at $1,507,965.49. The disclosure for this sale can be found here. Insiders own 1.70% of the company’s stock.

Institutional investors and hedge funds have recently bought and sold shares of the business. Thrivent Financial for Lutherans boosted its holdings in shares of Dunkin Brands Group by 5.9% in the 3rd quarter. Thrivent Financial for Lutherans now owns 20,022 shares of the restaurant operator’s stock worth $1,476,000 after buying an additional 1,118 shares during the last quarter. California State Teachers Retirement System boosted its holdings in shares of Dunkin Brands Group by 2.4% in the 4th quarter. California State Teachers Retirement System now owns 130,545 shares of the restaurant operator’s stock worth $8,371,000 after buying an additional 3,070 shares during the last quarter. State of Alaska Department of Revenue boosted its holdings in shares of Dunkin Brands Group by 6.6% in the 4th quarter. State of Alaska Department of Revenue now owns 34,320 shares of the restaurant operator’s stock worth $2,200,000 after buying an additional 2,126 shares during the last quarter. IFP Advisors Inc boosted its holdings in shares of Dunkin Brands Group by 3.3% in the 4th quarter. IFP Advisors Inc now owns 17,825 shares of the restaurant operator’s stock worth $1,130,000 after buying an additional 564 shares during the last quarter. Finally, Teachers Advisors LLC boosted its holdings in shares of Dunkin Brands Group by 19.5% in the 3rd quarter. Teachers Advisors LLC now owns 121,320 shares of the restaurant operator’s stock worth $8,944,000 after buying an additional 19,761 shares during the last quarter. 93.71% of the stock is currently owned by hedge funds and other institutional investors.

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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Analyst Recommendations for Dunkin Brands Group (NASDAQ:DNKN)

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