Dunkin Brands Group Inc (NASDAQ:DNKN) COO Scott Murphy sold 4,750 shares of Dunkin Brands Group stock in a transaction dated Wednesday, February 21st. The stock was sold at an average price of $61.83, for a total value of $293,692.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Shares of Dunkin Brands Group Inc (DNKN) opened at $61.98 on Friday. The company has a current ratio of 2.79, a quick ratio of 1.43 and a debt-to-equity ratio of 361.71. The firm has a market capitalization of $5,537.70, a P/E ratio of 16.27, a price-to-earnings-growth ratio of 1.71 and a beta of 0.21. Dunkin Brands Group Inc has a 12-month low of $50.89 and a 12-month high of $68.45.
Dunkin Brands Group (NASDAQ:DNKN) last posted its quarterly earnings data on Tuesday, February 6th. The restaurant operator reported $0.64 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.63 by $0.01. The business had revenue of $227.10 million for the quarter, compared to analysts’ expectations of $220.54 million. Dunkin Brands Group had a negative return on equity of 190.44% and a net margin of 40.77%. The business’s revenue was up 5.3% on a year-over-year basis. During the same period in the previous year, the firm posted $0.64 EPS. equities research analysts anticipate that Dunkin Brands Group Inc will post 2.68 earnings per share for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 21st. Shareholders of record on Monday, March 12th will be given a dividend of $0.3475 per share. This represents a $1.39 annualized dividend and a yield of 2.24%. This is a boost from Dunkin Brands Group’s previous quarterly dividend of $0.32. The ex-dividend date of this dividend is Friday, March 9th. Dunkin Brands Group’s payout ratio is presently 33.86%.
Several research analysts have recently commented on DNKN shares. BMO Capital Markets set a $58.00 price objective on Dunkin Brands Group and gave the stock a “hold” rating in a report on Friday, October 27th. William Blair raised Dunkin Brands Group from a “market perform” rating to an “outperform” rating in a research note on Monday, January 22nd. Zacks Investment Research raised Dunkin Brands Group from a “hold” rating to a “buy” rating and set a $74.00 target price on the stock in a research note on Thursday, January 4th. Credit Suisse Group reissued a “buy” rating and issued a $68.00 target price (up from $61.00) on shares of Dunkin Brands Group in a research note on Thursday, December 21st. Finally, Robert W. Baird set a $66.00 target price on Dunkin Brands Group and gave the stock a “buy” rating in a research note on Monday, October 30th. Three analysts have rated the stock with a sell rating, eight have issued a hold rating and ten have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $63.20.
Institutional investors have recently bought and sold shares of the business. Cerebellum GP LLC bought a new stake in Dunkin Brands Group during the 4th quarter valued at approximately $117,000. Aevitas Wealth Management Inc. bought a new stake in Dunkin Brands Group during the 4th quarter valued at approximately $130,000. Capital Analysts LLC bought a new stake in Dunkin Brands Group during the 4th quarter valued at approximately $134,000. SeaCrest Wealth Management LLC bought a new stake in Dunkin Brands Group during the 4th quarter valued at approximately $135,000. Finally, Aviance Capital Management LLC bought a new stake in Dunkin Brands Group during the 4th quarter valued at approximately $169,000. 85.24% of the stock is currently owned by institutional investors and hedge funds.
Dunkin Brands Group Company Profile
Dunkin’ Brands Group, Inc is a franchisor of quick service restaurants (QSRs) serving hot and cold coffee and baked goods, as well as hard serve ice cream. The Company franchises restaurants under its Dunkin’ Donuts and Baskin-Robbins brands. The Company operates through four segments: Dunkin’ Donuts-U.S., Dunkin’ Donuts International, Baskin-Robbins International and Baskin-Robbins-U.S.
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