Dunkin Brands Group Inc (NASDAQ:DNKN) insider Richard J. Emmett sold 10,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 7th. The shares were sold at an average price of $70.97, for a total transaction of $709,700.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.
NASDAQ DNKN opened at $71.53 on Friday. The company has a quick ratio of 1.50, a current ratio of 1.53 and a debt-to-equity ratio of -3.72. Dunkin Brands Group Inc has a 52 week low of $50.89 and a 52 week high of $73.49. The company has a market cap of $6.00 billion, a price-to-earnings ratio of 27.14, a PEG ratio of 2.11 and a beta of 0.34.
Dunkin Brands Group (NASDAQ:DNKN) last posted its quarterly earnings results on Thursday, July 26th. The restaurant operator reported $0.77 EPS for the quarter, topping the consensus estimate of $0.74 by $0.03. Dunkin Brands Group had a net margin of 32.48% and a negative return on equity of 50.62%. The company had revenue of $350.64 million during the quarter, compared to analysts’ expectations of $343.38 million. During the same quarter in the previous year, the business posted $0.64 EPS. The firm’s revenue was up 4.9% on a year-over-year basis. research analysts expect that Dunkin Brands Group Inc will post 2.72 EPS for the current fiscal year.
Large investors have recently modified their holdings of the company. Advisors Preferred LLC lifted its position in shares of Dunkin Brands Group by 797.1% during the 2nd quarter. Advisors Preferred LLC now owns 1,857 shares of the restaurant operator’s stock worth $128,000 after buying an additional 1,650 shares during the last quarter. GAM Holding AG purchased a new stake in shares of Dunkin Brands Group during the 2nd quarter worth approximately $200,000. CIBC Asset Management Inc purchased a new stake in shares of Dunkin Brands Group during the 2nd quarter worth approximately $202,000. Brown Advisory Inc. purchased a new stake in shares of Dunkin Brands Group during the 2nd quarter worth approximately $208,000. Finally, Delta Capital Management LLC purchased a new stake in shares of Dunkin Brands Group during the 2nd quarter worth approximately $214,000. Institutional investors and hedge funds own 98.86% of the company’s stock.
DNKN has been the topic of a number of research analyst reports. ValuEngine downgraded shares of Dunkin Brands Group from a “buy” rating to a “hold” rating in a research note on Tuesday, May 29th. BidaskClub cut shares of Dunkin Brands Group from a “strong-buy” rating to a “buy” rating in a report on Thursday, July 26th. Robert W. Baird restated a “buy” rating and issued a $80.00 price objective on shares of Dunkin Brands Group in a report on Thursday, July 26th. Jefferies Financial Group restated a “hold” rating and issued a $67.00 price objective on shares of Dunkin Brands Group in a report on Friday, July 27th. Finally, Argus lifted their price objective on shares of Dunkin Brands Group from $76.00 to $78.00 and gave the company a “buy” rating in a report on Tuesday, July 31st. One research analyst has rated the stock with a sell rating, eleven have given a hold rating and fourteen have given a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $67.68.
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 four segments: Dunkin' Donuts U.S., Dunkin' Donuts International, Baskin-Robbins International, and Baskin-Robbins U.S. Its restaurants offer hot and cold coffee, baked goods, donuts, bagels, muffins, breakfast sandwiches, hard and soft serve ice creams, frozen yogurts, shakes, malts, floats, and cakes.
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