BidaskClub cut shares of Dunkin’ Brands Group, Inc. (NASDAQ:DNKN) from a hold rating to a sell rating in a report released on Wednesday morning.

DNKN has been the topic of a number of other reports. Maxim Group reiterated a buy rating on shares of Dunkin’ Brands Group in a research note on Monday, April 10th. Goldman Sachs Group, Inc. (The) cut Dunkin’ Brands Group from a neutral rating to a sell rating and lowered their target price for the stock from $48.00 to $47.00 in a research note on Wednesday, March 29th. They noted that the move was a valuation call. Zacks Investment Research upgraded Dunkin’ Brands Group from a hold rating to a buy rating and set a $60.00 target price on the stock in a research note on Monday, July 17th. Bank of America Corporation reiterated a neutral rating and set a $62.00 target price (up from $60.00) on shares of Dunkin’ Brands Group in a research note on Tuesday, June 13th. Finally, Royal Bank Of Canada upgraded Dunkin’ Brands Group from a sector perform rating to an outperform rating and lifted their target price for the stock from $54.00 to $64.00 in a research note on Monday, May 1st. Five analysts have rated the stock with a sell rating, eight have given a hold rating and nine have issued a buy rating to the company. The stock presently has a consensus rating of Hold and an average target price of $55.89.

Dunkin’ Brands Group (DNKN) traded up 0.49% during trading on Wednesday, hitting $53.62. 1,627,316 shares of the company’s stock traded hands. The company’s 50 day moving average price is $55.84 and its 200 day moving average price is $54.75. Dunkin’ Brands Group has a 52-week low of $43.81 and a 52-week high of $59.70. The company has a market cap of $4.94 billion, a PE ratio of 24.15 and a beta of 0.22.

Dunkin’ Brands Group (NASDAQ:DNKN) last released its earnings results on Thursday, May 4th. The restaurant operator reported $0.54 EPS for the quarter, topping the Zacks’ consensus estimate of $0.48 by $0.06. The company had revenue of $190.70 million for the quarter, compared to analysts’ expectations of $192.36 million. Dunkin’ Brands Group had a negative return on equity of 133.92% and a net margin of 24.81%. The business’s revenue for the quarter was up .5% compared to the same quarter last year. During the same period in the previous year, the business posted $0.44 EPS. Analysts expect that Dunkin’ Brands Group will post $2.43 earnings per share for the current year.

COPYRIGHT VIOLATION WARNING: This report was originally reported by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this report on another publication, it was illegally copied and reposted in violation of United States & international trademark & copyright laws. The legal version of this report can be viewed at https://www.thecerbatgem.com/2017/07/22/bidaskclub-lowers-dunkin-brands-group-inc-dnkn-to-sell.html.

Several hedge funds and other institutional investors have recently modified their holdings of the company. Navellier & Associates Inc raised its position in shares of Dunkin’ Brands Group by 5.6% in the first quarter. Navellier & Associates Inc now owns 89,571 shares of the restaurant operator’s stock valued at $4,898,000 after buying an additional 4,722 shares during the last quarter. Retirement Systems of Alabama raised its position in shares of Dunkin’ Brands Group by 12.2% in the first quarter. Retirement Systems of Alabama now owns 271,175 shares of the restaurant operator’s stock valued at $14,828,000 after buying an additional 29,536 shares during the last quarter. State of Alaska Department of Revenue raised its position in shares of Dunkin’ Brands Group by 5.2% in the first quarter. State of Alaska Department of Revenue now owns 18,645 shares of the restaurant operator’s stock valued at $1,019,000 after buying an additional 919 shares during the last quarter. Anderson Hoagland & Co. raised its position in shares of Dunkin’ Brands Group by 20.7% in the first quarter. Anderson Hoagland & Co. now owns 17,475 shares of the restaurant operator’s stock valued at $956,000 after buying an additional 3,000 shares during the last quarter. Finally, Louisiana State Employees Retirement System raised its position in shares of Dunkin’ Brands Group by 2.2% in the first quarter. Louisiana State Employees Retirement System now owns 23,200 shares of the restaurant operator’s stock valued at $1,269,000 after buying an additional 500 shares during the last quarter. 94.26% of the stock is owned by institutional investors.

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.

Analyst Recommendations for Dunkin` Brands Group (NASDAQ:DNKN)

Receive News & Stock Ratings for Dunkin' Brands Group Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dunkin' Brands Group Inc. and related stocks with our FREE daily email newsletter.