Zacks Investment Research upgraded shares of Dunkin’ Brands Group, Inc. (NASDAQ:DNKN) from a sell rating to a hold rating in a research report report published on Monday.

According to Zacks, “Dunkin’ Brands’ earnings topped the Zacks Consensus Estimate in the last ten quarters. The licensing deals with KeurigGreenMountain and J.M. Smucker to sell Dunkin' K-Cup pods to retailers as well as online customers continue to expand Dunkin’s brand reach. The topline should gain from menu innovation and unit expansion plans. Also, the company’s franchised business model, sales initiatives like product launches, loyalty program along with enhanced digital offerings also bode well. Increased focus on establishing itself as a beverage leader should aid sales, going forward. Estimates are stable ahead of its third-quarter earnings release. Yet, the company’s shares underperformed its industry in the last year. Intense competition, soft consumer spending sitution and a shift in ice cream consumption in the United States raise concerns. Challenging comps growth in international markets at both its divisions is a headwind.”

DNKN has been the topic of several other research reports. BMO Capital Markets restated a hold rating on shares of Dunkin’ Brands Group in a research report on Wednesday, September 6th. Maxim Group restated a buy rating and issued a $64.00 price objective on shares of Dunkin’ Brands Group in a research report on Thursday, July 27th. Royal Bank Of Canada restated an outperform rating and issued a $64.00 price objective on shares of Dunkin’ Brands Group in a research report on Thursday, August 3rd. Stephens restated an equal weight rating and issued a $54.00 price objective on shares of Dunkin’ Brands Group in a research report on Wednesday, July 26th. Finally, Cowen and Company restated a hold rating and issued a $55.00 price objective on shares of Dunkin’ Brands Group in a research report on Friday, September 1st. Two research analysts have rated the stock with a sell rating, eleven have issued a hold rating and eight have issued a buy rating to the stock. The stock currently has an average rating of Hold and a consensus price target of $57.95.

Dunkin’ Brands Group (NASDAQ:DNKN) traded down 0.89% during midday trading on Monday, reaching $55.70. 372,489 shares of the company’s stock were exchanged. The firm has a market capitalization of $5.03 billion, a price-to-earnings ratio of 24.43 and a beta of 0.24. The firm’s 50 day moving average is $53.38 and its 200 day moving average is $54.53. Dunkin’ Brands Group has a 52 week low of $46.55 and a 52 week high of $59.70.

Dunkin’ Brands Group (NASDAQ:DNKN) last released its quarterly earnings data on Thursday, July 27th. The restaurant operator reported $0.64 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.62 by $0.02. Dunkin’ Brands Group had a negative return on equity of 141.72% and a net margin of 25.48%. The business had revenue of $218.50 million for the quarter, compared to analyst estimates of $220.77 million. During the same quarter in the prior year, the firm posted $0.57 EPS. The business’s quarterly revenue was up 1.0% compared to the same quarter last year. On average, equities analysts anticipate that Dunkin’ Brands Group will post $2.43 earnings per share for the current year.

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In other news, SVP Karen Raskopf sold 33,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 2nd. The stock was sold at an average price of $52.80, for a total transaction of $1,742,400.00. Following the completion of the transaction, the senior vice president now directly owns 33,000 shares of the company’s stock, valued at approximately $1,742,400. The sale was disclosed in a filing with the SEC, which is available at this link. Corporate insiders own 3.10% of the company’s stock.

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. IHT Wealth Management LLC acquired a new position in Dunkin’ Brands Group in the 2nd quarter valued at $104,000. US Bancorp DE raised its stake in Dunkin’ Brands Group by 1.8% in the 1st quarter. US Bancorp DE now owns 3,505 shares of the restaurant operator’s stock valued at $191,000 after purchasing an additional 63 shares during the last quarter. Proficio Capital Partners LLC raised its stake in Dunkin’ Brands Group by 0.7% in the 1st quarter. Proficio Capital Partners LLC now owns 10,459 shares of the restaurant operator’s stock valued at $593,000 after purchasing an additional 73 shares during the last quarter. Russell Investments Group Ltd. raised its stake in Dunkin’ Brands Group by 3.7% in the 1st quarter. Russell Investments Group Ltd. now owns 3,061 shares of the restaurant operator’s stock valued at $167,000 after purchasing an additional 109 shares during the last quarter. Finally, L & S Advisors Inc raised its stake in Dunkin’ Brands Group by 1.7% in the 2nd quarter. L & S Advisors Inc now owns 7,765 shares of the restaurant operator’s stock valued at $428,000 after purchasing an additional 130 shares during the last quarter. 92.73% of the stock is owned by hedge funds and other 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.

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

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