Favorable News Coverage Somewhat Unlikely to Impact Dunkin’ Brands Group (DNKN) Share Price
Media headlines about Dunkin’ Brands Group (NASDAQ:DNKN) have trended positive recently, according to Accern Sentiment Analysis. The research firm identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Dunkin’ Brands Group earned a media sentiment score of 0.35 on Accern’s scale. Accern also gave news articles about the restaurant operator an impact score of 45.8206272755092 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
These are some of the news articles that may have impacted Accern Sentiment Analysis’s scoring:
- Dunkin’ Donuts Announces Four New Restaurants In Expansion Plan For Raleigh, North Carolina With Existing Franchisee Awale Networks, Inc. (finance.yahoo.com)
- Dunkin’ Donuts Partners with DoorDash for Expanded Delivery Service in Select Areas of New York and New Jersey (finance.yahoo.com)
- Why Dunkin' Brands Stock Rose 11% in October (finance.yahoo.com)
- How Starbucks Bets Big on China – TheStreet.com (thestreet.com)
- Risk Factors in Focus – Dunkin’ Brands Group, Inc., (NASDAQ: DNKN) – Stock Watch (stocksnewstimes.com)
Shares of Dunkin’ Brands Group (NASDAQ:DNKN) opened at $58.49 on Wednesday. The stock has a market cap of $5,277.73, a price-to-earnings ratio of 24.06, a price-to-earnings-growth ratio of 1.82 and a beta of 0.30. Dunkin’ Brands Group has a twelve month low of $47.31 and a twelve month high of $60.66. The company has a debt-to-equity ratio of -13.72, a current ratio of 1.43 and a quick ratio of 1.38.
Dunkin’ Brands Group (NASDAQ:DNKN) last announced its quarterly earnings results on Thursday, October 26th. The restaurant operator reported $0.61 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.63 by ($0.02). The firm had revenue of $224.20 million during the quarter, compared to the consensus estimate of $214.60 million. Dunkin’ Brands Group had a negative return on equity of 140.12% and a net margin of 24.91%. Dunkin’ Brands Group’s revenue was up 8.3% on a year-over-year basis. During the same period last year, the business earned $0.60 EPS. equities analysts expect that Dunkin’ Brands Group will post 2.42 earnings per share for the current year.
The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 6th. Shareholders of record on Monday, November 27th will be issued a $0.322 dividend. This represents a $1.29 dividend on an annualized basis and a yield of 2.20%. The ex-dividend date is Friday, November 24th. Dunkin’ Brands Group’s dividend payout ratio (DPR) is presently 56.33%.
Dunkin’ Brands Group announced that its Board of Directors has initiated a share repurchase program on Thursday, October 26th that permits the company to repurchase $650.00 million in outstanding shares. This repurchase authorization permits the restaurant operator to buy shares of its stock through open market purchases. Shares repurchase programs are often an indication that the company’s leadership believes its shares are undervalued.
Several research firms have recently weighed in on DNKN. Robert W. Baird set a $66.00 price objective on shares of Dunkin’ Brands Group and gave the company a “buy” rating in a research report on Monday, October 30th. Mizuho cut shares of Dunkin’ Brands Group from a “neutral” rating to an “underperform” rating and set a $56.00 price objective on the stock. in a research report on Thursday, October 26th. Maxim Group restated a “buy” rating and set a $64.00 price objective on shares of Dunkin’ Brands Group in a research report on Thursday, October 26th. Wedbush restated a “hold” rating and set a $56.00 price objective on shares of Dunkin’ Brands Group in a research report on Friday, October 27th. Finally, Cowen and Company restated a “hold” rating and set a $55.00 price objective on shares of Dunkin’ Brands Group in a research report on Friday, October 27th. Three investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and eight have issued a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $58.58.
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About Dunkin’ Brands Group
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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