Dunkin Brands Group (DNKN) Set to Announce Quarterly Earnings on Thursday
Dunkin Brands Group (NASDAQ:DNKN) is set to issue its Q214 quarterly earnings data on Thursday, July 24th. Analysts expect the company to announce earnings of $0.47 per share and revenue of $198.64 million for the quarter.
Shares of Dunkin Brands Group (NASDAQ:DNKN) opened at 43.74 on Wednesday. Dunkin Brands Group has a one year low of $40.51 and a one year high of $53.05. The stock has a 50-day moving average of $45.0 and a 200-day moving average of $47.28. The company has a market cap of $4.651 billion and a P/E ratio of 32.27.
Several analysts have recently commented on the stock. Analysts at Janney Montgomery Scott downgraded shares of Dunkin Brands Group from a “buy” rating to a “neutral” rating in a research note on Friday, July 18th. They now have a $45.00 price target on the stock, down previously from $56.00. On a related note, analysts at TheStreet downgraded shares of Dunkin Brands Group to a “hold” rating in a research note on Monday, May 12th. Finally, analysts at Citigroup Inc. reiterated a “buy” rating on shares of Dunkin Brands Group in a research note on Tuesday, April 29th. They now have a $54.00 price target on the stock. Three equities research analysts have rated the stock with a sell rating, five have issued a hold rating and six have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $52.10.
Dunkin’ Brands Group, Inc (NASDAQ:DNKN) is a franchisor of quick service restaurants (QSRs) serving hot and cold coffee and baked goods, as well as hard serve ice cream.
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