Dunkin’ Brands Group, Inc. (NASDAQ:DNKN) was downgraded by equities researchers at BidaskClub from a “hold” rating to a “sell” rating in a report issued on Wednesday.

A number of other brokerages have also issued reports on DNKN. Argus raised Dunkin’ Brands Group from a “hold” rating to a “buy” rating and increased their price target for the company from $58.84 to $68.00 in a research note on Tuesday, June 6th. Mizuho assumed coverage on Dunkin’ Brands Group in a research report on Thursday, June 8th. They set a “neutral” rating and a $56.00 price objective for the company. Barclays PLC increased their price objective on Dunkin’ Brands Group from $62.00 to $65.00 and gave the company an “overweight” rating in a research report on Wednesday, May 31st. Cowen and Company reiterated a “market perform” rating on shares of Dunkin’ Brands Group in a research report on Friday, March 24th. Finally, Maxim Group reiterated a “buy” rating and set a $61.00 price objective on shares of Dunkin’ Brands Group in a research report on Friday, March 24th. Five equities research analysts have rated the stock with a sell rating, eight have given a hold rating and nine have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $55.89.

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

Dunkin’ Brands Group (NASDAQ:DNKN) last issued its quarterly earnings results on Thursday, May 4th. The restaurant operator reported $0.54 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.48 by $0.06. The firm had revenue of $190.70 million during the quarter, compared to analyst estimates of $192.36 million. Dunkin’ Brands Group had a negative return on equity of 133.92% and a net margin of 24.81%. The firm’s quarterly revenue was up .5% on a year-over-year basis. During the same period last year, the company posted $0.44 EPS. On average, equities research analysts predict that Dunkin’ Brands Group will post $2.43 earnings per share for the current fiscal year.

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Several hedge funds have recently added to or reduced their stakes in the stock. US Bancorp DE raised its stake in Dunkin’ Brands Group by 1.8% in the first quarter. US Bancorp DE now owns 3,505 shares of the restaurant operator’s stock worth $191,000 after buying an additional 63 shares during the last quarter. Proficio Capital Partners LLC raised its stake in shares of Dunkin’ Brands Group by 0.7% in the first quarter. Proficio Capital Partners LLC now owns 10,459 shares of the restaurant operator’s stock valued at $593,000 after buying an additional 73 shares in the last quarter. Russell Investments Group Ltd. raised its stake in shares of Dunkin’ Brands Group by 3.7% in the first quarter. Russell Investments Group Ltd. now owns 3,061 shares of the restaurant operator’s stock valued at $167,000 after buying an additional 109 shares in the last quarter. Creative Planning raised its stake in shares of Dunkin’ Brands Group by 1.6% in the first quarter. Creative Planning now owns 8,954 shares of the restaurant operator’s stock valued at $490,000 after buying an additional 140 shares in the last quarter. Finally, PNC Financial Services Group Inc. raised its stake in shares of Dunkin’ Brands Group by 3.9% in the first quarter. PNC Financial Services Group Inc. now owns 7,006 shares of the restaurant operator’s stock valued at $382,000 after buying an additional 266 shares in the last quarter. Institutional investors own 94.26% of the company’s stock.

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)

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