Dunkin’ Brands Group, Inc. (NASDAQ:DNKN) – Equities researchers at William Blair boosted their Q3 2017 EPS estimates for shares of Dunkin’ Brands Group in a note issued to investors on Thursday. William Blair analyst S. Zackfia now expects that the restaurant operator will post earnings of $0.62 per share for the quarter, up from their previous forecast of $0.61. William Blair also issued estimates for Dunkin’ Brands Group’s Q4 2017 earnings at $0.63 EPS and FY2018 earnings at $2.65 EPS.

Other analysts also recently issued reports about the stock. Zacks Investment Research upgraded shares of Dunkin’ Brands Group from a “hold” rating to a “buy” rating and set a $60.00 target price on the stock in a report on Monday, July 17th. Royal Bank Of Canada restated a “buy” rating and set a $64.00 price target on shares of Dunkin’ Brands Group in a report on Friday, July 21st. Maxim Group restated a “buy” rating and set a $64.00 price target on shares of Dunkin’ Brands Group in a report on Thursday, July 27th. Robert W. Baird restated a “buy” rating and set a $63.00 price target on shares of Dunkin’ Brands Group in a report on Friday. Finally, Stephens restated an “equal weight” rating and set a $54.00 price target on shares of Dunkin’ Brands Group in a report on Wednesday, July 26th. Two research analysts have rated the stock with a sell rating, eleven have given a hold rating and eight have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $58.32.

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Dunkin’ Brands Group (DNKN) opened at 56.61 on Monday. Dunkin’ Brands Group has a 12-month low of $46.55 and a 12-month high of $59.70. The company has a 50-day moving average price of $53.63 and a 200 day moving average price of $54.56. The stock has a market cap of $5.11 billion, a price-to-earnings ratio of 24.83 and a beta of 0.24.

Dunkin’ Brands Group (NASDAQ:DNKN) last posted its earnings results on Thursday, July 27th. The restaurant operator reported $0.64 EPS for the quarter, beating the consensus estimate of $0.62 by $0.02. The firm had revenue of $218.50 million for the quarter, compared to analyst estimates of $220.77 million. Dunkin’ Brands Group had a negative return on equity of 141.72% and a net margin of 25.48%. Dunkin’ Brands Group’s revenue for the quarter was up 1.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.57 earnings per share.

A number of hedge funds have recently bought and sold shares of DNKN. Janus Henderson Group PLC bought a new stake in Dunkin’ Brands Group in the second quarter worth approximately $474,315,000. BlackRock Inc. grew its position in Dunkin’ Brands Group by 13,874.6% in the first quarter. BlackRock Inc. now owns 7,169,364 shares of the restaurant operator’s stock worth $392,023,000 after acquiring an additional 7,118,061 shares in the last quarter. Victory Capital Management Inc. grew its position in Dunkin’ Brands Group by 82.0% in the second quarter. Victory Capital Management Inc. now owns 1,269,121 shares of the restaurant operator’s stock worth $69,954,000 after acquiring an additional 571,831 shares in the last quarter. Renaissance Technologies LLC bought a new stake in Dunkin’ Brands Group in the first quarter worth approximately $30,654,000. Finally, State of New Jersey Common Pension Fund D bought a new stake in Dunkin’ Brands Group in the second quarter worth approximately $22,048,000. 92.73% of the stock is owned by institutional investors.

In other Dunkin’ Brands Group news, SVP Karen Raskopf sold 33,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 2nd. The shares were sold at an average price of $52.80, for a total value of $1,742,400.00. Following the transaction, the senior vice president now owns 33,000 shares in the company, valued at approximately $1,742,400. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 3.10% of the stock is currently owned by corporate insiders.

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.

Earnings History and Estimates for Dunkin` Brands Group (NASDAQ:DNKN)

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