Wall Street analysts forecast that Dunkin Brands Group Inc (NASDAQ:DNKN) will report sales of $222.64 million for the current fiscal quarter, according to Zacks. Six analysts have provided estimates for Dunkin Brands Group’s earnings. The lowest sales estimate is $217.95 million and the highest is $234.20 million. Dunkin Brands Group posted sales of $215.71 million in the same quarter last year, which would indicate a positive year-over-year growth rate of 3.2%. The firm is scheduled to announce its next earnings results before the market opens on Tuesday, February 6th.
According to Zacks, analysts expect that Dunkin Brands Group will report full-year sales of $222.64 million for the current fiscal year, with estimates ranging from $851.32 million to $867.57 million. For the next financial year, analysts expect that the company will report sales of $870.84 million per share, with estimates ranging from $850.25 million to $889.71 million. Zacks Investment Research’s sales calculations are a mean average based on a survey of sell-side analysts that follow Dunkin Brands Group.
Dunkin Brands Group (NASDAQ:DNKN) last announced its earnings results on Thursday, October 26th. The restaurant operator reported $0.61 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.63 by ($0.02). Dunkin Brands Group had a negative return on equity of 140.12% and a net margin of 24.91%. The business had revenue of $224.20 million for the quarter, compared to the consensus estimate of $214.60 million. During the same period in the prior year, the business posted $0.60 earnings per share. The firm’s revenue for the quarter was up 8.3% compared to the same quarter last year.
Dunkin Brands Group (NASDAQ:DNKN) opened at $64.56 on Friday. Dunkin Brands Group has a fifty-two week low of $50.54 and a fifty-two week high of $66.44. The company has a market cap of $5,831.25, a P/E ratio of 26.57, a PEG ratio of 1.60 and a beta of 0.30. The company has a current ratio of 1.43, a quick ratio of 1.43 and a debt-to-equity ratio of -13.82.
Dunkin Brands Group declared that its Board of Directors has initiated a share repurchase plan on Thursday, October 26th that permits the company to repurchase $650.00 million in outstanding shares. This repurchase authorization permits the restaurant operator to repurchase shares of its stock through open market purchases. Shares repurchase plans are typically a sign that the company’s board of directors believes its stock is undervalued.
A number of large investors have recently made changes to their positions in DNKN. Janus Henderson Group PLC bought a new position in Dunkin Brands Group in the second quarter valued at approximately $474,315,000. Vaughan Nelson Investment Management L.P. bought a new position in Dunkin Brands Group in the third quarter valued at approximately $43,085,000. HS Management Partners LLC bought a new position in Dunkin Brands Group in the third quarter valued at approximately $17,590,000. State of New Jersey Common Pension Fund D increased its stake in Dunkin Brands Group by 60.0% in the third quarter. State of New Jersey Common Pension Fund D now owns 640,000 shares of the restaurant operator’s stock valued at $33,971,000 after acquiring an additional 240,000 shares during the last quarter. Finally, Balyasny Asset Management LLC increased its stake in Dunkin Brands Group by 377.1% in the second quarter. Balyasny Asset Management LLC now owns 294,753 shares of the restaurant operator’s stock valued at $16,247,000 after acquiring an additional 232,968 shares during the last quarter. 90.68% of the stock is currently owned by institutional investors and hedge funds.
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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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