Maxim Group reaffirmed their buy rating on shares of Dunkin’ Brands Group, Inc. (NASDAQ:DNKN) in a research note published on Tuesday. Maxim Group currently has a $64.00 price objective on the restaurant operator’s stock.

A number of other brokerages have also weighed in on DNKN. Zacks Investment Research raised shares of Dunkin’ Brands Group from a sell rating to a hold rating in a research note on Monday, October 16th. BidaskClub raised shares of Dunkin’ Brands Group from a sell rating to a hold rating in a research note on Saturday, August 5th. JMP Securities upped their target price on shares of Dunkin’ Brands Group from $59.00 to $62.00 and gave the stock an outperform rating in a research note on Wednesday, September 6th. Royal Bank Of Canada reaffirmed an outperform rating and issued a $64.00 target price on shares of Dunkin’ Brands Group in a research note on Wednesday, August 9th. Finally, Cowen and Company reaffirmed a hold rating and issued a $55.00 target price on shares of Dunkin’ Brands Group in a research note on Friday, September 1st. Two investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and eight have given a buy rating to the stock. The company currently has a consensus rating of Hold and a consensus price target of $58.32.

Shares of Dunkin’ Brands Group (DNKN) traded up 1.16% during mid-day trading on Tuesday, hitting $56.61. The company had a trading volume of 753,053 shares. Dunkin’ Brands Group has a one year low of $46.55 and a one year high of $59.70. The firm’s 50-day moving average price is $53.63 and its 200 day moving average price is $54.56. The company has a market capitalization of $5.11 billion, a P/E ratio of 24.83 and a beta of 0.24.

Dunkin’ Brands Group (NASDAQ:DNKN) last announced its earnings results on Thursday, July 27th. The restaurant operator reported $0.64 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.62 by $0.02. The firm had revenue of $218.50 million during the quarter, compared to analyst estimates of $220.77 million. Dunkin’ Brands Group had a net margin of 25.48% and a negative return on equity of 141.72%. The company’s revenue for the quarter was up 1.0% compared to the same quarter last year. During the same period in the prior year, the business earned $0.57 EPS. Analysts predict that Dunkin’ Brands Group will post $2.43 earnings per share for the current fiscal year.

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In other news, SVP Karen Raskopf sold 33,000 shares of the company’s stock in a transaction dated 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 sale, the senior vice president now directly owns 33,000 shares of the company’s stock, valued at approximately $1,742,400. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 3.10% of the stock is currently owned by corporate insiders.

Several hedge funds have recently modified their holdings of the company. Denali Advisors LLC raised its holdings in Dunkin’ Brands Group by 288.8% in the 3rd quarter. Denali Advisors LLC now owns 152,400 shares of the restaurant operator’s stock valued at $8,089,000 after acquiring an additional 113,200 shares during the period. Oakbrook Investments LLC bought a new position in Dunkin’ Brands Group in the 3rd quarter valued at about $265,000. Mutual of America Capital Management LLC raised its holdings in Dunkin’ Brands Group by 1.6% in the 3rd quarter. Mutual of America Capital Management LLC now owns 74,586 shares of the restaurant operator’s stock valued at $3,959,000 after acquiring an additional 1,162 shares during the period. Navellier & Associates Inc raised its holdings in Dunkin’ Brands Group by 5.2% in the 2nd quarter. Navellier & Associates Inc now owns 94,229 shares of the restaurant operator’s stock valued at $5,194,000 after acquiring an additional 4,658 shares during the period. Finally, Cetera Investment Advisers bought a new position in Dunkin’ Brands Group in the 2nd quarter valued at about $278,000. 92.73% of the stock is currently owned by institutional investors.

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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