Dunkin’ Brands Group, Inc. (NASDAQ:DNKN) – Equities research analysts at William Blair raised their Q3 2017 earnings estimates for shares of Dunkin’ Brands Group in a report issued on Thursday. William Blair analyst S. Zackfia now expects that the restaurant operator will post earnings per share of $0.62 for the quarter, up from their prior estimate 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.

Dunkin’ Brands Group (NASDAQ:DNKN) last issued its earnings results on Thursday, July 27th. The restaurant operator reported $0.64 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.62 by $0.02. The business had revenue of $218.50 million for 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% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.57 EPS.

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DNKN has been the subject of a number of other reports. BMO Capital Markets reissued a “hold” rating on shares of Dunkin’ Brands Group in a report on Wednesday, September 6th. Maxim Group reissued a “buy” rating and issued a $64.00 price target on shares of Dunkin’ Brands Group in a report on Thursday, July 27th. Royal Bank Of Canada reissued an “outperform” rating and issued a $64.00 price target on shares of Dunkin’ Brands Group in a report on Thursday, August 3rd. Zacks Investment Research downgraded shares of Dunkin’ Brands Group from a “buy” rating to a “hold” rating in a report on Monday, July 31st. Finally, Stephens reissued an “equal weight” rating and issued a $54.00 price target on shares of Dunkin’ Brands Group in a report on Wednesday, July 26th. Two analysts have rated the stock with a sell rating, eleven have given a hold rating and eight have issued a buy rating to the company’s stock. Dunkin’ Brands Group presently has an average rating of “Hold” and an average price target of $58.32.

Shares of Dunkin’ Brands Group (NASDAQ:DNKN) opened at 56.65 on Monday. The stock has a 50 day moving average of $53.77 and a 200-day moving average of $54.61. The firm has a market cap of $5.11 billion, a price-to-earnings ratio of 24.85 and a beta of 0.24. Dunkin’ Brands Group has a 52 week low of $46.55 and a 52 week high of $59.70.

Institutional investors have recently made changes to their positions in the stock. IHT Wealth Management LLC acquired a new stake in shares of Dunkin’ Brands Group during the 2nd quarter worth about $104,000. FNY Partners Fund LP increased its position in shares of Dunkin’ Brands Group by 13,233.3% during the 2nd quarter. FNY Partners Fund LP now owns 2,000 shares of the restaurant operator’s stock worth $110,000 after purchasing an additional 1,985 shares in the last quarter. Russell Investments Group Ltd. increased its position in shares of Dunkin’ Brands Group by 3.7% during the 1st quarter. Russell Investments Group Ltd. now owns 3,061 shares of the restaurant operator’s stock worth $167,000 after purchasing an additional 109 shares in the last quarter. Advisors Asset Management Inc. increased its position in Dunkin’ Brands Group by 12.1% in the 2nd quarter. Advisors Asset Management Inc. now owns 3,114 shares of the restaurant operator’s stock valued at $172,000 after acquiring an additional 336 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its position in Dunkin’ Brands Group by 8.5% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,315 shares of the restaurant operator’s stock valued at $183,000 after acquiring an additional 259 shares in the last quarter. Institutional investors and hedge funds own 92.73% of the company’s stock.

In related news, SVP Karen Raskopf sold 33,000 shares of the stock in a transaction dated Wednesday, August 2nd. The shares were sold at an average price of $52.80, for a total transaction of $1,742,400.00. Following the completion of the sale, the senior vice president now owns 33,000 shares in the company, valued at approximately $1,742,400. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 3.10% 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.

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

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