Dunkin’ Brands Receives a Buy from Credit SuisseBy Carrie Williams
According to TipRanks.com, West is a 5-star analyst with an average return of 7.8% and a 63.2% success rate. West covers the Services sector, focusing on stocks such as Restaurant Brands International, Buffalo Wild Wings, and Ruth’s Hospitality.
Dunkin’ Brands has an analyst consensus of Moderate Buy, with a price target consensus of $52.17.
Based on Dunkin’ Brands’ latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $207 million and quarterly net profit of $52.71 million. In comparison, last year the company earned revenue of $210 million and had a net profit of $46.22 million.
Based on the recent corporate insider activity of 23 insiders, corporate insider sentiment is negative on the stock. Earlier this month, Scott Murphy, the SVP, Chief Supply Officer of DNKN sold 18,750 shares for a total of $885,563.
Dunkin Brands Group, Inc. operates as a franchisor of quick service restaurants, serving hot and cold coffee and baked goods, as well as hard serve ice cream. It operates through four segments: Dunkin’ Donuts U.S., Dunkin’ Donuts International, Baskin-Robbins International and Baskin-Robbins U.S. The company operates franchise restaurants under Dunkin’ Donuts and Baskin-Robbins brands. The Baskin-Robbins brand include hard-serve ice cream, soft serve ice cream, frozen yogurt, shakes, malts and floats. The Dunkin’ Donuts brand includes coffee, donuts, muffins, bagels and breakfast sandwiches. Dunkin Brands Group was founded on November 22, 2005 and is headquartered in Canton, MA.