On Monday, shares of Dunkin’ Brands Group, Inc. (NASDAQ:DNKN) marked $103.10 per share versus a previous $88.79 closing price. With having a 16.12% gain, an insight into the fundamental values of Dunkin’ Brands Group, Inc., investors would also find a great ally in the technical patterns of the stock movements showed in stock charts. DNKN showed a rise of 36.48% within its YTD performance, with highs and lows between $38.51 – $89.85 during the period of 52 weeks, compared to the simple moving average of 49.08% in the period of the last 200 days.
BTIG Research equity researchers changed the status of Dunkin’ Brands Group, Inc. (NASDAQ: DNKN) shares from “Buy” to a “Neutral” rating in the report published on October 5th, 2020. Other analysts, including BofA Securities, also published their reports on DNKN shares. BofA Securities repeated the rating from the previous report, marking DNKN under “Buy” rating, in the report published on October 1st, 2020. Additionally, DNKN shares got another “Overweight” rating from Piper Sandler, setting a target price of $89 on the company’s shares, according to the report published in September 21st, 2020. On August 3rd, 2020, BofA Securities Upgrade an Buy rating and increased its price target from $72 to $78. On the other hand, JP Morgan Upgrade the “Overweight” rating for DNKN shares, as published in the report on July 31st, 2020. JP Morgan seems to be going bullish on the price of DNKN shares, based on the price prediction for DNKN, indicating that the shares will jump from $67 to $72, giving the shares “Neutral” rating based on their report from June 24th, 2020. Another “Overweight” rating came from KeyBanc Capital Markets, providing a prediction for $72 price target according to the report published in June 8th, 2020.
[bold-text]Dunkin’ Brands Group, Inc. (DNKN) Analysis[/bold-text]
The present dividend yield for DNKN owners is set at 0.02, marking the return investors will get regardless of the company’s performance in the upcoming period. However, in order for the company to be able to pay its dividends, just like it is the case with Dunkin’ Brands Group, Inc., the company needs to provide a healthy cash flow, currently at the value of 64.26. In addition, the growth of sales from quarter to quarter is recording -20.00%, hinting the company’s progress in the upcoming progress.
In order to gain a clear insight on the performance of Dunkin’ Brands Group, Inc. (DNKN) as it may occur in the future, there are more than several well-rounded types of analysis and research techniques, while equity is most certainly one of the more important indicators into the company’s growth and performance. In this case, you want to make sure that the return on the present equity of -35.90% is enough for you to make a profit out of your investment. You may also count in the quick ratio of the company, currently set at 1.60 so you would make sure that the company is able to cover the debts it may have, which can be easily seen in annual reports of the company.
Set to affect the volatility of a given stock, the average volume can also be a valuable indicator, while DNKN is currently recording an average of 811.38K in volumes. The volatility of the stock on monthly basis is set at 2.24%, while the weekly volatility levels are marked at 2.40%with 18.51% of gain in the last seven days. Additionally, long-term investors are predicting the target price of $74.68, indicating growth from the present price of $103.10, which can represent yet another valuable research and analysis points that can help you decide whether to invest in DNKN or pass.
[bold-text]What to Look for When Analyzing Dunkin’ Brands Group, Inc. Shares?[/bold-text]
Dunkin’ Brands Group, Inc. (DNKN) is based in the USA and it represents one of the well-known company operating with Consumer Cyclical sector. If you wish to compare DNKN shares with other companies under Electronic Equipment and Consumer Goods, a factor to note is the P/E value of 39.35 for Dunkin’ Brands Group, Inc., while the value 32.86 can represent an indicator in the future growth of the company in terms of investor’s expectations. The later value should have a steady growth rate, increasing and growing gradually, which serves the purpose of reliably showcasing the progress of the company. The value 2.62 is supported by the yearly EPS growth of 6.90%.
Besides from looking into the fundamentals, you should also note the number of people inside the company owning the shares, as the values should be in line with the expectations of investors. In that spirit, the present ownership of stocks inside the company is set at 0.40%, which can provide you with an insight of how involved executives are in owning shares of the company. In oppose to the executives’ share, the institutional ownership counts 92.10% of shares, carrying an equal significance as an indicator of value, as the presence of large investors may signal a strong company.
[bold-text]Are Institutional Investors Increasing Stakes in DNKN Shares?[/bold-text]
It appears that more than several institutional investors and hedge funds decided to increase stakes in DNKN in the recent period. That is how T. Rowe Price Associates, Inc. now has an increase position in DNKN by 19.35% in the first quarter, owning 8.76 million shares of DNKN stocks, with the value of $717.91 million after the purchase of an additional 1,421,165 shares during the last quarter. In the meanwhile, Fidelity Management & Research Co also increased their stake in DNKN shares changed 135.50% in the first quarter, which means that the company now owns 3.77 million shares of company, all valued at $308.59 million after the acquisition of additional 2,167,665 shares during the last quarter.
Citadel Advisors LLC acquired a new position in Dunkin’ Brands Group, Inc. during the first quarter, with the value of $175.23 million, and HS Management Partners LLC increased their stake in the company’s shares by 5.65% in the first quarter, now owning 98,020 shares valued at $150.24 million after the acquisition of the additional 1.83 million shares during the last quarter. At the present, 92.10% of DNKN shares are in the ownership of institutional investors.