|Bid||0.00 x 800|
|Ask||0.00 x 800|
|Day's Range||81.50 - 83.34|
|52 Week Range||61.69 - 84.42|
|Beta (3Y Monthly)||0.87|
|PE Ratio (TTM)||29.78|
|Earnings Date||Oct 31, 2019|
|Forward Dividend & Yield||1.50 (1.81%)|
|1y Target Est||79.80|
Several sales-building efforts, unit expansion and increased focus on refranchising are favoring Dunkin' Brands' (DNKN) revenue and earnings growth.
Dunkin' Brands is IBD Stock Of The Day. It's testing a buy point, with a tasty chart offset by so-so earnings. Starbucks and other restaurants are stock market leaders.
CANTON, Mass., Aug. 14, 2019 /PRNewswire/ -- Dunkin' Brands Group, Inc. (DNKN), the parent company of Dunkin' and Baskin-Robbins, has added three experienced industry executives as new Regional Vice Presidents to oversee Dunkin' operations and development in key regions throughout the country. The company today announced the hiring of Maria Hollandsworth as Regional Vice President – West, and Jorge Salvat as Regional Vice President – Central Atlantic, and the appointment of Peter Green to Regional Vice President – Mid-Atlantic. All three will report to Rick Colón, Dunkin' Brands' Senior Vice President of Operations and Development.
Chipotle's (CMG) increased focus on food safety and enhancing customer experience along with various sales-building efforts bodes well amid a high-cost environment.
- Existing Franchisee Opens First "Moments" Store in the Eastern United States - CANTON, Mass. , Aug. 13, 2019 /PRNewswire/ -- Baskin-Robbins , the world's largest chain of ice cream specialty ...
Welcome to the latest episode of the Full-Court Finance podcast from Zacks Investment Research where Associate Stock Strategist Ben Rains and guest Madeleine Johnson dive into the world of coffee to see how the major publicly traded firms from Starbucks (SBUX) to Dunkin' (DNKN) have performed...
Several new restaurants and one shop may open in downtown Orlando in the coming months. The urban core expects to host at least a dozen new openings before the end of the year, including the highly anticipated Taco Bell Cantina, owned by Yum Brands (NYSE: YUM). Click through the slideshow above to see which retailers plan to open in downtown Orlando.
Dunkin's full fall lineup features new Cinnamon Sugar Pumpkin Signature Latte, returning favorite Pumpkin Flavored Coffees and new Apple Cider Donut and MUNCHKINS® donut hole treats Eight Dunkin' restaurants ...
Jack in the Box (JACK) is on track to achieve same-store sales growth for the ninth straight year. Same-store sales so far for fourth-quarter fiscal 2019 are quite impressive.
Yahoo Finance took to the streets of New York City to see what eaters actually thought of the new Burger King Impossible Whopper.
In a market that has been subject to volatility recently, investors are looking for stocks that can ride the wave. Consumer staples are often seen as defensible stocks as people always need to buy food and beverages regardless of the economic climate. The consumer staples segment of the S&P 500 is up 18% year-to-date, and analysts are claiming that the industry might be heating up once again with three stocks receiving an upgrade from trusted analysts. While the rest of the Street takes a less bullish stance on these companies, each has an analyst in its corner. Here's why. Dunkin’ Brands (DNKN)Following the news of its upgrade on August 7, DNKN shares gained 2%. The stock is up 26% year-to-date, with Argus Research claiming more gains are on the way.“We remain optimistic about Dunkin's strong franchise program, established brands, and opportunities to expand into new sales channels and geographic regions. We expect higher comps and accelerated store openings at Dunkin' Donuts U.S. to be driven by a range of factors, including drive-thru lines dedicated to mobile orders, brighter interior designs, espresso machines, digital order boards, and a tap system serving coffee, iced tea and cold brew,” analyst John Staszak said. He upgraded his rating from a Hold to a Buy and set a $92 price target, suggesting 14% upside potential.DNKN has made substantial efforts to revamp its locations during the quarter. It added 46 new restaurants in the U.S., as well as an additional 109 international Dunkin’ and Baskin-Robbins locations. Dunkin’ also launched the multi-tender feature in its app that lets customers earn rewards points for their purchases. The feature has already seen promising results, with CEO and President David Hoffmann saying, “The effort is driving incremental active enrollments with no material impact to margin. On-the-go ordering saw average weekly sales increase by over 30% year-over-year and made up 4% of total transactions in Q2.”The company reported on August 1 that it beat consensus estimates for second quarter earnings. Adjusted EPS reached $0.86 vs the Street’s $0.82 estimate. This is up from $0.77 in the prior-year quarter. Revenue was also up 2.5% from the year-ago quarter reaching $359 million. The earnings beat follows DNKN's announcement on July 24 that it will start selling a breakfast sandwich with Beyond Meat’s (BYND) vegan sausage. Wedbush analyst, Nick Setyan, agrees that these factors will drive sustainable long-term growth. On August 2, he reiterated his Buy rating and $92 price target, implying 14% upside. The Street has taken a more cautious stance on DNKN. It has a ‘Hold’ analyst consensus and an average price target of $81, suggesting 0.3% downside. Boston Beer Company, Inc. (SAM) Despite slowing sales throughout the industry, Boston Beer has seen an impressive rally, with shares up 64% year-to-date. The Brewers Association reported that the beer industry growth rate reached its lowest level in a decade, with year-to-year growth dropping to 4% in 2018, a decline of 1% from 2017. On July 25, the company reported better than expected second quarter earnings. Its revenue reached $318 million, up almost 17% from the prior-year quarter. EPS came in at $2.34 well ahead of the $1.83 consensus estimate. Management highlighted its Truly Hard Seltzer brand, along with Twisted Tea as the reasons for its sales growth even with its flagship Samuel Adams sales declining. This follows the good news investors received on July 3 that SAM had finalized its $300 million merger with Dogfish Head Craft Brewery. The company believes Dogfish Head can contribute about 3% to 4% in annual shipments and depletions growth as well as between $50 and $60 million in net revenues at a gross margin of 50%. Macquarie analyst, Caroline Levy, believes that the company’s portfolio has strong momentum. On August 7, she upgraded SAM to a Buy and raised her price target from $420 to $460, suggesting 17% upside. “SAM is the only public company that generates a high percentage of sales in hard seltzer (about 30%), which is growing over 100% and which we expect will continue to take share from mainstream beer due to its low-cal profile and adaptability to many flavors,” Levy said. Shares gained over 1% after the ratings boost. Another top analyst, Laurent Grandet, agrees that there’s more upside to be had. On July 26, the Guggenheim analyst reiterated his Buy rating and raised the price target from $421 to $449, indicating 14% upside. “Management raised its EPS guidance to reflect the addition of Dogfish Head, which we continue to think is conservative. We remain positive on Boston Beer given the strong growth outlook thanks to Truly, Twisted Tea, Dogfish Head, and other new innovations,” he said. Grandet has an 82% success rate and gets an average return of 15% per rating. Other analysts take less of a bullish approach. SAM has a ‘Hold’ analyst consensus and a $373 average price target, implying 5% downside. Anheuser-Busch Inbev Sa (BUD)The last consumer staples stock on our list pleasantly surprised investors last quarter. On July 25, the company posted its first earnings beat in the last four quarters. Normalized EPS was up 15% from the prior-year quarter at $1.25, surpassing the $1.13 consensus estimate. Management points to improved market trends as the driving force behind this growth. Its sales also exceeded estimates for the third straight quarter despite the beer industry’s general slowing. More good news followed on August 7 when BUD announced that it had acquired one of the fastest growing regional breweries in the U.S., Cleveland-based Platform Beer Company. This is the latest in a series of investments the company has made to expand its product offerings and grow its reach. BUD has invested over $130 million in the last three years to accomplish this goal. All this has led some analysts to believe that BUD has the momentum to outperform its competitors in the space. Merrill Lynch analyst, Fernando Ferreira, is one such analyst. On July 29, he upgraded the stock to a Buy and raised the price target from €87 to €107. “The cycle of downward earnings revisions is coming to an end. We believe the company will continue to outperform the consumer staples group,” he said. Shares gained about 1.4% after it was upgraded. On July 25, Laurent Grandet also reiterated his Buy rating and raised the price target from $103 to $114, suggesting 16% upside. The analyst sees potential being derived from BUD’s encouraging volume trend in the long-term. The Street is more optimistic about this consumer staple. It has a ‘Moderate Buy’ analyst consensus and a $102 average price target, implying 4% upside potential. See price targets and analyst ratings on TipRanks
People sit chatting hours after dark in the unprecedentedly safe parks or in the restaurants and coffee shops that are replacing stores (the city’s fastest-growing chain this decade is Dunkin’ Donuts). For three weeks, from my base in Brooklyn, after my American wife overruled my boycott of Trump’s US, I chose life over work and went around meeting people. • #MeToo has transformed New York.
Beyond Meat (BYND) reported its second quarter earnings results after on Monday, July 29. In spite of an earnings beat, BYND stock took a 12% dive Tuesday and has continued to fall to a total of -21.8%.
Dunkin’ Brands (DNKN) reported its Q2 earnings today. DNKN reported adjusted earnings per share of $0.86, outperforming analysts’ estimate of $0.82.
Beyond Meat (NASDAQ: BYND) stock tanked more than 12% on Tuesday after the company reported a mixed second quarter. Beyond Meat stock is a prime example of an investment where investors need to keep the stock and the company separated in their minds.Source: Shutterstock From a fundamental perspective, the second-quarter numbers and the company's secondary stock offering are good news. Traders are already blaming the secondary offering news for this week's sell-off. But in all likelihood, there was absolutely nothing Beyond Meat could have reported or said this week that would have triggered more buying of the stock.Despite the sell-off, I believe the BYND earnings numbers, guidance and even the secondary offering are all good news for Beyond Meat the company. But let's be real; Beyond Meat stock is still insanely overpriced.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * The 10 Best Stocks to Invest in for August The OfferingEveryone who cares about BYND stock has already read the earnings report, so I won't go into details there. In a nutshell, Beyond Meat had a larger-than-expected loss but beat revenue expectations significantly, but Beyond Meat is a pure growth stock at this point. The only number that actually matters is 287% sales growth. As far as the company is concerned, it was an impressive quarter.Investors who are toting pitch forks over the offering should chill. Yes, insiders are dumping the stock. Yes, they are making a killing. But if the company had not issued this offering, these same insiders likely would have just dumped their shares as soon as Beyond Meat's lockup period expires at the end of October. Instead, they found a way to get a better price. Good for them.The better news is that the company itself issued 250,000 of the 3.25 million shares of the secondary offering. That's 250,000 shares times a $200 or so market price, or about $50 million in cash raised. Yes, it's dilution. But that same $50 million would have cost the company 2 million shares of dilution at the IPO price. It's actually a genius move on behalf of management. Beyond Meat Versus BYND StockThat math takes me to my main point. Beyond Meat investors, be honest with yourselves for a minute. If you bought the stock during or shortly after the IPO at $25, did you think the stock would be at $100 three months later? Did you think it would be at $150? What about $240?These prices have no connection to reality. Beyond Meat hired professional Wall Street investment banks to underwrite its IPO just three months ago. Do you think they did their due diligence and then underestimated the value of the company by nearly 90%? If that were the case, none of those underwriters would be hired ever again.The reality of the situation is that regardless of what you think about Beyond Meat the company, Beyond Meat stock is a joke at or near $200. The stock is the latest fad on Wall Street, like 3D Systems (NYSE: DDD) or Tesla (NASDAQ: TSLA) in 2014 or Crocs (NASDAQ: CROX) in 2007.DayTraderPro founder Guy Gentile has another appropriate analogy."It's kind of like bitcoin at $20,000. Once you've sucked in all the retail, there's nothing left to buy at that point," Gentile says.When stocks become trendy, there's no stopping them. Mix in a relatively low float and essentially zero shares for short sellers to borrow, and you have a recipe for a market bubble.The irony is that Beyond Meat has had an exceptional couple of months from a fundamental perspective, including deals with Dunkin Brands (NASDAQ: DNKN) and Del Taco. Unfortunately, despite the company's fundamental success, the stock has become untouchable at this point. Realistic Valuation for Beyond Meat StockAs I said, Beyond Meat has had a great couple of months since its IPO. So where should the stock be trading? It's difficult to value relatively early-stage growth stocks like Beyond Meat. But I'd tend to defer to professional underwriters.Is Beyond Meat worth twice as much as the underwriters valued it three months ago? Quite possibly given all the recent deal announcements and the impressive second-quarter numbers. Is it worth three times as much as the underwriters valued it? Maybe?Assuming the underwriters' valuation of BYND stock was off by 200%, the company's share price would be $75. That price would still put IPO investors up an impressive 200% in just three months."I'm trading in the short-term, but long-term I think the stock goes under $100 by December," Gentile says.I agree with the target, if not the time frame. Unfortunately, sometimes stocks simply become toxic due to market conditions and irrational investor sentiment. BYND stock is now toxic no matter how you feel about Beyond Meat's fundamental long-term outlook. The best-case scenario may be that BYND stock drifts mostly sideways for several years while the company grows into its absurd market cap.As of this writing, Wayne Duggan did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks to Buy With Over 20% Upside From Current Levels * The 10 Best Stocks to Invest in for August * 6 Upcoming IPOs for August The post Beyond Meat Stock Is in for Another Couple of Brutal Months appeared first on InvestorPlace.