DNKN - Dunkin' Brands Group, Inc.
| Previous Close | 54.23 |
| Open | 51.68 |
| Bid | 50.48 x 1300 |
| Ask | 50.99 x 800 |
| Day's Range | 50.50 - 52.81 |
| 52 Week Range | 38.51 - 84.74 |
| Volume | 1,256,873 |
| Avg. Volume | 1,122,262 |
| Market Cap | 4.196B |
| Beta (5Y Monthly) | 0.62 |
| PE Ratio (TTM) | 17.58 |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | 1.61 (2.97%) |
| Ex-Dividend Date | Mar 05, 2020 |
| 1y Target Est | N/A |
- Yahoo Finance
Chipotle looking at free delivery for April as coronavirus outbreak continues: CEO
Yahoo Finance speaks with Chipotle CEO Brian Niccol on the state of his restaurant business amidst the coronavirus.
- Yahoo Finance
Grubhub CEO: 'Our signups are off the charts... a lot of restaurants are coming online'
Grubhub founder and CEO Matt Maloney talks with Yahoo Finance about how the food delivery business is navigating the coronavirus pandemic.
- Yahoo Finance
Coronavirus is changing consumer behavior and our fast-food brands are ready: Yum! Brands CEO
Yahoo Finance catches up with Yum! Brands CEO David Gibbs to discuss how his business is faring during the coronavirus.
- Yahoo Finance
Cheesecake Factory, Subway, other major retailers tell landlords they can’t pay April rent due to coronavirus
Many major retailers say they can’t pay rent for the month of April — and they are asking their landlords for deferrals.
- Reuters
Wendy's to ease payments for franchisees to stem coronavirus fallout
Fast-food chain Wendy's Co said on Thursday it would defer rent and ease royalty and marketing fee payments for franchisees, amid growing pressure in the restaurant industry due to coronavirus-related outlet closures. The Ohio-based restaurant chain also reported same-store sales growth of only 2.8% so far in the first quarter and withdrew its forecasts, suspended share buybacks as the company prepares to battle the financial fallout of the pandemic. The U.S. restaurant industry is likely to be among the most severely hurt by the outbreak, as scared customers cook at home instead of dining out and governments force restaurants to shut dining rooms and switch to drive-thru, delivery and take-out only.
- Investopedia
Top Coffee Stocks for Q2 2020
The coffee industry is a complex and multilayered one, including everything from producers and distributors to processors, wholesalers, and retailers. Notable names include Starbucks Corp. (SBUX), J.M.
- Yahoo Finance Video
Dunkin’ Brands jumps on free delivery and discount offer
Dunkin’ Brands shares are jumping after the coffee chain announced it is offering free delivery and $3 off from Grubhub. Yahoo Finance’s Heidi Chung joins Zack Guzman to discuss.
- Insider Monkey
Hedge Funds Have Never Been This Bullish On Dunkin Brands Group Inc (DNKN)
Coronavirus is probably the 1 concern in investors' minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW. We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 […]
- Barrons.com
Sandra Horbach
FEATURE There have been many changes to private equity since Sandra Horbach launched her career more than 30 years ago: For starters, the industry used to be known as leveraged buyouts. Fresh out of Stanford Business School, Horbach joined Forstmann Little & Co.
- Reuters
Fast food chains easing rent, fees for franchisees amid coronavirus
Dunkin' Brands Group Inc on Thursday said it will ease royalty and advertising fee payments for franchisees in the United States and Canada, while McDonald's Corp is in talks to reduce some payments for franchisees. Waiving that revenue and absorbing some of the blow themselves, the moves illustrate how some fast food brands are rushing to protect franchisees - who help power front-line sales - from the financial fallout of the coronavirus pandemic. McDonald's is considering waiving rent and service fees for April and March, according to a source familiar with the conversations.
- MarketWatch
McDonald’s, KFC go to takeout only, Dunkin’ removes seats as Trump encourages contactless restaurant transactions
McDonald’s, Dunkin’ and other fast-food chains are changing the way they do business in an effort to combat the coronavirus.
- Benzinga
BTIG On Restaurants: 'Cash Is King'
Restaurant operators of all sizes are being impacted by the coronavirus and investors looking for exposure should follow the concept that "cash is king," according to BTIG.The Analyst Peter Saleh upgraded Dunkin Brands Group Inc (NASDAQ: DNKN) from Neutral to Buy with a $60 price target. The analyst maintains Texas Roadhouse Inc (NASDAQ: TXRH) at Buy.Dunkin Has Cash Dunkin is "flush with cash" with more than $375 million on hand which represents more than seven months of franchise fees and royalty revenue, Saleh said. The cash is also the equivalent of three times the annual dividend payment.The company has sufficient cash to cover a full-year of G&A and interest expense before it needs to tap additional sources of capital, the analyst wrote in a note. In addition, operators could be forced to increase leverage to help their franchisees and Dunkin certainly has "an ample cushion."Texas Roadhouse Has No Debt Texas Roadhouse's 50% decline over the past few weeks should be put in perspective, Saleh said. The company has zero debt, more than $100 million in cash and owns close to $500 million worth of land.The casual sit-down chain should be considered the "safest investment in casual dining right now" given its cash position, the analyst wrote. As such, the chain should be able to "recover faster than others."DNKN and TXRH Price Action Shares of Dunkin traded lower by 7.7% to $44.28.Related Links:How Trump Is Handling The Restaurant Biz Amid Coronavirus OutbreakMcDonald's Switches To 'Walk-In-Take-Out' Model In All Company-Owned Restaurants Due To CoronavirusLatest Ratings for DNKN DateFirmActionFromTo Mar 2020BTIG ResearchUpgradesNeutralBuy Feb 2020Argus ResearchDowngradesBuyHold Feb 2020Wells FargoMaintainsEqual-Weight View More Analyst Ratings for DNKN View the Latest Analyst RatingsSee more from Benzinga * Beyond Meat CEO Talks Health Claims, Asia And More With Cramer * Wendy's Nationwide Breakfast Launch Is Coming Soon * Guggenheim Incrementally Bullish On Dunkin' Brands(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- Yahoo Finance
Burger King and Popeye's are not running out of food amidst coronavirus panic: parent company CEO
Restaurant Brands CEO Jose Cil shares what he discussed with President Trump and several other restaurant industry leaders.
- MarketWatch
Dunkin' to remove tables and chairs from restaurants, to limit service to take-out, delivery and drive-thru
Dunkin' Brands Group Inc. said Tuesday that it will limit service to drive-thru, carry-out and delivery, as a result of the COVID-19 pandemic, effective immediately. The coffee and doughnut seller said it will remove tables and chairs from all its restaurants and outdoor patios to prevent the congregation of customers. Dunkin' said it will encourage mobile ordering, delivery through Grubhub and other partners, expand curbside service and reduce hours of operations. The stock, which was still inactive in premarket trading, has lost 31.4% over the past three months, while the S&P 500 has shed 25.3%.
- PR Newswire
Dunkin' to Limit Service Nationwide to Drive-thru, Carry-out and Delivery Service Only
As part of Dunkin's ongoing efforts to protect customers and restaurant employees in light of the COVID-19 health crisis, all U.S. restaurants are limiting service to drive-thru ordering, carry-out, and delivery only. These restrictions will take effect on Tuesday, March 17.
- Simply Wall St.
How Does Dunkin' Brands Group's (NASDAQ:DNKN) P/E Compare To Its Industry, After The Share Price Drop?
Unfortunately for some shareholders, the Dunkin' Brands Group (NASDAQ:DNKN) share price has dived 32% in the last...
- Yahoo Finance
Coronavirus rocks America's restaurants and this chart shows just how bad it has gotten
Restaurants are under siege by the coronavirus.
- PR Newswire
Dunkin' Brands Announces New Vice President, IT Store Systems
Dunkin' Brands, the parent company of Dunkin' and Baskin-Robbins, today announced the promotion of Gagan Sinha to Vice President, IT Store Systems.
- Yahoo Finance
Coronavirus outbreak may attack your favorite restaurant's bottom line
U.S. restaurants should gear up for a financial hit from the coronavirus, Guggenheim Securities warns.
- Zacks
Dunkin'(DNKN) Down 10.2% Since Last Earnings Report: Can It Rebound?
Dunkin' (DNKN) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
- InvestorPlace
3 Reasons To Get Cautious On Beyond Meat Stock
Since late January, Beyond Meat (NASDAQ:BYND) has been under some selling pressure. Keep in mind that the shares have gone from $120 to $99.Source: calimedia / Shutterstock.com But of course, since the company went public in May 2019, this kind of volatility has been the norm. To get a sense of things, the initial offering price was $25 and the high was $239 on Beyond Meat stock, less than a year into trading.Yes it's typical to see wide swings with a hyper-growth IPO. And yet, Beyond Meat has been able to maintain its staggering ramp. During the latest quarter, the company reported revenues of $298 million, up 239% on a year-over-year basis. The company's plant-based meat offerings are available in more than 77,000 retail restaurants and foodservice outlets in over 65 countries. Just some of their marquee customers include Starbucks (NASDAQ:SBUX), Mcdonald's (NYSE:MCD) and Dunkin Brands Group (NASDAQ:DNKN).InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 9 Stocks to Buy If People Get Stuck at Home But despite all this, I actually think there are some things that investors need to be worried about. Why so? Well, let's take a look at three bearish factors for Beyond Meat stock: How Big Is The Opportunity…Really?According to research from UBS, the market for plant-based meat alternatives is forecasted to go from $4.6 billion in 2018 to a staggering $85 billion by 2030. And this estimate is not an outlier. Various other reports show strong growth.But investors should still take this with a grain of salt. After all, these forecasts are generally for the next five to ten years. So yes, that much can happen during such a short period of time.There are also some signs that adoption may not be as widespread. For example, a survey from Piper Sandler of 3,500 adults showed that 62% were not interested in plant-based meats.Something else: The health benefits may not be as strong as believed. Note that Beyond Meat is a processed food, with high levels of sodium and saturated fats.True, there are other reasons people eat plant-based meats, such as for animal welfare and even helping deal with climate change. But if the health benefits are not as great, then this could certainly mute some of the demand. CompetitionWhile Beyond Meat is the pioneer in its category and has developed its own intellectual property, these advantages may represent a weak moat. The fact is that there are numerous other companies also focused on the opportunity.For example, there are startup operations like Impossible Foods Inc. that have raised substantial amounts of venture capital. Traditional food companies are also developing their own alternatives, such as Nestle (OTCMKTS:NSRGY), Cargill and Tyson Foods (NYSE:TSN). Such companies have strong distribution footprints and savvy marketing capabilities.In fact, there are already signs of pricing pressures, which could weigh on margins for Beyond Meat. To this end, Impossible Foods recently discounted its wholesale products by 15%. Valuation On Beyond Meat StockThe valuation on Beyond Meat stock is certainly far from cheap. Note that the shares currently trade at about 13.5 times sales. This is something you typically see with a red-hot software startup, not a food manufacturer.Wall Street analysts are also skeptical. The average price target is $103, which assumes only about 4% upside from current levels.Now it's true that there should be a premium on Beyond Meat stock. But still, it does seem like much of the good news is already baked in. So even a slight deceleration in growth -- which seems reasonable because of the competition and pressure on margins -- makes the shares vulnerable.Tom Taulli (@ttaulli) is the author of various books on investing and technology, including Artificial Intelligence Basics, High-Profit IPO Strategies and All About Short Selling. He is also the founder of WebIPO, which was one of the first platforms for public offerings during the 1990s. As of this writing, he did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 9 Stocks to Buy If People Get Stuck at Home * 7 Strong Value Stocks to Buy for 2020 * 5 High-Yield Dividend Stocks With Great Buyback Programs The post 3 Reasons To Get Cautious On Beyond Meat Stock appeared first on InvestorPlace.
- PR Newswire
Dunkin' of Greater Philadelphia to Award $50,000 in Scholarships to Regional High School and College Students
Dunkin' and its greater Philadelphia-area franchisees this week announced the launch of its eleventh annual Dunkin' Philadelphia Regional Scholarship Program, which will award $50,000 in scholarships to area high school and college students.
- Zacks
Dunkin' Brands (DNKN) Boost Delivery Service With Grubhub
Dunkin' Brands (DNKN) expands partnership with Grubhub for rollout of delivery services.
- PR Newswire
Dunkin' Expands Delivery Service with Grubhub to More Stores throughout the Metro New York Market
Even more residents in Metro New York can now run on Dunkin' without ever having to leave their home or office. After launching Dunkin' Delivers in New York City in June 2019, Dunkin' today announced an expansion of the brand's partnership with Grubhub, the nation's leading pickup and delivery marketplace with the largest restaurant network, to bring its Dunkin' Delivers service to even more stores throughout Metro New York. With this launch, which marks the next step in an expanded rollout, more than 800 participating Dunkin' restaurants across Connecticut, Long Island, New Jersey, New York City and Westchester will now offer delivery through Grubhub as well as the company's New York-specific brand, Seamless.
- PR Newswire
Thank Goodness It's Free Donut Fridays at Dunkin'
March can seem like the toughest part of the year: long and cold with few days, if any, off from work and even a lost hour of sleep. Leave it to Dunkin' to introduce the perfect perk to bring a boost of optimism and sweetness to the month. Dunkin' today announced Free Donut Fridays, offering members of Dunkin's DD Perks® Rewards Program a free donut with the purchase of any beverage every Friday in March.*
