Dunkin Brands Group Inc (Nasdaq:DNKN)
June 11th, 2019
Amidst falling markets Dunkin Brands Group Inc closed the day up $1.20 Tuesday which equals a 1.51% jump, closing at $80.45. Furthermore it hit a new 52 week high of $80.94. Be aware that the Altman Z-Score1 (An indicator of the probability for a 2-year bankruptcy) is below the recommended threshold of 1.8%, and calculated to be 1.21.
DNKN outperformed the rest of the Consumer Discretionary sector which went up 0.33% today.
Analysis results from 18 analysts points to the possibility that Dunkin Brands Group Inc might fall somewhat (-6.69%), while Finbox has calculated (with low uncertainty) a fair value price of $56.96.
The market sectors were mixed Tuesday with a majority of the sectors trending up. Consumer Staples saw the biggest increase of the day (0.41%), while the Industrials sector saw the biggest drop (-0.90%). Information Technology has seen the biggest year-to-date gain of 23.75%.
Industrials and Utilities both saw turn-arounds from their five day positive performances with Industrials dropping -0.90%.
- Consumer Staples, up 0.41%.
- Consumer Discretionary, up 0.33%.
- Communication Services, up 0.29%.
- Real Estate, up 0.18%.
- Energy, up 0.12%.
- Information Technology, up 0.02%.
- Financials, stayed even 0.00%.
- Materials, down -0.07%.
- Healthcare, down -0.25%.
- Utilities, down -0.69%.
- Industrials, down -0.90%.
Dunkin Brands Group Inc Info
Dunkin’ Brands Group, Inc., together with its subsidiaries, develops, franchises, and licenses quick service restaurants worldwide. The company operates through five segments: Dunkin’ U.S., Dunkin’ International, Baskin-Robbins International, Baskin-Robbins U.S., and U.S. Advertising Funds. Its restaurants serve hot and cold coffee, baked goods, and hard serve ice cream. The company also offers packaged coffee, Dunkin’ K-Cup pods, and ready-to-drink bottled iced coffee in retail outlets. As of December 29, 2018, it had 12,871 Dunkin’ Donuts points of distribution and 8,041 Baskin-Robbins points of distribution. The company franchises its restaurants under the Dunkin’ Donuts and Baskin-Robbins brands. Dunkin’ Brands Group, Inc. is headquartered in Canton, Massachusetts.
All amounts in USD unless otherwise indicated
(1) The Altman Z-Score calculation was first published in 1968 by Edward I. Altman, and is used for predicting the probability that a firm will go into bankruptcy within two years. An Altman Z-Score below 1.8 (Remember that Dunkin Brands Group Inc’s score is 1.21) is the trigger to be alert for this situation. Some analysts believe this score is less relevant for some companies, in particular companies operating to accumulate users that may run at huge losses to scale up.
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