|Precio de cierre del día anterior||76.42|
|Oferta||75.49 x 1800|
|Demanda||75.53 x 800|
|Rango diario||74.51 - 76.97|
|Rango de 52 semanas||38.51 - 81.61|
|Beta (mensual por 5 años)||0.92|
|Índice de relación precio/utilidad (últimos doce meses)||28.89|
|EPS (últimos doce meses)||2.62|
|Fecha de utilidades||29 de octubre de 2020 - 02 de noviembre de 2020|
|Proyección de dividendo y rentabilidad||1.61 (2.11%)|
|Fecha sin dividendo||31 de agosto de 2020|
Research firm Piper Sandler came out with a "relatively contrarian" call Monday by upgrading coffee chain Dunkin Brands Group Inc (NASDAQ: DNKN) while 63% of Street analysts remain at Neutral or Sell.The Dunkin' Analyst: Nicole Miller Regan upgraded Dunkin' Brands from Neutral to Overweight with a price target lifted from $66 to $89.The Dunkin' Takeaways: Investors may want to consider "incremental exposure" to the restaurant sector and Dunkin' in particular for four reasons, Miller Regan said in the Monday upgrade note.First, Dunkin' boasts an attractive business model of low ticket and high frequency that is considered an "affordable" luxury purchase, the analyst said. The company's push into digital tools like loyalty should help with gaining market share moving forward, she said. Second, franchise business models generally offer a more efficient and less capital-intensive exposure to the restaurant industry, Miller Regan said.The Dunkin' model in particular presents relatively risk-free and high-margin royalty revenue streams given its 100% franchised ownership structure, the analyst said. Dunkin' also benefits from an "overall healthy working relationship" between the franchisee base and corporate head office, she said. Third, today's environment favors the coffee chain's higher exposure to suburban and rural markets as opposed to urban and business district areas, Miller Regan said. Dunkin' has high exposure to the Northeast region, which is undergoing an economic re-opening process faster than Western states like California, the analyst said. Finally, food products in general that are more difficult to prepare or recreate at home and are relatively cheap at restaurants will command growing consideration in consumer minds, she said. Consumers that already upgraded their at-home coffee accessories will find it difficult or inconvenient to replicate the innovative products that Dunkin' offers, according to Piper Sandler. DNKN Price Action: Shares of Dunkin' Brands were trading lower by 1.35% Monday morning at $75.39. Related Links:Travis Scott Broke McDonald's Supply ChainMiller Tabak's Maley Shares 2 Restaurant PicksPhoto courtesy of Dunkin Brands. Latest Ratings for DNKN DateFirmActionFromTo Sep 2020Piper SandlerUpgradesNeutralOverweight Jul 2020Credit SuisseMaintainsOutperform Jul 2020Morgan StanleyMaintainsEqual-Weight View More Analyst Ratings for DNKN View the Latest Analyst Ratings See more from Benzinga * Dunkin, TikTok Star Charli D'Amelio 'Making Their Relationship Official' * BofA's Restaurant Pair Trade: Upgrade Dunkin, Downgrade Cheesecake Factory(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Piper Sandler upgraded Dunkin’ Brands to Overweight from Neutral, while Wedbush downgraded Olive Garden parent Darden Restaurants to Neutral from Outperform.