Analysts Eye Same Store Sales Trends at Dunkin Brands (DNKN)
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Price: $106.48 -0.07%
Rating Summary:
10 Buy, 31 Hold, 3 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 12 | Down: 21 | New: 20
Rating Summary:
10 Buy, 31 Hold, 3 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 12 | Down: 21 | New: 20
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Wells Fargo maintained a Outperform rating on Dunkin' Brands (NASDAQ: DNKN) and raised its price target to $35 to $37 (from $34 to $35). It also revised FY2013 EPS estimates to $1.51 from $1.52.
"We expect DNKN shares to move higher through 2013, driven by multiple expansion due to steadily increasing return on invested capital and what we view as high visibility into continued mid-teens EPS growth in 2013 and 2014," said analyst Jeff Farmer.
Dunkin Branks will report Q3 2012 earnings on Thursday. Farmer is looking for EPS of $0.34, a cent below the street estimate of $0.35. He expects investors to focus on same store sales trends and DNKN's ability to hold on to its 4 to 5 percent 2012 comps guidance. Updates on the recent wave of new products and K-cups sales trends will also be important.
For an analyst ratings summary and ratings history on Dunkin' Brands click here. For more ratings news on Dunkin' Brands click here.
Shares of Dunkin' Brands closed at $32.33 yesterday.
"We expect DNKN shares to move higher through 2013, driven by multiple expansion due to steadily increasing return on invested capital and what we view as high visibility into continued mid-teens EPS growth in 2013 and 2014," said analyst Jeff Farmer.
Dunkin Branks will report Q3 2012 earnings on Thursday. Farmer is looking for EPS of $0.34, a cent below the street estimate of $0.35. He expects investors to focus on same store sales trends and DNKN's ability to hold on to its 4 to 5 percent 2012 comps guidance. Updates on the recent wave of new products and K-cups sales trends will also be important.
For an analyst ratings summary and ratings history on Dunkin' Brands click here. For more ratings news on Dunkin' Brands click here.
Shares of Dunkin' Brands closed at $32.33 yesterday.
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