This week’s trade comes from the consumer discretionary sector, restaurant & bars industry. Below are some of the important details. Enjoy.
Company profile: 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.
Trailing P/E: 28.29, Forward P/E: 24.23
P/S: 4.84, P/B: N/A
PEG: 3.03, Beta: 0.91, EPS: 2.78
Profit margin: 17.33%, Operating margin: 30.59%
ROA: 7.35%, ROE: N/A
Quarterly earnings growth (yoy): 4.30%
Additional fundamental data: https://finance.yahoo.com/quote/DNKN/key-statistics?p=DNKN
Recently broke out of a 10-month consolidation
New 52-week high
New all-time high
Buying momentum is positive and rising
Buying volume is neutral
1st support level is$74.0
The safety stop is at $74.90
The target is $89.50
Suggested buying approach: Buy DNKN at the current price level. If the stock pulls back, as long as the price is above the stop level, wait for confirmation of support and then add to the position if desired. Always use a 3% trailing stop.