Krispy Kreme (DNUT) to Release Quarterly Earnings on Tuesday

Krispy Kreme (NASDAQ:DNUT) is expected to be issuing its quarterly earnings data before the market opens on Tuesday, February 11th. Analysts expect the company to announce earnings of $0.10 per share for the quarter.

Krispy Kreme Stock Performance

Shares of DNUT stock opened at $8.62 on Monday. The company’s fifty day moving average price is $9.48 and its 200-day moving average price is $10.54. The stock has a market cap of $1.47 billion, a PE ratio of 50.71, a price-to-earnings-growth ratio of 3.11 and a beta of 1.34. The company has a current ratio of 0.35, a quick ratio of 0.28 and a debt-to-equity ratio of 0.67. Krispy Kreme has a 12 month low of $8.44 and a 12 month high of $17.84.

Krispy Kreme Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, February 5th. Investors of record on Wednesday, January 22nd were paid a dividend of $0.035 per share. This represents a $0.14 annualized dividend and a yield of 1.62%. The ex-dividend date of this dividend was Wednesday, January 22nd. Krispy Kreme’s payout ratio is currently 82.35%.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the stock. Morgan Stanley lowered their target price on shares of Krispy Kreme from $14.00 to $12.00 and set an “equal weight” rating for the company in a report on Tuesday, January 21st. JPMorgan Chase & Co. lowered their price objective on Krispy Kreme from $14.00 to $13.00 and set an “overweight” rating for the company in a research note on Tuesday, November 12th. Finally, Bank of America boosted their target price on Krispy Kreme from $15.00 to $16.00 and gave the stock a “buy” rating in a report on Tuesday, October 22nd. Three analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $15.25.

Krispy Kreme Company Profile

Krispy Kreme, Inc, together with its subsidiaries, produces doughnuts in the United States, the United Kingdom, Ireland, Australia, New Zealand, Mexico, Canada, Japan, and internationally. The company operates through three segments: U.S., International, and Market Development. The company offers doughnut experiences through hot light theater and fresh shops, delivered fresh daily branded cabinets and merchandising units within grocery and convenience stores, quick service restaurants, club memberships, drug stores, and ecommerce, as well as through its branded sweet treat line comprising Krispy Kreme branded sweet treats.