Krispy Kreme (DNUT) Projected to Post Earnings on Tuesday

Krispy Kreme (NASDAQ:DNUT) is projected to post its quarterly earnings results before the market opens on Tuesday, February 25th. Analysts expect Krispy Kreme to post earnings of $0.10 per share and revenue of $413.18 million for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.

Krispy Kreme Price Performance

Shares of DNUT opened at $9.15 on Monday. The stock has a market capitalization of $1.56 billion, a P/E ratio of 53.82, a P/E/G ratio of 3.24 and a beta of 1.34. Krispy Kreme has a twelve month low of $8.34 and a twelve month high of $17.84. The company has a 50 day moving average of $9.18 and a 200-day moving average of $10.44. The company has a quick ratio of 0.28, a current ratio of 0.35 and a debt-to-equity ratio of 0.67.

Krispy Kreme Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, May 7th. Stockholders of record on Wednesday, April 23rd will be paid a dividend of $0.035 per share. The ex-dividend date is Wednesday, April 23rd. This represents a $0.14 annualized dividend and a dividend yield of 1.53%. Krispy Kreme’s dividend payout ratio is currently 82.35%.

Analysts Set New Price Targets

DNUT has been the subject of several research reports. JPMorgan Chase & Co. decreased their price target on shares of Krispy Kreme from $14.00 to $13.00 and set an “overweight” rating for the company in a research note on Tuesday, November 12th. Morgan Stanley decreased their price target on shares of Krispy Kreme from $14.00 to $12.00 and set an “equal weight” rating for the company in a research note on Tuesday, January 21st. Three investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock presently has a consensus 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.