Krispy Kreme (DNUT) Expected to Announce Earnings on Tuesday

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

Krispy Kreme Price Performance

NASDAQ DNUT opened at $9.15 on Friday. The company has a market cap of $1.56 billion, a price-to-earnings ratio of 53.82, a PEG ratio of 3.24 and a beta of 1.34. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.35 and a quick ratio of 0.28. The stock’s fifty day moving average price is $9.18 and its 200 day moving average price is $10.43. Krispy Kreme has a 1 year low of $8.34 and a 1 year high of $17.84.

Krispy Kreme Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, May 7th. Shareholders 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 yield of 1.53%. Krispy Kreme’s payout ratio is presently 82.35%.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on DNUT. Morgan Stanley reduced their price objective on 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. JPMorgan Chase & Co. reduced 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 report on Tuesday, November 12th. Three analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Krispy Kreme presently has a consensus rating of “Moderate Buy” and an average target price 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.