Krispy Kreme (DNUT) Projected to Post Earnings on Tuesday

Krispy Kreme (NASDAQ:DNUT) is expected to issue its quarterly earnings data 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. Parties 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 Monday. Krispy Kreme has a one year low of $8.34 and a one year high of $17.84. The company has a market cap 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. The firm’s fifty day moving average price is $9.18 and its two-hundred day moving average price is $10.44. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.35 and a quick ratio of 0.28.

Krispy Kreme Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 7th. Shareholders of record on Wednesday, April 23rd will be issued a $0.035 dividend. 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%.

Analyst Upgrades and Downgrades

DNUT has been the topic of several research reports. Morgan Stanley decreased their price objective on shares of Krispy Kreme from $14.00 to $12.00 and set an “equal weight” rating on the stock in a report on Tuesday, January 21st. JPMorgan Chase & Co. decreased their price objective on shares of Krispy Kreme from $14.00 to $13.00 and set an “overweight” rating on the stock in a report on Tuesday, November 12th. Three equities research analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus 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.