Krispy Kreme (DNUT) Expected to Announce Quarterly Earnings on Tuesday

Krispy Kreme (NASDAQ:DNUT - Get Free Report) will likely be announcing 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 interested in listening to the company's conference call can do so using this link.

Krispy Kreme Stock Down 1.3 %

Shares of DNUT stock traded down $0.12 on Friday, reaching $9.15. 1,907,484 shares of the company were exchanged, compared to its average volume of 1,734,520. 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 has a one year low of $8.34 and a one year high of $17.84. The company has a 50-day moving average of $9.19 and a 200-day moving average of $10.43. The company has a market cap of $1.56 billion, a price-to-earnings ratio of 53.82, a PEG ratio of 3.19 and a beta of 1.34.

Krispy Kreme Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 7th. Shareholders of record on Wednesday, April 23rd will be paid a $0.035 dividend. This represents a $0.14 dividend on an annualized basis and a dividend yield of 1.53%. The ex-dividend date is Wednesday, April 23rd. Krispy Kreme's dividend payout ratio (DPR) is 82.35%.

Wall Street Analysts Forecast Growth

DNUT has been the topic of several analyst reports. Morgan Stanley cut their price target 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. lowered their target price on Krispy Kreme from $14.00 to $13.00 and set an "overweight" rating on the stock in a research note on Tuesday, November 12th. Three investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $15.25.

About Krispy Kreme

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.