Bain Th Lee Carlise Dunkin Ipo

Bain th lee carlise dunkin ipo

In what will be one of the most anticipated offerings of 2011, Dunkin' Brands (DNKN) is set to bring its IPO to market Tuesday, in a deal expected to reach nearly $380 million.

Morningstar senior analyst Joscelyn MacKay believes the deal is appropriately priced, with a fair value estimate of $17 per share.

Bain th lee carlise dunkin ipo

However, she thinks the appetite for restaurant growth stories could push the offering above the current range. Her full take on Dunkin is below:

Dunkin' Brands (DNKN) - Capital Sought: $378 million; Offer Range: $16-$18; Fiscal 2010 Revenue: $577.1 million; Fiscal 2010 Operating Margin 33.6%; MorningstarFair Value Estimate: $17 per share

Investing in Initial Public Offerings (IPOs)