Dine Brands Global Inc (DIN) Shares Rise Despite Market Challenges – News Heater (2024)

Dine Brands Global Inc (NYSE: DIN)’s stock price has gone rise by 0.75 in comparison to its previous close of 37.30, however, the company has experienced a 2.96% increase in its stock price over the last five trading days. seekingalpha.com reported 2024-06-17 that Dine Brands continues to perform poorly with the Q1 results, also casting doubt on the reaffirmed 2024 financial guidance. Underneath, there are important fundamental factors driving the weak performance especially for Applebee’s and Fuzzy’s, and I don’t see an improvement in sight. Despite trading at a forward P/E of just 6.1, the valuation isn’t attractive due to the underlying operational performance.

Is It Worth Investing in Dine Brands Global Inc (NYSE: DIN) Right Now?

Dine Brands Global Inc (NYSE: DIN) has a price-to-earnings ratio that is above its average at 6.69x. The stock has a 36-month beta value of 1.76. Opinions on the stock are mixed, with 2 analysts rating it as a “buy,” 0 as “overweight,” 3 as “hold,” and 0 as “sell.”

3 Tiny Stocks Primed to ExplodeThe world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The public float for DIN is 15.01M, and at present, short sellers hold a 6.81% of that float. On June 19, 2024, the average trading volume of DIN was 358.89K shares.

DIN’s Market Performance

DIN’s stock has seen a 2.96% increase for the week, with a -13.73% drop in the past month and a -18.97% fall in the past quarter. The volatility ratio for the week is 3.27%, and the volatility levels for the past 30 days are at 3.20% for Dine Brands Global Inc The simple moving average for the past 20 days is -2.68% for DIN’s stock, with a -18.68% simple moving average for the past 200 days.

Analysts’ Opinion of DIN

Many brokerage firms have already submitted their reports for DIN stocks, with UBS repeating the rating for DIN by listing it as a “Buy.” The predicted price for DIN in the upcoming period, according to UBS is $68 based on the research report published on September 05, 2023 of the previous year 2023.

Piper Sandler, on the other hand, stated in their research note that they expect to see DIN reach a price target of $63. The rating they have provided for DIN stocks is “Neutral” according to the report published on July 18th, 2023.

Wedbush gave a rating of “Neutral” to DIN, setting the target price at $65 in the report published on June 14th of the previous year.

DIN Trading at -10.18% from the 50-Day Moving Average

After a stumble in the market that brought DIN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -38.37% of loss for the given period.

Volatility was left at 3.20%, however, over the last 30 days, the volatility rate increased by 3.27%, as shares sank -12.18% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -15.30% lower at present.

During the last 5 trading sessions, DIN rose by +2.96%, which changed the moving average for the period of 200-days by -31.40% in comparison to the 20-day moving average, which settled at $38.35. In addition, Dine Brands Global Inc saw -24.31% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at DIN starting from Hyter Michael, who sale 1,155 shares at the price of $45.47 back on May 15 ’24. After this action, Hyter Michael now owns 3,381 shares of Dine Brands Global Inc, valued at $52,518 using the latest closing price.

Chang Vance YuWen, the Chief Financial Officer of Dine Brands Global Inc, purchase 1,170 shares at $43.32 during a trade that took place back on Nov 07 ’23, which means that Chang Vance YuWen is holding 19,101 shares at $50,684 based on the most recent closing price.

Stock Fundamentals for DIN

Current profitability levels for the company are sitting at:

  • 0.23 for the present operating margin
  • 0.47 for the gross margin

The net margin for Dine Brands Global Inc stands at 0.11. The total capital return value is set at 0.14.

Based on Dine Brands Global Inc (DIN), the company’s capital structure generated 1.24 points at debt to capital in total, while cash flow to debt ratio is standing at 0.12. The debt to equity ratio resting at -5.13. The interest coverage ratio of the stock is 2.53.

Currently, EBITDA for the company is 223.33 million with net debt to EBITDA at 6.44. When we switch over and look at the enterprise to sales, we see a ratio of 2.4. The receivables turnover for the company is 9.08for trailing twelve months and the total asset turnover is 0.49. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.77.

Conclusion

To sum up, Dine Brands Global Inc (DIN) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

Dine Brands Global Inc (DIN) Shares Rise Despite Market Challenges – News Heater (2024)

References

Top Articles
Latest Posts
Article information

Author: Van Hayes

Last Updated:

Views: 5237

Rating: 4.6 / 5 (46 voted)

Reviews: 85% of readers found this page helpful

Author information

Name: Van Hayes

Birthday: 1994-06-07

Address: 2004 Kling Rapid, New Destiny, MT 64658-2367

Phone: +512425013758

Job: National Farming Director

Hobby: Reading, Polo, Genealogy, amateur radio, Scouting, Stand-up comedy, Cryptography

Introduction: My name is Van Hayes, I am a thankful, friendly, smiling, calm, powerful, fine, enthusiastic person who loves writing and wants to share my knowledge and understanding with you.