Dine Brands Global Inc (NYSE:DIN) price on Friday, January 17, fall -0.19% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $26.64.
A look at the stock’s price movement, the close in the last trading session was $26.69, moving within a range at $26.5 and $27.34. The beta value (5-Year monthly) was 1.73 while the PE ratio in trailing twelve months stood at 4.43. Turning to its 52-week performance, $51.35 and $25.68 were the 52-week high and 52-week low respectively. Overall, DIN moved -15.24% over the past month.
Dine Brands Global Inc’s market cap currently stands at around $406.17 million, with investors looking forward to this quarter’s earnings report slated for in February. The company has a Forward Dividend ratio of 2.04, with its dividend yield at 7.66%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
Analysts have a consensus estimate of 201.05M for the company’s revenue for the quarter, with a low and high estimate of 199.8M and 202M respectively. The average forecast suggests down to a -2.55% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 809M, representing a -2.66% decline on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that DIN is a 100% Sell. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
5 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 2 analyst(s) rate the stock as a Hold, 3 recommend DIN as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
DIN’s current price about -7.69% and -15.82% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 32.02, while 7-day volatility ratio is 3.06% and 4.09% in the 30-day chart. Further, Dine Brands Global Inc (DIN) has a beta value of 1.77, and an average true range (ATR) of 1.23. Analysts have given the company’s stock an average 52-week price target of $37.5, forecast between a low of $32 and high of $47. Looking at the price targets, the low is -20.12% off current price level while to achieve the yearly target high, price needs to move -76.43%. Nonetheless, investors will most likely welcome a -40.77% jump to $37.5 which is the analysts’ median price.
If we refocus on Dine Brands Global Inc (NYSE:DIN), historical trading data shows that trading volumes averaged 0.65 over the past 10 days and 525.04K over the past 3 months. The company’s latest data on shares outstanding shows there are 15.27 million shares.
The 2.70% of Dine Brands Global Inc’s shares are in the hands of company insiders while institutional holders own 99.41% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 2.01 million on 2024-12-31, giving us a short ratio of 3.93. The data shows that as of 2024-12-31 short interest in Dine Brands Global Inc (DIN) stood at 2327.0 of shares outstanding, with shares short rising to 1.72 million registered in 2024-11-29. Current price change has pushed the stock -11.50% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the DIN stock continues to rise going into the next quarter.
