Dine Brands Global (NYSE:DIN) Price Target Raised to $105.00 at CL King

Dine Brands Global (NYSE:DIN) had its target price increased by CL King from $90.00 to $105.00 in a report published on Wednesday, The Fly reports. CL King currently has a buy rating on the restaurant operator’s stock.

DIN has been the subject of a number of other research reports. Raymond James boosted their price target on Dine Brands Global from $90.00 to $100.00 and gave the company an outperform rating in a research report on Monday, March 29th. Zacks Investment Research raised shares of Dine Brands Global from a sell rating to a hold rating in a research report on Friday, March 19th. MKM Partners increased their price objective on shares of Dine Brands Global from $83.00 to $92.00 in a research report on Thursday, April 1st. TheStreet upgraded shares of Dine Brands Global from a d+ rating to a c- rating in a report on Thursday, April 1st. Finally, Deutsche Bank Aktiengesellschaft downgraded Dine Brands Global from a buy rating to a hold rating and set a $80.00 price target for the company. in a report on Wednesday, February 10th. Three analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The company has an average rating of Buy and an average target price of $91.33.

NYSE DIN opened at $90.35 on Wednesday. The company has a market cap of $1.54 billion, a P/E ratio of -19.90 and a beta of 2.02. Dine Brands Global has a 12 month low of $28.55 and a 12 month high of $93.36. The company has a 50-day moving average of $84.90 and a 200-day moving average of $68.76.

Dine Brands Global (NYSE:DIN) last issued its quarterly earnings results on Monday, March 1st. The restaurant operator reported $0.39 EPS for the quarter, missing the consensus estimate of $0.67 by ($0.28). The company had revenue of $196.00 million for the quarter, compared to analyst estimates of $192.49 million. Dine Brands Global had a negative return on equity of 17.91% and a negative net margin of 10.52%. The business’s revenue for the quarter was down 13.8% on a year-over-year basis. During the same period last year, the company posted $1.78 EPS. On average, analysts expect that Dine Brands Global will post 2.12 EPS for the current fiscal year.

In other Dine Brands Global news, SVP Bryan R. Adel sold 11,805 shares of the firm’s stock in a transaction on Thursday, January 14th. The shares were sold at an average price of $71.03, for a total transaction of $838,509.15. Following the completion of the transaction, the senior vice president now directly owns 22,425 shares of the company’s stock, valued at approximately $1,592,847.75. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Bryan R. Adel sold 1,000 shares of the business’s stock in a transaction dated Monday, March 8th. The stock was sold at an average price of $86.33, for a total transaction of $86,330.00. Following the completion of the sale, the senior vice president now directly owns 11,045 shares of the company’s stock, valued at approximately $953,514.85. The disclosure for this sale can be found here. In the last quarter, insiders sold 26,918 shares of company stock worth $2,044,810. Insiders own 2.75% of the company’s stock.

A number of large investors have recently bought and sold shares of the stock. US Bancorp DE grew its position in shares of Dine Brands Global by 61.9% in the 4th quarter. US Bancorp DE now owns 442 shares of the restaurant operator’s stock worth $26,000 after acquiring an additional 169 shares in the last quarter. Freedman Financial Associates Inc. bought a new position in Dine Brands Global during the fourth quarter worth $29,000. Truvestments Capital LLC bought a new stake in Dine Brands Global during the fourth quarter valued at $63,000. Veriti Management LLC bought a new stake in Dine Brands Global during the fourth quarter valued at $82,000. Finally, Hodges Capital Management Inc. acquired a new stake in shares of Dine Brands Global during the fourth quarter worth $207,000. Institutional investors and hedge funds own 85.43% of the company’s stock.

Dine Brands Global Company Profile

Dine Brands Global, Inc, together with its subsidiaries, owns, franchises, operates, and rents full-service restaurants in the United States and internationally. It operates in five segments: Applebee's Franchise Operations, IHOP Franchise Operations, Rental Operations, Financing Operations, and Company-Operated Restaurant Operations.

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Analyst Recommendations for Dine Brands Global (NYSE:DIN)

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