DINE BRANDS GLOBAL's (DIN) "Sell (D+)" Rating Reiterated at Weiss Ratings

Key Points

• DINE BRANDS GLOBAL (DIN) has had its "sell (D+)" rating reaffirmed by Weiss Ratings, indicating ongoing concerns among analysts regarding the stock's performance.
• The company's recent earnings results showed an EPS of $1.17, which fell short of the consensus estimate of $1.49, despite a 11.9% year-over-year increase in revenue.
• Insider activity includes significant share purchases by CFO Vance Yuwen Chang and CEO John W. Peyton, suggesting confidence in the company's future potential despite current challenges.

DINE BRANDS GLOBAL (NYSE:DIN - Get Free Report)'s stock had its "sell (d+)" rating reiterated by stock analysts at Weiss Ratings in a research note issued to investors on Wednesday,Weiss Ratings reports.

DIN has been the topic of several other research reports. KeyCorp lowered their target price on shares of DINE BRANDS GLOBAL from $30.00 to $26.00 and set an "overweight" rating on the stock in a report on Thursday, August 7th. Zacks Research raised shares of DINE BRANDS GLOBAL from a "strong sell" rating to a "hold" rating in a report on Monday. Finally, Barclays decreased their price objective on shares of DINE BRANDS GLOBAL from $24.00 to $22.00 and set an "equal weight" rating on the stock in a report on Thursday, August 7th. One research analyst has rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $26.00.

DINE BRANDS GLOBAL Price Performance

Shares of NYSE DIN traded down $0.28 during trading hours on Wednesday, hitting $26.57. 388,073 shares of the stock were exchanged, compared to its average volume of 598,726. The firm has a market capitalization of $408.65 million, a P/E ratio of 8.86 and a beta of 1.05. DINE BRANDS GLOBAL has a one year low of $18.63 and a one year high of $37.44. The company's 50 day moving average is $23.38 and its 200 day moving average is $23.45.

DINE BRANDS GLOBAL (NYSE:DIN - Get Free Report) last released its earnings results on Wednesday, August 6th. The restaurant operator reported $1.17 EPS for the quarter, missing the consensus estimate of $1.49 by ($0.32). DINE BRANDS GLOBAL had a net margin of 5.40% and a negative return on equity of 31.66%. The company had revenue of $230.78 million for the quarter, compared to analyst estimates of $222.69 million. During the same quarter in the previous year, the company earned $1.71 earnings per share. DINE BRANDS GLOBAL's revenue for the quarter was up 11.9% compared to the same quarter last year. Research analysts anticipate that DINE BRANDS GLOBAL will post 5.84 earnings per share for the current fiscal year.

Insider Activity at DINE BRANDS GLOBAL

In related news, CFO Vance Yuwen Chang bought 2,340 shares of DINE BRANDS GLOBAL stock in a transaction that occurred on Thursday, August 21st. The shares were acquired at an average cost of $21.10 per share, for a total transaction of $49,374.00. Following the completion of the acquisition, the chief financial officer directly owned 54,130 shares of the company's stock, valued at approximately $1,142,143. The trade was a 4.52% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO John W. Peyton purchased 4,523 shares of the business's stock in a transaction on Tuesday, August 19th. The shares were acquired at an average price of $22.11 per share, for a total transaction of $100,003.53. Following the completion of the acquisition, the chief executive officer directly owned 189,563 shares in the company, valued at approximately $4,191,237.93. This represents a 2.44% increase in their position. The disclosure for this purchase can be found here. Corporate insiders own 4.56% of the company's stock.

Institutional Trading of DINE BRANDS GLOBAL

Several hedge funds have recently bought and sold shares of DIN. GDS Wealth Management bought a new position in DINE BRANDS GLOBAL during the 1st quarter valued at $609,000. Charles Schwab Investment Management Inc. lifted its stake in DINE BRANDS GLOBAL by 21.7% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 189,154 shares of the restaurant operator's stock valued at $4,402,000 after acquiring an additional 33,731 shares in the last quarter. Kingsview Wealth Management LLC bought a new position in DINE BRANDS GLOBAL during the 1st quarter valued at $334,000. Nuveen LLC bought a new position in DINE BRANDS GLOBAL during the 1st quarter valued at $1,080,000. Finally, Trexquant Investment LP lifted its stake in DINE BRANDS GLOBAL by 40.4% during the 1st quarter. Trexquant Investment LP now owns 129,616 shares of the restaurant operator's stock valued at $3,016,000 after acquiring an additional 37,272 shares in the last quarter. Institutional investors and hedge funds own 92.83% of the company's stock.

DINE BRANDS GLOBAL Company Profile

Dine Brands Global, Inc, together with its subsidiaries, owns, franchises, and operates restaurants in the United States and internationally. The company operates through six segments: Applebee's Franchise Operations, International House of Pancakes (IHOP) Franchise Solutions, Fuzzy's franchise operations, Rental Operations, Financing Operations, and Company-Operated Restaurant Operations.

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