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.”
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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.
