Dine Brands Global (DIN) Releases FY 2019 Earnings Guidance
Dine Brands Global (NYSE:DIN) updated its FY 2019 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of $6.90-7.20 for the period, compared to the Thomson Reuters consensus estimate of $6.93. Dine Brands Global also updated its FY19 guidance to $6.90-7.20 EPS.
A number of equities research analysts recently issued reports on the company. ValuEngine raised Dine Brands Global from a hold rating to a buy rating in a research report on Saturday, November 10th. Zacks Investment Research upgraded Dine Brands Global from a sell rating to a hold rating in a research note on Thursday, November 15th. TheStreet upgraded Dine Brands Global from a d+ rating to a c+ rating in a research note on Friday, November 2nd. Maxim Group restated a buy rating on shares of Dine Brands Global in a research note on Wednesday, January 9th. Finally, Wedbush began coverage on Dine Brands Global in a report on Thursday, January 31st. They issued an outperform rating and a $120.00 price objective for the company. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the stock. Dine Brands Global presently has a consensus rating of Hold and an average price target of $108.00.
DIN stock traded up $10.98 during trading on Thursday, reaching $99.49. 1,389,138 shares of the stock were exchanged, compared to its average volume of 344,260. Dine Brands Global has a twelve month low of $61.89 and a twelve month high of $99.75. The company has a market cap of $1.55 billion, a P/E ratio of 23.97 and a beta of 0.45.
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About Dine Brands Global
Dine Brands Global, Inc, together with its subsidiaries, owns, franchises, operates, and rents full-service restaurants in the United States and internationally. It operates through four segments: Franchise Operations, Rental Operations, Company Restaurant Operations, and Financing Operations. The company owns and franchises two restaurant concepts, including Applebee's Neighborhood Grill & Bar (Applebee's) in the bar and grill segment of the casual dining category of the restaurant industry; and International House of Pancakes (IHOP) in the family dining category of the restaurant industry.
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