Barclays has revised its price target for Dine Brands Global Inc. (DIN, Financial), reducing it to $21 from a previous target of $26. The bank maintains an Equal Weight rating for the stock as it provides a preview of the restaurant group's first-quarter performance.
According to analysts, the initial part of the quarter saw comparable sales being negatively affected by adverse weather conditions. Although there was a partial improvement in March, the recovery was not complete, indicating a broader trend of declining consumer spending.
While the restaurant sector generally remains protected from direct tariff impacts due to supply chain issues, the anticipated dip in consumer demand poses a more significant challenge. The analysis suggests that the current consumer behavior might lead to more pronounced difficulties for Dine Brands in maintaining its sales momentum.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 7 analysts, the average target price for Dine Brands Global Inc (DIN, Financial) is $29.86 with a high estimate of $45.00 and a low estimate of $25.00. The average target implies an upside of 46.57% from the current price of $20.37. More detailed estimate data can be found on the Dine Brands Global Inc (DIN) Forecast page.
Based on the consensus recommendation from 10 brokerage firms, Dine Brands Global Inc's (DIN, Financial) average brokerage recommendation is currently 2.9, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Dine Brands Global Inc (DIN, Financial) in one year is $57.04, suggesting a upside of 180.02% from the current price of $20.37. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Dine Brands Global Inc (DIN) Summary page.
