Wedbush analyst Nick Setyan maintained a Buy rating on Dine Brands Global (NYSE:DIN) Inc on Wednesday, setting a price target of $105, which is approximately 46.20% above the present share price of $71.82.
Setyan expects Dine Brands Global Inc to post earnings per share (EPS) of $1.34 for the fourth quarter of 2021.
The current consensus among 4 TipRanks analysts is for a Strong Buy rating of shares in Dine Brands Global, with an average price target of $102.5.
The analysts price targets range from a high of $108 to a low of $98.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $228.72 million and a net profit of $48.24 million. The company's market cap is $1.24 billion.
According to TipRanks.com, Wedbush analyst Nick Setyan is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 8.1% and a 49.88% success rate.
Dine Brands Global, Inc. owns and franchises casual and family dining restaurants. It operates through the following segments: Franchise, Rental, Company Restaurant, and Financing Operations. The Franchise Operations segment comprises of royalties, fees, and other income for Applebee's and IHOP franchised and area licensed restaurants. The Rental Operations segment covers rental income derived from lease or sublease agreements covering IHOP and Applebee's franchised restaurants. The Company Restaurant Operations includes retail sales from IHOP company-operated restaurants. The Financing Operations segment is in charge of interest income from receivables for equipment leases and franchise fee notes generally associated with IHOP franchised restaurants developed before 2003. The company was founded by Jerry Lapin, Al Lapin, Jr. and Albert Kallis on July 7, 1958 and is headquartered in Glendale, CA.