UBS analyst Dennis Geiger downgrades $Dine Brands Global Inc (DIN.US)$ to a hold rating, and adjusts the target price from $44 to $32.
According to TipRanks data, the analyst has a success rate of 59.3% and a total average return of 6.3% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Dine Brands Global Inc (DIN.US)$'s main analysts recently are as follows:
The forecast for the U.S. restaurant sector appears more optimistic towards 2025, predicated on expectations of a modestly improving U.S. macroeconomic backdrop and industry environment. Many companies within the sector are anticipated to experience margin improvements due to benign food inflation, although key variables such as customer traffic, ongoing labor cost inflation, and heightened discounting activities pose potential risks.
The company is anticipated to project comparable growth in the very low single-digit range for 2025, suggesting the potential for another challenging year. Additionally, unit growth is expected to remain relatively flat, supporting at best a low-single-digit increase in revenue. Given the substantial comparable headwinds, a lack of unit growth, and limited earnings leverage, it is predicted that the shares may continue to underperform in 2025.
Note:
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