Dine Brands Global, Inc. (DIN)

Analysts provide insights on consumer stocks with high dividend yields, highlighting mixed ratings and price target adjustments for companies in the consumer discretionary sector.

Cracker Barrel abandoned its new logo after widespread criticism, with the company quickly reverting to its original design following negative public and social media reactions. The incident highlighted ongoing challenges for the restaurant chain, which has experienced stagnant revenue and declining profits.

Although the revenue and EPS for Dine Brands (DIN) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Historically, consumer sentiment doesn't usually pick up while the business outlook is gloomy, except coming out of recessions.

Now is a suitable time for investors to start adding restaurant stocks to their portfolio, says Nick Setyan. He’s a Senior Equity Analyst at Wedbush Securities. Restaurant stocks are near a bottom Setyan likes the restaurant stocks down roughly 25% year-to-date because the potential reward, he says, is a lot bigger than the associated risk. [�...