Is It Right Time to Be Cautious on Dine Brands Global Inc. (NYSE:DIN), Avangrid Inc. (NYSE:AGR)?

The shares of Dine Brands Global Inc. (NYSE:DIN) has been pegged with a rating of Mkt Perform by Raymond James in its latest research note that was published on February 25, 2020. Raymond James wasn’t the only research firm that published a report of Dine Brands Global Inc., with other equities research analysts also giving their opinion on the stock. MKM Partners advised investors in its research note published on February 25, 2020, to Neutral the DIN stock while also putting a $105 price target. The stock had earned Hold rating from Deutsche Bank Markets when it published its report on January 13, 2020. That day the Deutsche Bank set price target on the stock to $90. Maxim Group was of a view that DIN is Buy in its latest report on October 21, 2019. MKM Partners thinks that DIN is worth Buy rating.

Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 3 believe it has the potential for further growth, thus rating it as Hold while 4 advised investors to purchase the stock. The consensus currently stands at a Overweight while its average price target is $108.57. The price of the stock the last time has raised by 110.10% from its 52-Week high price while it is -71.52% than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 32.51.

The shares of the company added by 18.38% during the trading session on Wednesday, reaching a low of $27.14 while ending the day at $29.75. During the trading session, a total of 3.02 million shares were traded which represents a -454.38% decline from the average session volume which is 544540.0 shares. DIN had ended its last session trading at $25.13. Dine Brands Global Inc. currently has a market cap of $489.42 million, while its P/E ratio stands at 5.09, while its P/E earnings growth sits at 0.54, with a beta of 1.66. DIN 52-week low price stands at $14.16 while its 52-week high price is $104.46.

The company in its last quarterly report recorded $1.78 earnings per share which is above the predicted by most analysts. The Dine Brands Global Inc. generated 156.78 million in revenue during the last quarter. In the second quarter last year, the firm recorded $1.55 earnings per share. Compared to the same quarter last year, the firm’s revenue was down by -6.74%. Dine Brands Global Inc. has the potential to record 7.23 EPS for the current fiscal year, according to equities analysts.

Investment analysts at Janney published a research note on March 13, 2020 where it informed investors and clients that Avangrid Inc. (NYSE:AGR) is now rated as Neutral. Goldman also rated AGR as Downgrade on January 16, 2020, with its price target of $49 suggesting that AGR could surge by 16.12% from its current share price. Even though the stock has been trading at $37.66/share, analysts expect it to surge by 10.09% to reach $49.43/share. It started the day trading at $42.31 and traded between $36.54 and $41.46 throughout the trading session.

A look at its technical shows that AGR’s 50-day SMA is 50.75 while its 200-day SMA stands at 50.30. The stock has a high of $57.24 for the year while the low is $35.62. The stock, however, witnessed a rise in its short on 03/13/20. Compared to previous close which recorded 2.3 M shorted shares, the short percentage went higher by 14.39%, as 2.63M DIN shares were shorted. At the moment, only 4.14% of Avangrid Inc. shares were sold short. The company’s P/E ratio currently sits at 18.34, while the P/B ratio is 0.84. The company’s average trading volume currently stands at 728.27K shares, which means that the short-interest ratio is just 3.15 days. Over the past seven days, the company moved, with its shift of -17.36%. Looking further, the stock has dropped -19.31% over the past 90 days while it lost -20.38% over the last six months.

The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. The Wellington Management Co. LLP bought more AGR shares, increasing its portfolio by 0.93% during the last quarter. This move now sees The Wellington Management Co. LLP purchasing 73,928 shares in the last quarter, thus it now holds 8,032,873 shares of AGR, with a total valuation of $399,153,459. The Vanguard Group, Inc. meanwhile sold more AGR shares in the recently filed quarter, changing its stake to $302,139,498 worth of shares.

Similarly, City National Rochdale LLC increased its Avangrid Inc. shares by 5.54% during the recently filed quarter. After buying 3,559,773 shares in the last quarter, the firm now controls 186,993 shares of Avangrid Inc. which are valued at $176,885,120. In the same vein, Pzena Investment Management LLC increased its Avangrid Inc. shares by during the most recent reported quarter. The firm bought 387,138 shares during the quarter which increased its stakes to 2,578,638 shares and is now valued at $128,132,522. Following these latest developments, around 0.40% of Avangrid Inc. stocks are owned by institutional investors and hedge funds.