DineEquity, Inc. (DIN) was a big mover last session, as its shares rose nearly 7% on the day. The rise came on solid volume too with far more shares changing hands than in a normal session. This breaks the trend for the company, as the stock is now trading above the volatile price range of $75.28 to $79.80 in the past one-month timeframe.
In the last 30 days, the company has seen one negative estimate revision and the Zacks Consensus Estimate also moved lower, suggesting trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday’s move higher can last.
DineEquity currently has a Zacks Rank #4 (Sell) while its Earnings ESP is positive.
Better-ranked medical stocks include Arcos Dorados Holdings Inc. Cla (ARCO), Buffalo Wild Wings Inc. (BWLD) and Burger King Worldwide, Inc. (BKW). All three carry a Zacks Rank #2 (Buy).
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