Denny’s Corp (NASDAQ:DENN) price on current trading day, rose 1.84% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $4.01.
A look at the stock’s price movement, the level at last check in today’s session was $3.94, moving within a range at $3.8801 and $4.025. The beta value (5-Year monthly) was 2.087 while the PE ratio in trailing twelve months stood at 9.77. Turning to its 52-week performance, $9.25 and $3.80 were the 52-week high and 52-week low respectively. Overall, DENN moved -21.94% over the past month.
Denny’s Corp’s market cap currently stands at around $207.09 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-11.
Analysts have a consensus estimate of 110.11M for the company’s revenue for the quarter, with a low and high estimate of 107M and 113.44M respectively. The average forecast suggests up to a 0.12% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 469.22M, representing a 3.73% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that DENN is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
2 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 2 analyst(s) rate the stock as a Hold, 0 recommend DENN as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Hold which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
DENN’s current price about -9.49% and -25.59% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 29.98, while 7-day volatility ratio is 4.52% and 5.28% in the 30-day chart. Further, Denny’s Corp (DENN) has a beta value of 1.86, and an average true range (ATR) of 0.26. Analysts have given the company’s stock an average 52-week price target of $7.5, forecast between a low of $7 and high of $8. Looking at the price targets, the low is -74.56% off recent price level in today’s trading while to achieve the yearly target high, it has to move -99.5%. Nonetheless, investors will most likely welcome a -87.03% jump to $7.5 which is the analysts’ median price.
If we refocus on Denny’s Corp (NASDAQ:DENN), historical trading data shows that trading volumes averaged 1.48 over the past 10 days and 1.30 million over the past 3 months. The company’s latest data on shares outstanding shows there are 51.33 million shares.
The 3.44% of Denny’s Corp’s shares are in the hands of company insiders while institutional holders own 86.49% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 3.27 million on 2025-02-28, giving us a short ratio of 2.09. The data shows that as of 2025-02-28 short interest in Denny’s Corp (DENN) stood at 777.0 of shares outstanding, with shares short rising to 2.38 million registered in 2025-01-31. Current price change has pushed the stock -33.68% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the DENN stock continues to rise going into the next quarter.
