In the last trading session, 1.18 million Denny’s Corp (NASDAQ:DENN) shares changed hands as the company’s beta touched 1.86. With the company’s per share price at $3.94 changed hands at $0.02 or 0.51% during last session, the market valuation stood at $203.35M. DENN’s last price was a discount, traded about -134.77% off its 52-week high of $9.25. The share price had its 52-week low at $3.84, which suggests the last value was 2.54% up since then. When we look at Denny’s Corp’s average trading volume, we note the 10-day average is 1.64 million shares, with the 3-month average coming to 1.28 million.
Analysts gave the Denny’s Corp (DENN) stock a consensus recommendation rating of Hold, calculated at a mean rating of 1.78. If we narrow down to specifics, the data shows that 0 out of 2 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 2 recommended DENN as a Hold, 0 felt it is a Buy and 0 rated the stock as Underweight. Denny’s Corp’s EPS for the current quarter is expected to be 0.08.
Denny’s Corp (NASDAQ:DENN) trade information
Instantly DENN was in green as seen at the end of in last trading. With action -4.83%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -34.88%, with the 5-day performance at -4.83% in the red. However, in the 30-day time frame, Denny’s Corp (NASDAQ:DENN) is -18.93% down. Looking at the short shares, we see there were 3.27 million shares sold at short interest cover period of 2.09 days.
The consensus price target for the stock as assigned by Wall Street analysts is 7.5, meaning bulls need an upside of 47.47% from its current market value. According to analyst projections, DENN’s forecast low is 7 with 8 as the target high. To hit the forecast high, the stock’s price needs a -103.05% plunge from its current level, while the stock would need to soar -77.66% for it to hit the projected low.
Denny’s Corp (DENN) estimates and forecasts
Year-over-year growth is forecast to reach 3.73% up from the last financial year.
Consensus estimates given by 8 financial analysts project the company’s revenue in the current quarter to hit an average of 110.11M. 8 analysts are of the opinion that Denny’s Corp’s revenue for the current quarter will be 116.46M. The company’s revenue for the corresponding quarters a year ago was 109.97M and 115.93M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 0.12%. The estimates for the next quarter sales put growth at 0.46%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -26.40%. The 2025 estimates are for Denny’s Corp earnings to decrease by -8.06%.
DENN Dividends
Denny’s Corp is expected to release its next quarterly earnings report on 2025-Feb-11.
Denny’s Corp (NASDAQ:DENN)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 3.13% of Denny’s Corp shares while 87.52% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 90.34%. There are 87.52% institutions holding the Denny’s Corp stock share, with ALLSPRING GLOBAL INVESTMENTS HOLDINGS, LLC the top institutional holder. As of 2024-06-30, the company held 15.3268% of the shares, roughly 8.08 million DENN shares worth $57.34 million.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 7.5349% or 4.0 million shares worth $28.39 million as of 2024-06-30.
Among Mutual Funds, the top two as of Jan 31, 2025 were Allspring Special Small Cap Value Fund and Vanguard Total Stock Market Index Fund . With 4.83 shares estimated at $19.02 million under it, the former controlled 9.35% of total outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held about 2.83% of the shares, roughly 1.46 shares worth around $5.75 million.
