In today’s recent session, 0.65 million shares of the Denny’s Corp (NASDAQ:DENN) have been traded, and its beta is 1.85. Most recently the company’s share price was $3.86, and it changed around -$0.09 or -2.41% from the last close, which brings the market valuation of the company to $198.44M. DENN at last check was trading at a discount to its 52-week high of $9.25, offering almost -139.64% off that amount. The share price’s 52-week low was $3.80, which indicates that the recent value has risen by an impressive 1.55% since then. We note from Denny’s Corp’s average daily trading volume that its 10-day average is 1.56 million shares, with the 3-month average coming to 1.36 million.
Denny’s Corp stock received a consensus recommendation rating of Buy, based on a mean score of 1.78. If we narrow it down even further, the data shows that 0 out of 8 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 2 recommended DENN as a Hold, whereas 5 deemed it a Buy, and 0 rated it as Underweight.
Denny’s Corp (NASDAQ:DENN) trade information
Instantly DENN has been showing red trend so far today with a performance of -2.41% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 4.11 on recent trading dayincreased the stock’s daily price by 6.08%. The company’s shares are currently down -36.28% year-to-date, but still down -2.16% over the last five days. On the other hand, Denny’s Corp (NASDAQ:DENN) is -26.01% down in the 30-day period. We can see from the shorts that 3.46 million shares have been sold at a short interest cover period of 2.11 day(s).
The consensus price target as assigned by Wall Street analysts is $7.5, which translates to bulls needing to increase their stock price by 48.53% from its current value. Analyst projections state that DENN is forecast to be at a low of $7 and a high of $8.
Denny’s Corp (NASDAQ:DENN)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 3.13% of Denny’s Corp shares, and 88.87% of them are in the hands of institutional investors. The stock currently has a share float of 91.73%. Denny’s Corp stock is held by 199.0 institutions, with ALLSPRING GLOBAL INVESTMENTS HOLDINGS, LLC being the largest institutional investor. By 2024-06-30, it held 15.3268% of the shares, which is about 8.08 million shares worth $57.34 million.
BLACKROCK INC., with 7.5891% or 4.0 million shares worth $28.39 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
Allspring Special Small Cap Value Fund and Vanguard Total Stock Market Index Fund were the top two Mutual Funds as of Jan 31, 2025. The former held 4.83 shares worth $18.53 million, making up 9.35% of all outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held roughly 1.46 shares worth around $5.6 million, which represents about 2.83% of the total shares outstanding.