Denny’s Corporation (NASDAQ:DENN) went up by 3.48% from its latest closing price compared to the recent 1-year high of $22.13. The company’s stock price has collected 2.43% of gains in the last five trading sessions. Press Release reported on 01/11/21 that Denny’s Corporation Releases Preliminary Financial Results for Fourth Quarter and Fiscal Year 2020
Is It Worth Investing in Denny’s Corporation (NASDAQ :DENN) Right Now?
Denny’s Corporation (NASDAQ:DENN) scored a price-to-earnings ratio above its average ratio, recording 99.74 x from its present earnings ratio. Plus, the 36-month beta value for DENN is at 1.77. Opinions of the stock are interesting as 6 analysts out of 10 who provided ratings for Denny’s Corporation declared the stock was a “buy,” while 1 rated the stock as “overweight,” 3 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $16.06, which is $0.12 above the current price. DENN currently public float of 61.79M and currently shorts hold a 6.94% ratio of that float. Today, the average trading volume of DENN was 1.37M shares.
DENN’s Market Performance
DENN stocks went up by 2.43% for the week, with a monthly jump of 10.17% and a quarterly performance of 46.76%, while its annual performance rate touched -26.76%. The volatility ratio for the week stands at 4.79% while the volatility levels for the past 30 days are set at 4.52% for Denny’s Corporation. The simple moving average for the period of the last 20 days is 7.59% for DENN stocks with a simple moving average of 41.97% for the last 200 days.
Analysts’ Opinion of DENN
Many brokerage firms have already submitted their reports for DENN stocks, with Wells Fargo repeating the rating for DENN by listing it as a “Overweight.” The predicted price for DENN in the upcoming period, according to Wells Fargo is $16 based on the research report published on December 14th of the previous year 2020.
Stephens, on the other hand, stated in their research note that they expect to see DENN reach a price target of $10, previously predicting the price at $12. The rating they have provided for DENN stocks is “Equal-Weight” according to the report published on July 13th, 2020.
SunTrust gave a rating of “Buy” to DENN, setting the target price at $15 in the report published on June 17th of the previous year.
DENN Trading at 22.26% from the 50-Day Moving Average
After a stumble in the market that brought DENN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -31.50% of loss for the given period.
Volatility was left at 4.52%, however, over the last 30 days, the volatility rate increased by 4.79%, as shares surge +9.86% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +69.20% upper at present.
During the last 5 trading sessions, DENN rose by +2.43%, which changed the moving average for the period of 200-days by +93.12% in comparison to the 20-day moving average, which settled at $14.16. In addition, Denny’s Corporation saw 3.27% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at DENN starting from Dillon John William, who sale 8,900 shares at the price of $11.60 back on Sep 01. After this action, Dillon John William now owns 76,642 shares of Denny’s Corporation, valued at $103,206 using the latest closing price.
LAUDERBACK BRENDA J, the Director of Denny’s Corporation, sale 8,488 shares at $11.60 during a trade that took place back on Sep 01, which means that LAUDERBACK BRENDA J is holding 0 shares at $98,501 based on the most recent closing price.
Stock Fundamentals for DENN
Current profitability levels for the company are sitting at:
- +13.63 for the present operating margin
- +26.38 for the gross margin
The net margin for Denny’s Corporation stands at +21.69. The total capital return value is set at 31.32, while invested capital returns managed to touch 52.21. Equity return is now at value -6.40, with 2.40 for asset returns.
When we switch over and look at the enterprise to sales, we see a ratio of 3.09, with the company’s debt to enterprise value settled at 0.25. The receivables turnover for the company is 20.14 and the total asset turnover is 1.26. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.55.