Denny’s Corp.’s (DENN) Stock: A Long-Term Performance Analysis

The stock of Denny’s Corp. (DENN) has gone up by 0.63% for the week, with a -10.51% drop in the past month and a -21.71% drop in the past quarter. The volatility ratio for the week is 2.82%, and the volatility levels for the past 30 days are 2.97% for DENN. The simple moving average for the last 20 days is -6.71% for DENN’s stock, with a simple moving average of -21.84% for the last 200 days.

Is It Worth Investing in Denny’s Corp. (NASDAQ: DENN) Right Now?

Denny’s Corp. (NASDAQ: DENN) has a higher price-to-earnings ratio of 16.63x compared to its average ratio. DENN has 36-month beta value of 2.01. Analysts have mixed views on the stock, with 3 analysts rating it as a “buy,” 1 as “overweight,” 5 as “hold,” and 0 as “sell.”

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The public float for DENN is 50.52M, and currently, short sellers hold a 3.46% ratio of that float. The average trading volume of DENN on May 31, 2024 was 488.65K shares.

DENN) stock’s latest price update

The stock price of Denny’s Corp. (NASDAQ: DENN) has jumped by 3.38 compared to previous close of 6.96. Despite this, the company has seen a gain of 0.63% in its stock price over the last five trading days. globenewswire.com reported 2024-05-30 that Kickoff Includes Signing of Alliance with 14 Partners including NAACP, HACR and the St. Thomas University Benjamin L. Crump College of Law, and Scholarship Presentation Kickoff Includes Signing of Alliance with 14 Partners including NAACP, HACR and the St. Thomas University Benjamin L. Crump College of Law, and Scholarship Presentation

Analysts’ Opinion of DENN

Many brokerage firms have already submitted their reports for DENN stocks, with Piper Sandler repeating the rating for DENN by listing it as a “Neutral.” The predicted price for DENN in the upcoming period, according to Piper Sandler is $12 based on the research report published on July 18, 2023 of the previous year 2023.

Wedbush, 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 $12.50. The rating they have provided for DENN stocks is “Neutral” according to the report published on December 21st, 2022.

CL King gave a rating of “Buy” to DENN, setting the target price at $14 in the report published on August 29th of the previous year.

DENN Trading at -11.99% 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 -42.58% of loss for the given period.

Volatility was left at 2.97%, however, over the last 30 days, the volatility rate increased by 2.82%, as shares sank -11.29% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -21.51% lower at present.

During the last 5 trading sessions, DENN remain unchanged, which changed the moving average for the period of 200-days by -28.78% in comparison to the 20-day moving average, which settled at $7.67. In addition, Denny’s Corp. saw -33.87% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at DENN starting from LAUDERBACK BRENDA J, who sale 11,145 shares at the price of $7.36 back on May 22 ’24. After this action, LAUDERBACK BRENDA J now owns 15,406 shares of Denny’s Corp., valued at $82,009 using the latest closing price.

MILLER JOHN C, the Director of Denny’s Corp., sale 35,359 shares at $9.25 during a trade that took place back on Feb 26 ’24, which means that MILLER JOHN C is holding 740,626 shares at $326,915 based on the most recent closing price.

Stock Fundamentals for DENN

Current profitability levels for the company are sitting at:

  • 0.12 for the present operating margin
  • 0.31 for the gross margin

The net margin for Denny’s Corp. stands at 0.05. The total capital return value is set at 0.14.

Based on Denny’s Corp. (DENN), the company’s capital structure generated 1.25 points at debt to capital in total, while cash flow to debt ratio is standing at 0.2. The debt to equity ratio resting at -4.99. The interest coverage ratio of the stock is 2.71.

Currently, EBITDA for the company is 76.1 million with net debt to EBITDA at 5.69. When we switch over and look at the enterprise to sales, we see a ratio of 1.69. The receivables turnover for the company is 26.4for trailing twelve months and the total asset turnover is 0.99. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.38.

Conclusion

To put it simply, Denny’s Corp. (DENN) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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