The stock of Denny’s Corp (DENN) has gone up by 10.90% for the week, with a 9.20% rise in the past month and a 17.18% rise in the past quarter. The volatility ratio for the week is 5.27%, and the volatility levels for the past 30 days are 4.92% for DENN. The simple moving average for the past 20 days is 5.99% for DENN’s stock, with a -5.04% simple moving average for the past 200 days.
Is It Worth Investing in Denny’s Corp (NASDAQ: DENN) Right Now?
The price-to-earnings ratio for Denny’s Corp (NASDAQ: DENN) is 19.17x, which is above its average ratio. Moreover, the 36-month beta value for DENN is 2.03. Analysts have varying opinions on the stock, with 4 analysts rating it as a “buy,” 1 as “overweight,” 3 as “hold,” and 0 as “sell.”
The public float for DENN is 49.61M and currently, short sellers hold a 3.86% of that float. On January 24, 2025, DENN’s average trading volume was 750.16K shares.
DENN) stock’s latest price update
The stock of Denny’s Corp (NASDAQ: DENN) has decreased by -0.31 when compared to last closing price of 6.43. Despite this, the company has experienced a 10.90% gain in its stock price over the last five trading sessions. seekingalpha.com reported 2025-01-15 that Denny’s saw a modest 1.1% same-store sales growth in Q4 2024, marking the first increase in five quarters, but challenges remain. Keke’s expansion is accelerating, with 12 new locations in FY 2024 and a target of 200 locations, driven by a 25%-30% CAGR. Virtual brand Banda Burrito boosted off-premise sales by 9.5% in Q3 FY 2024, providing relief for underperforming locations.
Analysts’ Opinion of DENN
Many brokerage firms have already submitted their reports for DENN stocks, with Citigroup repeating the rating for DENN by listing it as a “Buy.” The predicted price for DENN in the upcoming period, according to Citigroup is $7.50 based on the research report published on October 25, 2024 of the previous year 2024.
Piper Sandler, on the other hand, stated in their research note that they expect to see DENN reach a price target of $12. The rating they have provided for DENN stocks is “Neutral” according to the report published on July 18th, 2023.
Wedbush gave a rating of “Neutral” to DENN, setting the target price at $10 in the report published on December 21st of the previous year.
DENN Trading at 3.19% 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 -42.56% of loss for the given period.
Volatility was left at 4.92%, however, over the last 30 days, the volatility rate increased by 5.27%, as shares surge +11.61% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -7.87% lower at present.
During the last 5 trading sessions, DENN rose by +11.42%, which changed the moving average for the period of 200-days by -26.65% in comparison to the 20-day moving average, which settled at $6.05. In addition, Denny’s Corp saw 5.95% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at DENN starting from Verostek Robert P., who purchase 10,000 shares at the price of $6.53 back on Jun 14 ’24. After this action, Verostek Robert P. now owns 24,000 shares of Denny’s Corp, valued at $65,299 using the latest closing price.
Gilmore Jay C, the Sr. VP, CAO & Corp. Controller of Denny’s Corp, purchase 12,000 shares at $6.51 during a trade that took place back on Jun 14 ’24, which means that Gilmore Jay C is holding 121,227 shares at $78,118 based on the most recent closing price.
Stock Fundamentals for DENN
Current profitability levels for the company are sitting at:
- 0.1 for the present operating margin
- 0.29 for the gross margin
The net margin for Denny’s Corp stands at 0.04. The total capital return value is set at 0.12.
Based on Denny’s Corp (DENN), the company’s capital structure generated 1.16 points at debt to capital in total, while cash flow to debt ratio is standing at 0.1. The debt to equity ratio resting at -7.42. The interest coverage ratio of the stock is 2.15.
Currently, EBITDA for the company is 63.77 million with net debt to EBITDA at 6.06. When we switch over and look at the enterprise to sales, we see a ratio of 1.62. The receivables turnover for the company is 26.59for trailing twelve months and the total asset turnover is 0.98. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.39.
Conclusion
To wrap up, the performance of Denny’s Corp (DENN) has been better in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. 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.
