It’s still a bull thesis, just subverted: Denny’s Corp. (DENN)

At the time of writing, Denny’s Corp. [DENN] stock is trading at $7.25, down -3.72%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The DENN shares have gain 4.47% over the last week, with a monthly amount glided 9.19%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Denny’s Corp. [NASDAQ: DENN] stock has seen the most recent analyst activity on July 18, 2023, when Piper Sandler initiated its Neutral rating and assigned the stock a price target of $12. Previously, Wedbush downgraded its rating to Neutral on December 21, 2022, and dropped its price target to $10. On August 29, 2022, CL King initiated with a Buy rating and assigned a price target of $14 on the stock. Wedbush upgraded its rating to a Outperform and increased its price target to $12.50 on August 23, 2022. Wedbush downgraded its rating to a Neutral and reduced its price target to $10 on June 24, 2022. Citigroup started tracking with a Neutral rating for this stock on April 12, 2022, and assigned it a price target of $15. In a note dated December 02, 2021, The Benchmark Company initiated an Buy rating and provided a target price of $19 on this stock.

For the past year, the stock price of Denny’s Corp. fluctuated between $6.33 and $11.91. Currently, Wall Street analysts expect the stock to reach $11.75 within the next 12 months. Denny’s Corp. [NASDAQ: DENN] shares were valued at $7.25 at the most recent close of the market. An investor can expect a potential return of 62.07% based on the average DENN price forecast.

Analyzing the DENN fundamentals

According to Denny’s Corp. [NASDAQ:DENN], the company’s sales were 456.43M for trailing twelve months, which represents an -6.38% plunge. Gross Profit Margin for this corporation currently stands at 0.31% with Operating Profit Margin at 0.12%, Pretax Profit Margin comes in at 0.07%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is -0.49 and Total Capital is 0.14. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -4.99.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 7.12 points at the first support level, and at 6.99 for the second support level. However, for the 1st resistance point, the stock is sitting at 7.50, and for the 2nd resistance point, it is at 7.75.

Ratios To Look Out For

It is important to note that Denny’s Corp. [NASDAQ:DENN] has a current ratio of 0.38. In addition, the Quick Ratio stands at 0.36 and the Cash Ratio stands at 0.01. Considering the valuation of this stock, the price to sales ratio is 0.83 and price to earnings (TTM) ratio is 16.76.

Transactions by insiders

Recent insider trading involved Gilmore Jay C, Sr. VP, CAO & Corp. Controller, that happened on Jun 14 ’24 when 12000.0 shares were purchased. EVP, Chief Financial Officer, Verostek Robert P. completed a deal on Jun 14 ’24 to buy 10000.0 shares. Meanwhile, Director LAUDERBACK BRENDA J sold 11145.0 shares on May 22 ’24.

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