A share price of Denny’s Corp [DENN] is currently trading at $6.13, up 0.66%. An important factor to consider is whether the stock is rising or falling in short-term value. The DENN shares have gain 4.43% over the last week, with a monthly amount drifted -3.62%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Denny’s Corp [NASDAQ: DENN] stock has seen the most recent analyst activity on October 25, 2024, when Citigroup upgraded its rating to a Buy and also boosted its price target to $7.50 from $7. Previously, Piper Sandler started tracking the stock with Neutral rating on July 18, 2023, and set its price target to $12. On December 21, 2022, downgrade downgraded it’s rating to Neutral and revised its price target to $10 on the stock. CL King started tracking the stock assigning a Buy rating and suggested a price target of $14 on August 29, 2022. Wedbush upgraded its rating to a Outperform and raised its price target to $12.50 on August 23, 2022. Wedbush downgraded its rating to Neutral for this stock on June 24, 2022, and downed its price target to $10. In a note dated April 12, 2022, Citigroup initiated an Neutral rating and provided a target price of $15 on this stock.
Denny’s Corp experienced fluctuations in its stock price throughout the past year between $5.37 and $11.16. Currently, Wall Street analysts expect the stock to reach $7.5 within the next 12 months. Denny’s Corp [NASDAQ: DENN] shares were valued at $6.13 at the most recent close of the market. An investor can expect a potential return of 22.35% based on the average DENN price forecast.
Analyzing the DENN fundamentals
Trailing Twelve Months sales for Denny’s Corp [NASDAQ:DENN] were 453.01M which represents -2.12% decline. Gross Profit Margin for this corporation currently stands at 0.29% with Operating Profit Margin at 0.1%, Pretax Profit Margin comes in at 0.05%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is -0.31 and Total Capital is 0.12. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -5.09.
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 5.84 points at the first support level, and at 5.56 for the second support level. However, for the 1st resistance point, the stock is sitting at 6.32, and for the 2nd resistance point, it is at 6.52.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Denny’s Corp [NASDAQ:DENN] is 0.39. On the other hand, the Quick Ratio is 0.37, and the Cash Ratio is 0.02. Considering the valuation of this stock, the price to sales ratio is 0.70 and price to earnings (TTM) ratio is 18.33.
Transactions by insiders
Recent insider trading involved Verostek Robert P., EVP, Chief Financial Officer, that happened on Jun 14 ’24 when 10000.0 shares were purchased. Sr. VP, CAO & Corp. Controller, Gilmore Jay C completed a deal on Jun 14 ’24 to buy 12000.0 shares. Meanwhile, Director LAUDERBACK BRENDA J sold 11145.0 shares on May 22 ’24.
