Daily Progress: Denny’s Corp. (DENN) Drop -3.10, Closing at 5.63

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In the latest session, Denny’s Corp. (NASDAQ: DENN) closed at $5.63 down -3.10% from its previous closing price of $5.81. In other words, the price has decreased by -$3.10 from its previous closing price. On the day, 0.76 million shares were traded. DENN stock price reached its highest trading level at $5.85 during the session, while it also had its lowest trading level at $5.59.

Ratios:

For a deeper understanding of Denny’s Corp.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 73.03 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.44. For the most recent quarter (mrq), Quick Ratio is recorded 0.35 and its Current Ratio is at 0.37.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Piper Sandler on July 18, 2023, initiated with a Neutral rating and assigned the stock a target price of $12.

On December 21, 2022, Wedbush Downgraded its rating to Neutral which previously was Outperform and also lowered its target price recommendation from $12.50 to $10.

On August 29, 2022, CL King started tracking the stock assigning a Buy rating and target price of $14.CL King initiated its Buy rating on August 29, 2022, with a $14 target price.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jun 14 ’24 when Gilmore Jay C bought 12,000 shares for $6.51 per share. The transaction valued at 78,118 led to the insider holds 121,227 shares of the business.

Verostek Robert P. bought 10,000 shares of DENN for $65,299 on Jun 14 ’24. The EVP, Chief Financial Officer now owns 24,000 shares after completing the transaction at $6.53 per share. On May 22 ’24, another insider, LAUDERBACK BRENDA J, who serves as the Director of the company, sold 11,145 shares for $7.36 each. As a result, the insider received 82,009 and left with 15,406 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DENN now has a Market Capitalization of 298482912 and an Enterprise Value of 674796416. As of this moment, Denny’s’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.06, and their Forward P/E ratio for the next fiscal year is 8.70. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.78. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.64. Its current Enterprise Value per Revenue stands at 1.482 whereas that against EBITDA is 9.734.

Stock Price History:

Over the past 52 weeks, DENN has reached a high of $11.16, while it has fallen to a 52-week low of $5.73. The 50-Day Moving Average of the stock is -18.42%, while the 200-Day Moving Average is calculated to be -35.31%.

Shares Statistics:

For the past three months, DENN has traded an average of 675.86K shares per day and 917690 over the past ten days. A total of 52.24M shares are outstanding, with a floating share count of 49.86M. Insiders hold about 2.95% of the company’s shares, while institutions hold 85.75% stake in the company. Shares short for DENN as of 1721001600 were 1859867 with a Short Ratio of 2.55, compared to 1718323200 on 1681042. Therefore, it implies a Short% of Shares Outstanding of 1859867 and a Short% of Float of 4.4299997.

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