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The closing price of Denny’s Corp. (NASDAQ: DENN) was $6.40 for the day, down -2.74% from the previous closing price of $6.58. In other words, the price has decreased by -$2.74 from its previous closing price. On the day, 0.7 million shares were traded. DENN stock price reached its highest trading level at $6.555 during the session, while it also had its lowest trading level at $6.39.
Ratios:
Our analysis of DENN’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 83.02 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.60. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jun 14 ’24 when Verostek Robert P. bought 10,000 shares for $6.53 per share. The transaction valued at 65,299 led to the insider holds 24,000 shares of the business.
Gilmore Jay C bought 12,000 shares of DENN for $78,118 on Jun 14 ’24. The Sr. VP, CAO & Corp. Controller now owns 121,227 shares after completing the transaction at $6.51 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 339068160 and an Enterprise Value of 714354432. As of this moment, Denny’s’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.25, and their Forward P/E ratio for the next fiscal year is 9.88. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.03. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.72. Its current Enterprise Value per Revenue stands at 1.569 whereas that against EBITDA is 10.305.
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 $5.59. The 50-Day Moving Average of the stock is -0.24%, while the 200-Day Moving Average is calculated to be -21.36%.
Shares Statistics:
DENN traded an average of 605.97K shares per day over the past three months and 510000 shares per day over the past ten days. A total of 52.24M shares are outstanding, with a floating share count of 49.84M. Insiders hold about 2.98% of the company’s shares, while institutions hold 84.96% stake in the company. Shares short for DENN as of 1726185600 were 1613443 with a Short Ratio of 2.66, compared to 1723680000 on 1672722. Therefore, it implies a Short% of Shares Outstanding of 1613443 and a Short% of Float of 3.8599998.