Market Insight: Denny’s Corp (DENN)’s Notable Gain, Closing at 5.87

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In the latest session, Denny’s Corp (NASDAQ: DENN) closed at $5.87 up 1.73% from its previous closing price of $5.77. In other words, the price has increased by $1.73 from its previous closing price. On the day, 0.51 million shares were traded. DENN stock price reached its highest trading level at $5.89 during the session, while it also had its lowest trading level at $5.755.

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 70.14 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.24. For the most recent quarter (mrq), Quick Ratio is recorded 0.37 and its Current Ratio is at 0.39.

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 the company, Citigroup on October 25, 2024, Upgraded its rating to Buy and sets its target price to $7.50 from $7 previously.

On July 18, 2023, Piper Sandler started tracking the stock assigning a Neutral rating and target price of $12.

Wedbush Downgraded its Outperform to Neutral on December 21, 2022, whereas the target price for the stock was revised from $12.50 to $10.

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 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 301301824 and an Enterprise Value of 701396800. As of this moment, Denny’s’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.55, and their Forward P/E ratio for the next fiscal year is 9.98. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.95. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.68. Its current Enterprise Value per Revenue stands at 1.548 whereas that against EBITDA is 10.775.

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 $5.37. The 50-Day Moving Average of the stock is -8.40%, while the 200-Day Moving Average is calculated to be -16.31%.

Shares Statistics:

For the past three months, DENN has traded an average of 686.14K shares per day and 721230 over the past ten days. A total of 51.33M shares are outstanding, with a floating share count of 49.78M. Insiders hold about 3.02% of the company’s shares, while institutions hold 84.51% stake in the company. Shares short for DENN as of 1732838400 were 1528696 with a Short Ratio of 2.30, compared to 1730332800 on 1906018. Therefore, it implies a Short% of Shares Outstanding of 1528696 and a Short% of Float of 3.66.

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