Denny’s Corporation [NASDAQ: DENN] gained 1.98% or 0.23 points to close at $11.85 with a heavy trading volume of 1277107 shares. It opened the trading session at $10.90, the shares rose to $12.03 and dropped to $10.83, the range by which the price of stock traded the whole day. The daily chart for DENN points out that the company has recorded -41.71% loss over the past six months. However, it is still -163.33% lower than its most recent low trading price.
If we look at the average trading volume of 1.41M shares, DENN reached to a volume of 1277107 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Denny’s Corporation [DENN]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for DENN shares is $12.57 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on DENN stock is a recommendation set at 1.90. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
SunTrust have made an estimate for Denny’s Corporation shares, keeping their opinion on the stock as Buy, with their previous recommendation back on April 01, 2020. While these analysts kept the previous recommendation, Stephens raised their target price to Overweight. The new note on the price target was released on March 10, 2020, representing the official price target for Denny’s Corporation stock.
The Average True Range (ATR) for Denny’s Corporation is set at 1.07, with the Price to Sales ratio for DENN stock in the period of the last 12 months amounting to 1.26. Price to Free Cash Flow for DENN in the course of the last twelve months was 27.93 with Quick ratio for the last quarter at 1.10.
Trading performance analysis for DENN stock
Denny’s Corporation [DENN] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -14.01. With this latest performance, DENN shares gained by 35.12% in over the last four-week period, additionally sinking by -41.71% over the last 6 months – not to mention a drop of -43.03% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for DENN stock in for the last two-week period is set at 53.87, with the RSI for the last a single of trading hit 50.89, and the three-weeks RSI is set at 52.93 for Denny’s Corporation [DENN]. The present Moving Average for the last 50 days of trading for this stock 10.30, while it was recorded at 12.04 for the last single week of trading, and 17.03 for the last 200 days.
Denny’s Corporation [DENN]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Denny’s Corporation [DENN] shares currently have an operating margin of +13.63 and a Gross Margin at +26.38. Denny’s Corporation’s Net Margin is presently recorded at +21.69.
Return on Total Capital for DENN is now 31.32, given the latest momentum, and Return on Invested Capital for the company is 52.21. Additionally, DENN Total Debt to Total Capital is recorded at 148.03, with Total Debt to Total Assets ending up at 81.26.
Reflecting on the efficiency of the workforce at the company, Denny’s Corporation [DENN] managed to generate an average of $29,353 per employee. Receivables Turnover for the company is 20.14 with a Total Asset Turnover recorded at a value of 1.26.Denny’s Corporation’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.10 and a Current Ratio set at 1.10.
Denny’s Corporation [DENN]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, Denny’s Corporation posted 0.23/share EPS, while the average EPS was predicted by analysts to be reported at 0.18/share.When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 27.80%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for DENN. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Denny’s Corporation go to 9.00%.
An analysis of insider ownership at Denny’s Corporation [DENN]
There are presently around $558 million, or 88.30% of DENN stock, in the hands of institutional investors. The top three institutional holders of DENN stocks are: PRICE T ROWE ASSOCIATES INC /MD/ with ownership of 5,934,397, which is approximately -3.177% of the company’s market cap and around 3.30% of the total institutional ownership; WELLS FARGO & COMPANY/MN, holding 5,709,124 shares of the stock with an approximate value of $66.34 million in DENN stocks shares; and BLACKROCK INC., currently with $50.11 million in DENN stock with ownership of nearly -3.031% of the company’s market capitalization.
Positions in Denny’s Corporation stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 77 institutional holders increased their position in Denny’s Corporation [NASDAQ:DENN] by around 3,939,273 shares. Additionally, 95 investors decreased positions by around 8,657,421 shares, while 25 investors held positions by with 35,384,919 shares. The mentioned changes placed institutional holdings at 47,981,613 shares, according to the latest SEC report filing. DENN stock had 29 new institutional investments in for a total of 1,086,179 shares, while 35 institutional investors sold positions of 2,813,806 shares during the same period.