Denny’s Corp [NASDAQ: DENN] loss -23.81% or -1.6 points to close at $5.12 with a heavy trading volume of 5810871 shares.
The daily chart for DENN points out that the company has recorded -9.06% loss over the past six months.
If we look at the average trading volume of 809.07K shares, DENN reached to a volume of 5810871 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 Corp [DENN]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for DENN shares is $9.00 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 1.62. 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.
Wedbush have made an estimate for Denny’s Corp shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on February 07, 2025. While these analysts kept the previous recommendation, Citigroup raised their target price from $7 to $7.50. The new note on the price target was released on October 25, 2024, representing the official price target for Denny’s Corp stock. Previously, the target price had yet another raise to $12, while Piper Sandler analysts kept a Neutral rating on DENN stock. On December 21, 2022, analysts decreased their price target for DENN shares from 12.50 to 10.
The Average True Range (ATR) for Denny’s Corp is set at 0.44, with the Price to Sales ratio for DENN stock in the period of the last 12 months amounting to 0.58. Price to Free Cash Flow for DENN in the course of the last twelve months was 13.07 with Quick ratio for the last quarter at 0.40.
Trading performance analysis for DENN stock
Denny’s Corp [DENN] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -18.21. With this latest performance, DENN shares dropped by -8.90% in over the last four-week period, additionally sinking by -9.06% over the last 6 months – not to mention a drop of -50.63% 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 32.91, with the RSI for the last a single of trading hit 27.05, and the three-weeks RSI is set at 36.73 for Denny’s Corp [DENN]. The present Moving Average for the last 50 days of trading for this stock 6.19, while it was recorded at 6.49 for the last single week of trading, and 6.63 for the last 200 days.
Denny’s Corp [DENN]: A deeper dive into fundamental analysis
Denny’s Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.40 and a Current Ratio set at 0.42.
An analysis of Institutional ownership at Denny’s Corp [DENN]
There are presently around $86.02%, or 88.75%% of DENN stock, in the hands of institutional investors. The top three institutional holders of DENN stocks are: ALLSPRING GLOBAL INVESTMENTS HOLDINGS, LLC with ownership of 8.08 million shares, which is approximately 15.2174%. BLACKROCK INC., holding 4.0 million shares of the stock with an approximate value of $$28.39 million in DENN stocks shares; and BLACKROCK INC., currently with $$24.28 million in DENN stock with ownership which is approximately 6.4431%.
