On Monday, Denny’s Corp (NASDAQ: DENN) opened higher 6.40% from the last session, before settling in for the closing price of $6.25. Price fluctuations for DENN have ranged from $5.37 to $11.16 over the past 52 weeks.
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A company in the Consumer Cyclical sector has dropped its sales by -1.31% annually for the last half of the decade. Company’s average yearly earnings per share was noted -11.03% at the time writing. With a float of $49.78 million, this company’s outstanding shares have now reached $52.24 million.
In an organization with 3500 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 28.21%, operating margin of 10.21%, and the pretax margin is 5.21%.
Denny’s Corp (DENN) Insider Updates
A key investor’s attitude towards the stock of the Restaurants industry is another important factor to consider. The insider ownership of Denny’s Corp is 3.02%, while institutional ownership is 84.50%. The most recent insider transaction that took place on Jun 14 ’24, was worth 65,299. In this transaction EVP, Chief Financial Officer of this company bought 10,000 shares at a rate of $6.53, taking the stock ownership to the 24,000 shares. Before that another transaction happened on Jun 14 ’24, when Company’s Sr. VP, CAO & Corp. Controller bought 12,000 for $6.51, making the entire transaction worth $78,118. This insider now owns 121,227 shares in total.
Denny’s Corp (DENN) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 0.14 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at 0.17) by -0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.12 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -11.03% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.00% during the next five years compared to -11.84% drop over the previous five years of trading.
Denny’s Corp (NASDAQ: DENN) Trading Performance Indicators
Check out the current performance indicators for Denny’s Corp (DENN). In the past quarter, the stock posted a quick ratio of 0.37. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.74. Likewise, its price to free cash flow for the trailing twelve months is 16.60.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.33, a number that is poised to hit 0.15 in the next quarter and is forecasted to reach 0.59 in one year’s time.
Technical Analysis of Denny’s Corp (DENN)
Let’s dig in a bit further. During the last 5-days, its volume was 0.98 million. That was better than the volume of 0.59 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 37.27%. Additionally, its Average True Range was 0.32.
During the past 100 days, Denny’s Corp’s (DENN) raw stochastic average was set at 54.24%, which indicates a significant increase from 33.33% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 46.75% in the past 14 days, which was lower than the 60.63% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.50, while its 200-day Moving Average is $7.33. However, in the short run, Denny’s Corp’s stock first resistance to watch stands at $6.88. Second resistance stands at $7.11. The third major resistance level sits at $7.41. If the price goes on to break the first support level at $6.36, it is likely to go to the next support level at $6.06. Assuming the price breaks the second support level, the third support level stands at $5.83.
Denny’s Corp (NASDAQ: DENN) Key Stats
There are currently 51,329K shares outstanding in the company with a market cap of 333.86 million. Presently, the company’s annual sales total 463,920 K according to its annual income of 19,950 K. Last quarter, the company’s sales amounted to 111,760 K and its income totaled 6,520 K.
