Denny’s Corp. Reaches New 12-Month High at $6.42 (DENN)
Denny’s Corp. (NASDAQ:DENN)’s share price reached a new 52-week high during trading hours on Monday, American Banking & Market News reports. The company traded as high as $6.42 and last traded at $6.39, with a volume of 135,185 shares traded. The stock had previously closed at $6.32.
Several analysts have recently commented on the stock. Analysts at Janney Montgomery Scott initiated coverage on shares of Denny’s Corp. in a research note to investors on Tuesday, September 10th. They set a “buy” rating on the stock. Analysts at Roth Capital downgraded shares of Denny’s Corp. from a “buy” rating to a “neutral” rating in a research note to investors on Tuesday, July 30th. They now have a $6.25 price target on the stock. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $6.42.
Denny’s Corp. has a one year low of $4.52 and a one year high of $6.37. The stock has a 50-day moving average of $6.00 and a 200-day moving average of $5.82. The company has a market cap of $580.1 million and a price-to-earnings ratio of 24.31.
Denny’s Corp. (NASDAQ:DENN) last announced its earnings results on Monday, July 29th. The company reported $0.08 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.08. The company had revenue of $116.57 million for the quarter, compared to the consensus estimate of $116.66 million. During the same quarter in the previous year, the company posted $0.05 earnings per share. The company’s revenue for the quarter was down 6.5% on a year-over-year basis. Analysts expect that Denny’s Corp. will post $0.32 EPS for the current fiscal year.
Denny’s Corporation (NASDAQ:DENN) operates a family-style restaurant chains in the United States.
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