Shares of Denny’s Corporation (NASDAQ:DENN) have received a consensus rating of “Hold” from the six brokerages that are presently covering the stock, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, two have issued a hold recommendation and one has issued a buy recommendation on the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $12.00.

A number of research analysts have issued reports on DENN shares. TheStreet raised shares of Denny’s from a “c+” rating to a “b-” rating in a report on Monday, October 16th. Zacks Investment Research cut shares of Denny’s from a “hold” rating to a “sell” rating in a report on Tuesday, November 7th. Finally, BidaskClub cut shares of Denny’s from a “sell” rating to a “strong sell” rating in a report on Saturday, August 26th.

In related news, VP Stephen C. Dunn sold 5,111 shares of the firm’s stock in a transaction on Wednesday, September 13th. The shares were sold at an average price of $11.89, for a total transaction of $60,769.79. Following the completion of the transaction, the vice president now owns 93,179 shares of the company’s stock, valued at $1,107,898.31. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP F Mark Wolfinger sold 10,000 shares of the firm’s stock in a transaction on Friday, November 17th. The stock was sold at an average price of $12.57, for a total transaction of $125,700.00. Following the transaction, the executive vice president now directly owns 677,697 shares of the company’s stock, valued at approximately $8,518,651.29. The disclosure for this sale can be found here. In the last three months, insiders have sold 92,725 shares of company stock valued at $1,186,217. 5.20% of the stock is currently owned by corporate insiders.

Several institutional investors have recently modified their holdings of the stock. Schwab Charles Investment Management Inc. increased its holdings in Denny’s by 5.7% in the first quarter. Schwab Charles Investment Management Inc. now owns 325,504 shares of the restaurant operator’s stock valued at $4,027,000 after buying an additional 17,553 shares in the last quarter. Credit Suisse AG increased its holdings in Denny’s by 62.1% in the first quarter. Credit Suisse AG now owns 131,901 shares of the restaurant operator’s stock valued at $1,630,000 after buying an additional 50,528 shares in the last quarter. Aperio Group LLC increased its holdings in Denny’s by 5.1% in the second quarter. Aperio Group LLC now owns 26,741 shares of the restaurant operator’s stock valued at $315,000 after buying an additional 1,298 shares in the last quarter. Russell Investments Group Ltd. increased its holdings in Denny’s by 18.9% in the second quarter. Russell Investments Group Ltd. now owns 127,930 shares of the restaurant operator’s stock valued at $1,506,000 after buying an additional 20,350 shares in the last quarter. Finally, TD Asset Management Inc. increased its holdings in Denny’s by 43.8% in the second quarter. TD Asset Management Inc. now owns 121,508 shares of the restaurant operator’s stock valued at $1,430,000 after buying an additional 37,008 shares in the last quarter. 91.53% of the stock is owned by hedge funds and other institutional investors.

Denny’s (DENN) opened at $13.28 on Thursday. The company has a debt-to-equity ratio of -2.95, a quick ratio of 0.36 and a current ratio of 0.40. Denny’s has a one year low of $10.87 and a one year high of $14.25. The stock has a market cap of $874.14, a P/E ratio of 23.49 and a beta of 0.57.

Denny’s (NASDAQ:DENN) last released its quarterly earnings data on Wednesday, November 1st. The restaurant operator reported $0.14 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.14. The firm had revenue of $132.38 million for the quarter, compared to the consensus estimate of $133.58 million. Denny’s had a net margin of 7.21% and a negative return on equity of 52.30%. The company’s quarterly revenue was up 3.1% on a year-over-year basis. During the same period last year, the firm earned $0.13 earnings per share. analysts predict that Denny’s will post 0.55 EPS for the current year.

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About Denny’s

Denny’s Corporation (Denny’s) operates a franchised full-service restaurant chain. The Company, through its subsidiary, Denny’s, Inc, owns and operates the Denny’s brand. As of December 28, 2016, the Denny’s brand consisted of 1,733 franchised, licensed and Company-operated restaurants around the world, including 1,610 restaurants in the United States and 123 international locations.

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