Denny's Corporation, through its subsidiary, Denny's, Inc., owns and operates full-service restaurant chains under the Denny's brand. As of December 29, 2021, it had 1,640 franchised, licensed, and company restaurants worldwide. The company was formerly known as Advantica Restaurant Group, Inc. and changed its name to Denny's Corporation in 2002. Denny's Corporation was founded in 1953 and is based in Spartanburg, South Carolina.
Denny's Stock Up 0.9 %
Denny's stock traded up $0.09 during midday trading on Monday, reaching $9.99. The stock had a trading volume of 10,143 shares, compared to its average volume of 611,992. Denny's has a 52-week low of $8.46 and a 52-week high of $17.40. The firm has a market cap of $578.72 million, a price-to-earnings ratio of 6.31, a price-to-earnings-growth ratio of 2.18 and a beta of 1.61. The company has a fifty day moving average of $9.30 and a 200 day moving average of $11.96.
Analyst Upgrades and Downgrades
DENN has been the topic of several research analyst reports. MKM Partners decreased their price target on shares of Denny's from $15.00 to $12.50 and set a "neutral" rating on the stock in a research note on Friday, June 3rd. StockNews.com cut shares of Denny's from a "buy" rating to a "hold" rating in a research report on Thursday, August 4th. Wedbush cut shares of Denny's from an "outperform" rating to a "neutral" rating and decreased their target price for the company from $19.00 to $10.00 in a research report on Friday, June 24th. Deutsche Bank Aktiengesellschaft decreased their target price on shares of Denny's from $13.00 to $11.00 in a research report on Thursday, August 4th. Finally, Citigroup upped their target price on shares of Denny's to $10.50 in a research report on Tuesday, August 9th. Five investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat, Denny's presently has a consensus rating of "Hold" and an average price target of $14.14.