Denny’s Corporation (NASDAQ:DENN) has a beta of 1.81, a 12-month trailing P/E ratio of 222.05, and a growth ratio of 24.67. The stock’s Relative Strength Index (RSI) is 47.97, with weekly volatility at 3.28% and ATR at 0.60. The DENN stock’s 52-week price range has touched low of $7.87 and a $20.02 high. Its shares traded lower over the last trading session, losing -2.42% on 06/10/21. The shares fell to a low of $17.1735 before closing at $17.32. Intraday shares traded counted 0.48 million, which was 4.27% higher than its 30-day average trading volume of 502.71K. DENN’s previous close was $17.75 while the outstanding shares total 65.25M.
Investors have identified the Restaurants company Denny’s Corporation as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $1.11 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Denny’s Corporation (DENN) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. In terms of their assets, the company currently has 53.73 million total, with 75.82 million as their total liabilities.
DENN were able to record 8.65 million as free cash flow during the 08/03/2021 quarter of the year, this saw their quarterly net cash flow reduce by 10.62 million. In cash movements, the company had a total of 10.23 million as operating cash flow.
Potential earnings growth for Denny’s Corporation (DENN)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 08/03/2021 quarter of the year, Denny’s Corporation recorded a total of 80.58 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with -20.0% coming in sequential stages and their sales for the 08/03/2021 quarter increasing by 0.58%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 47.84 million trying to sell their products during the last quarter, with the result yielding a gross income of 32.73 million. This allows shareholders to hold on to 65.25M with the recently reported earning now reading 0.36 cents per share. This is a figure that compared to analyst’s prediction for their 08/03/2021 (0.01 cents a share).
Having a look at the company’s valuation, the company is expected to record 0.72 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on DENN sounds very interesting.
Is the stock of DENN attractive?
In related news, Sr. VP, CAO & Corp. Controller, Gilmore Jay C sold 3,300 shares of the company’s stock in a transaction that recorded on Mar 15. The sale was performed at an average price of 19.81, for a total value of 65,358. As the sale deal closes, the Sr. VP, CAO & Corp. Controller, Gilmore Jay C now sold 6,560 shares of the company’s stock, valued at 128,904. Also, EVP and Chief Brand Officer, Dillon John William sold 20,914 shares of the company’s stock in a deal that was recorded on Mar 10. The shares were price at an average price of 17.82 per share, with a total market value of 372,660. Following this completion of acquisition, the President, WOLFINGER F MARK now holds 10,000 shares of the company’s stock, valued at 170,491. In the last 6 months, insiders have changed their ownership in shares of company stock by 3.00%.
4 out of 10 analysts covering the stock have rated it a Buy, while 5 have maintained a Hold recommendation on Denny’s Corporation. 0 analysts has assigned a Sell rating on the DENN stock. The 12-month mean consensus price target for the company’s shares has been set at $20.11.