Denny’s Corporation (NASDAQ:DENN) will be issuing its quarterly earnings data after the market closes on Wednesday, February 15th. Analysts expect the company to announce earnings of $0.13 per share for the quarter.
Denny’s Corporation (NASDAQ:DENN) opened at 12.51 on Monday. The company has a 50-day moving average price of $12.42 and a 200-day moving average price of $11.48. The firm has a market cap of $917.81 million, a P/E ratio of 62.24 and a beta of 0.45. Denny’s Corporation has a 12-month low of $9.18 and a 12-month high of $13.16.
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In other news, Director Debra Smithart-Oglesby sold 20,950 shares of the company’s stock in a transaction on Wednesday, November 16th. The stock was sold at an average price of $12.28, for a total transaction of $257,266.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Pelt Jill A. Van sold 9,200 shares of the company’s stock in a transaction on Thursday, December 8th. The shares were sold at an average price of $12.68, for a total value of $116,656.00. Following the sale, the vice president now owns 68,119 shares of the company’s stock, valued at $863,748.92. The disclosure for this sale can be found here. Corporate insiders own 4.70% of the company’s stock.
A number of research analysts have commented on the company. Wedbush reaffirmed an “outperform” rating and issued a $14.00 price objective on shares of Denny’s Corporation in a report on Saturday, January 7th. Zacks Investment Research lowered Denny’s Corporation from a “hold” rating to a “sell” rating in a report on Monday, January 16th.
Denny’s Corporation Company Profile
Denny’s Corporation (Denny’s) is a franchised service restaurant chain. The Company, through its subsidiary, Denny’s, Inc, owns and operates the Denny’s brand. The Denny’s brand consists of approximately 1,710 franchised, licensed and company operated restaurants around the world, including over 1,600 restaurants in the United States and over 110 international locations.
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