Media coverage about Denny’s Corporation (NASDAQ:DENN) has been trending somewhat negative this week, according to AlphaOne Sentiment Analysis. The research group, a subsidiary of Accern, ranks the sentiment of news coverage by analyzing more than 20 million news and blog sources. AlphaOne ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Denny’s Corporation earned a media sentiment score of -0.18 on AlphaOne’s scale. AlphaOne also gave press coverage about the restaurant operator an impact score of 87 out of 100, indicating that recent news coverage is very likely to have an effect on the company’s share price in the near future.
Here are some of the media headlines that may have impacted Alpha One Sentiment’s rankings:
- Sitcom Stars, Classic TV and Current Stars Head to Battle of the Network Stars; Remembering Elena Verdugo (blog.sitcomsonline.com)
- Upstate’s third Tropical Smoothie Café to open on Pelham Road in Greenville (upstatebusinessjournal.com)
- Denny : Five Students Receive Denny’s Hungry for Education Scholarships (4-traders.com)
- Denny’s Corporation (NasdaqCM:DENN) Valuation & Technicals Update – JCTY News (jctynews.com)
- Zacks: Analysts Expect Denny’s Corporation (DENN) to Post $0.15 EPS (americanbankingnews.com)
DENN has been the topic of several recent research reports. Zacks Investment Research upgraded shares of Denny’s Corporation from a “sell” rating to a “hold” rating in a research report on Thursday, February 23rd. Wedbush reiterated an “outperform” rating and set a $14.00 target price on shares of Denny’s Corporation in a research report on Thursday, February 16th. Nomura reiterated a “hold” rating and set a $12.00 target price on shares of Denny’s Corporation in a research report on Wednesday, May 3rd. Finally, Instinet reiterated a “neutral” rating and set a $12.00 target price (up from $11.00) on shares of Denny’s Corporation in a research report on Wednesday, May 3rd.
Denny’s Corporation (DENN) opened at 11.79 on Wednesday. Denny’s Corporation has a 12 month low of $10.02 and a 12 month high of $14.25. The stock has a 50 day moving average of $11.98 and a 200-day moving average of $12.35. The firm has a market cap of $823.68 million, a P/E ratio of 52.17 and a beta of 0.61.
Denny’s Corporation (NASDAQ:DENN) last released its quarterly earnings data on Tuesday, May 2nd. The restaurant operator reported $0.12 earnings per share for the quarter, missing analysts’ consensus estimates of $0.13 by $0.01. The company had revenue of $127.91 million for the quarter, compared to analysts’ expectations of $128.55 million. Denny’s Corporation had a net margin of 3.49% and a negative return on equity of 68.77%. Equities research analysts predict that Denny’s Corporation will post $0.57 earnings per share for the current fiscal year.
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About Denny’s Corporation
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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